Spain was under pressure on Monday to reveal what it intends to do about its troubled banking sector as the government's borrowing rates in the bond markets stayed at worryingly high levels,

The United Arab Emirates' economic growth is likely to slow to about 3 percent this year as it feels the effects of a sputtering global recovery, the Gulf federation's top economic official said

Portugal's foreign bailout creditors will provide another batch of the country's €78 billion ($96 billion) rescue package after concluding the government is abiding by the terms of the