1 of 4. ECB President Mario Draghi waits to take the flloor during the Quarterly Hearing before the Committee on Economic and Monetary Affairs of the European Parliament in Brussels November 17, 2014.
Royal Bank of Scotland has admitted that it mis-calculated its financial strength under European tests of major banks' financial stability earlier this year.
U.S. financial markets surged in early trading Friday as investors cheered a surprise interest rate cut in China and a hint of further stimulus for Europe from the head of the region's central bank.
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.