Banker bonus curbs backed by the rest of the European Union imperil efforts to make lenders more resilient in crises, the U.K. said in a new attack following Chancellor of the Exchequer George Osborne’s defeated bid to block the measures.
Pressure is growing on the three senior HBOS bankers accused of a "colossal failure" over the bank's 2008 collapse.
Professor Michael Woodford of Columbia University says governments shouldn't create money and give it to the banks as quantitative easing.
Boeing announced on Friday it had completed the second test flight of its troubled 787 as it tries to overturn a global grounding of the aircraft.
Spain's banking bailout last year is now a distant memory.
George Osborne received a qualified vote of confidence for his tax-and-spending plans in the wake of last month's budget as ratings agency Standard & Poor's reaffirmed the UK's AAA credit rating on Friday night.
The US added only 88,000 new jobs in March, less than half the figure economists had been expecting. The figure is the first since Washington implemented deep spending cuts across the budget at the start of the month.
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