Authorities in Britain and Australia have requested information from UBS after the Swiss bank agreed in August to disclose some 4,450 client names to settle a U.S. tax case, the bank confirmed on Sunday.
Treasury Secretary Timothy Geithner on Saturday stressed the necessity of keeping global economic stimulus in place until recovery is assured and opposed the utility of a tax on financial transactions as a way to dampen risky bank behavior.
Treasury Secretary Timothy Geithner on Saturday stressed the necessity of keeping global economic stimulus in place until recovery is assured and opposed the utility of a tax on financial transactions as a way to dampen risky bank behavior.
Treasury Secretary Timothy Geithner on Saturday stressed the necessity of keeping global economic stimulus in place until recovery is assured and opposed the utility of a tax on financial transactions as a way to dampen risky bank behavior.
An unseasonal gust of wind greets Alicia Keys as she steps out of a doorway behind a Beverly Hills hotel on a late October afternoon. Decked out in a black leather vest and black leggings brightly accented by turquoise suede knee-high boo a hint of matching eyeliner, the Grammy Award-winning singer is surprised by the chilly blast before she ducks into a waiting black sport utility vehicle. Commen...
Britain urged world governments on Saturday to consider a levy on banks to fund future bailouts, departing from long-held opposition, though there was little sign of the consensus needed to make it fly.
World governments should consider urgently a levy on banks to fund future bailouts, British Prime Minister Gordon Brown said on Saturday, departing from London's longstanding resistance to a global tax.
World governments should consider urgently a levy on banks to fund future bailouts, British Prime Minister Gordon Brown said on Saturday, departing from London's longstanding resistance to a global tax.
Small wind energy companies could be taken over cheap because fresh funding for the sector is set to flow selectively to bigger names, placing them in a stronger negotiating position.
The Michael Jackson concert film This Is It has crossed the $100 million mark at international box offices as it enters its second weekend in theaters, the studio behind the movie said on Friday.
About 40 world leaders plan to go to Copenhagen next month to boost the chances of clinching a U.N. climate deal, the United Nations said Friday as preparatory talks wound down with scant progress.
Two Iranian businessmen working at a Dubai-based firm were linked to video surveillance devices sold to Sudan and used in unmanned drones in Darfur in violation of a U.N. arms embargo, a U.N. report said.
Computer giant Apple Inc will open its first French store beneath the Louvre museum on Saturday just two weeks after Microsoft opened a theme cafe to promote its Windows 7 software.
The head of General Motors' European business, Carl-Peter Forster, is leaving the company after the surprise decision by GM's board to block the sale of Opel, two sources close to the situation told Reuters.
The International Monetary Fund warned global financial leaders on Friday not to repeat the mistakes of the Great Depression and choke off emergency support for their economies too quickly.
A founder of part of payments processing business RBS WorldPay is interested in buying all of the business back from Royal Bank of Scotland after the UK bank was told to sell it by European competition authorities.
The head of General Motors' European business, Carl-Peter Forster, is leaving the company following the surprise decision by GM's board to block the sale of Opel, two sources close to the situation told Reuters.
The U.N. nuclear watchdog has asked Iran to explain evidence suggesting the Islamic Republic's scientists have experimented with an advanced nuclear warhead design, the Guardian reported in its Friday edition.
Global stocks and commodities gained on Friday, buoyed by firm U.S. data the previous session, lifting risk appetite ahead of hotly anticipated jobs data which will give more evidence on the state of the global economy.
News, details on corporate bond issues in the European markets on Friday:
Britain's leading share index was up 0.2 percent approaching midday on Friday with a rally by banks offsetting weakness in oil majors in thin trade as investors await the key U.S. October jobs report.
U.S. stock index futures were slightly higher on Friday as investors awaited monthly payrolls data and the unemployment rate, key indicators to determine the strength of the economic recovery.
