Britain's second largest bank, Royal Bank of Scotland, is to ask shareholders for about £10 billion of extra cash to improve its financial position, reports BBC.
New York based Citigroup has suffered a second massive loss and is cutting 9,000 jobs as the credit crisis continues to take its toll on the biggest US bank.
With no forecasts of change, smoke blanketing Buenos Aires and extending to neighboring Uruguay has thickened forcing local authorities to close airports, major highways and declare a yellow alert in many hospitals.
The Argentine Navy scientific research vessel Puerto Deseado set to sea last Thursday towards the Falkland Islands to conclude collecting data and double checking on previous information referred to the outer limits of the continental shelf, contemplated in the United Nations Conference on the Law of the Sea, reports the Argentine press.