Result Page 101 for Portugal news & latest pictures from ibtimes.com

Greece readies austerity measures

Greece readied severe austerity measures on Thursday to secure a multi-billion-euro aid package and avoid debt default, providing relief to financial markets but drawing threats of a mighty battle from unions.

Greece readies austerity measures, markets steady

Greece readied severe austerity measures Thursday to secure a multi-billion euro aid package needed to avoid default, providing relief to financial markets but drawing threats of a mighty battle from Greek unions.

Wall Street to open higher on Greece, upbeat Fed

U.S. stock index futures pointed to a higher open on Thursday after the Federal Reserve said it was more upbeat about the economy and Greece looked closer to a bailout deal.

Investors pile back into stocks, shed bonds

U.S. fund managers increased their already high exposure to equities in April and decreased bond allocations on signs the economic recovery is sustainable, a Reuters poll showed on Thursday.

More news

Euro steadies, stocks waver on Greek rescue news

The euro steadied on Thursday, rebounding from a one-year low the previous day, as the Federal Reserve released a more upbeat view of the U.S. economy, offering some respite for markets as Europe continued to haggle over a bailout package for Greece.

Merkel demands faster Greek rescue, Spain downgraded

German Chancellor Angela Merkel said on Wednesday Greece's international bailout must be accelerated for the sake of the entire euro zone, as the far bigger Spanish economy suffered a credit rating downgrade.

Wall Street rises after Fed statement

U.S. stocks rose on Wednesday after the Federal Reserve pointed to signs of strength in the economy, comments that gave some relief to investors worried about possible debt defaults in Europe.

Wall Street gains as Fed offsets debt woes

U.S. stocks rose on Wednesday after the Federal Reserve pointed to signs of strength in the economy in comments that gave some relief to investors worried about debt defaults in Europe.

Forex - Fed renews low rate promise, upbeat on economy

The Federal Reserve offered a more upbeat view of the U.S. economy and employment prospects on Wednesday, even as it left interest rates on hold near zero and promised to keep them low for an extended period.

Fed renews low rate promise, upbeat on economy

Fed holds rates steady; economic view brighter

The Federal Reserve on Wednesday left interest rates near zero and renewed a promise to keep them low for an extended period, though it sounded more upbeat on the economic recovery and jobs.

-Dow, S&P snap back after Spain scare, banks up

The Dow and the S&P 500 recovered after a sharp selloff on Wednesday, sparked by a credit downgrade of Spain, as investors scooped up beaten-down shares of financial companies.

Dow, S&P snap back after Spain scare, banks up

The Dow and the S&P 500 recovered after a sharp selloff on Wednesday, sparked by a credit downgrade of Spain, as investors scooped up beaten-down shares of financial companies.

Wall Street erases gains after Spain downgrade

Wall Street erased most gains on Wednesday after Spain's rating was downgraded as investors awaited Federal Reserve comments at the end of a two-day policy meeting.

Greek aid decision seen soon, package may grow

The international bailout of Greece is likely to total up to 120 billion euros, a German lawmaker said on Wednesday after International Monetary Fund chief Dominique Strauss-Kahn held talks in Berlin.

Fed set to renew promise of continued low rates

The Federal Reserve on Wednesday resumed a two-day meeting where it is expected to repeat a vow to keep interest rates at rock bottom levels for an extended period while acknowledging the U.S. economic recovery is getting stronger.

Markets advance after comments on Greek aid

U.S. stocks rose on Wednesday, recovering from a steep sell-off in the previous session, as details emerged about an aid package for Greece that could calm fears over a possible sovereign debt default.

Greek bailout package to rise, IMF tells lawmakers

Greece will receive much more aid than initially expected, German lawmakers said on Wednesday after a briefing with the International Monetary Fund, reviving markets that had been spooked by fears of a Greek debt default.

Stock futures up ahead of Fed statement, after sell-off

U.S. stock index futures rose on Wednesday, following a steep sell-off in the previous session, as investors awaited the Federal Reserve's interest rate decision and a statement on the economy.

Pressure grows on Germany to back Greek bailout

German politicians came under pressure Wednesday to cast aside their doubts over a bailout for Greece, with markets increasingly alarmed that Athens may default on its debt and trigger a meltdown elsewhere in Europe.

Stock futures up after sell-off, ahead of Fed

U.S. stock index futures rose modestly on Wednesday, following a steep sell-off in the previous session, as investors awaited the Federal Reserve's interest rate decision and a statement on the economy.

Fears of Greek debt default hit markets

Fears that a planned rescue of Greece could stall and extend the financial crisis to other euro zone countries hit European markets on Wednesday as investors worried that Athens may default on its debt.

EU president: Greece talks on track, no restructure

European Union President Herman Van Rompuy said on Wednesday that negotiations on Greece's debt are well on track, and there is no question of restructuring it.

Greek crisis carries all before it

Greece's exploding debt crisis eclipsed all else on financial markets on Wednesday, knocking down global stocks and pushing the euro for a time to a one-year low against the dollar.

Euro hits 1-year low, stocks fall on EU debt woes

The euro tumbled to a one-year low against the dollar and Asian stocks fell as cuts in Greece and Portugal's credit ratings set off a flight to safety on fears that the euro zone's debt problems are spreading.

Fed seen maintaining promise to keep rates low

The Federal Reserve is expected on Wednesday to repeat its vow to keep interest rates at rock bottom levels for an extended period while acknowledging that the U.S. economic recovery is getting stronger.