Insurer AIG is set to take a $30 billion lifeline from the U.S. government and HSBC plans to raise up to $18 billion to counter a crisis that is punishing companies and
World stocks fell to nearly six-year lows on Monday and the dollar hit 3-year peaks after a a 12.5 billion pound ($17.75 billion) rights issue by HSBC and another cash injection to
HSBC, Europe's biggest bank on Monday announced a 48 percent discount rights issue to raise 12.5 billion pounds ($17.7 billion), or 12.85 billion pounds ($18.32 billion) including fees. Below are the details
The positive effects of the aggressive action taken by the U.S. Federal Reserve and governments around the world is seen rubbing off on equity markets from the second half of 2009 and
The mission of www.cyprusbusinesswomen.com aims to generate global awareness for women in business in Cyprus, promoting business opportunities, including a directory of women in business, which is free to register. The aim
World stocks slipped towards this week's 6-year low and oil tumbled on Friday while the dollar hit a three-month peak as financial shares came under pressure after news the U.S. government will
The U.S. government and Citigroup have reached a deal in which the government would substantially raise its stake in the bank, a person familiar with the matter said, offering hope of greater
Facebook Inc is asking its members to help shape its governance policies after drawing their ire for a policy change that many perceived as being overbearing and potentially compromising privacy. From now
Lloyds Banking Group said it had not finalised details of its plan to put billions of pounds of assets into a UK government-backed insurance scheme, as it unveiled a 10 billion pound
Asian shares fell on Friday, ending a tough month marked by nagging fears about the world economy and the financial system, though Tokyo stocks rose and safety plays such as the dollar
