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Portugal Central Bank: Loans Must Reflect Negative Rates
Portugal Central Bank: Loans Must Reflect Negative Rates

Deals of the day- Mergers and acquisitions
** Ocwen Financial Corp said it would sell an additional $25 billion of residential mortgage servicing rights to a subsidiary of Nationstar Mortgage Holdings Inc. Ocwen sold $9.8 billion of servicing rights to Nationstar Mortgage in February. ** Spain's Telefonica SA said it had finalised a deal to sell its British mobile business O2 to Li Ka-shing's Hutchison Whampoa Ltd for 10.25 billion ...

UK Joins the Rest of Europe in the Industrial Slowdown
March 11 also saw the release of industrial production data from the United Kingdom, or UK. The figures came in below median expectations.

Property in the eurozone is 45% cheaper than before the crash
Laura Shannon asks the experts where to buy a bargain and how to search for a deal. Harpal Bains (pictured) prefers to exchange homes when going on holiday rather than buying one.

Pproperty in the eurozone is 45% cheaper than before the crash
Laura Shannon asks the experts where to buy a bargain and how to search for a deal. Harpal Bains prefers to exchange home for holidays than buying one.

Euro Slides on Greece as Oil Falls While Europe Stocks Pare Gain
The 19-nation shared currency slid 1 percent to $1.0730 by 10:06 a.m. in London in its worst quarter since the euro was introduced in 1999. The Stoxx Europe 600 Index added less than 0.1 percent and Standard & Poor’s 500 Index futures slipped 0.3 percent. Australia’s dollar weakened as iron ore declined to a 10-year low, while U.S. oil fell 2 percent. Only the Brazilian real and Danish krone ...

UPDATE 2-Millennium sells minority stake in Polish unit at 10 pct discount
WARSAW/LISBON, March 26 (Reuters) - Portugal's largest listed lender, Millennium bcp, sold a minority stake in its Polish business on Thursday at a steep 10 percent discount, raising 304 million euros ($333 million) in much needed capital. In an accelerated placement of the 15.41 percent stake in Poland's Bank Millennium, BCP got a price of 6.65 zlotys, below Wednesday's closing price of 7.37 ...

Stocks trade mixed; Apple rises nearly 2%
U.S. stocks traded mixed on Wednesday as investors focused on developments in Greece's negotiations with the euro zone finance ministers.

35 years after, where are 1980 Nations Cup heroes?
Today makes it 35 years that Nigeria first won the Africa Cup of Nations title. In this report, ’TANA AIYEJINA takes a look at the heroes of the feat and what they are doing currently Best Ogedegbe (Born September 3, 1954) Goalkeeper Best Ogedegbe died on September 29, 2009, aged 55, after failing to come...  [Read More...]

'Walter Mitty' businessman defrauded dying friend of almost £500,000
A BUSINESSMAN who led a "Walter Mitty" lifestyle has been convicted of defrauding a terminally ill friend out of almost half a million pounds.

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