US stocks have staged an afternoon-long rally and closed higher as Greece appeared to close in on the cost-cutting deal it needs to keep from defaulting on its national debt.
Thursday, February 09 2012
Nerves about whether Greece will stave off default weighed on London's leading shares index despite strong results from Nurofen-to-Durex firm Reckitt Benckiser.
Thursday, February 09 2012
The Bank of England is expected to unleash another multi-billion round of emergency support for the UK economy despite signs that the UK's financial health may be starting to improve.
Thursday, February 09 2012
Ongoing investigations surrounding the closure of the News of the World cost News Corporation 87 million US dollars (£55 million) in the final three months of last year, the media giant has revealed.
Thursday, February 09 2012
Britain's economic recovery is being held back by a lack of women in the boardroom, David Cameron has warned.
Thursday, February 09 2012
A crucial meeting between Greece's prime minister and debt inspectors on averting the country's bankruptcy has ended with no definite results.
Thursday, February 09 2012
China's inflation rebounded in January as food prices soared, renewing pressure on Beijing to control living costs as it tries to boost slowing growth amid warnings of a looming global downturn.
Thursday, February 09 2012
Asian stocks fell after data showed inflation in China was heating up again, complicating efforts by Beijing to stimulate the world's second largest economy.
Thursday, February 09 2012
Frustrated shareholders have piled pressure on the bosses of struggling tour operator Thomas Cook following one of the most turbulent periods in the company's 175-year history.
Thursday, February 09 2012
The new boss of Dettol to Nurofen firm Reckitt Benckiser has hailed a decade of "superior growth" but warned the company would have to overhaul its strategy to keep ahead of the game.
Thursday, February 09 2012