The Australian dollar might get a boost if the country’s central bank, the Reserve Bank of Australia raises its interest rates in a meeting scheduled for Tuesday.
The warning swayed for the borrowers by the banking industry that if retail banks need to gear up their lending rates by over and above the Reserve Bank's modifications, they will.
The competition authority of France has imposed a fine to 11 French banks of 381.1 million euros for the crime of fixing cheque handling fees. According to reports, an unjustified fee of 4.3 cents was imposed on four-fifth of the cheques passed on in France during January 2002 to July 2007.
A group of 11 international banks have been fined to a total of $530 million for the colluding on the price of fee they charged their customer by the French authorities.
The chairman of HSBC bank, Stephen Green has became the most suitable man to become the trade minister for the coalition government but the appointment has not been finalized yet and expected to be announced within next
48 hours.
Many high profile business leaders have been approached for the role of trade minister but certainly Mr. Stephen Green looks as the best choice.
Britain's first new high street privately owned retail bank, Metro Bank has crossed its own target by achieving its one-year target for customer accounts within 5 weeks of the opening its first branch in London's Holborn district.
Metro Bank is an independent bank, supported by millionaire Vernon Hill, also the founder of same banking business in America in the 1970s.
The Royal Bank of Scotland has announced that it will cut about 3500 jobs from its back office and technical division in the UK and the bank is 80% owned by the government of UK.
The European Central Bank (ECB) has upped its forecast for the growth of Eurozone for this current year and next year.
According to the president of ECB Mr. Jean-Claude Trichet, the revised forecast was made after seeing the stringer than expected growth in the economy of Eurozone. He has made a forecast of GDP growth in between 1.4% to
As per the finding of a new study, talking on a mobile phone enhances systolic blood pressure which occurs with every heartbeat corresponding to the rush to attend it.
For this study, the researchers took 94 patients suffering with mild hypertension with an average age of 53. The participants were made to sit in consulting room of the...
At 11.10 pm, Barack Obama recorded a historic win by defeating his rival, Mitt Romney by 100 votes. Obama was given 303 electoral votes by the major networks, while Romney got 203.
Obama, the first African American President, was elected...
Objections have been imposed against Cathay Pacific Airways and Virgin Atlantic by the U.K....
A recent report has confirmed that former Warriors captain Peter Ndlovu would be sent to England...
Average price of gasoline has fallen by six cents since past two weeks and further plunge in the price is expected in the coming days.
The decrease is first in the prices since December. According to reports by the Lundberg Survey of fuel...
A debate was going since long about the legalization of marijuana for medical purposes. Finally...
As per reports, the researchers at the MIT have recently developed some injectable nanoparticles...
Nutrition scientists have recently revealed that the...
A research team has revealed that high ancient...
A white-and-black space plane, Dream Chaser, has arrived...
As per reports, scientists have discovered water trapped...
© 2010 FrenchTribune - Tribune Online Services. All times AEST (GMT +10).
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