The US is seeking more than €7.4 billion ($10 billion) to resolve a criminal probe into allegations that the French bank evaded US sanctions against Iran, Sudan and Cuba, ... Read More
The US economy shifted into reverse in the first three months of 2014 shrinking by an annualised rate of 1%, official estimates have shown. It is the worst economic ... Read More
The Japanese government said Friday that Japan’s consumer prices rose 3.2 percent from a year earlier in April to the highest level since 1991, largely due to a sales tax ... Read More
Tesco has come into a deal with the state-run China Resources Enterprise (CRE) in order to start the largest food retailer in China. The joint venture will combine Tesco’s ... Read More
Facebook Inc. (NASDAQ:FB) has asked the European Union to review its plan to buy Internet messaging service WhatsApp. The Wall Street Journal said on Wednesday that instead of risking ... Read More
Banks will draw benefits from the European Central Bank’s direct oversight that will outweigh the extra supervisory costs they face, according to the Dutch central bank’s chief supervisory official. ... Read More
The official UK interest rate could settle at an average of 3% in a few years, the outgoing deputy governor of the Bank of England has predicted. Charlie Bean ... Read More
German business confidence declined more than economists forecast amid signs that growth in the euro area’s largest economy will slow this quarter. The Ifo institute’s business climate index, based ... Read More
Toyota Motor Corp said on Thursday it is recalling 466,000 minivans and cars globally, mostly in the United States, for possible faulty brakes and loss of a spare tire. The ... Read More
Apple’s alleged multi-million dollar deal with hip-hop mogul Dr. Dre’s (Andre Young’s) Beats Electronics “is happening,” a source told TechCruch Thursday, and the source was able to say this ... Read More
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