BREAKING NEWS

2010-03-01

Business

HSBC profit disappoints

Europe’s biggest bank, HSBC, saw its shares fall after posting a worse than expected 5.25 billion euro annual pretax profit. That was down from

Business

Prudential to buy AIA

Britain’s Prudential plans to buy AIG’s Asian life insurance arm (AIA) for the equivalent of 26 billion euros. The deal will make it the undisputed

Business

Sweden back in recession

Sweden’s economy unexpectedly slid back into recession in the fourth quarter. The figures caused the Swedish currency, the crown, to fall. They