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Lenovo buys German computer seller Medion

Chinese computer maker Lenovo Group Ltd's has agreed to buy Germany's Medion AG in a deal valuing the electronics retailer at up to $900 million, to boost its market share in Europe.
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Trichet suggests finance ministry for euro zone

The 17-nation euro zone should consider establishing a central finance ministry as it tightens coordination of national economic policies to fight crises, the head of the bloc's central bank said on Thursday.
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US stocks slump on weak economic data

U.S. stocks slumped on Wednesday, marking the biggest decline since August, as weaker-than-expected reports on ADP private sector employment and ISM manufacturing raised concerns about the current economic soft patch.
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NYSE bid for LCH would give Markit OTC biz: source

NYSE Euronext's bid for European clearinghouse LCH.Clearnet would give Markit a majority stake and control of the lucrative over-the-counter swaps business, a source familiar with the plan said on Wednesday.
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Greece nears IMF/EU deal and dismisses drachma talk

Greece should complete talks by the end of the week with EU and IMF inspectors on a medium-term budget plan plus a vital next slice of international aid, sources close to the negotiations said on Wednesday.
A farmer unloads discarded cucumbers to feed his goats in Algarrobo

E. Coli Outbreak in Europe Kills 16

German health officials say 16 people have been killed in the country so far by an E.coli outbreak. Officials have yet to figure out the source of the outbreak.
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Germany sees IMF and EU staying involved in Greece

Germany expects the European Union and the International Monetary Fund to remain involved jointly in any continued aid program for debt-laden Greece, a finance ministry spokesman said on Wednesday. The comments contradict an earlier report in the Frankfurter Allgemeine Zeitung newspaper which had said it appeared certain the IMF would not contribute its share of the next tranche of aid under Greec...
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Greece nears IMF/EU deal, dismisses drachma talk

Greece should complete talks by the end of the week with inspectors from the EU and IMF on a medium-term budget plan plus a vital next slice of international aid, sources close to the negotiations said on Wednesday.
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Greece to complete bailout talks by Thursday: paper

Greece and a team of EU/IMF/ECB inspectors are set to conclude talks by Thursday on a medium-term fiscal plan including the government's progress toward meeting budget targets, a Greek newspaper reported on Wednesday.
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Greece moves on austerity deal, opposition wants more

Greece appears to have agreed a tax cut with its international lenders, aimed at forging a broad consensus for more austerity to avoid a debt default, but the opposition said on Tuesday this would still not win its support.

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