AT&T Shuts Down Vodafone Buyout Buzz...For Now
AT&T ruled out attempting to acquire the U.K.'s Vodafone for the time being, despite ample speculation of a possible tie-up.
Rebounding Europe Fuels 1.9% Rise in McDonald's August Sales
The sales beat was sparked by strength in European markets like the U.K., France and Russia.
S&P Demotes Ratings of Barclays, Credit Suisse, Deutsche Bank
The ratings firm cited tougher regulation, fragile global markets and Europe's weak economy.
NFL Unveils Schedule For 2016 International Series
The NFL will play three regular-season games at two London stadiums next season.
Russia a Popular Market for U.S. Companies
As Russia's move to send its military into Ukraine rattles global markets, some of the most recognizable companies in the U.S. are also bracing for whatever might lie ahead.
Russia a Popular Market for U.S. Companies
As Russia's move to send its military into Ukraine rattles global markets, some of the most recognizable companies in the U.S. are also bracing for whatever might lie ahead.
Report: Verizon, AT&T Explore $245B Takeover of Vodafone
Verizon Communications and AT&T are reportedly mulling a mega takeover of Vodafone.
Telefonica Sells Majority Stake in Czech Subsidiary for $3.3B
Spanish telecom giant Telefonica inked a deal on Monday to sell a chunk of its close to 80% stake in its Czech subsidiary for about $3.3 billion.
Google Faces Tax Backlash from British Lawmakers
The search giant faced angry questions from British lawmakers investigating its tax affairs and whether it had misled parliament in testimony last year.
RBS bad bank plan will help selloff of government stake: Osborne
Plans to create an internal 'bad bank' at Royal Bank of Scotland will make it easier to sell off the government's stake, British Finance Minister George Osborne said on Friday.
Italian Bank Takes Cheese as Collateral for Loans
We all know of the gold standard, but have you heard of the cheese standard?
EU to Levy Record Fines on Libor Banks
EU antitrust regulators will reportedly levy a record fine of on six financial institutions for rigging the yen Libor interest rate benchmark.
UK finance minister Osborne backs RBS bad bank plan
Britain's finance minister George Osborne said on Friday he wholeheartedly supported plans by Royal Bank of Scotland to create an internal bad bank to manage the run-down of its riskiest assets.
RBS Reveals Internal 'Bad Bank' Plan, 3Q EPS Miss
RBS' 'bad bank' is part of a raft of measures designed to heal the bank's relationship with the British government and speed up privatization.
Barclays Plans to Cut 12K Jobs as Investment Bank Struggles
British banking giant Barclays said it would axe up to 12,000 jobs this year even as it raised bonuses for investment bankers.
Report: European Banks to Continue Cutting Staff
Downsizing European banks, still suffering the effects of a recession, are likely to continue cutting staff, according to a report.
UK Court Dismisses Lawsuit Madoff Ponzi-Scheme Losses
A British high court judge dismissed all claims against the defendent in a civil claim and criticized the way the case had been pursued.
Report: NYSE Hires J.P. Morgan, Societe Generale to Run Euronext IPO
The Big Board owner has reportedly tapped two leading investment banks to run a possible IPO of its Euronext unit.
HSBC Slumps 5% on Disappointing 1H Results
Europe's largest bank revealed top and bottom-line results that trailed forecasts.
AmEx Shares Sell Off as EU Reportedly Mulls Caps on Swipe Fees
Shares of American Express slumped in choppy trading on reports the European Commission could consider adding caps to card fees.