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Can Mukesh Ambani turn Hamleys into a titan or it'll just be a trophy buy?Even with Reliance's considerable experience, turning a trophy into a titan isn’t a given.- Icelanders run out of cash to repay debtsThe government’s biggest challenge is to allow capital to flow freely without triggering a krona sell-off that would cause Iceland’s foreig...
- Bankers jailed, sued as Iceland seeks culprits for financial collapseIceland's police have begun rounding up a number of top bankers while other former executives and owners face a two-billion-dollar lawsuit.
- Could Iceland's crisis have been averted?As Iceland struggles to stave off bankruptcy after the collapse of its financial sector, banks and the government have pointed the finger a...
- Irish mortgage lender writes off Iceland lossesIreland's major mortgage provider, Irish Life & Permanent PLC, slashed its profit forecast on Wednesday chiefly because of lost investments...
- US trust to publish data on credit-default swapsThe Depository Trust & Clearing Corp (DTCC) will publish details of the top 1,000 credit-default swaps, bowing to regulatory pressure for m...
- Britain to loan Iceland 3 bn pounds to repay saversBritain is planning to lend about three billion pounds (five billion dollars, 3.8 billion euros) to Iceland to repay Britons with savings i...
- Bring in the women...When The Chips Are DownMen make the mess and the women come in to clean it up.
- Iceland agrees to reimburse Dutch clients of frozen online bankIceland has reached an agreement with the Netherlands to reimburse Dutch clients of the frozen online savings bank Icesave, according to a ...
- Icelanders vent fury as country seen headed for bankruptcyHundreds of Icelanders vented their fury Friday at central bank chief David Oddsson, the man blamed for the country's financial collapse, a...
- Iceland at risk of national bankruptcysuspended trading on its stock exchange for two days and took control of the country's largest bank _ the third to be placed under its prot...
- UK councils prepare for possible Icelandic lossesBritain's local government authorities are planning to ask for temporary tax breaks from the national government as they brace for potentia...
- Iceland takes control of third bankIcelandic govt took control of the country's largest bank, Kaupthing, on Thursday as it struggled to prevent an all-out collapse of its ban...
- Iceland government nationalises biggest bank KaupthingIceland's government has nationalised the country's biggest bank, Kaupthing, financial authorities said on Thursday after the two other big...
- Iceland close to bankruptcy on meltdown fearsThe country's top four banks now hold foreign liabilities in excess of $100bn, debts that dwarf Iceland's GDP of $14 bn. Top banking crises...
- Iceland's central bank says Russia loans it 4 bn eurosIcelandic bank said that Russia will grant Iceland's central bank a loan of four bn euros (5.4 bn dollars) to help the Nordic country fend ...
- Icelandic state takes control of second largest bankThe Icelandic Financial Supervisory Authority said on Tuesday it would take control of the country's second largest bank, Landsbanki, as th...
- Cadbury begins trading as pure confectionery company after drinks demergerCadbury PLC made its debut as an independent confectionery company on Friday after spinning off its U.S.
- Credit Suisse issues profit warningSwiss banking giant Credit Suisse took another hit to earnings on Thursday from its exposure to the US subprime loan crisis and warned ther...
- Tata, Orix potential suitors for Close BrothersDiscussions are less advanced with Tata, which has a financial arm but no history of interest in investment banking. Business week in pics ...
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