EU watchdogs show teeth over bank bonuses

European Union bank watchdogs fleshed out on Friday what amount to the world's toughest and most far-reaching curbs on bonuses, prompting a warning that financial firms are now more likely to set

Thomas Cook, Co-Op combine UK travel agents

Britain's Thomas Cook and the Co-operative Group are to merge their high street and foreign exchange business to create the country's largest retail travel network, they said on Friday. Thomas Cook, which

Bulgarian government survives no-confidence vote

The Bulgarian parliament rejected on Friday the first no-confidence motion against the year-old centre-right government, which was accused by the opposition of failing to overhaul the ailing health care sector. The minority