Greeks deeply divided heading into crucial vote

ATHENS - Tens of thousands of Greeks took to the streets on Friday in rival rallies that laid bare the deep divide heading into a referendum that may decide the country’s future in Europe’s single currency. | Video

Recent Business News

Conservatives see best chance in 18 years to cut welfare bill

LONDON - Prime Minister David Cameron's Conservatives have their best chance in almost two decades to remould Britain's economy next week, in their first budget statement after an unexpectedly decisive election victory.

UK, World 03 Jul 2015

New Credit Suisse CEO promises "ruthlessly selective" review -FT

- Newly appointed Credit Suisse AG Chief Executive Tidjane Thiam, in an interview with the Financial Times, promised a "ruthlessly selective" review of the Swiss bank's businesses, amid expectations that the incoming CEO would cut staff by about 15 percent from its investment banking arm.

2:36am BST

Any 'new drachma' would sink like a stone at first

LONDON - If a 'No' in Sunday's referendum eventually takes Greece out of Europe's single currency, any "new drachma" or temporary payment unit could be worth as little as a fifth of the euro now in circulation.

03 Jul 2015

Barclays eyes narrow new UK bank as rivals take different path

LONDON - Barclays is planning to set up a smaller separate UK bank than rivals as British lenders finalise how to restructure to meet new rules designed to give greater protection to savers and taxpayers.

03 Jul 2015

Ferrari listing to value group at least 10 billion euros - CEO

TURIN - The listing of Ferrari may value the sports car unit at least 10 billion euros (7 billion pounds), Fiat Chrysler's (FCA) Chief Executive Sergio Marchionne said on Friday.

03 Jul 2015
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