Topic: BNP Paribas SA
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Toyota recall affects 7.4M cars. Power window could be fire hazard (+video)
Toyota recall includes 7.4 million cars worldwide for a faulty power window switch that could be a potential fire hazard. The Toyota recall is the single biggest auto recall since 1996.
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Gold prices dip. Pessimism or Columbus Day quiet?
Gold prices fell on Monday as concerns over the global economic outlook and its impact on the coming corporate earnings season weighed on investor sentiment. But national holidays in the US and Japan were expected to limit trading activity and may have been partially responsible for the dip in gold prices.
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On fifth anniversary of credit crisis, global markets fall
The unofficial anniversary of the start of the global credit crisis sees markets down, despite hopes of more Chinese stimulus and encouraging US jobs data.
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New details about Romney's wealth confirm F. Scott Fitzgerald's quip about the rich
News sources report that Mitt Romney's financial portfolio has included an offshore company in Bermuda that remained invisible to voters. But it may be images of the Romney clan vacationing at their $8 million summer compound on a lake in New Hampshire that have more impact.
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Win-win moment in Europe takes edge off summer of gloomy predictions
Ugly eurozone-crisis dynamics threaten to make it a summer of social unrest. But Spain's Euro2012 win and Germany's agreement on a European rescue fund have shifted the tone.
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Greece vote tempers threat of eurozone departure (+video)
Greece's New Democracy party, which favors meeting European Union bailout demands, won the largest percentage of votes and is preparing to form a coalition.
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Spain capital flight doubles as risk of European bailout rises (+video)
Capital flight from Spain has doubled to a new record and the country has demanded the European Central Bank recapitalize its teetering financial system, warning that the alternative is a broader bailout that could rock the European economy.
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Mitt Romney would be the wealthiest president ever, Forbes calculates
Forbes Magazine analyzed Mitt Romney's wealth, including investments, real estate, and cash. It found $230 million in assets, while the total for the Obamas is nearly $6 million.
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Greece to investors: take a haircut so we can get our bailout (+video)
For Greece to receive its second international bailout, private lenders need to agree to a substantial debt write-off. The deadline for an agreement is tonight.
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Greece's debt: What happens if deal fails?
Greece debt default looms if 75 percent of debt-holders don't go along with the negotiated restructuring plan. Even so, market reaction to a disorderly default on Greece's debt could be minimal.
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Europeans fear Iran oil embargo will wreck economy
With a proposed embargo on Iranian oil, the European Union and the US could suffer from rising oil prices while Iran simply finds new buyers.
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New home sales near all-time low
New home sales in 2011 could be the worst ever, despite a rise in November. Last month saw a 1.6 percent increase in new home sales, far less than what economist had hoped for.
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Record low mortgage rates drop even lower
Record low mortgage rates push the average 30-year loan to 3.91 percent. But can these record low mortgage rates last?
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Rajoy, Spain's new PM, warns of tough economic road ahead
Spain's new prime minister Mariano Rajoy was sworn in today amid muted optimism that he can make the tough economic reforms that the eurozone wants.
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Annual PPI: Wholesale prices rose in September
Annual PPI – a gauge of wholesale prices – rises to 6.9 percent. But without energy and food, core annual PPI up only 2.5 percent.
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Stocks rise on hopes for European banks
The Dow rose 131 points to close at 10939 as officials made moves to support Europe's struggling banks
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Would Obama's jobs plan help avoid a recession?
Economists from 28 firms offered estimates about the jobs plan to Bloomberg News. They disagreed on how effective it would be – and the cost could be high.
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Markets rally after eurozone rescue mission by world's central banks
Five central banks take steps to funnel cash to eurozone commercial banks by year's end. Their aim? Avert a funding freeze – and perhaps another global banking crisis tied to bad debt.
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Stocks go up for second straight day
The Dow rose 44.73 points to close at 11,105.85 after a choppy Tuesday session
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Stock prices in Europe hit two-year low
Stock prices in Europe fall sharply after G7 finance ministers fail to come up with new measures. Bank stock prices, in particular, tumble over concerns of spreading euro debt crisis.
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Rising demand for oil could lead to global double-dip recession
Many are forecasting higher oil prices next year, due to increased global consumption and decreased output from Libya and other oil-producing nations. That could threaten global economic recovery.
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Short-selling banned in 4 European countries
Short-selling of certain stocks is now forbidden in France, Italy, Spain, and Belgium. The ban on short-selling comes as concerns about Europe's debt worsen.
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Efforts to calm European markets mount, but fail
Markets had rebounded by late in the day, but they're still fragile, economists say. Leaders of France and Germany have announced plans to meet next week to discuss Europe's financial troubles.
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'Eurobonds' anyone? Officials call for EU-wide fiscal policies to ease debt crisis
But that hasn't dampened calls from critics who worry that centralizing European Union fiscal policy would impinge on national sovereignty – and possibly even worsen the crisis.
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Why America should care about Europe’s economy
In the globally connected economy, financial pain in either Europe or the US has worldwide ripples.
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