European shares slipped in early trade on Thursday, giving back a little of the strong gains in the previous session and as the market seeks further guidance from policymakers about their plans
Top central banks around the world on Wednesday announced steps to prevent a credit crunch among banks in Europe that are struggling with the region's debt crisis, boosting global share prices and
The former chief executive of disgraced Olympus Corp, Michael Woodford, launched a campaign on Thursday to oust the board of directors, reclaim his old job and bring in his own team to
The debt crisis in Europe is now fully systemic and will require a systemic response to resolve it, the president of European Council, which represents EU member states, said on Wednesday. "The
* Bad loan provisions up 32% y/y * Results exclude hit from bond-swap * No plan to sell control of Finansbank National Bank, Greece's largest lender, posted a smaller-than-expected loss in the
Alpha and Eurobank reported nine-month losses on Monday due to impairments from a bond swap agreed in July and said they would adjust their capital raising plans after a new debt exchange
Greece's dominant power utility, the Public Power Company (PPC/DEH), posted its first quarterly loss in almost two years, paying the price for a recession and for having become the tax collection vehicle
Deutsche Telekom's Greek unit OTE said it is in talks to sell its minority stake in Serbia's former monopoly Telekom Srbija back to the country's government. If completed, the sale of the
Greece's bank deposit outflows reached 13-14 billion euros in the September-October period, the country's central bank chief said on Tuesday, an annual jump of about 17 percent in October. "In September and
Italy's borrowing costs hit fresh euro-lifetime highs above 7 percent at debt auctions on Tuesday, levels which if sustained would make financing its huge public debt unaffordable, in a further sign that
