CNP Marfin aims for 7% of Greek insurance market

CNP Marfin Insurance Holdings Ltd, the newly formed company as a result of the long-term partnership agreement between France’s leading insurance company, CNP Assurances and Marfin Popular Bank of Cyprus aims to

UK bank rescue plan cheers world stocks

World stocks rose on Monday while government bonds fell after Britain launched a multi-billion rescue plan for its troubled banks and the incoming U.S. administration planned more measures to help the economy.

German FDP seeks changes to stimulus package

Germany's Free Democrats (FDP) plan to use their sharp gains in a regional election on Sunday to push for changes to an economic stimulus package agreed by Chancellor Angela Merkel's coalition earlier

France says could take stake in carmakers

France could take stakes in carmakers in exchange for financial assistance to the battered auto industry, French industry minister Luc Chatel said ahead of a meeting on Tuesday at which aid measures

Vatican to get own YouTube channel

The Vatican will soon have its own channel on the video sharing site YouTube where the Catholic faithful or the curious will be able to see Pope Benedict or Church events, a