Britain's leading share index fell 0.7% early on Monday, led by banks as investors awaited details of a $700 billion U.S. package to rescue the sector, while firmer commodity stocks offered some
The price of texting in Europe will set at a maximum rate of 11 euro cents per message under a European Commission proposal, EU telecoms Commissioner Viviane Reding told German magazine Der
A technical glitch has forced scientists to shut down the huge particle-smashing machine built to simulate the conditions of the "Big Bang" for at least two months, they said on Saturday. The
Japan's Nomura Holdings has reached a deal to buy the Asian operations of Lehman Brothers, a source said on Monday, outbidding other banks seeking to scoop up Lehman's Asia group on the
UN Secretary-General Ban Ki-moon has warmly welcomed the start of the full-fledged negotiations aimed at a comprehensive settlement of the Cyprus problem. In a statement read out by a spokesperson after Ban
President of the Republic of Cyprus Demetris Christofias has called on the UN Secretary General Ban Ki-moon to appeal to Turkey so that the Turkish Cypriot side will become more logical during
Goldman Sachs and Morgan Stanley were granted approval on Sunday to become bank holding companies regulated by the U.S. Federal Reserve, effectively killing off the investment banking model that has dominated Wall
By Brian Rohan (Reuters) Ewa Filipiak, an economist who's been apartment-hunting in Paris for six months, has decided now is not the time to buy. "It's a good time to wait and
The world's financial institutions will face more securities write-downs combined with rising loan losses in the second half, Standard & Poor's Ratings Services said. "The overlap of these two phases may prove
Standard & Poor's Ratings Services said that it placed its 'AA-/A-1+' long- and short-term counterparty credit ratings on Lloyds TSB Group PLC (Lloyds TSB) on CreditWatch with negative implications. At the same
