Zimbabweans finally got access to
new low-denomination currency on Tuesday that authorities hope
will end chronic cash shortages, but banks maintained an
existing weekly withdrawal limit of $20, frustrating many
Lebanon's banks and schools were
shut on Tuesday in a new wave of disruption amid urgent
political efforts to form a new government to steer the country
out of its worst economic crisis since the 1975-90 civil war.
The European Commission could
propose new rules on bank capital in the European Union by June,
to introduce a reform that was agreed globally nearly two years
ago, the EU finance commissioner said on Tuesday.
British property developer Land
Securities Group reported a pretax loss for the first
half, hit by a raft of store closures as retailers face the
impact of slack consumer sentiment and the shift to more online
Information services firm Experian Plc
reported higher first-half profit on Tuesday, citing
strong business in its main North American market, and said
organic revenue growth would reach the upper end of its prior
targets for the year.