Europe needs to take decisive action on Greece, the head of the EU's executive said on Wednesday, outlining a broad plan to contain the crisis threatening the euro as officials said banks
Greek betting monopoly OPAP has called an extraordinary shareholder meeting for Nov. 3 to seek approval for a 935 mln euro ($1.28 bln) licence deal that is part of the government's privatisation
A three-day disruption to BlackBerry services spread to North America on Wednesday, frustrating users of the Research In Motion devices just two days before rival Apple's new iPhone 4S goes on
Gulf Air has taken delivery of its first A330-200 retrofitted with Panasonic Avionics’ Global Communications Suite. The ‘Sky Hub’ offers onboard full broadband connectivity to access Internet, mobile phone services and a
* May need to raise 100 bln; 48 banks could fail stress test * Europe's banks will have to achieve a significantly stronger capital position under a quick-fire regulatory health check and
Greece sold 1.3 bln euros of six-month debt on Tuesday to help offset the cost of T-bills maturing this month, paying lenders slightly more than at a similar auction in September. Shut
* Troika says Greece slow on reforms, privatisations * EU, IMF and ECB inspectors gave tepid approval for a vital aid tranche to Greece on Tuesday, saying that despite some fiscal
A rebound in Hong Kong and Shanghai shares helped lift most Asian stocks into positive territory on Wednesday, but concerns that Europe's debt crisis has hurt confidence in the global economy and
– Greece's lenders say loan tranche likely to be paid in Nov – ECB's Trichet warns of systemic risk from debt crisis – Expectation of bigger Greek debt write-down mounts Greece should
Brent crude held near $109 on Tuesday on cautious optimism that European banks may avert a financial crisis after leaders promised a plan to resolve the region's debt woes while a strike
