The euro hit fresh 11-month highs against a broadly weaker yen on Monday and touched a five-month peak against the dollar with markets all but certain the European Central Bank will raise
Asian shares rose to their highest in nearly 3 years on Monday after strong U.S. jobs growth spurred optimism about the global economy, and the euro hit an 11-month peak against the
Japan's prime minister made his first visit to the country's tsunami-devastated region on Saturday as the operator of the stricken Fukushima nuclear complex said it had found radioactive water leaking into the
Cyprus communist president Demetris Christofias has blamed an “alliance” intent on harming the government for a downgrade of the country's debt rating by Standard and Poor's, saying his administration could assume no
Credit rating agency Fitch downgraded Portugal on Friday saying the debt-laden country needed a bailout, while rival agency S&P cut Ireland's rating after bank stress tests revealed another black hole. Despite a
Pay at Greece's biggest refiner, Hellenic Petroleum, is too high and must be linked to productivity, its chief executive said on Friday, shortly before the planned start of strike action. The average
Marfin Popular Bank, the second-largest lender in Cyprus, announced that it will fully acquire the Russian subsidiary OJSC RPB Holding, owner of Rossiysky Promyishlenny Bank (Rosprombank) and OOO RPB Leasing, for 51.6
Ireland is set to reveal up to a 25 billion euro hole in its banks' capital and a radical restructuring of the sector as it releases stress test results on Thursday in
European shares slipped on Thursday as investors traded cautiously ahead of the Irish bank stress tests results, with banking stocks reversing earlier gains, while H&M fell after earnings missed forecasts. By 0928
A new technology that allows hydrogen to be stored in a cheap and practical way, could make its widespread use as a carbon-free alternative to petrol a reality, according to its developers.
