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.
. Regional turmoil is creating an unexpected boom for Dubai as tourists and businessmen flock once again to the shopping and skyscraper oasis after fleeing just a few years ago in the
French President Nicolas Sarkozy on Wednesday sought China's support to help advance reform of world commodity and financial markets, while his Chinese counterpart Hu Jintao warned Sarkozy against overstepping U.N. authority in
Britain's service sector rebounded in January after a snow-hit December and retail sales rose unexpectedly in March, data showed on Wednesday, raising hope of a decent pick-up in first-quarter GDP. The pound
More than half of British women pay for themselves on a first date, even though men still want to pay, according to a survey on Monday. A poll of 1,924 adults for
