Senior Vatican cleric arrested in money smuggling case
Monsignor Nunzio Scarano is arrested for plotting to help rich friends smuggle tens of millions of euros in cash into Italy from SwitzerlandCrisis in UK ‘worse than previously believed’
Revisions of data show Britain suffered a much deeper recession in 2008-09 than first thought and the economy remains further from recovering its pre-crisis size
Obama refuses to ‘wheel and deal’ over Snowden with China and Russia
US President Barack Obama says he will not jeopardise other interests over ‘a 29-year-old hacker’ as US seeks former spy contractor Edward Snowden’s extradition
Italy probes use of derivatives in public debt discord
Inquiry into Treasury’s use of derivatives to hedge public debt after reports the state faced potential losses of billions of euros on contracts that were restructured during eurozone debt crisis
Turkey seeks to tighten grip on Twitter after protests
Ankara asks Twitter to set up office inside country in bid to rein in microblogging site it accuses of helping stir anti-government protests
‘Bail-in’ guidelines cautiously welcomed
Analysts warn new guidelines make it harder for some weaker banks to attract funding
EU leaders finally reach deal on banks, budget
EU finance ministers finally agree on how to share the costs burden of future bank failures among investors and wealthy savers
Osborne outlines £11.5bn spending cuts by 2015
British Finance minister unveils cuts to tame country’s big public deficit, but promises to reinvest some money saved to counter criticism of excessive austerity
Portugal strike broadens unease as bond yields soar
Portugal’s fourth general strike in two years on Thursday highlights dilemma faced by government
International companies
NEWS ANALYSIS: ABB’s new CEO engineered his future to win top job
Ulrich Spiesshofer has been preparing for the job since his student days, writes Patrick Winters
HSBC may sell 70% stake in Iraq bank
Europe’s biggest bank considers selling majority stake in Iraq’s Dar Es Salaam Investment Bank following a strategic review
Lukoil ‘has no takeover offers’
Lukoil is the latest Russian oil company to face speculation it could be a target for state oil company Rosneft
Murdoch, Abu Dhabi state media group look to buy Financial Times
Rupert Murdoch, Abu Dhabi may buy Financial Times Group from Pearson for $1.2bn, to add FT and half of Economist to Murdoch’s empireMultimedia
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- Bank of Spain asks lenders to review interest rates
- Potash project in Russia pushed forward
- EU shows disapproval of Turkey crackdown by delaying entry talks
- G-20 task force to study Libor reform in wake of rate-rigging scandal
- Hutchison’s Three Ireland to pay €850m for Telefonica’s Irish unit
- Shareholders boo Bankia chairman
- Steinhoff subsidiary to buy Austrian furniture group kika-Leiner
- Putin confirms Snowden in Moscow airport’s transit area
- Berlusconi not going to prison in a hurry
- Germany proposes delay in EU membership talks with Turkey over protests
- ENRC founders make takeover bid
- SA could benefit as China and EU row over solar panels
- Diplomatic storm follows Snowden
- Lehman creditors to share £3.5bn payout
- Turkish police break up protest as PM blames Ankara’s enemies
- Snowden leaves Hong Kong, frustrating US extradition effort
- Euro bail-out fund rules fall short of ‘clear break’ between states and banks
- UK banks argue they are suitably capitalised
- Eurozone slump eases but recovery not yet on cards
- French slump eases, German economy stalls
- Banks seen at risk as Swiss bury US tax bill
- Italian court rules designers Dolce and Gabbana guilty of tax evasion
- Obama defends US monitoring tactics
| All Share | 39578.10 | 0.00% | same |
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