Spanish shares slumped and its benchmark borrowing costs spiked as investors switched focus to yet another indebted European economy as the region's financial crisis intensifies.
Britain's biggest insurer Prudential has reported a solid 9 percent sales growth in the first quarter, underpinned by a booming Asian business and despite a declining UK market.
Europe's biggest insurance group plans China listing, sees solid 2012 profit growth
Sainsbury, the third biggest supermarket in the UK, said profit grew 7.1 percent across the year in its preliminary annual results.
Germany's number two bank says it has raised more than €5bn in capital this year
World's fourth largest brewer hit by 200 percent rise in Russian beer taxes
Euro crashes, shares turn red as potential next leader in Greece questions bailout pledges
After Andrew Moss stepped down as CEO of UK insurer Aviva, IBTimes UK asks why they didn't grant him a pay rise in light of recent excellent results
Credit Suisse raised IHG's full-year 2013 profit earnings per share by 7 percent and observes scope for 32 percent improvement to 2014 consensus estimates, provided sustained trading momentum.
Andrew Moss, chief executive of Aviva, had turned down a pay rise after shareholders voiced their concerns on executive pay.
Latest report reveals that a majority of airlines only implement hedging procedures for 21% – 40% of its total fuel for a year, in a bid to guard against rising oil prices.
Europe's biggest bank surprises with solid earnings, takes $2.6bn debt charge
World's richest man Carlos Slim tries to expand his empire mobile by making a monster bid for troubled Dutch telecom KPN
easyJet Plc, Europe's second-largest low-cost carrier, in its pre-close trading statement said at constant currency basis it expects total revenue per seat for the first half will be better than expected at a little over 10 percent
UK house prices fell at their quickest pace in April, according to the Royal Institute of Chartered Surveyors.
Staffing Group beats forecasts for earnings, sales amid challenging European economy
Aviva, Britain’s second largest insurance company, is now looking for a new boss, just days after its shareholders staged a revolt at last week’s Annual General Meeting.
The Bank of England (BoE) is expected to take a call on whether to extend its £325 billion quantitative easing to support the economy when it meets this week, as it cannot ignore Britain's above-target inflation even though official data shows the country is back into recession.
South African space tourism company, Orbital Horizon has charged Virgin Galactic of misleading the public by stating that it was the first agent in the country to offer outer space flights.
Galaxy S3's amorphous and non-linear design truly hints at some legal restrictions from Apple's patented designs. Did Samsung's legal team makeup the Galaxy S3's design?
Pitched against the Galaxy S3, the LG's Optimus LTE2 packs a 2GB of onboard RAM and has other special features.
Although, the Victory Packs for the allied goal - kill 1 million Phantoms - were successfully availed, several players hit a snag while redeeming personal Commendation Packs. Some won multiple rewards but could only redeem one, which mislead the gamers into assuming the Online Pass was missing.
Mass Effect 3 fans disappointed with the controversial revelation of Tali's face, release beautiful concept art portraying a true Quarian.
A tough week for Europe's markets just got worse after grim jobs data from the United States
Franco-Dutch airline is the third aviation company this week to report losses stemming from rising fuel costs
A house price index from Halifax shows UK house prices as dropping 2.4 percent after surging demand ahead of the end of a stamp duty holiday pushed them up.
Shares in HMV rocket, despite the UK retailer posting a decline in profits and sales, after the group pledges a return to profit for 2012 and 2013.
HSBC Holdings Plc generated a return on shareholders' equity of 10.9 percent during 2011 and it expects that by the end of 2012 it will develop a clear route towards meeting its target of 12-15 percent by the end of 2013.
John Lewis, the employee-owned co-operative, has reported significant sales growth for the week ending 28 April.
The Royal Bank of Scotland has confirmed it will repay to the treasury, the last of the £163bn in emergency loans it received from the US and UK governments. This prompted RBS CEO Stephen Hester to say, the bank was now on the road to recovery.
