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China cuts growth target to 8-year low, to boost consumption
Wen Jiabao has cut China’s 2012 growth target to an eight-year low of 7.5 percent and made boosting consumer demand the year's first priority.
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AIG selling billion of AIA shares, to repay bail-out
American International Group is selling part of its stake in AIA Group to raise about $6 billion to help the insurer repay a huge federal government bail-out.
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London finance jobs fell 38%: recruiter
Job vacancies at London’s financial- services companies fell 38 percent last month as the eurozone's sovereign debt crisis hampered confidence.
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Lenders stress over test results
Large banks are clashing with the Federal Reserve over how much detail the central bank will reveal about them when it releases the results of its latest stress test.
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EU banks put onus on units
Some large European banks are using cheap loans from the ECB to insulate themselves from new problems that could flare up in their businesses in financially ailing European countries.
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