the-finance-zone.co.uk

European and Asian shares slump

There are concerns a US recession would hit the rest of the world European shares have followed the lead from

The weak dollar makes European goods relatively more expensive The dollar weakened against the euro to hit a new record

Scientists have been given a $30m (Â£15.1m) grant by Microsoft mogul Bill Gates to improve the treatment and control of

Joe Lewis, the Bahamas-based British billionaire, is the mystery buyer behind a near-7 per cent stake in Ladbrokes, the UK’s

Mortgage lenders are set to stop selling 125 per cent home loans in a move which could leave thousands of

The sudden tightening of credit on high-risk sub-prime mortgages has led to a property price crash in the US, with

Barclays has seen annual profits drop to Â£7.08bn, including a net loss of Â£1.6bn stemming from turbulence on the global

Credit Suisse has suspended a “small number” of traders suspected of inflating the value of mortgage-backed bond investments by $2.85bn

Federal Reserve chief Ben Bernanke has warned that the US economy will slow noticeably before the end of the year.He

Charles Prince, the chairman and chief executive of one of the world’s biggest banks, Citigroup, has resigned.He will be replaced