Global financial markets are likely to remain "awful" for some time to come, the finance director of British investment bank and brokerage Evolution Group said on Friday. "It's pretty awful at the
* Compromise still seen possible over weekend * U.S. Republican leaders will scramble to rescue their budget deficit-cutting plan on Friday after conservatives mounted a rebellion that heaped uncertainty on efforts
* Gold consolidates gains after hitting a record this week * Asian equities slipped on Friday as investors braced for more volatility after lawmakers failed to make progress in breaking a
* Economists, IMF officials question Greek rescue package * Italy's borrowing costs soared at a closely watched bond auction on Thursday as investors worried by the euro zone debt crisis and an
Economic sentiment in the euro zone worsened more than expected this month with optimism fading in all sectors, data showed on Thursday, signalling slower expansion of the region's economy in the second
* Admission into a support mechanism "not a given" * Cyprus President Demetris Christofias said on Thursday he would not follow his cabinet in resigning over a munitions blast that destroyed the
Tens of thousands of European bankers are losing their jobs in a deep trading slump that has been compounded by regulatory curbs on excessive risk — and many more will be out
* Sony Q1 profits fall 59%; Nintendo falls to 27-year low * Japan's top consumer electronic firms recovered faster than expected from the March earthquake, keeping their full-year profit forecasts despite a
House prices in England and Wales were flat on the month in June and fell 2.5% compared with a year ago, the biggest annual fall since October 2009, government data showed on
Fitch Ratings has postponed its decision on Portuguese credit standing to the fourth quarter from the end of July, giving the new centre-right government more time to implement austerity under an EU/IMF
