The government has submitted to the European Commission its Stability Programme, which includes the basic targets to reduce the budget deficit to 6% in 2010 and below 3% by 2013. According to
The ageing of Europe may open opportunities to sell savings products, but it also spells a real threat to parts of the financial services industry. Pensions experts call it the "toxic tail".
Apple Inc sold more than 300,000 iPads on the tablet computer's first day in stores, a strong showing that roughly matched Wall Street forecasts and mirrored the iPhone's debut in 2007. Despite
Stock index futures edged lower on Tuesday after a report Greece wants to renegotiate a deal it struck for financial aid reignited concerns about the stability of the debt-ridden country. Greece's government,
European shares rose on Tuesday, led by the commodity and banking sectors as stocks reacted positively to Friday's strong U.S. jobs data, and the European market reopened after the long Easter weekend.
The euro fell against both the dollar and yen on Tuesday on renewed worries about Greek debt but European equities hit fresh 18-month highs, outperforming flat global share markets. Wall Street looked
Stronger energy stocks and miners powered Britain's top share index to a 21-month high by midsession Tuesday, as strong U.S. data over the holiday period brightened the outlook and investors shunned defensive
A combined use of securitisation and derivatives offers considerable scope for reducing the risk exposures of Islamic financial institutions (IFIs) and thus improving their overall creditworthiness, Moody's Investors Service said in a
The Australian dollar gained after the Reserve Bank of Australia (RBA) raised its cash rate on Tuesday although with many in the market already holding the currency, the hike wasn't enough to
British Prime Minister Gordon Brown was set to announce on Tuesday a May 6 parliamentary election which could bring down the curtain on 13 years of rule by his centre-left Labour Party.
