European Union leaders will approve tighter bank supervision rules at a summit starting on Thursday, a day after President Barack Obama unveiled a sweeping reform of U.S. financial supervision. EU leaders will
British part-nationalised lender Royal Bank of Scotland said former chief executive Fred Goodin had agreed to more than halve his widely criticised 703,000 pound pension award. Goodwin will now receive an annual
European companies must refinance a $3.9 trillion debt mountain over the next three years, casting a dark cloud over the tentative signs of economic recovery in the region, Standard & Poor's said
World stocks fell towards the previous day's three-week low and oil also slipped on Thursday after investors turned nervous in pushing risky assets further before seeing concrete signs of an economic recovery.
European stocks were down 0.5 percent in early trade on Thursday, falling for the fifth session in a row led by energy stocks, in spite of steady oil prices, but the drop
The Swiss central bank called on Thursday for powers to break up banks deemed "too big to fail", joining London and Washington in demanding regulation to ensure institutions look after themselves in
Dow Jones futures rose 0.1 percent and S&P 500 futures also rose 0.1 percent while Nasdaq futures fell 0.2 percent by 0913 GMT, suggesting a mixed start for U.S. stock markets on
MIG Aviation 3 Limited, a subsidiary of Marfin Investment Group Holdings S.A. of Greece, has signed a firm order for eight Q400 aircraft from Canada’s Bombardier Aerospace, including five Q400 NextGen turboprops.
World stocks stabilised on Thursday near a three-week low hit a day earlier after investors turned nervous in pushing risky assets further before seeing concrete signs of an economic recovery. Concerns over
U.S. consumer prices rose slightly in May, but over the past 12 months prices registered the biggest drop in nearly 60 years, allaying fears that inflation could threaten prospects for economic recovery.
