LONDON - Top shares fell on Monday as the latest Italian bond auction dented investor confidence in the ability of new governments in Italy and Greece to tackle Europe's debt crisis. View original post here: FTSE off as investors subdued by euro zone doubts
Read Full StoryUS stocks fell Monday as wary markets kept an eye on political changes in Greece and Italy aimed at tackling the eurozone debt crisis. View original here: US stocks drop amid Greece, Italy jitters
Read Full StoryRIO DE JANEIRO - Petrobras cut investment in 2011 for the first time in eight years as Brazil's state-run energy company struggled to buy the equipment, technology and services needed to carry out a $225 billion expansion plan and exploit one of the world's most promising offshore oil frontiers.
02.11.2012 | Investing | admin
No CommentsNEW YORK - Stocks snapped a five-week winning streak on Friday and the euro slumped as planned wage and pension cuts in Greece hit a new obstacle, raising fear the country may not get the aid it needs to avoid a messy default. The leader of the smallest party in Prime Minister Lucas Papademos' coal
02.11.2012 | Investing | admin
No CommentsBRUSSELS - The European Union's statistics office Eurostat will release quarterly debt figures by country from Monday as the 27-nation bloc steps up its economic monitoring two years into a sovereign debt saga that is sapping the vigour out of its economy. Eurostat will release details of EU and eu
No CommentsGENEVA - Petroplus's UK administrator said on Sunday that it had bought a cargo of crude oil for processing at its Coryton plant as it seeks to conclude negotiations with interested parties to save the plant. Switzerland's Petroplus, the owner of the 175,000 barrel per day plant near London, has fi
No CommentsLONDON - Top shares surged on Friday as a surprisingly strong U.S. See more here: Earnings, U.S. data lift FTSE to best week in 2 months
No CommentsATHENS - Greece has agreed to recapitalise its struggling banks after a planned bond swap largely through common shares with restricted voting rights, a banking source told Reuters on Saturday. The banks are expected to require recapitalisation because of impaired loans and losses from a bond swap t
No CommentsLONDON - British fashion group French Connection posted its second profit warning in less than three months on Friday, blaming poor trading in the key Christmas period. Shares in the firm fell up to 7 percent after it said it now expected a year to January 31 pretax profit of about 4.7 million pound
No CommentsA strong January jobs report on Friday sent US stocks soaring, pushing the Dow to pre-crisis levels, as investors celebrated a surge in job growth that pointed to new vitality in the fragile recovery. Here is the original: US stocks cheer strong jobs data
No Comments- Rupert Murdoch's News Corp on Thursday named Bloomberg LP executive Lex Fenwick as chief executive officer of its Dow Jones & Co unit which houses its Wall Street Journal newspaper. Fenwick, a 25-year Bloomberg veteran, will join Dow Jones on February 13 and report to News Corp President Chase Ca
No CommentsTOKYO - Asian shares and major currencies were stuck in ranges on Friday ahead of key U.S. jobs data, which will offer more clues over the state of the world's largest economy, while Greek debt restructuring talks dragged on See original here: Asian markets hold ranges before U.S. jobs data
No Comments
