Some authorities have already required banks to increase their capital ratios and reduce risk to withstand the financial turmoil.

The IOC has rejected a bid by Europe's public broadcasters to buy rights to show the 2014 and 2016 Olympics, the European Broadcasting Union said ... more

Consultant's book recommends "stepping back from the metaphorical baggage claim in life."

Emergency measures were announced to stimulate lending, including a plan to let commercial banks borrow unlimited funds from the central bank at low rates.

European companies with debt maturing soon should refinance before the competition heats up next year, analysts say.

The Kurdish regional government released a pointed rebuttal to Prime Minister Nuri Kamal al-Maliki's recent criticism of its policies, a sign of growing fault lines ... more