Britain’s economy rebounded in the first quarter by enough to erase the contraction of the previous three months on the strongest surge in service-industry growth for four years.
BusinessWeek.com — Finance
The Bank of England kept its benchmark interest rate at a record low as policy makers judged the need to aid the recovery took precedence over the fastest inflation in more than two years.
BusinessWeek.com — Finance
Tiger Asia Management LLC, the New York-based hedge-fund being investigated by U.S. and Hong Kong regulators, told clients it is disappointed with its 2010 results after many of its short positions performed poorly.
BusinessWeek.com — Finance
Tiger Asia Management LLC, the New York-based hedge-fund being investigated by U.S. and Hong Kong regulators, told clients it is disappointed with its 2010 results after many of its short positions performed poorly.
BusinessWeek.com — Finance
Euro-area governments may under European Commission proposals be fined as much as 0.5 percent of their countries’ gross domestic product if they ignore recommendations to fix economic imbalances, European Union President Herman Van Rompuy said.
BusinessWeek.com — Finance
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