• Private equity firms loan indebted oil firms badly needed funds in exchange for ownership stakes.Global Economy,Apollo Global Management,banks,Blackstone Group,Carlyle Group,Corporate finance,Debt,energy industry,Highbridge Capital Management,KKR,oil,Private equity,Guest Contributor

    The CEO of the Carlyle Group Co, David Rubenstein, in Davos, January 21, 2015. FABRICE COFFRINI/AFP/Getty Images
  • Britain’s finance minister is set to stick to his guns on austerity in Wednesday’s budget, despite increasing calls for a change of course, as he bets that growth will get back on track before an election in 2015.  Europe,Austerity,Conservatives,David Cameron,Economic policy,finance minister,Fiscal policy,George Osborne,United Kingdom,Reuters Comment

    Published Date : Mar 19, 2013, 2:15 PM EDT
  • Students march under the snow while they protest against austerity measures on state schools, in Pamplona, northern Spain on Thursday, March 14, 2013.

    Pols still want higher taxes and budget cuts, but are slowing the pace in hopes of avoiding any further slowdown in economic growth.

    LAST UPDATE : Mar 15, 2013, 8:39 PM EDT
  • FILE- In this May 15, 2012 file photo, Indians crowd a vegetable market in Ahmadabad, India.

    India's finance minister told Parliament that attracting foreign investment was crucial to stemming economic slowdown and getting the nation back to fiscal health.

    LAST UPDATE : Feb 28, 2013, 3:01 AM EST