FCA Fines Barclays £72mn For Poor Handling Of Financial Crime Risks
LONDON, United Kingdom. The Financial Conduct Authority (FCA) has fined Barclays Bank (Barclays) £72,069,400 for failing to…
‘Good Chance’ Of £1 Per Litre Petrol In UK, Says RAC
LONDON, United Kingdom. There is “very good chance” petrol prices could fall to £1 per litre, or…
HBOS Chiefs Blamed For £20bn ‘Destruction’
LONDON, United Kingdom. The former bosses of HBOS have been blamed for catastrophic decision-making which triggered the…
Russia To Build Egypt’s First Nuclear Power Plant
CAIRO, Arab Republic of Egypt. Russia has signed two agreements with Egypt to finance and build the…
Russian Economy Stable, Attracting Investors — PM Medvedev
MOSCOW, Russian Federation. The Russian economy and the financial sector are quite stable despite falling oil prices,…
$5.2bn (£2.7bn): Nigeria Gives ‘Olive branch’ to MTN
ABUJA, Federal Republic of Nigeria. Nigeria has extended an olive branch to the troubled African mobile phone…
Greece Misses Bailout Deadline As Talks With Creditors Drag On
ATHENS, Greece [Hellenic Republic]. The deadline to dispense further rescue loans to debt-stricken Greece was extended by…
Big Beer Merger Leaves Future Uncertain For Competitors
LONDON, United Kingdom. Heineken, Molson Coors and Carlsberg are storied brewers that trace their roots back hundreds…