German Chancellor Angela Merkel yesterday ruled out cancelling any of Greece's debt and a European Central Bank policymaker threatened to cut off funding to Greek banks if Athens does not agree to renew its bailout package.
Several of the world's wealthiest state-backed funds are in talks to provide financial backing for O2's industry-changing �10bn tie-up with rival UK mobile operator Three.
Google released its fourth-quarter earnings on Thursday, and those results were pretty lacklustre. The company delivered decent, if disappointing, growth.
The next euro crisis is never far away. The week before last, markets were euphoric over the quantitative easing announcement from Mario Draghi, president of the European Central Bank (ECB).
Petrobras represents the best and worst of Brazil. Its technical competence is renowned and it has vast deep sea reserves. Such were the lures that drew investors to the world's largest equity offering a few years ago when it raised $70bn on international ...