U.S. bank JPMorgan has bought two major office properties in London, including the former Lehman Brothers building, holding off on plans to build a skyscraper as its main European headquarters. JPMorgan bought
World stocks pared gains to trade slightly lower on Monday while the euro fell broadly on concerns over the euro zone debt crisis. Government bond prices on both sides of the Atlantic
Intesa SanPaolo has suspended financing Iranian oil trading deals, becoming the last Italian bank to bow to pressure from the United States to cut ties with the Islamic Republic, trading sources told
It provoked protests in European capitals from Athens to Brussels, hurt sales of Heineken beer and stole the spotlight at a June G20 summit in Canada. "Austerity" is now Merriam-Webster's top word
Russia's 17-year bid to join the World Trade Organisation still hinges on agreements being reached on meat imports and agricultural subsidies, Moscow's WTO negotiator Maxim Medvedkov said on Monday. Russia hopes to
British union leaders warned Prime Minister David Cameron in a meeting on Monday that sharp state spending cuts would divide society and hurt the economy. Cameron hosted union leaders for talks at
–– Flights grounded across northern Europe — Delays weigh on airline shares in key Christmas period — Heathrow seen operating at reduced capacity for days — Cargo hit in France, German carriers hit
A lack of toilets and poor hygiene practices in India cost Asia's third largest economy almost $54 bln every year, the World Bank said on Monday. Premature deaths, treatment for the sick,
The government will continue supporting shipping industry, said Friday Minister of Communication and Works Erato Kozakou – Markoullis. The Minister, who paid Friday a visit to a number of shipping companies established
The European Central Bank has expressed "serious concerns" that Ireland's bailout package could affect the institution's liquidity operations in the euro zone. In a position paper published on its website, the ECB
