Restoring banking value system is must: says FDIC head

Sheila Bair

The head of the Federal Deposit Insurance Corp., Sheila Bair, stated at the University of Kansas' Robert J. Dole Institute of Politics that the improved lending standards are needed by U.S.

Mortgage lending grows at slow rate

Paul Samter

Mortgage lending in the UK climbed up by a quarter to £11.5 billion last month. Mortgage lending remained lower with only 3 per cent more cases than in March 2009.

Paul Walker to be considered as Sage’s next Chief Executive

Paul Walker

Mr. Paul Walker, the Chief Executive of FTSE 100 companies, has decided to leave the company after serving the software company for 16 years.

World Cup fever increases sale of HD TV

World Cup fever increases sale of HD TV

The World Cup fever is helping electronics companies to earn more profit with better sales of HD and 3D powered TVs.

BA calls for financial assistance due to ash

British Airways chief Willie Walsh

British Airways chief Willie Walsh demands financial compensation from EU and national governments because of closure of airlines due to volcanic ash cloud.

$16.4 million fine to be paid by Toyota

$16.4 million fine to be paid by Toyota

Toyota Motor Corp has agreed to pay a $16.4 million fine to government for delaying for at least four months in making recall of the vehicles with sticky pedal defect.

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Fiat Chrysler could face investigation in France regarding diesel emissions

Fiat Chrysler Automobiles could face tough investigation in France regarding possibility of cheating in diesel vehicle emissions.

Francois Fillon Faces Major Setback on Putin Ties Report

French Presidential candidate Francois Fillon’s campaign faced another setback as satirical newspaper Le Canard Enchaine reported connection of former Prime Minister with Vladimir Putin.

Armed Teen Held after Grasse School Shooting

Grasse school shooting incident shocked French people as three people suffered gunshots while five others were injured during stampede after the incident. A teenager has been held by plice.

Letter Bomb Injures Two at IMF Office in Paris

One employee has been injured after a letter bomb exploded at IMF office in Paris.

Francois Fillon Faces Formal Investigation Regarding Fake Jobs Scandal

Former French Prime Minister and presidential election candidate Francois Fillon has been placed under formal investigation regarding fake jobs scandal in which he made payments over one million eu