Asian shares slid on Friday after a Republican proposal to deal with a U.S. fiscal crunch failed to get enough support, deepening uncertainty over the U.S. can avert the "fiscal cliff" of
Greek lenders Eurobank and Piraeus have both reported quarterly losses, hit by bad debt provisions and higher funding costs that squeezed net interest income. With the economy shrinking at an annualised rate
Silvio Berlusconi joined forces with his leftwing opponents on Thursday to warn Mario Monti against standing in the coming election, as uncertainty over the outgoing premier's plans stoked political tension in Italy.
Investors could have more choice in where to clear share trades and pay less for them under new rules set out by European Union regulators on Thursday. Market users would not have
A subtle shift in monetary policymaking is afoot with a new generation of central bankers, striving to secure global economic recovery, prepared to challenge the old doctrine of inflation-fighting at all costs.
European Union regulators dropped an antitrust investigation into Thomson Reuters on Thursday after the company made it easier for customers using its financial instrument codes to switch to competing services. The European
The sudden boom in U.S. oil and natural gas production could eventually lead to a shift in relations with the Middle East as the United States becomes a net exporter of energy,
– Senator calls for study of videogame violence – Multi-billion video industry declines comment – TV watchdog group praises Hollywood for pulling violent content The multi-billion-dollar videogame industry came under scrutiny
U.S. prosecutors charged two former UBS traders on Wednesday with taking part in a multi-year scheme to manipulate Libor and other benchmark interest rates, making them the first individuals to be criminally
The Maya Calendar did not predict the end of the world, according to NASA and ESA scientists who have talked to the Cyprus News Agency. They also said that there is no
