Markets stumble on World Bank pessimism
Global stock markets slid Monday alongside oil prices as the more optimistic investors reined in their expectations for the global economy after the World Bank warned that the downturn would be deeper than it previously predicted. The Washington,...

CEO pay deal roils RBS shareholders
Shareholders in Royal Bank of Scotland PLC (RBS) reacted angrily Monday to a prospective pay deal for the new chief executive, which would give Stephen Hester a total of £9.6 million (US$15.7 million) if he succeeds in turning around the ailing bank.