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Europe
European banks’ legal tab exceeds $77 billion amid…
Europe’s biggest banks, led by Lloyds Banking Group Plc and Deutsche Bank AG, have racked up more than $77 billion…
Banks to repay 3.6 billion euros of crisis loans: ECB
Banks will next week return 3.59 billion euros ($4.8 billion) of crisis loans early to the European Central Bank,…
EU warns Spain and Italy over their budget plans
The European Commission, the European Union's executive arm, has warned Spain and Italy that their draft budgets…
France’s credit rating cut by S&P to AA
Standard and Poor's (S&P) has cut France's credit rating to AA from AA+.
The moves comes almost two years…
Greek Coke bottler third-quarter net falls 5 percent, as…
Coca-Cola HBC, the world's No. 2 bottler of Coca-Cola, reported a 5 percent drop in third-quarter net profit on…
Al Qaeda claim for French journalist killings…
Al Qaeda in the Islamic Maghreb's (AQIM) claim of responsibility for the killing of two French journalists in…
Britain scraps £3,000 immigration bond plan
Britain has scrapped a plan to force people from certain African and Asian countries to pay a cash bond in return…
Ryanair Predicts Full-Year Profit Drop as Competition…
Ryanair Holdings Plc (RYA), Europe’s biggest discount airline, predicted its first profit drop in five years as…
Barclays suspends currency traders
UK bank Barclays has suspended six traders as part of a probe into suggestions that currency markets could have…
Barclays reviewing currency trades
Barclays Bank has said it will review how its currency trading operated over the past several years, amid a new…
Thousands protest against austerity in Portugal, Italy
Tens of thousands of people took to the streets in Italy and Portugal on Saturday to protest against budget cuts…
ECB’s Draghi has asked to delay bank bail-in…
Mario Draghi, European Central Bank head, wrote to the European Commission last month asking that bondholders be…