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ECB tests find 800-850 million euro shortfall at PTSB: source

European bank stress tests have found that Ireland's permanent tsb (PTSB) (IPM.I) had a capital shortfall of 800 million to 850 million euros at the end of 2013, a source familiar with the process said on Friday.


Napoleon's two-cornered hat up for grabs at French auction

Rarely have a man and his hat been so linked in the collective imagination as Napoleon and his black, two-cornered hat. Next month, a "bicorne" felt hat thought to have belonged to the French emperor will be up for auction in Fontainebleau in what the auctioneer calls the "sale of a century" for fans of the legendary leader.

Merkel voices support for Draghi after report of tensions

German Chancellor Angela Merkel thanked ECB President Mario Draghi for spelling out to leaders at an EU summit that governments must play a role in boosting the faltering euro zone economy, and said it was their firm intention to do so.

Google's Pichai to oversee major products and services

Google Inc Chief Executive Officer Larry Page has put Sundar Pichai, one of his key lieutenants, in charge of the Internet company's products.


Latest News

NBA Rumors surrounding the 21 year old Power Forward Anthony Davis who is heading for a break out year this coming season with the New Orleans Pelicans.
NBA News and rumors surrounding Steve Nash who has yet to make a decision on retiring after suffering a recurring back injury. The Los Angeles Lakers should be looking at their options with regards to the point guard's current status and his impending retirement.
2014 NBA Trade Rumors surrounding the Brooklyn Nets who wont get any significant value in return if they trade Marquis Teague to the Philadelphia 76ers.
2014-15 NBA Player Rankings putiing LaMarcus Aldridge in the top of the list of best Power Forwards according to a GM survey conducted by NBA.com.
"Party Down South 2" will feature 8 new Southerners as the viewers follow their journey through partying in the summer. Meanwhile, the original cast will be returning for season 3 in February 2015.
NBA rumors surrounding Jordan Crawford who snubbed the NBA and an offer from the Sacramento Kings because he wasn't comfortable with a backup role.
2014-15 NBA Season Predictions surrounding the San Antonio Spurs who will repeat as NBA Champions according to a GM survey conducted by NBA.com.
Mobile telecoms gear maker Ericsson said on Friday a slowdown in North America created uncertainty over fourth quarter sales as operators cut spending after big investments in high-speed networks.
Global stock markets were heading for their best week of the year on Friday following reassuring company results, encouraging data from the world's biggest economies and signs the ECB is upping its efforts to lift Europe.
U.S. stock index futures fell on Friday, putting the S&P 500 on track to trim its weekly advance, following disappointing earnings from Amazon and as the first diagnosed case of Ebola in New York City raised concerns about the spread of the virus.