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Euro zone growth prospects brighten slightly

Eurozone growth prospects brighten slightly

The eurozone's economic prospects are brighter now than they were three months ago thanks to cheaper oil, a weaker euro and the European Central Bank's quantitative easing, the European Commission said on Thursday (February 5).
Three ruling coalition members linked to Petrobras

Petrobras CEO Foster and five other top executives resign

The chief executive and other senior management at Brazil's Petrobras resigned on Wednesday (February 4) amid a festering corruption scandal, sending shares higher as the government scrambled to find replacements capable of restoring investor confidence in the state-run oil company.