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(MENAFN - AFP) Annual inflation in strife-torn Ukraine soared to some 61 percent in April, the state statistics agency said Wednesday, as the conflict in the east of the country continued to roil the stricken economy.

The year-on-year figure rose from some 53.7 percent in March as the ex-Soviet nation counts the cost of more than a year of bitter fighting with pro-Russian ...

 
(MENAFN - AFP) Brazil's industrial production has dropped 4.7 percent over 12 months after slipping in March by 0.8 percent amid a sharp downturn in the world's seventh-largest economy, official figures showed Wednesday.

Brazil is enduring a fifth straight year of low growth -- last year saw GDP grow by just 0.1 percent and this year is set to see a contraction of around ...

 
(MENAFN - AFP) Europe's main stock markets closed with gains on Wednesday after a day of seesaw trading as the euro rose sharply against the dollar.

London's benchmark FTSE 100 index eeked out a 0.09 percent gain to 6,933.74 points on the eve of Britain's most unpredictable election in living memory.

The CAC 40 in Paris rose 0.15 percent to 4,981.59 and the DAX in Frankfurt ...

 
(MENAFN - AFP) International Monetary Fund Managing Director Christine Lagarde called Wednesday for more reform to bankers' compensation, saying they are still encouraged by their pay packages to take too much risk.

"Incentives related to compensation practices need to change, so that rewards are no longer so much tied to myopic actions and excessive risk taking," she told ...

 
(MENAFN - AFP) International Monetary Fund Managing Director Christine Lagarde called Wednesday for more reform to bankers' compensation, saying they are still encouraged by their pay packages to take too much risk.

"Incentives related to compensation practices need to change, so that rewards are no longer so much tied to myopic actions and excessive risk taking," she told ...

 
(MENAFN - AFP) International Monetary Fund Managing Director Christine Lagarde called Wednesday for more reform to bankers' compensation, saying they are still encouraged by their pay packages to take too much risk.

"Incentives related to compensation practices need to change, so that rewards are no longer so much tied to myopic actions and excessive risk taking," she told ...

 
(MENAFN - AFP) International Monetary Fund Managing Director Christine Lagarde called Wednesday for more reform to bankers' compensation, saying they are still encouraged by their pay packages to take too much risk.

"Incentives related to compensation practices need to change, so that rewards are no longer so much tied to myopic actions and excessive risk taking," she told ...

 
(MENAFN - AFP) International Monetary Fund Managing Director Christine Lagarde called Wednesday for more reform to bankers' compensation, saying they are still encouraged by their pay packages to take too much risk.

"Incentives related to compensation practices need to change, so that rewards are no longer so much tied to myopic actions and excessive risk taking," she told ...

 
(MENAFN - AFP) International Monetary Fund Managing Director Christine Lagarde called Wednesday for more reform to bankers' compensation, saying they are still encouraged by their pay packages to take too much risk.

"Incentives related to compensation practices need to change, so that rewards are no longer so much tied to myopic actions and excessive risk taking," she told ...

 
(MENAFN - AFP) The EU opened a new front Wednesday in its battle with Internet firms like Amazon and Google as part of a wide-ranging digital strategy aimed at making Europe more competitive with global rivals.

Brussels launched an anti-trust inquiry into the European online shopping sector amid concerns that US companies in particular are distorting the 28-nation bloc's ...

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