GERMANY

Germany wants Greece to give up budget control

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Germany is pushing for Greece to relinquish control over its budget policy to European institutions as part of discussions over a second rescue package, a European source told Reuters on Friday.
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RIM CEO eyes significant plans for BlackBerry

Research in Motion's Thorsten Heins plans to waste no time in his new job. The BlackBerry maker's chief executive said he will present the board with his plan for company's future in just a matter of weeks.
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Twitter to restrict user content in some countries

Twitter announced Thursday that it would begin restricting Tweets in specific countries, renewing questions about how the social media platform will handle issues of free speech as it rapidly expands its global user base.
A Twitter page is displayed on a laptop computer in Los Angeles

Twitter to Censor Content in Some Countries

Twitter announced Thursday that it would begin censoring Tweets in certain countries, marking a policy shift for the social media platform that helped propel the popular uprisings.
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Greeks Progress Toward Deal with Private Creditors

Greece and its private creditors made progress Thursday in talks on restructuring its debt, both sides said, and they will continue negotiating on Friday with the aim of sealing an agreement within a few days.
Twitter Bows to Big Brother

Twitter Bows to Big Brother

Twitter, the social network many have lauded as the launching pad for several protests around the world, has just changed its privacy policy. Twitter made the announcement the company's official blog: We give ourselves the ability to reactively withhold content from users in a specific country - while keeping it available in the rest of the world, said the post. We have also built in a way to communicate transparently to users when content is withheld, and why.
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Europe searches for mythical jobs and growth formula

Since the start of the year, one phrase has tripped off the lips of European leaders more than any other: jobs and growth. After two years of debt crisis and budget austerity, there is a strong desire to shift the narrative on.
German Chancellor Merkel speaks during the opening of the Annual Meeting 2012 at the World Economic Forum (WEF) in Davos

Merkel Says Greek Debt Talks on 'Good Path'

German Chancellor Angela Merkel said on Thursday talks between the Greek government and its private creditors were on track but next Monday's EU summit would focus on how to boost growth and employment in Europe rather than Greece's predicament.
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Merkel says Greek debt talks on good path

German Chancellor Angela Merkel said on Thursday talks between the Greek government and its private creditors were on track but next Monday's EU summit would focus on how to boost growth and employment in Europe rather than Greece's predicament.
Charles Dallara

ECB at Center as Greek Debt Talks Resume

Greece's tortuous negotiations over a debt swap with private creditors entered a new phase on Thursday with focus on how much the European Central Bank and other public creditors may need to contribute.
People shop in the newly opened Hennes & Mauritz (H&M) store in Moscow

Hennes & Mauritz Issues Gloomy Outlook

World No.2 fashion retailer Hennes & Mauritz (HMb.ST) said a gloomy economic outlook would keep demand subdued this year and discounting to shift unsold stock, which led to a surprise drop in fourth-quarter profit, had continued into January.
IMF managing director Christine Lagarde may have hinted that the Federal Reserve should roll out QE3

Greek Debt Talks Resume in Race Against the Clock

Greece resumes tortuous negotiations on a debt swap with private creditors in Athens on Thursday, with all eyes on the European Central Bank after IMF chief Christine Lagarde said public sector holders of Greek debt may need to take a haircut too.
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Creditors could accept lower coupon on Greek bonds: media

Greece's private creditors are willing to improve their final offer of a four percent interest rate on new Greek bonds in order to clinch a deal in time to avert a messy default, Greek media said on Thursday without quoting any sources.
Asian Stocks

Asian Markets Rise on Federal Reserve Rate Outlook

Equities, commodities and the euro extended gains Thursday after the U.S. Federal Reserve said it would keep interest rates low for a much longer-than-expected period, providing ample liquidity to help spur growth.

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