How the LIBOR scandal could affect you
The LIBOR scandal -- the latest debacle to send ripples through the global financial system -- centers on the alleged rigging of a somewhat obscure banking survey.
How long will the inflation holiday last?
Something happened in the second quarter of 2012 that hadn't happened in two years: Savings accounts actually made money.More specifically, this was the first time since the second quarter of 2010 that inflation dropped below the rate of interest on savings accounts.
Tesco Cuts Jobs at Fresh & Easy Chain
The retail giant slashed jobs at the Californian headquarters of its loss-making Fresh & Easy chain.
Barclays Faces New Scrutiny, More Libor Lawsuits
The British lender is working to repair its image in the wake of the interest-rate rigging scandal but is facing new probes and lawsuits.
Spain Admits it May Need Hefty Bailout
Spain has admitted that if its borrowing costs remain unsustainably high, it might need a hefty EU/IMF bailout.
LyondellBasell 2nd-Quarter Net Down 4.4%, Sees Europe Challenges
LyondellBasell Industries NV's (LYB) second-quarter earnings fell 4.4% as the plastics and chemicals company reported lower-than-expected revenue and forecast continued challenges in Europe.
Vodafone Raises Investment in Dutch Network
Vodafone PLC (VOD) said Friday it will accelerate investment in its Dutch network.
Why Don't Investors 'Like' Facebook?
Shares of the social network continued to drop n">after the company's lack of a financial forecast reinforced concerns about its mobile strategy.
Bradespar Renews Share Buyback Plan Worth BRL44.2 Million
The board of Bradespar SA (BRAP4.BR), the investment arm of Brazilian bank Banco Bradesco SA (BBD), has approved the renewal of a buyback program equivalent to 44.2 million Brazilian reais ($21.9 million).