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Asian stock markets fell this morning as investors showed their disappointment in US retail spending over the Thanksgiving weekend. Stocks in Australia, Japan Singapore and South Korea were all down, after early reports that...
Dec 1 (Reuters) - American International Group Inc (AIG.N: ) on Monday said it has agreed to sell its wealth management provider AIG Private Bank to Abu Dhabi-listed investment company Aabar Investments Co AABAR.AD. Terms of...
HONG KONG (Reuters) - Asian stocks dipped on Monday to snap a six-day winning streak, with investors caught between aggressive steps by central bank to alleviate the sharp global downturn and increasingly grim economic data.
Irish low-fare airline Ryanair has launched a £620m offer for rival Aer Lingus, in which it already has a near 30pc stake. The €1.40-a-share offer is a renewed bid by Ryanair after the group was refused ownership of Aer Lingus...
LONDON/BEIJING (Reuters) - European and Chinese industry activity slumped in November, Japanese officials said their economy was slowing rapidly and euro zone finance ministers gathered on Monday to discuss plans to curb...
The FSA stepped in to stop London Scottish taking deposits London Scottish Bank has gone into administration after the Financial Services Authority stepped in to stop it accepting deposits. The FSA acted because London Scottish...
By Myles Neligan LONDON, Dec 1 (Reuters) - British lender Royal Bank of Scotland (RBS.L: ) said on Monday it would not repossess the homes of mortgage customers who default until six months after they first fall into arrears....
LONDON (Reuters) - Manufacturing shrank at a record pace in November and mortgage approvals slid back to a series low in October, showing that neither a weaker pound nor lower interest rates have stalled a slide into recession.
