European markets slide on global growth fears
Fears that the global economy is losing steam have pushed down European stock markets to year-record lows. London’s FTSE 100 share index slid 1.4%...
Mainstream offshore wind farm project gets greenlight from Scottish ministers
Dublin-based wind and solar firm Mainstream Renewable Power has received the green light from Scottish Ministers to build and operate the offshore 450 MW...
Bernanke was reluctant to bail out AIG in 2008
Former Federal Reserve chairman, Ben Bernanke said on his second day on the witness stand he had been reluctant to lend money to the...
France’s credit outlook cut to ‘negative’ by Standard and Poor’s
Citing concerns about its struggling economic recovery, France’s credit outlook has been downgraded to ‘negative’ by credit rating agency Standard and Poor’s. It reaffirmed...
A eurozone recession poses huge risk to UK and global economy
George Osborne, Chancellor of the Exchequer, has expressed an ominous outlook of the global economy, saying that there are “serious clouds are gathering on the...
US and UK regulators to participate in bank collapse scenario
Regulators in the UK and the US will be meeting next week to see how they would cope with the the failure of a...
Canadian nuclear plants will provide radiation protection pills to nearby residents
The Canadian Nuclear Safety Commission has stated the radiation protection pills will be pre-distributed to people and businesses that are near nuclear plants. If...
State says Highmark’s new health plan violates consent agreement
The Pennsylvania State Attorney General Office and the departments of Health and Insurance are asking the Commonwealth Court to order Highmark Inc. to allow...
Kmart is the latest retailer to be hacked
Kmart is the latest retailer to be subject to a data beach. The hack has compromised the security of customers' credit and debit card...
Canadian unemployment down to 6.8 percent, a six year low
Canadian unemployment is at its lowest level in nearly six years, down to 6.8 percent in September. According to Statistics Canada, there were 74,100...