BP Plc said on Monday it had incurred $350 million in costs so far from the huge oil spill in the Gulf of Mexico as fears mounted of a prolonged and growing
The U.S. Federal Reserve reopened currency swap facilities with other major central banks on Sunday to help ease market strains in Europe. The Fed revived facilities established during the 2007-2008 financial crisis
S&P futures extended their gains on Monday, up 2.4 percent as central banks launched U.S. dollar swap lines, while the European central bank will buy back bonds.
Wealthy supporters seeking to buy English soccer club Manchester United said they would not overpay, after a source close to the matter said the club last year rejected a bid for 1.5
The Bank of Japan said on Monday it will re-establish its dollar swap agreement with the Federal Reserve and introduce a dollar fund supply operation against pooled collateral. "The BOJ will continue
The euro rose and Asian stocks jumped on Monday after the European Union and IMF carved out an emergency loan package of up to 750 billion euros ($1 trillion) to keep Greece's
European Union finance ministers agreed an emergency loan package on Monday that with IMF support could reach 750 billion euros ($1,000 billion) to prevent a sovereign debt crisis spreading through the euro
The outcome of the UK general elections does not directly threaten the UK government's Aaa rating, Moody's Investors Service said in a new report published Friday. "Moody's stance assumes that the incoming
U.S. stocks index futures rose in volatile trade on Friday, pointing to a higher open after a steep fall in the previous session, as data showed the economy added jobs at the
U.S. nonfarm payrolls grew at the fastest pace in four years in April as private sector employers ramped up hiring, raising the strong possibility that the labor market recovery may be picking
