Sharp falls in banking shares, notably in France, have led stock markets lower as concerns continue about the strength of the world economy.
The US Dow Jones index ended 2.7% down, after a dismal showing in Europe, where Frankfurt's Dax fell 4% and...
Finance ministers from the G8 group of industrialised countries have pledged nearly $40bn (£25bn) to several Arab countries to help with reconstruction...
US shares staged a late recovery on Monday to post only their second positive close of the month.
Earlier, European and Asian markets fell on fears that Greece may default.
A series of news reports that Germany may be preparing for an "orderly default"...
Written By makara on Saturday, September 3, 2011 | 3:18 PM
Japan's new Prime Minister Yoshihiko Noda has unveiled his cabinet, which will be charged with rebuilding the country and boosting growth.
Japan has...
Famous US baseball team the New York Mets have ended talks with hedge fund manager David Einhorn about a possible funding of $200m (£124m) in the club.
Mr...
The London Stock Exchange (LSE) has said it is in early talks to buy Europe's last remaining independent clearing house.
LCH.Clearnet helps settle financial...
Japanese firms cut their investment in business expansion during the second quarter, indicating continued fears about Japan's economic growth.
Companies...
The EU has stepped up sanctions on Syria by banning imports of its oil, as protests again broke out against the rule of President Bashar al-Assad.
Oil...
The August number was much worse than had been expected - the predicted figure was an addition of about 70,000 new jobs.
The unemployment rate remained...
US energy services giant Halliburton is suing BP for defamation and negligent misrepresentation over the disastrous 2010 oil spill in the Gulf of Mexico.
Halliburton...
US authorities are to sue 17 major banks for losses on mortgage-backed investments that cost taxpayers tens of billions of dollars.
The Federal Housing...
Stock markets have fallen sharply as weak US jobs data added to fears of a new global economic downturn.
Wall Street was hit hard, with the Dow Jones, S&P 500, and Nasdaq indexes down more than 2%.
Earlier, European stocks closed lower as the...
Italy has received a stern warning from the head of the European Central Bank to stick to its austerity plan after it failed to pass key measures.
Jean-Claude...
News International boss James Murdoch has declined a $6m (£3.7m) bonus, citing the "current controversy" over phone hacking at the News of the World.
His...