Moody's downgrades 28 Spanish banks, as Madrid formally requests a 100bn euro bailout for its struggling banking sector.
Last Modified: 25 Jun 2012 22:48 GMT
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A French-Italian company banks on turbo-propeller aircraft to make savings over more expensive jets.
Last Modified: 25 Jun 2012 19:47 GMT
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Ruling party to debate whether mines, banks and land - 80 per cent of which is in white hands - should be state-owned.
Last Modified: 25 Jun 2012 16:00 GMT
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Gulf state applies for licence to invest $5bn in scheme allowing foreign exposure to Chinese stock and bond markets.
Last Modified: 25 Jun 2012 09:25 GMT
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Many doubt if politician associated with rolling blackouts can solve the country's crippling energy crisis.
Last Modified: 23 Jun 2012 19:00 GMT
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Government receives $1.7bn in winning bids to drill in new areas of Gulf of Mexico, scene of BP's 2010 oil disaster.
Last Modified: 22 Jun 2012 19:19 GMT
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Mario Monti warns of apocalyptic consequences of failure as EU leaders agree to boost economic output by one per cent.
Last Modified: 22 Jun 2012 17:41 GMT
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Bank of America among those affected, as credit rating agency says US government less likely to fund future bailouts.
Last Modified: 21 Sep 2011 18:42 GMT
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Conservative party leader takes helm of three-party coalition expected to uphold indebted nation's bailout commitments.
Last Modified: 21 Jun 2012 01:14 GMT
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Bond yields edge above seven per cent in Madrid, despite generally positive reaction from markets to pro-bailout vote.
Last Modified: 18 Jun 2012 10:38 GMT
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