London equities were little changed on Wednesday, with banking stocks in focus ahead of the Pre-budget report.The FTSE 100 ticked just 1 point higher to 5,224.0 after worries about the knock-on effects of Greece’s credit rating downgrade and concern
BRUSSELS - European Union staff said on Tuesday that they will strike next week for their right to pocket an inflation-busting 3.7 percent pay rise which member states say shows double standards. Employees of the European Council -- the body that r
LONDON - House prices have risen for a fifth month, jumping 1.4 percent in November from October, a key survey from home-loans provider Halifax showed on Tuesday. However the lender -- part of state-rescued Lloyds Banking Group -- predicted that pr
LONDON - Supermarket giant Tesco said on Tuesday that group sales rose by almost nine percent in its third quarter as consumer confidence improved globally. Sales revenue from goods sold, excluding petrol, climbed by 8.8 percent in the 13 weeks to
NEW YORK - Energy stocks were most higher Monday, as investors weighed the potential burden of an Environmental Protection Agency finding that declares greenhouse gases a hazard to human health and advances the push for regulation. The endangerment
US stocks edged higher in choppy trading on Monday as investors mulled the impact of last week’s surprisingly optimistic jobs report. The country’s unemployment rate dropped unexpectedly to 10 per cent on Friday but stocks initially fell as the data
BERLIN - The trade in counterfeit medicines in the European Union has exceeded the body's worst fears, the European industry commissioner said on Monday. The EU had seized 34 million fake tablets in just two months, Gunter Verheugen told German dai
Banking experts are predicting that bonuses for 2009 will be 35 per cent higher than they were last year, in spite of a fall in fees earned by investment banks. The disparity is set to inflame the widening dispute about whether City financiers are
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