President Barack Obama on Thursday at noon made a speech in New York to explain the White House plan to reform financial markets and give a last push for its approval, which is in the final stage in Congress.
Greece on Thursday suffered a further punishment ofrom the markets. The third upward revision of its public deficit figures in just six months. Eurostat, the Statistical Office of the European Commission,...
The International Monetary Fund (IMF) predicted Tuesday that the global economy will grow by 4.2% in 2010, more than previously expected.
The IMF on Wednesday launched its report "World Economic Outlook.
The UN Rapporteur on Human Rights and Foreign Debt, Cephas Lumina, welcomed the adoption in the UK of a law prohibiting the practice of so-called "vulture funds."
The "vulture ...
The British passenger transport services Arriva acknowledged today that it is in talks with German rail operator Deutsche Bahn on the possible terms of a recommended takeover offer in cash, confirmed today in a statement.
A group of executives from a multinational firm paid 1200 pounds (1,360 euros) for a taxi from the town of Northampton, in southern England to the Swiss city of Geneva. Like many thousands of people,...
Mothercare yesterday gave a positive update on first-quarter performance, saying UK busi-ness had shown resilience.
The maternity and baby goods retailer, which last year acquired the Early Learning Centre (ELC) in an £85 million deal,...
Markets saluted a euro zone deal on a huge standby rescue package for Greece, slashing the debt-laden country's borrowing costs and buying its stocks and bonds on Monday as fears of a near-term default evaporated.
The newspaper said the bank is this weekend finalising a deal that will see it replace the club's current lenders, provide more funds for manager Rafa Benitez to spend on players and install British ...
Euro zone finance ministers approved a giant 30-billion-euro (26.3 billion pound) emergency aid mechanism for debt-plagued Greece on Sunday but stressed Greece had not requested the plan be activated yet.
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