Asian stocks rose on Tuesday, boosted by signs that government efforts to push down short-term lending rates were working and comments by Federal Reserve Chairman Ben Bernanke backing more government spending to
Piraeus Bank's third-quarter profit grew 12.5 percent year-on-year, above forecasts, with the bank's chairman expecting loan growth to slow in the fourth quarter because of adverse market conditions. Kicking off the reporting
Wall Street opened higher on the first relatively calm Monday in a month amid signs banks were lending to each other again, an indication of hope the world's financial crisis may be
U.S. Federal Reserve Chairman Ben Bernanke told Congress on Monday that another wave of government spending may be needed as the economy limps through what could be an extended period of subpar
Twenty million jobs will disappear by the end of next year as a result of the impact of the financial crisis on the global economy, a United Nations agency said on Monday.
A British motorcyclist who posted footage of himself performing dangerous stunts and speeding at up to 130 mph (209 kph) on YouTube was given a 12-week jail term on Monday. Sandor Ferenci,
Banks have been encouraged to grow faster than was sustainable and the bonus system rewarding bankers has encouraged "excessive risk taking", which may have contributed to the financial crisis, the chairman of
Following are the latest measures taken by governments to limit damage from the global financial crisis: * ITALY – Italy said it was readying a new plan to guarantee the debts of
European shares rose in midday trade on Monday, rallying for a second day, as oil and utility stocks led the charge buoyed by a rise in crude prices and as several banks
Oil rose on Monday, supported by expectations OPEC may cut output this week to boost prices that have fallen more than 50 percent in just three months from a record high above
