Barclays is set to cut about 3,000 jobs this year to reduce costs after a drop in bond trading and an insurance mis-selling charge caused first half profits to fall by a
* Bond yields soar; Gov't insists no funding needs til December * Cyprus may soon have to seek an international bailout, becoming the fourth state in the euro zone to request
The United States is poised to step back from the brink of economic disaster on Tuesday as a bitterly fought deal to cut the budget deficit is expected to clear the Senate
Samsung Electronics has delayed the Australian launch of its latest Galaxy tablet due to a patent lawsuit filed by Apple Inc , Bloomberg reported, as both technology companies defend their market share
The European Commission proposed on Monday boosting the EU's contribution to jointly financed development projects for the euro zone's bailout recipients, offering them hundreds of millions of euros of additional funding. The
Asian shares fell on Tuesday as sluggish U.S. and global manufacturing data added to concerns about the health of the world economy, while a strengthening yen prompted speculation that Tokyo may intervene
After months of vitriolic discord, Republican and Democratic lawmakers are expected to vote on Monday on a White House-backed deal to raise the U.S. borrowing limit and avert an unprecedented debt default.
Syrians began the Muslim Ramadan fast in sombre mood on Monday after troops stormed Hama, scene of a 1982 massacre, in one of the bloodiest days of a five-month-old uprising against President
Syrians began the Muslim Ramadan fast in somber mood on Monday after troops stormed Hama, scene of a 1982 massacre, in one of the bloodiest days of a five-month-old uprising against President
More than 200,000 university applicants in Britain will fail to get places this year, the head of the admissions service said in an interview with the Independent newspaper published on Monday. Chief
