U.S. Rep. Barney Frank, chairman of the House of Representatives Financial Services Committee, said on Tuesday he would introduce a bill next week to overturn a three-year-old U.S. ban on Internet gambling.
Investors looked to U.S. GDP data and the Federal Reserve later on Wednesday for signs of recovery in the world's biggest economy, but concerns that U.S. banks may need more capital dented
Daniel Bouton, the chairman of Societe Generale whose reputation was hit by a trading scandal at the bank, said on Wednesday he would resign in the wake of repeated criticism over his
President Barack Obama inherited a U.S. economy in freefall when he took office in January and his top priority is restoring it to health. While many Americans blame former President George W.
Hotel room occupancy dropped by about 20 percent in the Athens region in the first quarter of 2009, pointing to a bad year and job losses for a sector key to Greece's
Fears about a possible global flu crisis and renewed worries over the capital health of some U.S. banks combined on Tuesday to rattle economists' hopes the financial system was stabilising. The Wall
Britain's top share index lost 2.3 percent by midday on Tuesday on intensifying concerns over a swine flu outbreak and on fears of banks needing more capital. By 1045 GMT, the FTSE
World stocks and oil fell on Tuesday and investors took refuge in the yen and government bonds as a report that major U.S. banks may need more capital compounded market fears about
World stocks and oil fell for a second day on Tuesday and investors took refuge in the yen as a report that major U.S. banks may need more capital hit markets already
U.S. regulators have told Bank of America Corp and Citigroup Inc that following recent stress testing of the two banks they may need to raise more capital, the Wall Street Journal reported.
