Two senior German economists said on Saturday that a second EU bailout for Greece agreed last month is not enough to make its debt viable and that bondholders will have to incur even deeper losses.
Italian Economy Minister Giulio Tremonti stepped up calls for a more coordinated response to the euro zone debt crisis, including the creation of euro bonds, ahead of a crucial Franco-German summit next week.
What better place for someone like Bowie to reside in?
Don?t blame short sellers ? blame the ban on short selling for adding to an already volatile stock market.
Britain's finance minister called for some form of fiscal union to resolve the euro zone's debt crisis on Saturday, while his Italian counterpart renewed a call for the introduction of common euro zone bonds.
The young Northern Irish star is 10 strokes behind the leader.
Researchers at a leading European business school are blasting financial regulators in France, Belgium, Italy and Spain for imposing or extending short-selling bans in the wake of renewed market volatility.
After a week of gyrations that's seen the Dow Jones Industrial Average rise or fall 400 points for four straight days, it's understandable if U.S. investors are bewildered. Given the tumult, what stance should investors adopt now?
French economic growth ground to a halt as household spending shrank in the second quarter, raising pressure on the government to announce cutbacks to convince turbulent markets it will deliver on debt reduction targets.
Solar industry revenue will shrink before it begins to rise again because dramatic price declines on solar panels will outweigh corresponding volume increases, according to a new report by Lux Research.
Erika Schallert fled East Berlin on August 15, 1961, with nothing but the clothes she was wearing and her half-finished wedding dress, determined that nothing was going to stop her getting married -- not even the Berlin Wall.
The Dow Jones industrial average rebounded on Thursday soaring 423.37 points, or 3.95 percent, to 11143.31, after a disappointing 520-point loss on Wednesday, the ninth-largest point drop ever, because of growing fears about the health of Europe's banks and the probabilities of a global economic recession. Meanwhile, the Nasdaq gained 111.63 points, or 4.69 per cent, to 2,492.68.
Arsenal have plenty of moves to make in the next few days.
Syrian forces killed at least five people in an assault on two northern towns on Thursday, activists said, pursuing a military campaign to crush protests against President Bashar al-Assad despite new U.S. sanctions and regional calls to end bloodshed.
Stocks jumped on Thursday as solid results from Cisco and mildly encouraging U.S. jobs data gave investors an excuse to scoop up shares beaten down in several days of sharp selling.
General Motors Co Chief Executive Dan Akerson told a German newspaper that Opel can be successful with its new cost structure, and reiterated the European brand was not for sale.
Stocks advanced more than 2 percent on Thursday in another volatile session as upbeat results from Cisco and a better-than-expected labor market report offset renewed concerns about the euro zone banking system.
The 93rd U.S. PGA Championship, the year's final major, began at Atlanta Athletic Club under sunny skies Thursday as four-times winner Tiger Woods prepared for an early morning teeoff.
A look at the action in Jurgen Klinsmann's debut
The top pre-market NASDAQ Stock Market gainers are: Cisco Systems, Primo Water, AMC Networks, News Corp., and Sequenom. The top pre-market NASDAQ Stock Market losers are: Elbit Imaging, Open Text, SodaStream International, American Superconductor, and Lululemon Athletica.
Italy's problem is not a high budget deficit but chronically weak growth, and forcing it to frontload austerity measures just as its economy is moving into yet another downturn may prove dangerously counter productive.
Amazon scored against Apple by launching its Kindle Cloud Reader, which is a Web-based app that helps it steer clear of restrictions Apple has placed in regard to its Appstore subscription rules.
