European bank shares surged initially after stress test results
Shares in European banks surged initially after the ECB and EBA published their bank stress test results on Sunday. The European Central Bank (ECB)...
EBA stress test – 24 banks failed
The European Banking Authority (EBA) announced on Sunday that 24 banks have failed stress tests. The EBA has given them nine months to improve...
Postmedia Network posts falling revenue in a tough market
Toronto-based media company Postmedia Network Canada Corp. posted declining revenue but managed to reduce its annual loss by one third, as its CEO Paul...
6.07 pound gold nugget sold for about 400,000 dollars
A 6.07 pound (2.8 kg) ‘Butte Nugget’ of gold was bought by a “prominent Bay Area collector” for about $400,000, said Don Kagin, the...
Rates must rise now, says BoE MPC member Ian McCafferty
Ian McCafferty, a Bank of England Monetary Policy Committee (MPC) member, says interest rates should be increased now, because the country’s dwindling spare capacity...
13 banks failed ECB stress test, not 25 any more
The European Central Bank (ECB) announced on Sunday that of the 25 banks that initially failed the banking stress test, 12 have already covered...
Maui mothers urging GM crop ban
Maui mothers are canvassing door-to-door in Maui trying to persuade residents to vote against the cultivation of GM crops because they believe they are...
US Postal service allowed to deliver groceries from 3am to 7am
The United States Postal Service (USPS) has been given the green light by the Postal Service Regulatory Commission to deliver bins of groceries from...
Eurozone recession relapse stark warning by ECB President Mario Draghi
The Eurozone is staring into a recession relapse abyss if leaders fail to step up political action, ECB President Mario Draghi said at the...
ValueAct has 5.7 percent stake in Agrium
ValueAct Capital Management LP has bought a 5.7% stake (almost 8.2m shares) in agricultural products and services retailer Agrium Inc., just eighteen months after...