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All eyes on D.Boerse as latest exchange merger fails

The London Stock Exchange's aborted bid for Canada's TMX Group has raised the tally of failed cross-border exchange deals to three in four as the sector faces an uphill battle to secure longed-for consolidation.
Saudi Prince Sattam Bin Abdul Aziz (R) and Prince Turki Al Faisal leave Imam Turki bin Abdullah mosque in Riyadh

Saudi Arabia Will Build Nuclear Weapons If Iran Does: Prince

Prince Turki al-Faisal, a senior diplomat and scion of the ruling Saudi royal family, told senior NATO officials that Riyadh would not stand idle in the event that Tehran developed nuclear arms, according to a report in the Guardian newspaper of Britain
Anja Rubik

Victoria's Secret Supermodel Anja Rubik: World's Most In-Demand Model

Gisele Bundchen currently holds the title of Forbes Most Powerful Model, raking in over $250 million this decade. However, Gisele may have a worthy opponent - Poland born model Anja Rubik. Anja now holds the title of Most in - demand model of the fashion industry, based on a poll that factored models' visibility in campaigns, Google searches and Twitter followers. Rubik's appeal is self-explantory once you see her in photographs.Rubik is currently the face of Fendi,...
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HSBC adds to sweeping bank job cuts in Europe

HSBC Holdings Plc is poised to chop about 700 jobs in its UK retail bank arm, as staff cuts begin in earnest at banks across Europe battling a limp economic recovery, trading woes and tougher regulation.
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Massive Public Sector Strike Waged in UK

A 24-hour strike has stalled schools and business in the UK as union workers fight against pension cuts. Our members are faced with everything they have ever worked for being taken away from them, Public and Commercial Services Union spokesman Richard Simcox told IBTimes.
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Investors stay cautious as H2 starts: Reuters poll

LONDON - Investors have become a little more upbeat heading into the second half of the year, lifting stock allocations from 2011 lows but remaining cautious with plenty of safe-haven cash and bonds.
Pedestrians pass the head office of Lloyds Banking Group in central London

Lloyds Bank Cuts 15,000 More Jobs

Lloyds Banking Group plc (NYSE: LYG) said it will slash 15,000 more jobs – about 14 percent of its current workforce -- in an attempt to save about £1.5-billion ($2.4-billion) by 2014 and return the British lender to profitability.
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HMV to refocus on gadgets as profits slump

British retailer HMV Group Plc aims to ramp up sales of MP3 players, headphones and tablet computers to offset sliding demand for CDs and DVDs and inspire a recovery from near collapse.
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Futures point higher after 3-day rally

Stock index futures pointed to a fourth day of gains for Wall Street on Thursday, the day the Federal Reserve ends its QE2 bond buying program, as optimism that Greece's debt problems are getting resolved helped lift equities from their recent lows.
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Lloyds to cut 15,000 jobs in strategy revamp

Lloyds unveiled plans to cut 15,000 jobs, reduce costs and sell assets in a strategy review aimed at boosting the fortunes of the bank which had to be part-nationalized during the credit crisis.
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Study finds text messages help smokers quit

Smokers are twice as likely to quit when they get text messages urging them to stick to their goal of being smoke free compared with those who receive texts with no motivational messages, a British study has found.

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