Business Blog

Common currency suffers 10 daily declines in a row

EU Commission president makes offer as IMF begins bailout talks

Sure, stocks of energy companies look cheap, but Credit Suisse says don't rush to buy them yet.

The euro sinks to a fresh nine-year low against the dollar, in part after a surprise decrease in German factory orders.

Turkey's state-run lender Vakifbank will apply to establish an Islamic lender with a paid-in capital amounting to USD 300 million in lira terms and a capital ceiling of 1 billion lira (USD 434 million), the bank said.

Turkey's state-run lender Vakifbank will apply to establish an Islamic lender with a paid-in capital amounting to USD 300 million in lira terms and a capital ceiling of 1 billion lira (USD 434 million), the bank said.