Greece's bank support fund has told Greek banks eyeing Credit Agricole's Emporiki unit it will approve a sale only if the struggling Greek lender is fully recapitalised and funded before it is
The European Central Bank will gear up to buy Italian and Spanish bonds on the open market but would only act after euro zone governments have activated bailout funds to do the
World No.2 sporting goods maker Adidas said that a summer of sport was boosting demand for its three-stripe products, helping it stay a step ahead of rivals and avoid the worst of
A Greek prosecutor has filed charges against investment bank Morgan Stanley for violating securities laws while acting as an adviser in a Greek bank takeover bid, court sources said on Thursday. The
Asian shares fell while the euro and commodities inched higher on Thursday as investors hope the European Central Bank will take policy action later in the day after the U.S. Federal Reserve
The head of the International Monetary Fund on Wednesday vowed the global lender will stand by troubled Greece and said uncertainty over the future of the euro zone was clouding the outlook
More than half of Germans are pessimistic about the economy but support for Chancellor Angela Merkel's conservatives is holding firm, thanks partly to their tough stance on the euro zone, according to
Diana Containerships Inc reported a second-quarter profit, helped by an increase in the total number of vessels, and the Greece-based company said it signed a time-charter contract. The company entered into the
Britons are taking more prescription drugs than ever but the state health service is paying less for them – cheering news for taxpayers, if not for drugmakers. The trend reflects an increased
European shares were steady around midday on Wednesday as investors waited to see if policymakers would back up pledges to support the euro zone with decisive measures such as buying bonds of
