If governments throw enough money at the system, a strong, near-term rally should happen, investor Marc Faber told CNBC. But if it fails to materialize, prepare for an unprecedented depression.
In June CNBC launched a competition to find a green start-up business and had over 200 entries from all over Europe. Philippa Malmgren, president of Principalis Asset Management, considers the final three projects.
UK banking regulations were under the spotlight again Thursday as proposals from city expert Sir David Walker were formally reviewed. Jon Dymond, director of Hay Group, has analysis of the proposals.