The British government has asked the media regulator to consider whether undertakings provided by News Corp to secure a buy out of BSkyB are still credible in light of a phone hacking
European shares fell early on Monday, with Italian banks extending falls from Friday on intensified worries that Italy could be dragged into the euro zone crisis. At 0709 GMT, the FTSEurofirst 300
Asian stocks dropped on Monday as a spate of weak economic data from China and the U.S. renewed concerns about the health of the global economy although sharp declines look unlikely before
After months of effort, President Barack Obama and congressional Republicans are right back where they started as they try to avert a looming debt default: arguing over taxes. With a "grand bargain"
The International Monetary Fund is confident that it will be able to stabilise the situation in Greece, a senior IMF official said on Sunday. "We are confident," said Min Zhu, special advisor
European Council President Herman Van Rompuy has called an emergency meeting of top officials dealing with the euro zone debt crisis for Monday morning, reflecting concern that the crisis could spread to
Greece's finance ministry will step up efforts to collect part of about 41 bln euros ($58.5 bln) in unpaid taxes and penalties as it scrambles to boost revenues and shrink the budget
Greece will auction 1.25 bln euros ($1.78 billion) of six-month T-bills on Tuesday, July 12 to refinance maturing short-term debt, its debt agency PDMA said on Friday. Monthly T-bill sales are Greece's
All German banks stress-tested by European regulators are certain they will get the green light, although some lenders will just scrape through, sources close to banks and watchdogs said on Friday. "There
* Results of stress tests to be published July 15 European governments are ready to bail out those banks which cannot raise capital from investors after the EU details on July 15
