Barclays is axing at least 3,700 jobs and pruning its investment bank as its new boss put his stamp on the troubled British bank by aiming to cut 1.7 billion pounds ($2.7
The United Arab Emirates attracted about 30 billion dirhams ($8.2 billion) of direct foreign investment last year, the UAE's prime minister said on Monday. Large amounts of capital fled Egypt, Tunisia, Syria,
Catholics reacted with shock on Monday to the first papal abdication since the Middle Ages, although the mood among many was one of respect rather than the outpouring of emotion which greeted
Outgoing Prime Minister Mario Monti accused his media magnate rival Silvio Berlusconi of trying to buy votes with impossible promises on Sunday as Italy's election campaign entered its last phase. With the
The British government on Monday intensified its campaign to stop Scotland leaving the United Kingdom, publishing a legal opinion suggesting it would forfeit its membership of international bodies such as the European
With the road ahead looking a bit smoother, G20 finance ministers will be happy to ignore the wreck in the rear-view mirror when they meet this week to steer a course for
"We Are Young" by indie-pop trio FUN. won Song of the Year at the Grammy Awards on Sunday, the top award for achievement in songwriting on music's biggest night. The song was
Oil and equities dawdled on Monday near multi-month highs scaled after robust Chinese trade data last week, while the euro slipped to a two-week low as uncertainty surrounded a political scandal in
French efforts to divert Europe from economic austerity have foundered twice in a week due to German resistance, underlining a growing policy divide that is hobbling the core partnership. Berlin rejected President
* Cyprus to become innovation hub for new product development * The Shacolas Group and joint venture partner Panos Germanos of Greece, have agreed to sell the remaining 50% in MTN Cyprus
