Royal Bank of Scotland more than halved its operating losses to 1.5 billion pounds ($2.5 billion) in the third quarter as impairments fell, but less favourable trading battered investment banking profits. Part-nationalised
Japan's Nikkei stock average rose 0.7 percent on Friday as exporters climbed after good news on U.S. jobs renewed hopes about the pace of economic recovery and as tech shares rose after
Asian stocks rose ahead of the latest U.S. payrolls report on Friday, expected to show the fewest job losses since August 2008, while oil prices recovered to $80 a barrel after a
Pavle Radonic has worked as assistant manager for Hotel Belvedere, overlooking the medieval city of Dubrovnik, for 18 years. Except for the first few months on the job, he has never welcomed
Greece's new government pledged in its 2010 draft budget on Thursday to save the country from bankruptcy by cutting the deficit while keeping electoral promises to weather the impact of the crisis
The European Central Bank kept interest rates on hold at 1.0 percent on Thursday and investors are now braced for signs that it will soon start weaning banks off cheap and abundant
European stocks were down 0.3 percent by early afternoon on Thursday, with banks and miners among the biggest losers. Yet shares trimmed their losses after both the Bank of England and the
U.S. shares were expected to fall on Thursday, after ending only marginally higher in the previous session, following the Federal Reserve's statement that it was keeping rates close to zero for an
Microsoft Corp said on Wednesday it is cutting a further 800 jobs across its operations, on top of 5,000 jobs already eliminated under a plan to reduce costs that was announced in
World stocks slid on Thursday following the Federal Reserve's decision to keep interest rates near zero for "an extended period" and ahead of policy decisions by the European Central Bank and Bank
