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American Airlines files for bankruptcy
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Obtain unemployment mortgage protection insurance: Know how
Almost all individuals in the nation obtain mortgage while buying a new house, but unfortunately in the recent economic turmoil, they are unable to pay their monthly mortgage payments. In this situation, it is recommended to obtain unemployment mortgage protection insurance which will help you to be current on your mortgage payments. Unemployment mortgage protection insurance is a type of insurance that provides financial compensation to cover the cost of your mortgage in the event of your unemployment or any other financial hardships. So let us now discuss on how to obtain mortgage protection insurance. There are a few ...
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Retail sales suffer biggest drop in nearly 3 years – CBI
LONDON - Retail sales suffered their biggest annual fall in nearly three years in January, as shoppers reined in spending after picking up pre-Christmas bargains, an industry survey showed on Thursday. Related Stories Crisis-hit euro zone fades as be
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Asian stocks pause after rallying on Fed
TOKYO - A broad asset rally inspired by the U.S. Federal Reserve's pledge to keep rates low paused on Friday, as investors sought to gauge how sustainable the burst of optimism will be while waiting for the outcome of crucial Greek debt talks.
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Euro, world stocks drift down as Greek talks hit bump
NEW YORK - The euro retreated from a three-week high and world stocks fell after six days of gains on Tuesday as the latest setback in efforts to restructure Greek debt triggered fresh worries about a messy default for the country. Related Stories Ap
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Solo Scotland would expect BoE backing – Salmond
LONDON - An independent Scotland would rely on the Bank of England to support its banks if they ran into trouble, the country's separatist leader said on Tuesday, raising questions over the nature of his proposed split with Britain. Related Stories A
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Barry Callebaut strikes supply deal with Unilever
ZURICH - Barry Callebaut will supply Unilever , the world's third-largest consumer goods group, with 70 percent of its global cocoa and chocolate needs in an outsourcing deal, the two groups said in a statement on Monday. Related Stories Analysis - H
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Euro zone finance ministers to rule on glacial Greek debt talks
BRUSSELS/ATHENS - Euro zone finance ministers will decide on Monday what terms of a Greek debt restructuring they are ready to accept as part of a second bailout package for Athens after negotiators for private creditors said they could not improve t
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World stocks lose steam waiting on Greece
NEW YORK - A rally in world stocks and the euro lost steam on Friday as investors awaited a Greek debt restructuring deal aimed at avoiding a disorderly default, while Wall Street ended a stellar week on a mixed note after dismal earnings from Google
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Greece debt swap talks drag into weekend
ATHENS - Greece and its creditors are continuing negotiations on a debt swap on Saturday after late-night talks edged them closer to a vital deal but failed to clinch an agreement. Related Stories Banks battle for business as firms ditch IPOs Former
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Cash bonuses capped at state-backed banks
LONDON - Bonuses in the financial services sector have "got out of control" in recent years, Prime Minister David Cameron said on Thursday, adding cash payments at state-backed banks would again be limited to 2,000 pounds. Related Stories Bank's Hald
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Relief in Spain, tension in Greece for euro zone
MADRID/ATHENS - The embattled euro zone cleared a major funding test on Thursday when Spain romped through a key bond sale, while signs pointed to only a mild recession for the 17-nation bloc. Related Stories Ireland passes bailout review but growth
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