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The president of Bankia tried Saturday to calm fears about the future of the bank, saying Spain's second largest mortgage lender will emerge as a solid financial entity after it receives (EURO)23.5 billion ($29.5 billion) in state aid in the country's biggest-ever bank bailout.
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Austria's finance minister is rejecting the idea of introducing jointly issued eurobonds any time soon and says that running up new debts to finance growth is "nonsense."
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To say that Facebook's debut as a public company was bungled is something like saying Facebook is a website you might have heard of.
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International Monetary Fund chief Christine Lagarde says she has more sympathy for poor African children than Greeks suffering under the country's economic problems and austerity measures.
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Barbara Kydd Graves, the wife of the publisher of Black Enterprise Magazine who aided in the growth of the publication and media company, died Friday.
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