European Union

Lawyers in the United States were predicting a wave of legal action last night in the wake of the $1bn fraud charge brought against Goldman Sachs by the US Securities and Exchange Commission.

Greece sold more debt than expected today as investors snapped up the issuance of short-term government bonds.

While it is undoubtedly premature to prepare the obituary for European monetary union, the financial downturn of the past few years has mercilessly exposed its inherent flaws.

European finance ministers have delayed a vote on controversial new regulations on hedge funds and private equity investments after failing to reach an agreement on proposed reforms.

Piers Denne of Future Capital Partners says the renewable energy sector offers investors opportunities that do not carry the inherent risk of ‘new' technology.

Future Fuels is raising a £40m fund to invest in the British Renewable Transport Fuel (RTF) market.

Aegon manager warns of possible knock-on effect from struggling European countries

Sarasin's Daniel Briggs has reduced sterling and euro exposure in the £231m GlobalSar IIID fund over concerns for public sector deficits.

The Dow Jones has opened more than 1.2% higher in early trading as investors reacted positively to signs Greece could get help from the European Union.

London's financial community feels it is fighting a war on two fronts: the prospect of being hamstrung by pending EU measures and suffering targeted attacks from the government at home.