economic crisis
AIG names Mark Tucker, ex-Prudential head to run AIA
US insurer AIG has confirmed it is replacing the head of its Asian unit AIA before listing the company in Hong Kong with a...
Austria extends ban on naked short-selling
The Austrian financial market watchdog, the FMA, said Tuesday it had decided to extend a current temporary ban on so-called naked short-selling by a...
Austrian inflation stable at 2.0 percent in April, insurance costs also up
Austrian inflation remained stable in April at 2.0 percent, on the back of continued high fuel prices, official data showed on Tuesday.
The Austrian consumer...
IMF proposes global bank tax plans
The International Monetary Fund has proposed two new global taxes on banks and other financial institutions to cover the cost of future bailouts, the...
Goldman Sachs holds up clean hands over AIG
US investment bank Goldman Sachs has refuted allegations that it profited improperly from the state rescue of insurance giant AIG and that it took...
UniCredit reports halved profit on bad loan charges
UniCredit bank, heavily involved in lending in eastern Europe, reported on Wednesday a halving of net profit for 2009, because of loan payment problems...
How British business leaders are reacting to the recession
UK businesses are over-cautious and at risk of missing out on seizing opportunities due to a fear of taking acceptable risks, according to leading...
