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LONDON: The surprise decision by euro zone leaders to part-fund a bailout of Cyprus by taxing bank deposits sent shockwaves through financial markets on Monday, with shares, the euro and the bonds of struggling euro zone governments all tumbling.
LONDON: The UK government is set to pledge ahead of Wednesday's budget, a significant investment into the country's aerospace industry as part of a long-term strategy to spur growth and keep the industry ahead of international competition.
NEW DELHI: Indian Defence Minister A.K. Antony is leaning toward barring Anglo-Italian helicopter firm AgustaWestland from doing business in the country because of a corruption scandal, but he could be outvoted by cabinet colleagues, several government sources said.