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Rating cut by Moody's for 6 German, 3 Austrian banks amid eurozone crisis

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Moody's Investors Service has downgraded six banks in Germany and three in Austria amid...

Forecasting Scotch whisky demand growth, Diageo plans 1bn pounds investment

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Premium drinks group Diageo is planning over 1billion pounds investment to scale-up its...

Sharp dip in UK business confidence in economic growth

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Business confidence in the economy plunged in May as the UK companies strived to come to...

EC plan to stop taxpayers money being used for bailout of banks

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Moving a step towards banking union, the European Commission Wednesday unveiled proposal...