Part-nationalised lender Royal Bank of Scotland fell to a small first-quarter loss after bad debts quadrupled and it took another 2.1 billion pound ($3.2 billion) writedown on risky assets. Britain's second biggest
Asian shares dipped and the safe-yen haven yen edged up on Friday in a muted reaction to U.S. bank stress results that provided no real surprises, with investors turning cautious ahead of
U.S. regulators told top banks on Thursday to raise $74.6 billion to build a capital cushion officials hope will restore faith in financial firms and set a course out of the deepest
European equities turned negative in afternoon trade on Thursday, tracking a fall in U.S. stocks, with weaker drugmakers and insurers weighing on the market. By 1427 GMT, the pan-European FTSEurofirst 300 index
European Central Bank President Jean-Claude Trichet said the euro-zone economy was showing tentative signs of stabilising at a very low level, after the ECB cut interest rates to a new record low
The European Central Bank cut its main interest rate on Thursday to 1.0 percent, and financial markets are now focused on any alternative policy measures the ECB reveals to get the euro
World stocks rose more than one percent on Thursday to their highest levels this year as investors bet on a stabilisation of the ailing world banking system, battered emerging markets and the
Greek bottler Coca-Cola Hellenic posted a larger-than-expected 93 percent drop in first-quarter profit on Thursday but its CEO said cost savings and lower input prices should help support profits through the rest
The Bank of England left interest rates at a record low 0.5 percent for a second month running on Thursday and said it would increase the size of its asset purchase programme
The European Central Bank was set to cut interest rates to a record low of 1.0 percent on Thursday, giving shares another reason to rise after the U.S. treasury secretary indicated the
