A former trader from the Royal Bank of Scotland has been arrested by the UK's Serious Fraud Office in its criminal investigation into whether individuals rigged the $5.3tn-a-day foreign-exchange market, in a fresh acceleration of the worldwide probe.
AN independent Scotland in its first year would have faced a �6.4bn "gaping chasm" in its finances, the Treasury has calculated based on the slump in the oil price.
UK retail sales grew at their fastest year-on-year pace for more than a quarter-century in the two weeks to December 11, with the Black Friday shopping extravaganza adopted from the US playing a major part, a survey has revealed.
Poor treatment of workers in Chinese factories which make Apple products has been discovered by an undercover BBC Panorama investigation.
MOSCOW: Russia's lower house of parliament hastily approved a draft law Friday that would give the banking sector a capital boost of up to 1 trillion rubles ($16.5 billion).