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Business & Finance

Prudential 'may abandon AIA deal'

31.05.2010 - Business & Finance

Prudential may abandon its deal to take over AIG's Asian business if the price cannot be renegotiated, a report says.

Lehman sues JP Morgan for damages

27.05.2010 - Business & Finance

Lehman Brothers Holdings is suing JP Morgan Chase to recover tens of billions of dollars in "lost value".

China-US talks: China vows more currency reform

24.05.2010 - Business & Finance

China has pledged to continue reforms to its exchange rate policies at the beginning of high level trade talks with the US.

Euro drops to new four-year low against US dollar

19.05.2010 - Business & Finance

The euro has plummeted against the US dollar, falling below $1.22 for the first time since April 2006.

EU prepares to vote on new hedge fund rules

17.05.2010 - Business & Finance

European finance ministers are preparing to meet to vote on a controversial new directive regulating hedge funds and venture capitalists.

European debt fears stall US stock markets

12.05.2010 - Business & Finance

US shares closed lower as global stock markets stalled on niggling worries over European debt problems.

Greece debt fears push euro to 13-month low

05.05.2010 - Business & Finance

The euro has continued its slide against the dollar, reflecting the continued loss of investor confidence in some European economies.

President Obama attacks critics of bank reform bill

23.04.2010 - Business & Finance

US President Barack Obama has attacked critics of his banking reforms in a speech which warned that without change the financial crisis will be repeated.

Toyota suspends US sales of Lexus GX 460

14.04.2010 - Business & Finance

Japanese carmaker Toyota has announced that it will suspend sales in the US of one of its luxury vehicles.

Nord Stream starts roll out of EU gas surety

12.04.2010 - Business & Finance

The construction launch ceremony for the Nord Stream pipeline, which will supply Russian gas to Germany through the Baltic sea, has taken place at Vyborg.