The Bank of Spain said there were no signs of capital flight from Spain as a result of developments in Cyprus, where euro zone ministers are demanding that depositors forfeit some of
The Lufthansa Group increased its revenue by 4.9% to EUR 30.1 bln in the past financial year. At EUR 524 mln, the Group’s operating result was down 36.1% but the net result
The bidding process for the auditing firms interested in taking part in the independent audit into Cyprus` legal framework against money laundering concludes today. According to CNA sources, the evaluation of the
Prime Minister of Luxembourg Jean Claude Juncker has said that, not only must progress be made, but a solution must be found for Cyprus at Friday`s Eurogroup meeting. Juncker said he could
Honda Motor Co Ltd will recall nearly 250,000 vehicles globally, including sedans, minivans and SUVs, due to braking problems, the automaker said on Thursday. Seven models are affected by the recall. In
A U.S.-style ban on Britain's banks trading with their own money is not needed and would be too difficult to enforce, a group of influential lawmakers said on Friday. Instead, Britain should
Federal Reserve officials will spend much of a meeting next week debating the potential risks from the central bank's stimulus plan, but Chairman Ben Bernanke has already signaled he believes the costs
Mainer Investment Limited has successfully listed its bonds on the MTF Market of the Vienna Stock Exchange with the objective of raising funds to finance ambitious investment and industrial projects in Russia.
An unnamed partner of Canada's BlackBerry has placed an order for 1 mln BlackBerry 10 smartphones, the company announced, following takeover rumours earlier in the week and that AT&T would also start
China Mobile Ltd said it plans to spend 41.7 billion yuan ($6.7 billion) developing 4G technology this year, hoping to tap pent-up demand for Apple Inc smartphones as it gets an iPhone
