BNP Paribas <BNPP.PA> took control of the Belgian and Luxembourg businesses of troubled financial group Fortis <FOR.BR> on Sunday in a complex rescue that will make Belgium the French bank's biggest shareholder.
Three more European governments offered blanket bank deposit guarantees before shell-shocked markets open on Monday, as regulators from Washington to Seoul scrambled to contain the deepest financial crisis in 80 years. For
Asian stocks fell 4% on Monday and the yen surged to a 2-year high against the euro as investors doubted the scattered European response to the financial crisis and the $700 bln
British bank savings of up to 50,000 pounds will be guaranteed by the government from next week and the sum could be further increased as regulators battle to restore confidence in the
The UK economy is likely headed into a recession. 67% of economists now believe the UK will go into recession within the next year and this number has been rising. At 9.5x
Skype, eBay Inc's Web communications unit, said on Thursday that TOM Online Inc, majority owners of Skype's Chinese venture TOM-Skype, had been monitoring and storing some of its users' text messages without
Nokia, the world's top mobile phone maker, launched its free music package on Thursday, issuing a challenge to Apple Inc's dominance of the digital music market. The Finnish company also launched its
Europe's top banker pressed the U.S. Congress to approve a $700 billion bailout of the U.S. financial industry on Friday and urged European states to unite in tackling a crisis now shaking
Britain's top share index fell 0.4 percent early on Friday as worries about the financial system persisted and investors also proved reluctant to take positions ahead of key U.S. jobs data due
Asian stocks fell and gold prices rose on Friday on fears a $700 billion financial rescue bill still needing final U.S. congressional approval may not be enough to keep the global economy
