Cyprus Crisis: Parliament Wrangles over Bailout [VIDEO]
Lawmakers scrambling to agree a bailout deal ahead of European Central Bank deadline on financing.
Mar 22, 2013
BP Plans $8bn Share Buyback Following TNK-BP Sale
BP will buy $8bn worth of shares and keep $4.4bn in reserve following the formal sale of half of its Russian joint venture to Rosneft
Mar 22, 2013
Eurozone Economic Data Shows Steeper Declines in March
Markit's Composite PMI reading slips further to 46.5 as Germany's manufacturing sector surprisingly stalls
Mar 21, 2013
Cyprus Crisis: ECB Sets Monday Deadline for Bailout Deal [VIDEO]
ECB's governing council will pull emergency funding programme on 25 March unless Cyprus reaches deal with EU and IMF.
Mar 21, 2013
Osborne's Budget 2013: Winning the Battle, Losing the War [VIDEO]
Chancellor may have wrong-footed Opposition for the moment but his 'pay our own way' will not save him in the long run.
Mar 20, 2013
Cyprus Crisis: Focus Switches to ECB As Emergency Lending Scheme Questioned
ECB's Joerg Asmussen says Emergency Liquidity Agreement at risk if Cyprus can't produce alternative bailout plan
Mar 20, 2013
German Investor Sentiment Hits 3-year High in March
ZEW's key investor and analyst expectations index rises to 48.5 amid political turmoil in Italy and banking crisis in Cyprus
Mar 19, 2013
Cyprus Crisis: Stock Exchange, Banks Closed as Parliament Debates Depositor Tax
Eurogroup statement puts ball in President Nicos Anastasiades' court ahead of key vote.
Mar 19, 2013
Sainsburys Shrugs off Horsemeat Scandal with Solid Fourth Quarter Sales
Britain's No 4 retailer is only major grocery chain to gain market share amid tainted meat scandal.
Mar 19, 2013
Cyprus Delays Depositor Tax Vote Amid Last-Minute Talks [VIDEO]
President Nicos Anastasiades under pressure to re-work terms of €10bn bailout in order to win parliamentary vote and avert banking sector collapse.
Mar 18, 2013
Cyprus' Lawmakers Plan Depositor Tax Debate As Markets Tumble
Eurozone rescue package for Cyprus calls for unprecedented €5.8bn levy on savers.
Mar 18, 2013
JPMorgan's 'London Whale' Boss to Testify As Senate Report Highlights Unheeded Warnings
Emails show Bruno Iksil, the so-called "London Whale", grew concerned with management's efforts to stem losses at the chief investment office
Mar 15, 2013
Sterling Surge Before Mervyn King Interview Raises Insider Trading Questions
Pound sees biggest jump since July before broadcast of ITV interview with Bank of England governor that warns recent fall has gone too far.
Mar 15, 2013
William Morrison's Profits Fall After 'Disappointing' Christmas Sales
Retailer in technology and licensing talks with Ocado on plans to launch online offering in 2014.
Mar 14, 2013
BA Parent International Airlines Group Reaches Labour Deal with Iberia
Agreement should prevent further strikes at Spanish carrier but will cost more than 3,000 jobs.
Mar 13, 2013
Ireland Raises €5bn in First Benchmark Bond Sale Since 2010 Bailout
Sale attracts €13bn and could mark crucial stage in efforts to exit EU/IMF bailout.
Mar 13, 2013
European Shares Extend Losses After Factory Data, Italy Bond Sale
Benchmark indices fall again on grim factory output data and higher Italian borrowing costs.
Mar 13, 2013
Eurozone Industrial Output Falls More Than Expected in January
Data following disappointing reading from Britain as severe weather takes its toll on factory output
Mar 13, 2013
G4S Profits Rise Despite London Olympics Failures
World's largest security firm lifts full-year dividend and issues bullish outlook for 2013.
Mar 13, 2013
Britain Flirts With 'Triple-Dip' Recession After Grisly Manufacturing Data
Sterling slumps and Gilts rally as pressure mounts on Osborne ahead of next week's Budget Statement.
Mar 12, 2013
UK Trade Deficit Narrows as Manufacturing Activity Falls in January - ONS
Britain's "oil deficit" falls to lowest level since 2008 as imports slow but manufacturing data disappoints.
Mar 12, 2013
Lloyds Nets £400m From St James's Place Sale
Bank shifts 20 percent of wealth management business in trim of non-core operations.
Mar 12, 2013
Italy's Recession Deepens as Fitch Downgrade Pressures Debt Sales
Italian Treasury faces stern test to raise €9bn after surprise GDP revision and Fitch downgrade.
Mar 11, 2013
Britain's Fiscal Watchdog Raps David Cameron's Austerity Claims
PM assertion that tax increases and spending cuts have not hurt growth are wrong, says the Office for Budget Responsibility.
Mar 08, 2013
Global Stocks Hit Post-Lehman Peak as Investors Become Central Bank Bulls
Investors bet on deeper central bank support in face of tepid data and rising political risks.
Mar 08, 2013
ECB Lowers Growth Forecast But Has No Plans To Act on Italian Market Turmoil
ECB President Mario Draghi says rules won't allow Bank to act unless formal request made by Italian government to both the European Union and the International Monetary Fund
Mar 07, 2013
ECB Leaves Key Rates On Hold Amid Italian Election Concerns
Investors keen to hear of ECB stance on Italy as political stalemate heads towards a third week.
Mar 07, 2013
Bank Of England Holds Key Rate Unchanged at Record Low
Sterling rises and gilts fall after Bank makes no change to £375bn asset purchase programme
Mar 07, 2013
Sterling Falls Sharply Ahead of Key Bank of England Rate Decision
The Financial Times says Chancellor Osborne may be preparing extra powers for incoming BoE Governor Mark Carney to revive economic growth.
Mar 07, 2013
Aviva Shares Plunge After It Slashes Dividend and Freezes Executive Pay Amid Profit Slump
Britain's second-biggest insurance group says dividend cut will free-up cash to reduce debts.
Mar 07, 2013
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