Tuesday, July 29, 2014
Britain's Lloyds Banking Group is to pay 218 million pounds (US$370 million, 276 million euros) in fines to British and U.S. regulators for attempting to rig inter-bank lending rates, the bank said Monday.
Fracking will be allowed in British national parks in “exceptional circumstances,” according to government guidelines announced on Monday as new bidding for exploration licenses opens.
Sunday, July 27, 2014
Cyprus' international creditors said Friday that the country's bailout program is making good progress as fiscal targets have been comfortably met, welfare reform has moved forward and more steps have been taken to shore up the banking sector.
Moody's on Friday raised the debt rating of Portugal one notch to Ba1 and said it had a stable outlook, despite troubles at a major banking group.
Saturday, July 26, 2014
British satellite television group BSkyB said on Friday it had agreed multi-billion-dollar deals with Rupert Murdoch's media empire 21st Century Fox to create a pan-European pay-TV giant.
Friday, July 25, 2014
The unemployment rate in Spain fell sharply in the second quarter slipping beneath 25.0-percent, official data showed on Thursday in a further sign that the country is pulling away from deep economic crisis.
Monday, July 21, 2014
With freezing winters where the mercury can sink well below zero and cool summers, Finland will never be a destination of choice for the world's sun-seekers.
Friday, July 18, 2014
The number of new cars registered in Europe grew for the 10th consecutive month in June, according to industry data published Thursday, adding to evidence the embattled sector is recovering.
Thursday, July 17, 2014
A key shareholder in stricken Portuguese bank Banco Espirito Santo (BES) has failed to repay a huge debt, putting the banking group at risk of legal action, the unpaid creditor Portugal Telecom (PT) said on Wednesday.
Wednesday, July 16, 2014
Shares in Portugal's largest listed bank, Banco Espirito Santo (BES), plunged further Monday as the arrival of new directors failed to shake off worries about the bank's future.