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EU regulators to cap bankers' bonusesEU regulators confirmed they will cap bonuses of bankers earning more than 500,000 euros ($645,000) a year and added other conditions to make the pay ceiling harder to smash. The headline figure was leaked last Friday, triggering More… |
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New EU rules make it easier to switch bank accountsEuropeans will find it easier to open and switch bank accounts and see what fees they are being charged under new rules proposed by the European Commission on Wednesday. The proposal, which could become law in the European Union i More… |
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New Iran sanctions not needed, says UK’s HagueThe European Union should focus on implementing its current sanctions against Iran over Tehran's nuclear programme rather than imposing new measures for the moment, Britain's Foreign Secretary William Hague said on Monday. More… |
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Gold rout mars investor appeal, catches out expertsEven the most fierce gold bulls must be feeling sheepish after bullion tumbled its most in 30 years, raising questions about gold's value as part of an investor portfolio. Most experts failed to see the collapse coming. A Reut More… |
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Open software group complains against MicrosoftA Spanish association representing open-source software users has filed a complaint against Microsoft Corp to the European Commission, in a new challenge to the Windows developer following a hefty fine earlier this month. The 8,00 More… |
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Gold slips to 1-week low on Cyprus dealGold fell to its lowest in a week on Monday, as investors unloaded safe-haven assets and sought equities after Cyprus struck a last-minute bailout deal with lenders. Some investors had picked up gold as the crisis in Cyprus had re More… |
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Cyprus seeks 11th-hour deal to avert financial collapseCypriot President Nicos Anastasiades flies to Brussels on Sunday to seek an 11th-hour reprieve from financial meltdown, with a bailout from the European Union and the island's place in Europe's single currency bloc hanging in the balance More… |
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Gold near biggest weekly rise in 4 monthsGold traded near a 3-1/2-week high on Friday, underpinned by safe-haven demand on the fear of a potential financial meltdown in Cyprus, which has put bullion on track for its biggest weekly rise in four months. The clock is tickin More… |
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Cyprus risks euro exit after EU bailout ultimatumThe European Union gave Cyprus till Monday to raise the billions of euros it needs to secure an international bailout or face a collapse of its financial system that could push it out of the euro currency zone. In a sign it was at More… |
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Gold's upward drive cools as Cyprus fear ebbsGold traded little changed on Thursday, losing steam as panic over Cyprus's bailout eased, though the US Federal Reserve's pledge to stick with its loose monetary policy and lingering concerns over the euro zone kept the metal supported. More… |
