The European Commission supports Ireland's plans for its "bad bank" to pay for banks' risky commercial property loans well above their market value, Irish Finance Minister Brian Lenihan has said. Market fears
A collection of letters written by the flamboyant British poet Lord Byron to one of his closest friends was sold on Thursday for 277,250 pounds ($455,000), far above the expected price, Sotheby's
Travellers seeking a quiet place need look no further than the numerous towns around the world that have been abandoned for one reason or another. Travel review website IgoUgo.com (http:www.igougo.com) has compiled
Asian stocks bounced back on Friday from their worst drop in two months after the United States pulled out of its worst slump since the Great Depression, which suggested that momentum of
The Bank of Japan may begin withdrawing from credit markets on Friday but leave in place a key loan scheme that could relieve government pressure on it to support corporate borrowing until
British consumer confidence rose in October to its highest level since January 2008, after improvements in households' financial situation and view of the past 12 months, a monthly survey by GfK NOP
European shares climbed on Thursday, led by financials and miners, after data showed the U.S. economy grew in the third quarter for the first time in a year, unofficially ending the worst
Lloyds Banking Group Plc inched closer to plugging a capital gap of more than 20 billion pounds ($33 billion), boosting the British bank's shares on prospects a deal could happen before the
World stocks recovered from three-week lows on Thursday after U.S. gross domestic product data showed the world's biggest economy emerged from recession in the third quarter at a slightly faster pace than
The U.S. economy grew in the third quarter for the first time in a year as consumer spending and investment in new home-building rebounded, data showed on Thursday, unofficially ending the worst
