FRANKFURT (Reuters) - European Central Bank President Mario Draghi threw the door wide open on Friday for more drastic measures to prevent the euro zone from sliding into deflation, promising to use whatever means necessary as China also acted to ...
The People's Bank of China said on Friday it will cut benchmark borrowing and lending rates. Bloomberg News. By. Alex Frangos.
Royal Bank of Scotland has admitted that it mis-calculated its financial strength under European tests of major banks' financial stability earlier this year.
Pelamis Wave Power Ltd., a U.K. maker of systems that harness the power of the ocean to generate electricity, said it's been unable to raise the money needed to continue development.
Ophir Energy has slumped nearly 6% after it proposed a �267m offer for Salamander Energy to boost its presence in south east Asia.