Sterling rose to its highest in 19 months against the euro on Monday and was poised for more gains as concerns grew about debt problems in Spain, prompting investors to seek alternatives
Author J.K. Rowling is working on a Harry Potter encyclopedia, and will donate the royalties to charity, she has said on her website. Four years ago the British writer took an independent
Iran's currency and stock market have experienced a small but much needed boost after nuclear talks between Iran and major world powers on Saturday that both sides described as positive and constructive.
Spain's central government may impose budget curbs on regional authorities as soon as next month in return for extending them credit lines, a government source said on Monday, an effort to placate
Citigroup Inc's first-quarter profit beat Wall Street estimates as expenses fell 7% from the 2011 fourth quarter. The New York-based lender said earnings per share, excluding the impact of certain accounting adjustments
India's headline inflation eased marginally in March helped by a softening in prices of manufactured goods, reinforcing expectations the central bank will cut interest rate for the first time in three years
Spain's debt yields broke above 6% on Monday as investors worried about its budget, knocking the euro and sending safe-haven German bonds to a record last set at the height of the
Asian shares and the euro fell on Monday as a surge in Spanish government bond yields renewed concerns about Europe's sovereign debt crisis and undermined investor appetite for riskier assets. China's yuan
Asian shares pared early gains on Friday after China's first-quarter growth was slower than expected, clouding the outlook for demand, but a better-than-expected outcome for Italy's sovereign debt sale helped investors retain
International Airline Group's British Airways said proposals it has presented to trade unions on the integration of UK regional airline bmi into its Heathrow operations could result in up to 1,200 redundancies.
