Scotland could end up with a banking system much like that of Iceland on the eve of the financial crisis if it votes for independence, according to a warning from one of the world's leading rating agencies.
When Ben Bernanke launched US quantitative easing in late 2008, the Federal Reserve chairman threw a match into a box of fireworks: the subsequent rally in global share prices was dazzling.
The battle for Britain's shopping baskets is intensifying, with Co-op promising to plough more than �100m into lowering the price of basics such as bread, milk and bananas.
General Electric Co. (GE) is in talks to buy Alstom SA (ALO), the French builder of power plants and transmission gear, people with knowledge of the matter said, in what would be GE's biggest acquisition ever.
LONDON, April 24 (Reuters) - British retail sales bounced back this month after a weak March, helped by sales from a later-than-usual Easter, the Confederation of British Industry said on Monday.