Ireland is set to reveal up to a 25 billion euro hole in its banks' capital and a radical restructuring of the sector as it releases stress test results on Thursday in
European shares slipped on Thursday as investors traded cautiously ahead of the Irish bank stress tests results, with banking stocks reversing earlier gains, while H&M fell after earnings missed forecasts. By 0928
A new technology that allows hydrogen to be stored in a cheap and practical way, could make its widespread use as a carbon-free alternative to petrol a reality, according to its developers.
France wants to host a meeting of G20 nuclear industry officials in May to set out new global standards in the wake of the disaster in Japan, President Nicolas Sarkozy said on
Inconsistency in exchange rate policies is the most important problem in the international monetary system, with some countries running tightly managed currency regimes that harm the global economy, U.S. Treasury Secretary Timothy
China pushed back on Thursday against pressure from Paris and Washington for swift reform of a global monetary system that French President Nicolas Sarkozy said is so unstable that it could tip
The FTSE 100 closed higher for a sixth consecutive session on Wednesday, its best run since August 2010, as investors ditched retailers over earnings worries in favour of growth sectors such as
Part-nationalised British bank Lloyds gave its new chief executive Antonio Horta-Osorio a long-term pay deal potentially worth some 10 mln pounds ($16 mln), according to its annual report. Horta-Osorio, who joined Lloyds
Greece's ATEbank, the only Greek lender to fail EU-wide bank stress tests last year, said on Wednesday it was planning a 1.26 bln euro ($1.77 bln) share capital increase to bolster its
Greece could use some proceeds from its state divestments programme to buy back outstanding bonds in the market and retire some of its debt, the country's finance minister said on Wednesday. Greece,
