Bad loans at Europe's banks still double U.S. level - regulator LONDON, Nov 24- The scale of bad loans held by banks in the European Union is "a major concern" and more than double the level in the United States, despite an improvement in recent years, the EU's banking regulator said on Tuesday. But that compares with an average of less than 3 percent in the United States and even lower in Asia, according to the European Banking...
| By: Steve Slater and Huw Jones
UPDATE 3-Car emissions campaigners turn sights on Renault Renault contests the DUH body's findings. BERLIN/ LONDON, Nov 24- Renault's flagship Espace minivan released toxic diesel emissions 25 times legal limits in a Swiss study, despite complying with EU tests carried out at unrealistically low engine temperatures, a German environmental group said on Tuesday. The DUH, which had earlier singled out General Motors'...
A country threatened by a $400 billion ripoff Greek bank stocks are being diluted as foreign vulture funds drive down stock prices. Can Greek regulators stop the hemorrhaging?
| By: By Nasos Koukakis, special to CNBC.com
UPDATE 2-Renault in campaigners' sights as diesel ripples spread *No immediate comment from Renault. BERLIN/ LONDON, Nov 24- Renault's flagship Espace minivan released toxic diesel emissions 25 times legal limits in a Swiss study despite complying with EU tests carried out at unrealistically low engine temperatures, a German green group said on Tuesday. The DUH, which had earlier singled out General Motors' Opel brand over...
| By: Andreas Cremer and Laurence Frost
ANALYSIS-Britain needs to start doing favours to win EU friends But since 2010, Prime Minister David Cameron's government has largely neglected the practice to avoid upsetting sceptics in his ruling Conservative party who resent Britain's loss of sovereignty to the EU. Partly as a result, London's influence in the corridors of Brussels has diminished. "All along, Cameron has not understood that solidarity matters," said...
| By: Paul Taylor
Ukraine blockades blacked-out Crimea Ukraine responded to Russia's demands to restore power to a blacked-out Crimea by imposing a blockade on all freight shipments to the peninsula. The FT reports.
Source: Financial Times
| By: Jack Farchy