Credit Suisse missed forecasts by posting its weakest quarterly profit in 2009 as market conditions toughened, but it continued to attract client flows while rival Swiss bank UBS struggled. Credit Suisse, which
British Prime Minister Gordon Brown said the world's top economies were close to agreeing an international levy on banks and that a deal could be thrashed out during a G20 summit in
Credit Suisse missed forecasts by posting its weakest quarterly profit in 2009 as market conditions toughened, but it continued to attract client flows while rival Swiss bank UBS struggled. Credit Suisse, which
* Greece in spotlight as EU leaders meet in Brussels * Germany, France to lead rescue talks, no details expected * ECB chief Trichet to discuss Greece with leaders European Union leaders
— Coalition rift affects airline decision — — Bankruptcy cost higher than new plan — The fate of state-owned carrier Eurocypria lies in the hands of Thursday’s plenary session of parliament
Capital Intelligence has lowered Greece’s long-term foreign currency rating to BBB+ from A and its short-term foreign currency rating to A2 from A1. The outlook on the long-term rating – which indicates
Among the three governments — Spain (Aaa), Portugal (Aa2) and Greece (A2) — whose public finances are currently the focus of much market speculation, only Greece faces material challenges, Moody's Investors Service
The U.S. trade deficit widened unexpectedly in December to $40.2 billion, fueled by the highest oil prices and oil imports since October 2008, the Commerce Department said on Wednesday. Wall Street analysts
Oil rose above $74 a barrel on Wednesday, bouncing from earlier losses, as the euro extended gains against the dollar on hopes for a bailout for Greece. U.S. crude futures <CLc1> rose
The Bank of England may have to pump more money into Britain's fragile economy, Governor Mervyn King said on Wednesday after the central bank forecast inflation would stand well below target in
