Greece expects to conclude difficult debt talks with private creditors within days and negotiations with the EU and the IMF on a new bailout deal by the middle of next week, Prime Minister Lucas Papademos told Reuters on Friday.
Greece expects to conclude difficult debt talks with private creditors within days and negotiations with the EU and the IMF on a new bailout deal by the middle of next week, Prime Minister Lucas Papademos told Reuters on Friday.
The European Union and IMF want Greece to push through more budget cuts and implement a series of long-agreed austerity reforms before they sign off on a new bailout the country needs to avert bankruptcy, a report obtained by Reuters shows.
The U.S. economy grew at its fastest pace in 1-1/2 years in the fourth quarter, but a rebuilding of stocks by businesses and slower business spending warned of weaker growth in early 2012.
The world's biggest hedge fund Bridgewater Associates posted returns of 23 percent in 2011, in a year when most of its peers underperformed the major stock market indexes, the New York Times reported, citing people familiar with the firm's investment strategy.
Eastman Chemical is buying Solutia Inc , chemicals provider for products from iPads to tires, for about $3.4 billion in cash and stock in a bid to drive its sluggish growth and focus on emerging markets, particularly the Asia-Pacific region.
The rise of Sh*t People Say videos is a testament to the self-aware, progressive minds of the aught generation. Stereotypical comedy videos often a recognition of the cultural idiosyncrasies that define our complicated, little and albeit, insignificant ethnic bubbles. By confronting these stereotypes, comedians are also helping to defeat them.
President Barack Obama made natural gas a central part of the energy plan he detailed in his State of the Union address, taking a firm stance in a highly polarized debate about the method for extracting the fuel.
Newt Gingrich is the Republican establishment's worst nightmare -- and not because they disagree with his positions.
Stocks slipped on Friday as data showed the U.S. economy grew less than expected in the fourth quarter, while some disappointing earnings added pressure to the market.
The U.S. economy grew at its fastest pace in 1-1/2 years in the fourth quarter, but a strong rebuilding of stocks by businesses and weak spending on capital goods hinted at slower growth in early 2012.
RBS is 82 percent-owned by the British taxpayer following huge bailouts totaling £45.5-billion during the height of the financial crisis in 2008 and 2009.
The U.S. economy grew at its fastest pace in 1-1/2 years in the fourth quarter, but a strong rebuilding of stocks by businesses and weak spending on capital goods hinted at slower growth in early 2012.
H.R. 1981 would mandate the tracking of Web browsers' Internet activity in the name of protecting kids from the evils of child pornography. But what does tracking every petty thief's online activity have to do with stopping the spread of kiddie porn?
Investors in Apple Inc. have a one-word answer for those who wonder whether this corporate juggernaut can maintain its phenomenal momentum in the years ahead: Asia.
A leading lawmaker on privacy issues said on Thursday he would ask for a probe into whether recently announced changes in how Google handles consumer data violated an agreement it made with the U.S. Federal Trade Commission.
Investors are betting that after cap-in-hand Greece comes Portugal, selling off its stocks and bonds in the belief that the euro zone laggard cannot avoid a default without a second bailout.
U.S. stocks fell on Friday after data showed the U.S. economy grew less than expected in the fourth quarter, while weak earnings from Ford and continued caution over Europe's debt crisis also weighed on the market.
U.S. stocks were headed for a lower open on Friday after data showed the U.S. economy grew less than expected in the fourth quarter, while weak earnings from Ford and Procter & Gamble and concerns over Europe's debt crisis could also weigh on the market.
The U.S. economy grew at its fastest pace in 1-1/2 years in the fourth quarter, but a strong rebuilding of stocks by businesses and weak spending on capital goods hinted at slower growth in early 2012.
U.S. stock index futures rose modestly on Friday at the end of a week in which an equities rally stalled out after a barrage of mixed corporate earnings and economic data and concerns about Europe left the market little changed.
Japan and South Korea are Iran's third and fifth biggest oil customers, but the United States, looking for international support for new sanctions pressuring Iran's oil sector, would like that to change.
Oil giant BP has lost its attempt to shift over $15 billion of costs related to the Gulf of Mexico oil spill onto contractor Transocean, increasing the possibility BP may have to foot the entire $42 billion clean up bill.
Argentina's chaotic bankruptcy a decade ago triggered riots, looting and dozens of deaths. The prospect of that horror scenario playing out in Greece is focusing minds across Europe as the threat of default remains all too real.
The U.S. economy is growing at 2-3 percent but still faces big challenges to repair damage wrought by the financial crisis, Treasury Secretary Timothy Geithner said on Friday.
Gold prices leveled off Friday, consolidating the week's dramatic gains, amid prospects for more increases next week and next month.
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.
Stock index futures pointed to a steady open on Wall Street on Friday, with futures for the S&P 500 up 0.02 percent, Dow Jones futures up 0.05 percent and Nasdaq 100 futures up 0.2 percent at 4 a.m. ET.
The broad asset rally which the U.S. Federal Reserve inspired by pledging to keep rates low decelerated on Friday as investors awaited the outcome of Greek debt talks and U.S. gross domestic product data.
Oshkosh Corp and activist investor Carl Icahn square off at the U.S. truckmaker's annual meeting on Friday, when shareholders vote on the billionaire's proposed slate of six directors.
