Wholesale reform of Libor is needed in order to restore the credibility of the international benchmark, FSA managing director Martin Wheatley said today. Releasing his report…
The French edition of Closer magazine, which last week published topless pictures of the Duchess of Cambridge, has been ordered to hand over the photographs by…
European politicians drafting tough new curbs on the controversial trading practice high frequency trading (HFT) have faced stiff resistance from the industry – especially the City…
The German government is currently looking into the details of the planned tie-up of European aerospace and defence group EADS NV (EPA:EAD) and British defence contractor…
Swiss banks are expected to lose billions of francs in deposits and assets as cash-strapped European governments, struggling to balance their budgets, are applying pressure on…
UK Timeweave Plc (LON:TMW), a provider of broadcast services to the bookmaking industry, rejected on Friday the GBP0.22 (USD0.36/EUR0.27) a share takeover offer from British investor…
US-based online antivirus service provider VirusTotal has been taken over by technology major Google Inc (NASDAQ:GOOG), the target company said in its official blog without providing…
