Europe shares hit new high on German rulingEuropean shares climbed to their highest in nearly 14 months on Wednesday after Germany's Constitutional Court rejected complaints against the euro zone's new bailout fund and allowed its ratification under certain cond More… |
France, Germany split over EU bailout fundDeep divisions between France and Germany mean they will make scant progress on strengthening the euro zone bailout fund at a summit on Sunday, in a sign that Europe's leaders are still some way from getting a grip on the bloc's debt crisi More… |
Kuwait launches bailout fund for investment firmsKuwait has launched a bailout fund for investment firms as shockwaves from the global financial crisis spread. The country plans to buy up assets at a discount from investment firms hit by the crisis, the central bank said. The new More… |