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ATHENS: An overwhelming majority of Greeks believe new austerity measures the government has promised its international lenders in exchange for more financial aid are unfair and hurt the poorest sections of society, according to a poll on Saturday.
DUBAI: Royal Bank of Scotland and two other banks have abandoned talks on restructuring Dubai Group’s US$10bil debt and threatened to bring unprecedented legal action against the investment vehicle of Dubai’s ruler, sources close to the matter said.
BUENOS AIRES: Public-sector workers in Argentina's largest province went on strike over pay on Wednesday in a challenge to the popular, centrist governor seen as a potential successor to President Cristina Fernandez.
NEW YORK/OAKLAND, California (Reuters) - Occupy Wall Street protesters smashed windows in Seattle, fled police on scooters through the streets of New York and clashed with officers in Oakland on Tuesday in May Day demonstrations intended to revive their movement against economic injustice.
PETALING JAYA: The grand deal that would have created a regional banking champion has fallen flat even before it could take off. Barely a month after they expressed their interest to take over RHB Capital Bhd, both Malayan Banking Bhd (Maybank) and CIMB Group Holdings Bhd announced yesterday that they were no longer pursuing merger talks with the country's fifth largest bank.
PLUS Expressways Bhd received approval from its shareholders on a RM23bil takeover bid by major shareholder UEM Group and the Employee Provident Fund (EPF) despite a small ruckus followed by a walkout of minority shareholders.