France wants to host a meeting of G20 nuclear industry officials in May to set out new global standards in the wake of the disaster in Japan, President Nicolas Sarkozy said on
Inconsistency in exchange rate policies is the most important problem in the international monetary system, with some countries running tightly managed currency regimes that harm the global economy, U.S. Treasury Secretary Timothy
China pushed back on Thursday against pressure from Paris and Washington for swift reform of a global monetary system that French President Nicolas Sarkozy said is so unstable that it could tip
* Finance ministry says banks robust * Standard and Poor's cut Cyprus's long-term sovereign rating to A- from A on Wednesday, its second cut in five months, citing spillover concerns on its
The FTSE 100 closed higher for a sixth consecutive session on Wednesday, its best run since August 2010, as investors ditched retailers over earnings worries in favour of growth sectors such as
Part-nationalised British bank Lloyds gave its new chief executive Antonio Horta-Osorio a long-term pay deal potentially worth some 10 mln pounds ($16 mln), according to its annual report. Horta-Osorio, who joined Lloyds
Greece's ATEbank, the only Greek lender to fail EU-wide bank stress tests last year, said on Wednesday it was planning a 1.26 bln euro ($1.77 bln) share capital increase to bolster its
Greece could use some proceeds from its state divestments programme to buy back outstanding bonds in the market and retire some of its debt, the country's finance minister said on Wednesday. Greece,
Small Greek lender Proton Bank said on Wednesday businessman Lavrentis Lavrentiadis had cut his stake to 15.55% from 20.1%. Lavrentiadis, who acquired the stake from Piraeus Bank in 2009, sold 3.1 mln
. Private jets, once playthings of the rich, have become a necessity for travellers in the restive Middle East and North Africa where commercial airlines have scaled back flights. Business is booming.
