March 28 Headlines
UK banks told to raise 25 bln pounds by year end
ICAP suffers as trading activity dwindles
Hackers mount widespread cyber attack
EADS approves new share structure
Cyprus imposes severe capital controls
Current account deficit hits 25-year high
Britain's banks must raise 25 billion pounds ($38 billion) of
extra capital by the end of the year to absorb any future losses
on loans, the central bank said, less than investors had
Shares of Interdealer broker ICAP fell on Wednesday
after it warned investors to brace for underwhelming full-year
One of the largest ever cyber attacks is slowing global internet
services after an European organisation blocking "spam" content
became a target.
Airbus parent EADS won backing for sweeping changes in its
structure, as shareholders tore up a Franco-German ownership
pact in favour of greater management freedom.
Cyprus will limit the use of cheques to businesses, cap cash
withdrawals and scrutinise all commercial transactions over
5,000 euros when banks reopen on Thursday.
Britain's current account deficit last year was the worst since
1989, data showed on Wednesday, dimming government hopes of a
growth boost from exports and investment.