Spain nationalizes No. 4 bank as crisis deepens
Spain’s government says it will take control of the country’s fourth largest bank and effectively nationalize it to shore up the nation’s hurting banking sector. CBC | Business News…
Spain takes over Bankia to steady ailing sector – Reuters
CBC.ca Spain takes over Bankia to steady ailing sectorReuters* State says will inject more capital in Bankia as needed * Says Bankia solvent, continues normal operations * More banking reforms…
Spain takes 45% stake in Bankia – Financial Times
Financial Times Spain takes 45% stake in BankiaFinancial TimesBy Miles Johnson in Madrid and David Oakley in London Spain has taken a 45 per cent stake in Bankia, the country's…
SNC-Lavalin hit with $1.5B class action suit from investors
A Toronto law firm has filed a $ 1.5 billion lawsuit on behalf of investors in SNC-Lavalin, alleging the company’s directors are liable for the firm’s cratered stock price. CBC…
US STOCKS-Wall St trims losses on Greece money – Reuters
USA TODAY US STOCKS-Wall St trims losses on Greece moneyReuters* Greece to get 5.2-bln-euro aid tranche -euro-zone official * Spain to demand banks set aside $ 45 bln -sources *…
CRTC orders TV ads to turn down the volume
The CRTC published today its final set of regulations requiring television advertisers to tone down the loudness of their TV ads. CBC | Business News…
Syriza’s Tsipras to meet Greece’s pro-bailout parties – BBC News
BBC News Syriza's Tsipras to meet Greece's pro-bailout partiesBBC NewsThe leader of Greece's left-wing Syriza bloc is continuing attempts to form a government after elections on Sunday produced an inconclusive…
Disney shares hit all-time high on earnings – CNNMoney
Forbes Disney shares hit all-time high on earningsCNNMoneyBy James O'Toole @CNNMoneyInvest May 8, 2012: 6:30 PM ET Shares of Walt Disney Co. (DIS, Fortune 500) hit an all-time high in…
Credit card fees targeted by competition tribunal
The fees merchants are charged to process credit card transactions are the target of a federal Competition Bureau tribunal in Ottawa today. CBC | Business News…
EU Uses Hollande’s Victory, Greek Tumult to Preach Growth – Bloomberg
Bloomberg EU Uses Hollande's Victory, Greek Tumult to Preach GrowthBloombergThe European Commission appealed for pro-growth policies after France's first power shift to a Socialist president since 1981 and Greece's electoral…
