Despite the relative calm, the cost of hedging against sharp swings in the euro against the dollar over the next week, which covers the period of Greece’s referendum, jumped to its highest in over five years

The euro proved broadly resilient on Monday to Greece’s moving one step closer to an exit from the single currency, helped by intervention by the Swis(...)

Lloyds, which had to be rescued by British taxpayers in 2009, argued that the terms of the bonds allowed for the so-called enhanced capital notes to be redeemed at face value since they no longer qualified as regulatory capital.

British bank Lloyds has lost a court ruling, preventing it from redeeming as much as £3.3 billion of contingent capital bonds. Lloyds, which had to b(...)

Domino’s Pizza: results out Thursday. Photograph: REUTERS/Luke MacGregor
For your diary

TODAY Results: Hasbro; M&T Bank; Morgan Stanley; Sanmina. Indicators: Euro zone construction output (Feb); US Chicago Fed national activity index (...)

 130 Pearse Street, Dublin:  four-storey over basement apartment block with nine residential units and a vacant shop on the ground floor

A four-storey over basement apartment block with nine residential units and a vacant shop on the ground floor is to be offered for sale at 130 Pearse (...)

Out today: Irish trade balance figures for August
For your diary

TODAY Results: Kuehne + Nagel; Omnicom. Meetings: RIAI annual conference (RDS, Dublin). Indicators: Irish trade balance (Aug); Chinese trade balance ((...)

The headquarters building of Janus Capital Group  in Denver, Colorado. Bill Gross announced last week that he left Pacific Investment Management Co. (Pimco), the bond giant he helped found 43 years ago to join Janus Capital Group Inc. Photograph: Matthew Staver/Bloomberg

Investors yanked a record $446.5 million from an exchange-traded fund managed by Pacific Investment Management Co. (PIMCO) co-founder Bill Gross after(...)

A woman walks past a poster with pictures of Argentina’s president Cristina Fernandez de Kirchner and US  District Court for the Southern District of New York Judge Thomas Griesa, depicted as Uncle Sam, near the Argentine Congress in Buenos Aires. Photograph: Marcos Brindicci/Reuters

In a rare move, a US judge held Argentina in contempt, saying the country is taking “illegal” steps to evade his orders in a longstanding dispute with(...)

Members of Argentina’s chamber of deputies begin a debate over a bill to locally pay the bondholders who can not collect in the United States due a judge in New York on behalf of investment funds that are suing the South American country. Photograph: Fernando Sturla/EPA

Argentina’s Congress gave final approval today to a law proposing to restructure the country’s debt to skirt a US court ruling that forced it into its(...)

The pound slid the most in 14 months this morning ahead of the referendum on Scottish independence which will take place on September 18th, when Scotland will vote whether or not to end the 307-year-old union with the rest of the United Kingdom. Photograph: Russell Cheyne/Reuters

The pound slid the most in 14 months and UK stocks and bonds dropped after a poll showed a majority of voters in favor of Scottish independence. The B(...)

Argentina’s president Cristina Fernandez de Kirchner (front) inspects a guard of honour after arriving at Silvio Pettirossi airport in Luque near Asuncion. Photograph:Jorge Adorno/Reuters

Argentina came out swinging today against the US judge overseeing its debt default case, in defiance of a threatened contempt order, and disappointed (...)