The euro tumbled to its lowest level in almost two years as investors dumped riskier European equities amid signs that policymakers were bracing for the financial turmoil that could be unleashed by a...
May 23 (Reuters) - The U.S. Commodity Futures Trading Commission has opened an investigation into the volatile trading and large contract deliveries that roiled the cotton market a year ago, the Financial Times reported on Wednesday.
The owners of Getty Images, the world's largest distributor of stock photos, video and other digital content, have retained bankers to examine a possible sale or public offering of the business they...
… emergency liquidity provided by the country's central bank and quietly approved by the ECB, according to a report in the Financial Times . An ECB decision to pull the plug could potentially prompt a Greek exit from the eurozone. Post your comment!
The Bank of England bowed to outside pressure on Monday, launching three independent reviews to learn lessons from the financial and economic crisis, but it immediately ran into criticism that their...
European leaders are drawing up a series of crisis-fighting proposals to raise at an informal EU summit this week that have in the past been rejected by Germany, putting further pressure on Chancellor Angela Merkel.
LONDON, May 21 (Reuters) - Chinese consumers of thermal coal and iron ore are asking traders to defer cargos and defaulting on their contracts, the Financial Times reported on Monday.
JPMorgan's ( JPM ) Chief Investment Office has built up over $100B of positions in complex, risky bonds and structured products, according to the Financial Times , with the CIO's "non-vanilla" portfolio now over $150B. 1 comment!
(Reuters) - The unit at the center of JPMorgan Chase & Co's recently revealed $2 billion trading loss has built up more than $100 billion in positions in asset-backed securities and structured products, the Financial Times said on Thursday.
An oil tanker belonging to Iran's state-owned shipping line has been switching flags and using multiple companies to transport crude from Syria to Iran, illustrating how Tehran is helping to sidestep...