LONDON - British-based emerging markets bank Standard Chartered said on Wednesday that it did not expect material charges arising from the Dubai debt crisis -- and forecast record profits this year. With regard to recent developments in the Unit
LONDON - The Bank of England is expected to keep interest rates at a record low level and maintain its credit-easing plans on Thursday after holding its last monetary policy meeting of 2009, analysts said. The bank's nine-member monetary policy com
A one-off tax on bankers' bonuses is expected to form the centrepiece of Alistair Darling's pre-Budget report - the last before the general election.The chancellor is under pressure to explain how he will meet his pledge to halve the deficit over fo
CARACAS (Reuters) - A senior minister and close confidant of Venezuelan President Hugo Chavez resigned on Sunday in a scandal that has shaken the OPEC nation's banks and triggered a purge of businessmen with ties to the government. In a move likely
PORT-AU-PRINCE, Haiti - An Italian journalist was mortally wounded by gunmen who may have tried to rob him outside a bank in Haiti's capital, Haitian media reported Sunday. Francesco Fantoli died of his wounds at a hospital run by the international
The World Bank and New Delhi are in talks about financing the international expansion of Indian Railways, one of the largest and most profitable networks in the world, to bring transport infrastructure to African countries and other developing natio
OTTAWA - The Bank of Canada is widely expected to keep its hands off interest rates on Tuesday, holding them at near zero and committing to do so until at least July, despite growing evidence the economy is kicking back to life. Fears of prolonged
Shadow chancellor George Osborne has said he would not rule out a windfall tax on bank profits if the Tories win the next election.Labour is reported to be considering a windfall tax on bank bonuses in Wednesday's pre-Budget report. Mr Osborne told