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Barclays’ Diamond faces grilling in parliament

YoopyaJul 4, 20120

(Reuters) – Bob Diamond squares up to critical British lawmakers on Wednesday, a day after quitting as Barclays’ chief executive over an interest rate rigging

Top banks say they not too big to fail

YoopyaJul 4, 20120

(Reuters) – Nine of the largest global banks on Tuesday expressed confidence they can be salvaged or dismantled without taxpayer bailouts if they became insolvent,

S.Africa’s MTN asks court to throw out Turkcell suit

YoopyaJul 3, 20120

JOHANNESBURG (Reuters) – African mobile operator MTN asked a U.S. court on Tuesday to dismiss a $4.2 billion suit brought by rival Turkcell after alleged

Global shares rise as hopes of policy easing grow

YoopyaJul 3, 20120

(Reuters) – Global shares rose on Tuesday as expectations rose that major central banks will take more action to support the world economy, after factory

Exclusive: U.S. probes Chesapeake, rival over possible collusion

YoopyaJul 3, 20120

(Reuters) – The U.S. Justice Department is probing Chesapeake Energy Corp and Encana Corp for possible collusion after a Reuters report showed that top executives

Barclays chairman quits over rate-fixing scandal

YoopyaJul 2, 20120

(Reuters) – Barclays Plc chairman Marcus Agius quit on Monday, saying “the buck stops with me” after an interest rate rigging scandal that has dealt

Spain wins again, beating Italy 4-0 at Euro 2012

kiemtarJul 1, 20120

The defense was impenetrable. The offense was unstoppable. Simply put, it was another Spanish party on the international stage. Spain won its third straight major