Finance

Standard Chartered to pay $340 million for Iran deals

British bank Standard Chartered has agreed a $340 million settlement with New York regulators that accused it of hiding $250…

12 years ago

Eurozone economy shrinks by 0.2% from April to June

The economy of the eurozone shrank 0.2% in the three months from April to June compared with the previous quarter.…

12 years ago

German economy grew by 0.3% in the second quarter of 2012

German economy grew by 0.3% in the second quarter of 2012, helped by exports and domestic consumption. Earlier, France announced…

12 years ago

Standard Chartered bank in $250 billion scheme with Iran for nearly a decade

Standard Chartered bank illegally "schemed" with Iran to launder as much as $250 billion for nearly a decade, a US…

12 years ago

Knight Capital close to a $400 million rescue deal

Knight Capital is reported to be close to reaching a $400 million rescue deal with a group of investors, which…

12 years ago

US Olympic medal winners taxed on their prize money

US medal-winning athletes at the Olympics will have to pay tax on their prize money - something which is proving…

12 years ago

European markets fall following ECB’s proposals

European markets have fallen after the European Central Bank (ECB) president Mario Draghi said the bank would come up with…

12 years ago

UBS lost $356 million by investing in Facebook shares

Swiss bank UBS lost 349 million Swiss francs ($356 million) by investing in Facebook shares, more than halving its profits.…

12 years ago

US economy growth slows to 1.5% in second quarter

The US economic growth slowed in the second quarter to an annualized pace of 1.5%, as consumer spending eased. But…

12 years ago

Facebook shares fall to a new low

Facebook shares have fallen to a new low, as concerns about its mobile strategy sparked a sell-off when markets opened…

12 years ago