Oil stood at just below $58 a barrel on Friday, off session highs, lifted partly by more positive data on the health of some major economies that could ultimately translate into increased
Spreads on covered bonds from Spain and Ireland have tightened, pulling government bond spreads with them, after the European Central Bank said it would buy around 60 billion euros ($80 billion) of
World stocks held gains on Friday near this week's 2009 high and the euro hit a one-month high against the dollar while U.S. Treasuries edged up after a mixed U.S. employment report.
U.S. employers cut a smaller-than-expected 539,000 jobs in April, the smallest amount since October, according to government data on Friday that hinted at some improvement in the labor market and the recession-hit
By Andrew Hay Spanish Prime Minister Jose Luis Rodriguez Zapatero could be fighting to keep his job this year as unemployment nears Depression levels and businesses demand labour reforms which unions warn
Laser Investment Group Plc (LAS) announced the signing of the agreement between its subsidiary Coffee Beanery Europe Ltd and the Dutch company Global Market Consultants N.V, which concerns the sale of franchise
U.S. shares are set to rise on Friday, after stress tests for U.S. banks sparked optimism about the sector's future, and ahead of April's non-farm payroll data. At 0818 GMT, futures for
U.S. regulators told top banks on Thursday to raise $74.6 billion to build a capital cushion officials hope will restore faith in financial firms and set a course out of the deepest
Bank of America Corp (BAC.N), ordered by the government to find $33.9 billion of capital, said on Thursday it planned to sell assets and issue more common stock to cover the shortfall.
Toyota Motor Corp (7203.T), the world's biggest automaker, forecast a much deeper-than-expected annual loss of $8.6 billion as sales tumble, keeping dozens of its factories underused. Toyota booked a $6.9 billion loss
