Property deals plunge in eurozone periphery

Property deals plunge in eurozone periphery

The 65% fall in transactions highlights the extent of investor reluctance to hold fixed assets in countries seen as most in danger of exiting the euro area

Shell set to gain Arctic drilling permits

Shell set to gain Arctic drilling permits

Oil company has met US regulator's technical standards for preventing and containing spills, Ken Salazar, US interior secretary, says

United backs US airline consolidation

United backs US airline consolidation

Largest US airline by revenue supports more consolidation of the domestic market and would not object to a merger between US Airways and American Airlines

Spanish stress test bars foreign banks

Spanish stress test bars foreign banks

In the runup to a bailout, foreign-owned lenders are excluded from the test, as their stronger capitalisation risks skewing the aggregate figures
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