The euro zone won verbal support but no new money at a G20 summit in Cannes on Friday for its tortured efforts to overcome a sovereign debt crisis, while Italy was effectively
Royal Bank of Scotland expects difficult market conditions in the fourth quarter, with banks around the world hit by Europe's debt crisis, and the part-nationalised lender added it had taken more writedowns
Company's All-New Cinema Lens Lineup, Video Camcorders and Digital SLR Cameras to Leave No Story Untold Canon Inc. today announced Canon's full-fledged entry into the motion picture production industry with the launch
A 798 mln euro ($1.10 bln) impairment on Greek assets pushed Commerzbank to a third-quarter operating loss and forced it to abandon its target for next year, as Germany's second-largest bank struggles
Asian shares rose more than 2% and the euro steadied on Friday on hopes Greece will abandon a proposed referendum on a European Union bailout, but investors remained cautious over a confidence
If Greece decided to leave the euro, it would also have to quit the European Union, according to the terms of the EU's treaties, the European Commission said on Thursday. "The treaties
Moody's Investors Service is maintaining its negative outlook on the banking system of the United Arab Emirates because of the ongoing trends of corporate deleveraging, asset quality challenges and the subdued profitability
The leaders of Germany and France told Greece on Wednesday it would not receive another cent in European aid until it decides whether it wants to stay in the euro zone. They
Asian shares, the euro, commodities and the Australian dollar all fell on Thursday as fears that Europe's debt crisis could unleash financial chaos prompted investors to shed riskier assets in favour of
France's biggest listed bank BNP Paribas reported a 72% slide in quarterly earnings on Thursday after booking a bigger-than-expected 2 billion euro ($2.8 billion) charge on Greek debt and sold billions in
