Greek Rescue to Go Ahead As Bond Buyback Hits Target
Buyback cuts Greece's €63bn debt owned by private investors by a half.
Bundesbank Slashes Germany's 2013 Growth Forecast
Bundesbank lowers Germany's 2013 growth rate by more than one percentage point to 0.4 percent.
Judge Suggests Apple-Samsung Global Settlement and Samsung Hints Willingness
US District Court Judge Lucy Koh says it is time for ‘global peace’.
Chinese Insurer PICC Surges on Hong Kong Trading Debut
Investors who missed out on oversubscribed IPO grab PICC shares.
Mulberry Half-Year Profit Plummets on Quality Improvement and Global Expansion
Despite increase in revenue, Mulberry reports a 36% fall in pre-tax profit due to higher operating costs that cut profit margin.
Profit Growth Hit As Standard Chartered Expects $330m Payment on Iran Settlement
Payment to settle claims that bank violated US curbs on Iran.
HSBC in $1.8bn ‘Deal’ to Settle Money Laundering Cases
HSBC said to be in talks with US law-enforcement agencies over money-laundering claims.
Greece the Most Corrupt Nation in Europe - Transparency International
Transparency International's Corruption Perceptions Index places Greece 94th, below Bulgaria and Romania and the bottom spot in EU.
Tesco Set for £1bn US Retreat As Fresh & Easy CEO Tim Mason Steps Down
Tesco shares leap after launch of 'strategic review' of loss-making Fresh & Easy retail chain.
Australia's Economic Growth Eases on China Slow Down and Spending Cuts
The country's economic growth slows on a sequential as well as year-over-year basis in the third quarter contributed by government spending cuts and lower demand from China.
HP Files Lawsuit Against Taiwanese LCD-Screen Makers Alleging Price Fixing
Company is seeking treble damages
Jean-Claude Juncker to Step Down as Eurogroup Head
Juncker to quit the position "at the end of this year, or the beginning of next year."
House Rent Growth to Slow Down as Landlords Consider Tenants' Affordability
House rents are expected to go up in 2013 though the average rate of growth has eased about two percent from the 4.5 percent growth rate recorded for the past three years, says Rightmove.
Delta Eyes Virgin Atlantic Stake for Increased Access to Heathrow
Delta Air is said to be bidding for 49% stake as it looks to expand presence in lucrative airport.
Osborne Calls on Britain to Make More Sacrifices
Britain must wait longer than expected to achieve its deficit-reduction goals, says Chancellor George Osborne.
Moody's Downgrades Eurozone Rescue Funds After France Loses AAA Rating
Moody's cites high correlation in credit risk among the entities' supporters as the reason for the downgrade.
Mexican Court Orders Yahoo! to Pay $2.7bn Damages
A Mexican court has ordered Yahoo! to pay $2.7bn in damages for breach of contract related to yellow pages listing service.
India's Economic Growth Falls to Three-Year Low at 5.3%
India's GDP grows 5.3 percent during the July to September quarter, down from the 5.5 percent growth in the previous quarter.
Hitachi and Mitsubishi Heavy Merge Thermal Power Businesses to Tap Growing Asian Demand
Hitachi and Mitsubishi Heavy agree to form a joint venture that will integrate their thermal power generation businesses.
South Korea's Industrial Production Rises in October as Exports Improve
Production in the mining, manufacturing, gas and electricity industries rises 0.6 percent in October.
CBI Proposes Use of Windfall Money to Drive UK's Near-Term Growth
CBI wants £1.5bn earmarked for short-term, high-impact measures, as the economy awaits Chancellor's autumn statement.
Rio Tinto Aims at $7bn in Cuts and Savings over Commodity Demand Fall
Rio Tinto announces cost-cutting initiatives to cope with decline in global demand and lower commodity prices.
Thomas Cook Shares Surge on Recovery Prospects Despite Annual Loss
Thomas Cook claims it's winter bookings cross committed capacity in all markets at better prices.
US Refrains from Branding China 'Currency Manipulator'
US Treasury stops short of provocative label despite existence of disparities in currency values.
Microsoft Sells 40 Million Windows 8 Licenses in First Month of Launch
Windows 8 is likely to outperform Windows 7 in terms of initial sales figures.
Cyber Monday US Online Spending Expects to be the Highest Ever
Cyber Monday sales expect to cross previous records as online shoppers are lured by better discounts by e-commerce companies.
Row Intensifies as French Minister Threatens to Kick Out ArcelorMittal
French minister Arnaud Montebourg accuses ArcelorMittal of breaking promises.
Greece Wins Bailout Fund as Lenders Agree on Debt Reduction and Fresh Loans
The eurozone finance ministers and the IMF agree on a €40bn debt reduction and about €43.7bn fresh loans for Greece, despite conflicting views.
FSA Imposes £29.7m Fine on UBS over Adoboli Rogue Trading Scandal
FSA identifies systems and controls failings after investigation into Adoboli scandal and fines bank.
Qatar Offloads Remaining Barclays Warrants
Qatar Holding monetised its remaing warrants in Barclays as the bank faces investigations by FSA and SFO into transactions dating back to 2008.
