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Articles in category: Business, Economy & Finance
172 Articles (43 Pages, 4 Articles per Page)
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Britain??s economy contracted in the second quarter. Economic output fell by 0.8 per cent quarter-on-quarter in the three months to June, after a 2.4 per cent decline in the first quarter, according to the Office for National Statistics?? ??flash? first estimate of GDP.
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Banks such as Lloyds Banking Group Plc and Dexia SA that received government bailouts may have to sell branches or units to win approval for restructuring plans under new European Union guidelines.
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Beijing??s foreign reserve holdings have surged through the $2,000 billion mark, as money pours back into China to take advantage of faster economic growth and rapidly inflating asset prices.
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The Department of Justice has opened an investigation into the credit derivatives market, with letters sent to over a dozen dealers asking for several years?? worth of detailed information about trading and pricing.
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