The FINANCIAL -- President Shimon Peres had talks with Greek Cypriot leader Dimitris Christofias during a key visit to the island on Thursday, discussing gas finds in the eastern Mediterranean, a discovery that has sparked a crisis between Turkey and Greek Cyprus.

The FINANCIAL -- The Bank of England Thursday said it will buy another GBP50 billion of U.K. government bonds with freshly-created money in an effort to shore up the fragile economy.

The FINANCIAL -- The owner and operating company of coffee shop chain St Ali has rebranded as part of its strategy to consolidate its operations within the UK.

The FINANCIAL -- Tata Consultancy Services, the leading IT services, consulting and business solutions firm, and Mitsubishi Corporation, an integrated global business enterprise, announced a new joint venture, Nippon TCS Solution Center, for the Japanese market.

The FINANCIAL -- ING Group’s full-year 2011 net result was EUR 5,766 million, or EUR 1.52 per share, according to ING Groep N.V., including divestments, discontinued operations and special items. The 4Q11 underlying net result was EUR -516 million. The 4Q11 net result was EUR 1,186 million, or EUR 0.31 per share.