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Articles in category: Business, Economy & Finance
172 Articles (43 Pages, 4 Articles per Page)
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Spain became the first country to lose its triple A credit rating from Standard & Poorâ??s since Japan in 2001, spurring a slide in the euro as the economic outlook for Europe worsened.
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The Dublin government on Thursday night nationalised Anglo Irish Bank, Irelands third largest lender, amid a collapsing share price and reports of large-scale deposit withdrawals by its customers.
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Bank of America (BoA) will receive $20bn in fresh capital from the US government and a guarantee on a further $118bn of potential losses on troubled assets.
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The US venture capital industry, an important source of capital for technology start-ups around the world, is facing a severe shake-out that will lead to a contraction in future investments, according to some of Silicon Valleyâ??s leading financiers.
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