Asian stocks are heading for their biggest weekly gain in three months on bargain-hunting after their recent drop while the euro perked up after the central bank signalled a rate hike as
Greece's two largest airlines Olympic and Aegean will appeal against a European Union ruling that blocked their plans to merge, the carriers said on Wednesday. In January, EU regulators blocked the proposed
The United Arab Emirates, watching as Arab unrest spreads to nearby Gulf countries, will invest $1.6 bln to improve infrastructure in less developed emirates, state media said on Wednesday. The decision to
Management of Anglo-Russian oil firm TNK-BP has proposed buying a $7.6 bln stake in shareholder BP in a bid to join an offshore partnership with Rosneft, sources close to management said. Whether
British broadcaster ITV plans to restore its dividend in July after a recovery in advertising markets and improved programming helped double 2010 earnings and deliver a strong start to the new year.
Brent rose towards $116 a barrel on Wednesday on reports of Libyan government counter-attacks on rebel-held towns in the east of the country, heightening fears of a civil war in the world's
A Greek prosecutor will probe whether merger talks between the country's top lender National Bank and its smaller rival Alpha were leaked for stock market speculation, a court official said on Tuesday.
* Insurers cannot use gender to set premiums and payouts * Unisex premiums and benefits to apply from Dec. 21, 2012 * European insurance shares flat, in line with market * Ruling
Illegal betting in sport generates a turnover of around $140 billion a year worldwide, International Olympic Committee president Jacques Rogge said on Tuesday. Speaking after a meeting with government ministers, Interpol and
Brent crude oil futures rose above $113 a barrel on Tuesday as a jittery market jumped higher on a report, soon denied, of Saudi involvement in Bahrain. A Saudi Arabian official quickly
