ECONOMY

Euro crashes, shares turn red as potential next leader in Greece questions bailout pledges

Martin Baccardax May 08, 2012

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

Lianna Brinded May 08, 2012

Andrew Moss, chief executive of Aviva, had turned down a pay rise after shareholders voiced their concerns on executive pay.

Martin Baccardax May 08, 2012

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.

Lianna Brinded May 08, 2012

World's richest man Carlos Slim tries to expand his empire mobile by making a monster bid for troubled Dutch telecom KPN

Lianna Brinded May 08, 2012

UK house prices fell at their quickest pace in April, according to the Royal Institute of Chartered Surveyors.

Shane Croucher May 08, 2012

Staffing Group beats forecasts for earnings, sales amid challenging European economy

Martin Baccardax May 08, 2012

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.

Naresh Kumar May 07, 2012

Pitched against the Galaxy S3, the LG's Optimus LTE2 packs a 2GB of onboard RAM and has other special features.

Staff Reporter May 05, 2012

A tough week for Europe's markets just got worse after grim jobs data from the United States

Martin Baccardax May 04, 2012

Franco-Dutch airline is the third aviation company this week to report losses stemming from rising fuel costs

Lianna Brinded May 04, 2012

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.

Shane Croucher May 04, 2012

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.

Lianna Brinded May 04, 2012

BNP Paribas reports first quarter profit rise following its stake in Klepierre sale and a a rebound in fixed-income trading revenue.

Lianna Brinded May 04, 2012

RBS shares rise as loan repayment marks the beginning of long march to government stake sale

Martin Baccardax May 04, 2012

UK Border Force data shows continued delays as London braces for huge surge in air traffic for 2012 Olympics

Martin Baccardax May 03, 2012

Shareholders at British insurer Aviva and Trinity Mirror are the latest in a line of stockholders that vehemently oppose high executive compensation packages

Lianna Brinded May 03, 2012

The United Nations Food Price Index reports its first fall in four months, driven by dairy, sugar and cereals.

Shane Croucher May 03, 2012

AP-conducted poll shows economists forecasting US jobs recovery that will boost President Barack Obama's prospects in November's presidential race.

Lianna Brinded May 03, 2012

Mervyn King offers little insight, lots of cliché, in first peacetime radio address from a Bank of England Governor since 1939

Martin Baccardax May 03, 2012

Germany's largest airline announces a headcount cull in order to reduce costs and return to profitability, despite a rise in revenue in Q1 2012.

Lianna Brinded May 03, 2012

Spain raises €2.5bn but pays an extra 1.5 percent in interest as investor demand more protection

Martin Baccardax May 03, 2012

The former state-owned monopoly says the future is still bright, despite unveiling a decline in profits, operating margins and net clients, following tough competition from new French mobile operator Iliad.

Lianna Brinded May 03, 2012

The world's largest spirit maker reveals that emerging markets growth and a recovery in North America sales helped offset falling sales in Europe

Lianna Brinded May 03, 2012

Germany's biggest retailer hit by discounting, restructuring

Martin Baccardax May 03, 2012

Fixed income rebound helps offset broader decline in bottom line linked to asset sales, accounting charges

Martin Baccardax May 03, 2012

Brighter times lay ahead for the Swiss bank as it continues to shrug off investment banking risk management woes and reclaim investor confidence in the most successful parts of its business, after shares soar on stellar wealth management results for the second quarter in a row.

Lianna Brinded May 02, 2012

Germany showing signs of rust as rotting European economy chaffs the region's engine

Martin Baccardax May 02, 2012

Despite official estimates of a plunge in construction sector output, PMI data continues to show steady growth in sector activity.

Shane Croucher May 02, 2012