Action by central banks unlikely to help euro banks
Coordinated action by the world's top central banks to step up dollar lending, which sent markets
View ArticleKuwait traders wary despite mkt gains
Kuwait's index made its largest gain since mid-October on Thursday, but investors remained wary
View ArticleOlympus won't get extension on reporting deadline: sources
Japanese regulators will not extend a deadline for Olympus to report its financial results,
View ArticleA change in attitudes key challenge for Greece
The crippling debt crisis has dominated Greek political life for the past two years but more
View ArticleGold hits 2-wk highs after central banks act
Gold hit two-week highs on Thursday after a coordinated effort by the world's largest central banks
View ArticleEU may study oil embargo on Iran; China urges calm
The European Union tightened sanctions against Iran on Thursday and laid out plans for a possible
View ArticleECB opens door to action, Sarkozy seeks new treaty
The new head of the European Central Bank signaled on Thursday it stood ready to act more aggressively
View ArticleAnalysis: Cisco set on proving it can succeed in tablet market
Cisco Systems Inc is stepping up its push to sell its Cius tablet computers to corporate customers,
View ArticleMarkets rise on euro hopes, US jobs improvement
Global markets rose on Friday as investors welcomed German Chancellor Angela Merkel's call
View ArticleMarkets buoyed by euro crisis resolution hopes
Markets rallied further Monday on hopes that Europe's leaders will agree on a plan to restore
View ArticleGermany's Merkel fights for euro, Cameron for UK
British Prime Minister David Cameron threatened on Friday to obstruct a Franco-German drive
View ArticleGold eases after rally, eyes US jobs report
Gold fell in light trade on Thursday, snapping a three-day rally, as the bullion market took a
View ArticleOil hovers at $100 ahead of key US jobs report
Oil prices rose to above $101 a barrel Friday as traders awaited a U.S. jobs report for evidence
View ArticleOil price retreats on renewed Europe concerns
Oil prices slipped from two-week highs Monday on reports that Standard & Poors may downgrade
View ArticleHonda announces global recall for air bag problems
Honda Motor Co. is recalling 304,000 vehicles globally for air bags that may inflate with too
View ArticleEurope's crisis won't rob sparkle from Christmas
Even as European governments scramble to save the debt-saddled eurozone, and turn the screw
View ArticleMerkel wants treaty rewrite to fix euro
German Chancellor Angela Merkel has pushed forward with what markets see as an emerging plan
View ArticleBlackstone, Bain plan Yahoo bid: source
Blackstone Group and Bain Capital are preparing a bid for all of Yahoo Inc with Asian partners
View ArticleLondon Olympics under fire for Dow Chemical ties
Just a few months ago, Dow Chemical was hailed by the organizers of the London Olympics for
View ArticleMagic Johnson joins bid to buy Los Angeles Dodgers
The Los Angeles Dodgers could be ready for a little Magic. Magic Johnson has joined a group
View ArticleGlobal market euphoria runs out of steam
A rally on global markets stalled Thursday as euphoria over major central banks' coordinated
View ArticleCroatia opposition set to win vote on economy ticket
Croatia's center-left opposition looks set to win Sunday's parliamentary election as voters
View ArticleCentral banks move to stabilize financial system
The central banks of the wealthiest countries, trying to prevent a debt crisis in Europe from
View ArticleMobile number portability not much of a hit
New Delhi, Dec 4 (IANS) About a year into operation, mobile number portability (MNP) that allowed
View ArticleS&P piles pressure on Franco-German EU budget plan
The leaders of France and Germany agreed a master plan involving treaty change on Monday to
View ArticleDebt funds needed in all eurozone states: Germany
Every country in the euro zone needs to set up a special national fund for sovereign debt that
View ArticleMichael Kors files for IPO valued at about $900 mn
Michael Kors Holdings Ltd, the US luxury fashion and accessories brand, announced that it was
View ArticleItaly PM unveils sweeping austerity package
Prime Minister Mario Monti unveiled a 30-billion-euro ($40.3 billion) package of austerity
View ArticleWhistle-blowing ex-CEO resigns from Olympus board
The whistle-blowing former chief executive of Japan's Olympus Corp. resigned as a director
View ArticleDubai ruler's firm vows to repay $500M in bonds
An indebted investment company controlled by Dubai's ruler vowed Tuesday to repay $500 million
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