Martin Baccardax

Spain's biggest lender sees profits fall by 59 percent as the country's housing market collapse hits hard.

World's biggest planemaker notches up record earnings and order backlog.

Prime Minister Mariano Rajoy to unveil new stimulus measures but vows to stick to budget cut pledges.

Shares fall in London after Europe's second-largest tobacco group says illicit trade hit key markets in Europe and Russia

Record fine and five years' probation adds to multibillion cost for worst environmental disaster in US history.

Shares fall the most in at least six months as Libor scandal nears its expensive conclusion for state-owned lender

European Central Bank President headed Bank of Italy when lender was said to have hid millions in derivative losses.

World's largest platinum producer raises cost base at key Brazil mine for sixth time.

FTSE 100 passes 6,300 mark for the first time since May of 2008 as pound falls to 14-month low against the euro.

The world's oldest bank is accused of hiding millions in losses as it made pleas for a €4bn state rescue that involves Italy's political elite

European Free Trade Association Court Says Iceland's plan to gradually repay savers is within EU law.

Europe's biggest discount carrier nears €1bn in quarterly revenue as three-month traffic passes 17m

European banks repay nearly a third of emergency ECB loans after German business sentiment rises for a third consecutive month

David Cameron, George Osborne and Mervyn King have placed an all-in bet on Britain's economic future, says IBTimes Business Editor Martin Baccardax.

Ifo's key Business Climate Index rises 2 points as prospects for Europe's largest economy improve.

European share gains limited as investors parse mixed economic data around the single currency area.

Record unemployment in Spain and three-year low for manufacturing in France indicate growing divergence in eurozone.

David Cameron's vision for Britain and Europe ignores how closely the economy ties both of their futures.

Emerging market sales now more than half of total revenues for second-largest consumer brands group

Stock markets post modest declines as bond and currency traders prepare for David Cameron's key EU speech in London

Rose will replace outgoing chairman Michael Grade.

US markets closed for Martin Luther King holiday keep traders on the sidelines as investors await Bank of Japan policy decision.

Britain's tax code is both hopelessly complicated and deeply subjective. Clearer rules - not "public mood" - are the best way ensure fairness for everyone.

A joint Confederation of British Industry and PricewaterhouseCoopers survey says financial sector the most optimistic since global crisis

China's fourth-quarter rebound lifted the FTSE close to a five year high but weak retail sales keep investors cautious.

Bank's full-year profit remains in the red but solid fourth quarter and investment banking jobs cuts boost investor optimism.

World's biggest jet engine maker says Industrial unit ready to deliver "double-digit" earnings growth in 2013

Consumer demand remains elusive as investors turn on sterling amid bets of a new round of support from the Bank of England.

Chairman says he's 'deeply disappointed' with news of $14bn impairment of two of group's key mining assets.