The world's main central banks have launched concerted action to tackle dollar funding problems in Europe, sending banks' share prices sharply higher across the continent.
Britain's banks face some of the world's toughest regulations under reforms outlined on Monday, which require them to insulate their retail lending activities and store up billions in extra capital at a cost of up to 7 billion pounds ($11 billion).
Obama confronts jobs "crisis" with $447 billion plan
President Barack Obama challenged Congress on Thursday to enact a $447 billion package of tax cuts and new spending to revive a stalled job market but he faces an uphill fight to win over Republicans and restore public faith in his economic stewardship.
Iran's first nuclear power plant has finally begun to provide electricity to the national grid, official media reported on Sunday, a long-delayed milestone in the nuclear ambitions of a country the West fears is covertly try to develop atomic bombs.
In early October Paris Fashion Week will occupy some of the fashion industry's biggest players, but for Tajik designers another event in the city takes precedence.
Eric Schmidt, Google's chairman, has accused Britain of squandering its history of innovation in media and technology, in an address to television industry leaders in Edinburgh.
Short-selling bans on selected European bank stocks have been extended by regulators until the end of September in an unprecedented degree of regulatory co-ordination.
Some of France's wealthiest individuals, including the L'Oréal heiress Liliane Bettencourt, have called for a tax on the rich in a gesture of national solidarity as the government prepares to announce swingeing cuts to bring public finances under control.
Rich families around the world face a choice between surrendering privacy around their investments and significant legal risk as a consequence of new US rules designed to improve hedge fund transparency.
Republican presidential candidate Rick Perry Wednesday called for more transparency from the Federal Reserve to show that the central bank was not engaging in unspecified "improper" actions.
Further popularized and legitimized by the Arab Spring, Al-Jazeera English has incrementally expanded its presence in the U.S. broadcast market, and Sunday revealed its biggest move to date.
SITTING in the office of an Indian boss when the Reserve Bank of India (RBI) raises interest rates with an unexpectedly aggressive jerk, things get a little tense.
Baroness Buscombe is to step down as chairman of the Press Complaints Commission, a role in which she has been heavily criticised for failing to deal with the phone hacking scandal.
