Lloyds Banking Group Plc agreed to sell its loss-making Halifax estate agency business for a token 1 pound ($1.62) and will shed a further 360 jobs in the process, the part-nationalised British
Volkswagen AG said it will seek a potential further 10 billion euros from shareholders to secure its merger with Porsche and safeguard its financial stability. Volkswagen plans to ask shareholders next month
Small business recovery could set E.Europe states apart By Marton Dunai BUDAPEST, Oct 16 (Reuters) – Lending to crisis-hit eastern European small business shows little sign of recovering and more state backing
Asian shares gave up early gains on Friday, with interest rate speculation pressuring assets in South Korea and China, while a bounce in the British pound continued to depress the yen and
* U.S. stock index futures pointed to a higher open on Wall Street on Friday, as investors awaited key earnings reports from conglomerate General Electric and Bank of America. * At 0756
Google plans to launch an online store to deliver electronic books to any device with a Web browser, threatening to upset a burgeoning market for dedicated e-readers dominated by Amazon's Kindle. The
The Russian government has set aside the resources to support its economy and manage the strains associated with contingent liabilities, Moody's Investors Service said in a pair of new reports. "As the
The European Investment Bank's (EIB) Aaa/P-1/stable ratings reflect its intrinsic financial strength, as evidenced by its sound governance, its strong capital adequacy, the high quality of its assets and investments, its ample
Moody's Investors Service has withdrawn ratings of Bank Standard of Azerbaijan, while the long-term local and foreign currency deposit ratings carry a negative outlook. Moody's noted that, as of the date of
U.S. consumer prices rose marginally in September and the number of workers filing new claims for jobless insurance hit a nine-month low last week, more proof the economy was healing after a
