GERMANY

Stocks fall on uncertainty over EU summit

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Stocks fell on Thursday as investors struggled with uncertainty surrounding the upcoming European summit on the debt crisis and sought direction from corporate earnings.

Wall St slips on euro fund uncertainty

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Major U.S. stock indexes reversed direction to turn lower in morning trading on Thursday as more doubts emerged over whether European leaders could reach a deal on further strengthening the region's rescue fund.
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EU agrees on bank capital needs, split over bailout fund

The European Union has agreed that around 100 billion euros is needed to recapitalise the European banking system, but splits remain before a high-profile summit on Sunday over how to strengthen the euro zone's bailout fund.
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Pakistan Hopes to Join India on U.N. Council

Pakistan hopes to win a seat on the U.N. Security Council as a temporary member alongside archrival India when the United Nations holds annual elections to the 15-nation body on Friday.
Susan Sarandon

Sarandon 'Nazi Pope' Backlash Ignoring Bigger Problem, Used for Political Gain

When Susan Sarandon called Pope Benedict XVI a Nazi, numerous religious groups condemned the actress, and rightly so. In a bizarre and disturbing twist, however, Sarandon's notoriety has now spread to her support of Occupy Wall Street, with many grouping her comments and her activism as examples of liberal ignorance and hypocrisy. In the process, we lose the opportunity to condemn the use of rampant Nazi and Hitler comparisons in general, a widespread phenomenon recorded en ma...
Gold pellets

Gold Eases Fractionally, Euro Sentiment Up

Gold eased on Wednesday as growing hopes of a resolution to the Eurozone debt crisis persuaded investors to shrug off a downgrade to Spain's credit rating and buy riskier assets such as equities.
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Nasdaq lower after Apple profit miss

The Nasdaq fell on Wednesday after technology heavyweight Apple missed earnings expectations, while the other big indexes were little changed after a run-up in the last session on a report Europe would beef up its crisis fund.
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Nasdaq set to drop after Apple profit miss

The Nasdaq was set to fall on Wednesday after technology heavyweight Apple missed earnings expectations, while the other big indexes looked to open little changed after a run-up in the last session on a report Europe would beef up its crisis fund.
Traders work on the floor of the New York Stock Exchange

Apple Earnings Miss Drags on Nasdaq Futures

Nasdaq index futures fell on Wednesday after technology heavyweight Apple missed earnings expectations, while the broader market was little changed after a big run-up in the last session on a report Europe may beef up its crisis fund.
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Swiss should limit tax deals to EU: Geneva banker

Switzerland should not agree to tax deals with countries beyond the European Union so as to ease economic integration with the bloc and avoid even bigger costs for Swiss banks, the deputy head of the Geneva Financial Center said on Wednesday.
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Music streaming site Deezer to launch in 100 countries

French on-line music streaming service Deezer will launch in more than 100 countries in the coming weeks, and the start-up is negotiating with roughly a dozen telecom operators on partnerships in a bid to expand its global reach.
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Gold Steady as Investors Await Weekend Summit

Gold prices held steady on Wednesday, shrugging off the downgrade of Spain's sovereign credit rating, as investors wait for clarity on Europe's plans to tackle the debt crisis at this weekend's European Union summit.
Actress Susan Sarandon

Susan Sarandon Calls Pope Benedict a Nazi

Actress and social activist Susan Sarandon reportedly called Pope Benedict XVI a Nazi, during a public discussion at a film festival in New York City. The remark, not unnaturally, has drawn criticism from both Catholic and Jewish groups.

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