The Lloyd's of London insurance market has reduced its exposure "as much as possible" to the crisis-hit euro zone in preparation for a collapse of the bloc's single currency, its chief executive told the Sunday Telegraph newspaper.
Bankia and parent company BFA plan to sell its holdings in IAG and other companies to raise much-needed capital.
Spain's Bankia S.A. requested the country's government provide it with a bailout worth €19 billion ($24 billion) on Friday, the same day Standard & P...
Standard & Poor's Ratings Services cut the credit ratings of three Spain-based financial institutions to junk status, the agency said Friday.
Shares of Facebook (Nasdaq: FB), the No. 1 social network, fell 3.4 percent again Friday, a week after their disastrous debut in their initial public offering.
Comments regarding a rebound in the Chinese economy from the Organization for Economic Cooperat...
Third Point, the New York hedge fund that owns 5.8 percent of Yahoo (Nasdaq: YHOO), the No. 3 search engine, scored another victory late Tuesday as the company formally announced a director would quit.
Chrysler Group LLC is recalling 67,872 model year 2010 Jeep Wrangler cars equipped with automat...
Groupon Takes Aim At PayPal With Payment Service
Yahoo Livestand Killed Six Months After Debut; CEO Ross Levinsohn Makes First Major Move
BlackBerry Maker RIM Plans to Off-load 2,000 Jobs - Report
Ireland Business Breathes New Life
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