Weeks after Germany emerged victorious from the World Cup, the country's highest soccer body is embroiled in a legal battle over its logo that could cost it millions in lost revenue.
The IMF has lowered its 2014 growth forecast for the United States. It did so on fears that the country's economy may not be able to make up for the sharp contraction in the winter as quickly as previously thought.
EU ministers have given the final stamp of approval for Lithuania to join the eurozone next year. Amid fears of unjustified price hikes, the Baltic state will be the 19th nation to adopt the single currency.
The Federal Reserve Bank of New York has sharply criticized Deutsche Bank for "shoddy financial reporting." This assessment was first made public by the Wall Street Journal, which quoted a letter to the German lender.