Behind Iran's currency crash

NEW YORK (CNNMoney) -- Iran's currency is in a free fall, and the sanctions over its nuclear program are mostly to blame.

German industry orders slide on weak domestic demand

(Reuters) - German industrial orders dropped in August as a slide in domestic demand outweighed an improvement in euro zone contracts, denting hopes that domestic appetite will sustain growth in Europe's largest economy.

ECB's Draghi Says Bond-Buying Program Is Ready

KRANJ, Slovenia—European Central Bank President Mario Draghi on Thursday said the bank's new bond-buying program is ready to activate, and put the onus on vulnerable countries such as Spain to first seek and receive assistance from other euro-zone governments.

Shares gain as growth fears ease, ECB meeting eyed

LONDON (Reuters) - European shares rose on Thursday as better economic data from the United States eased fears over global growth, while the euro strengthened ahead of an European Central Bank policy meeting later where is expected to keep rates unchanged.

Bernanke Seeks Gains for Stocks in Push for Jobs: Economy

Chairman Ben S. Bernanke is increasingly aiming for gains in stock prices as the Federal Reserve reaches for new tools to spur the three-year recovery and reduce unemployment stuck above 8 percent.

G7: Europe will tell US to deal with 'fiscal cliff'

Europe will tell the US, Japan and Canada next week that it is acting to resolve its sovereign debt crisis, but that US fiscal policy and slowing growth in Japan and China also pose risks to the global economy, according to reports.

Greece sure to get next aid tranche: German magazines

BERLIN: Greece will receive its next tranche of international aid despite budget shortfalls and slow progress on reforms because the euro zone does not want the country to leave the common currency, two German magazines reported on Saturday.