European stocks eked out a small gain by midday on Monday, as drugmakers rose, but Royal Bank of Scotland slumped more than 40 percent after posting the biggest loss in British corporate
Nearterm prospects for the UK economy remain grim and it will be a long route back to sustainable economic prosperity, according to an analysis by Citigroup. The UK government announced a range
World stocks rose on Monday while government bonds fell after Britain launched a multi-billion rescue plan for its troubled banks and the incoming U.S. administration planned more measures to help the economy.
Citigroup said on Monday it is still committed to its Japanese brokerage and asset management units, denying media reports that the U.S. bank is actively looking to unload a major part of
France could take stakes in carmakers in exchange for financial assistance to the battered auto industry, French industry minister Luc Chatel said ahead of a meeting on Tuesday at which aid measures
The Vatican will soon have its own channel on the video sharing site YouTube where the Catholic faithful or the curious will be able to see Pope Benedict or Church events, a
The liquid crystal display (LCD) industry has hit a bottom and TV panel prices are expected to recover in coming months on solid demand for small-sized flat screen TVs, the head of
Pancreatic cancer experts say they are puzzled by what is ailing Apple Inc Chief Executive Steve Jobs, because it is not clear how serious his health problems are or how directly they
Royal Bank of Scotland said it made a loss of over 20 billion pounds ($30 billion) last year, the biggest loss in British corporate history, including a huge goodwill hit on its
Asian stocks pushed higher on Monday and the dollar lost ground as investors looked for U.S. President-elect Barack Obama to quickly roll out hefty economic stimulus spending and a revived plan to
