Vodafone, the world's largest telecom operator by revenue, launched the sale of its 3.2% stake in China Mobile on Tuesday, sources with direct knowledge of the process told Reuters. The entire stake
Greece's bank privatisation advisers will submit by the end of this month a keenly awaited report on how the debt-laden country should restructure its ailing banking system, the finance minister said on
Google Inc will launch its service to bring the Web to TV screens in the United States this autumn and worldwide next year, its chief executive said, as it extends its reach
The European Union accused the Turkish government on Tuesday of stifling public debate on planned constitutional reforms that have provoked strong domestic opposition. The executive European Commission reiterated its support for Ankara's
President Dmitry Medvedev hired one of Russia's most prominent investment bankers as an adviser on social issues such as pensions, state benefits and wages on Tuesday, local news agencies reported. Medvedev signed
European Union finance ministers agreed on Tuesday to a sweeping overhaul of how the bloc's financial industry is policed, but remained locked in dispute over the taxation of banking and trading. Three
Australian Prime Minister Julia Gillard clung onto power on Tuesday, securing support from independent lawmakers to form a minority government after her Labor Party lost its majority at elections last month. Labor
Oil extended losses on Tuesday as the dollar strengthened and Tropical Storm Hermine showed no signs of disrupting crude or refining output around the Gulf of Mexico. U.S. crude for October tumbled
The euro fell on Tuesday from a three-week peak against the dollar hit the previous day, as rekindled worries about the European banking sector prompted investors to cut risks. The euro fell
Barclays is expected to appoint Bob Diamond as its new chief executive in a shake-up at the British lender, media reports said on Tuesday. Diamond, who heads the group's investment banking arm
