Banks, commods boost FTSE after US jobs data

Britain's leading shares rose on Monday, led by banks and commodity stocks as risk appetite remained after a better-than-expected U.S. jobs report in the previous session. Cable & Wireless Worldwide gained on

U.S. jobs data continues to lift equities

Encouraging news about the U.S. employment picture continued to spill over onto financial markets on Monday, lifting world stocks on hopes that a slip back into recession could be avoided. The mood

Continental AG issue encourages junk bond market

Junk-rated Continental AG lowered its borrowing costs markedly this week amid bullish bondholder sentiment, in an encouraging signal to other less creditworthy issuers waiting on the sidelines. Europe's market for speculative grade

North casino spending drops by 51%

Plastic card spending by Greek Cypriots in the “Occupied Areas and Attaleia” rose by 2.97% to EUR 4.66 mln in the first eight months of 2010, according to data from the credit

EU to revamp policing of banks

European Union diplomats agreed on Thursday to set up pan-EU financial watchdogs by the start of next year, to lead a clampdown on the bankers that many blame for the worst recession