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Asian shares slid on Friday after a Republican proposal to deal with a U.S. fiscal crunch failed to get enough support, deepening uncertainty over the U.S. can avert the "fiscal cliff" of

Greek lenders Eurobank and Piraeus have both reported quarterly losses, hit by bad debt provisions and higher funding costs that squeezed net interest income. With the economy shrinking at an annualised rate

Silvio Berlusconi joined forces with his leftwing opponents on Thursday to warn Mario Monti against standing in the coming election, as uncertainty over the outgoing premier's plans stoked political tension in Italy.

Investors could have more choice in where to clear share trades and pay less for them under new rules set out by European Union regulators on Thursday. Market users would not have

A subtle shift in monetary policymaking is afoot with a new generation of central bankers, striving to secure global economic recovery, prepared to challenge the old doctrine of inflation-fighting at all costs.

European Union regulators dropped an antitrust investigation into Thomson Reuters on Thursday after the company made it easier for customers using its financial instrument codes to switch to competing services. The European