Air France-KLM to axe 5,000 jobs

Air France-KLM to axe 5,000 jobs

Franco-Dutch airline warns it could resort to compulsory redundancies amid €2bn cost-cutting programme if no agreement is reached with unions

Ireland fines UBS for lack of controls

Ireland fines UBS for lack of controls

Swiss bank fails to comply with law aimed at preventing financial firms from being used to launder money and finance terrorism

Dixons to shut 60 stores as losses go on

Dixons to shut 60 stores as losses go on

Store closures likely over next four years as writedowns on businesses in southern Europe drag UK electrical retailer down to £119m annual loss

IMF challenges Berlin's crisis response

IMF challenges Berlin's crisis response

IMF chief says leaders need to tackle crisis with resumption of bond buying by the ECB and the pumping of bailout money directly into teetering banks
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