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Tag Archive | "english"

Cyprus leader slams bailout terms in appeal for help

Tuesday, June 18, 2013

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Cypriot President Nicos Anastasiades, pictured in Brussels on May 23, 2013

Cypriot President Nicos Anastasiades has sharply criticised the terms imposed for a March debt bailout in a letter to eurozone leaders pleading for help in safeguarding the island's biggest lender.

Greece raises 1.3 bn euros at steady 4% rate

Tuesday, June 18, 2013

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Protesters at an anti-austerity demonstration in central Athens on May 31, 2013

Greece raised 1.3 billion euros ($1.7 billion) with a sale of three-month treasury bills on Tuesday, at a stable rate of 4.02 percent, the public debt management agency said.

Asian markets mixed as US Fed prepares for meeting

Tuesday, June 18, 2013

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An electronic quotation board displays the Nikkei index level in Tokyo on June 14, 2013.

Asian markets were mixed on Tuesday, with traders sitting on the sidelines as they await the US Federal Reserve's plans for its stimulus programme.

G8 seeks teeth over tax evasion, bank secrecy

Sunday, June 16, 2013

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A protester dressed as a businessman holds a wad of fake notes in London, June 14, 2013, ahead of the G8 summit

Tax evasion and banking secrecy, hot topics and top targets because of the financial crises and austerity, could be the focus of strong statements at the G8 meeting this week.

‘Offshore Leaks’ group urges G8 to act on bank secrecy

Saturday, June 15, 2013

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British Prime Minister David Cameron (L) and US President Barack Obama attend a meeting, May 21, 2012, Chicago

An investigative journalism group said Saturday it hopes publication of the "Offshore Leaks" database of secret tax haven accounts will inspire the leaders of the G8 to act on banking secrecy.

Vatican bank ‘zero tolerance’ on suspect transactions

Friday, June 14, 2013

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Ernst von Freyberg  poses in his office at the Vatican on June 13, 2013 in Rome during an interview with AFP

The Vatican bank is taking a "zero tolerance" approach to suspect transactions, says its new chief executive Ernst von Freyberg, as it fights hard to shatter a culture of silence and shed its murky image.

Vatican bank ‘zero tolerance’ on suspect transactions

Friday, June 14, 2013

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Ernst von Freyberg  poses in his office at the Vatican on June 13, 2013 in Rome during an interview with AFP

The Vatican bank is taking a "zero tolerance" approach to suspect transactions, says its new chief executive Ernst von Freyberg, as it fights hard to shatter a culture of silence and shed its murky image.

Biotech industry worries over US court’s DNA ruling

Friday, June 14, 2013

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The US Supreme Court Building is seen in this March 31, 2012 file photo on Capitol Hill in Washington, DC

The US Supreme Court's rejection Thursday of natural DNA patent protection could hurt biotech companies, but specialists said it left enough safeguards for the industry to keep innovating.

Barroso says European bailouts could bypass IMF in future

Thursday, June 13, 2013

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Jose Manuel Barroso gives a press conference in Brussels on June 13, 2013

European institutions will be able to manage financial aid programmes to member states in the future, European Commission head Jose Manuel Barroso said Thursday, a move that would remove the IMF from any eventual bailouts.

Royal Bank of Scotland shares slide as CEO walks

Thursday, June 13, 2013

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A branch of The Royal Bank of Scotland (RBS) in central London, pictured June 12, 2013

Shares in Royal Bank of Scotland slumped on Thursday, a day after the state-rescued lender said that chief executive Stephen Hester was stepping down to allow someone else to help it return to the private sector.

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