A botched Russian launch junked two multi-million dollar satellites on Tuesday that were to provide Indonesia and Russia with telecom services, adding to a series of failures that have dogged the once-pioneering
Standard Chartered Plc's shares fell as much as 20% on Tuesday after New York's top bank regulator threatened to remove its state banking license, saying the British lender hid $250 billion in
Asian shares gained on Tuesday as investors maintained the hope that Europe will take further action to tackle its debt crisis and the United States and China will adopt stimulus measures to
Asian shares rallied to a three-month high on Monday and the euro touched a one-month peak against the dollar, as stronger-than-expected U.S. jobs data and emerging optimism for European action on the
The European Central Bank (ECB) has saved Greece from bankruptcy for the time being by securing it interim financing in the form of additional emergency loans from the Bank of Greece, German
Greece has made progress in finding budget cuts needed to continue its bailout programme but not all work is done and international inspectors will return in September for a final verdict, officials
Heineken won control on Friday of the Asian brewing group which makes Tiger beer when Singapore's Fraser and Neave (F&N) agreed to sell its stake in the firm for over $4 billion.
State-controlled Royal Bank of Scotland said on Friday it has dismissed employees over an interest rate rigging scandal, but gave no indication of whether it would reach a settlement soon with investigating
Britain's top share index rose on Friday, closing in on recent three-month highs, as markets recovered their appetite for risk ahead of the U.S. non-farm payrolls release, which could open the door
Greece's central bank chief has defended the government' s decision to transfer state lender ATEbank's healthy assets to Piraeus Bank, saying ATEbank was not viable and required a capital boost to continue
