The US Supreme Court allowed the sale of Chrysler to a group led by Fiat to go ahead, as it rejected on Tuesday an appeal by three Indiana pension funds that requested the deal be put on hold.
Irelandâ??s sovereign credit ratings were cut for the second time in three months on Monday amid heightened concern about the soaring cost of bailing out the countryâ??s ailing banking sector.
International Petroleum Investment Corp (IPIC), an investment vehicle of the Abu Dhabi royal family, announced plans on Monday night to offload its stake in the British bank, pocketing a large profit less than seven months after making its investment.