INVESTMENT

How to Play it: Riding Europe's Volatility

A banner showing a Euro coin is seen on the facade of the European Commission headquarters
Even as details emerge about a Eurozone deal that would see banks and insurers accept bigger losses on Greek bonds and boost the region's bailout fund, setting up for what could happen across the Atlantic won't be easy for investors.
German Chancellor Angela Merkel does not support an inflationary Eurozone policy to ease the pain of austerity in periphery members

European Shares Stay Upbeat on EU Deal Euphoria

European shares extended the previous session's rally Friday, with investors still buoyant over a deal struck by euro zone leaders early Thursday to help end the bloc's two-year-old debt crisis.
More news
Oegussa plant gold

AngloGold Ashanti Now Paying 30% Tax to Tanzania

Africa's biggest gold miner AngloGold Ashanti has started paying 30 percent corporate tax to the Tanzanian government this year for its Geita mine, in line with the east African country's new mining policy.
IBTimes Logo

Wall Street rallies on euro zone deal

Stocks rallied in early trading on Thursday after European leaders agreed to boost the region's bailout fund and struck a deal with banks and insurers to accept 50 percent losses on Greek bonds.
Olympus's logo is seen through its waterproof housing at an electronics shop in Tokyo

Records Raise Olympus Conflict of Interest Question

U.S. patent records point to a possible conflict of interest in an Olympus investment in a cookware company, raising more questions for investors demanding a full explanation from the Japanese company of acquisitions that made heavy losses.
IBTimes Logo

NYSE Invokes Volatility Rule for Open

The New York Stock Exchange and NYSE Amex Cash Markets invoked Rule 48 on Thursday after European leaders agreed to boost the region's bailout fund and struck a deal with private banks and insurers to accept 50 percent losses on Greek bonds.
Unleaded gas price is displayed at JJ's Express Gas Plus station in Phoenix gas station in Phoenix

Consumers, Businesses Pump up U.S. Q3 Growth

U.S. economic growth increased at its fastest in a year in the third quarter as consumers and businesses set aside fears about the recovery and stepped up spending, creating momentum that could carry into the final three months of the year.
A trader works on the floor of the New York Stock Exchange

Stock Futures Rally on Eurozone Deal

Stock index futures rose sharply on Thursday after European leaders agreed to boost the region's bailout fund and struck a deal with private banks and insurers to accept 50 percent losses on Greek bonds.
Unleaded gas price is displayed at JJ's Express Gas Plus station in Phoenix gas station in Phoenix

Consumers, Businesses to Pump up 3Q Growth

Economic growth likely gathered steam in the third quarter as consumers and businesses set aside fears and stepped up spending, creating momentum that is expected to carry into the final three months of the year.
A trader works on the floor of the New York Stock Exchange

U.S. Stock Index Futures Point Higher

Stock index futures pointed to a higher open on Wall Street on Thursday, with futures for the S&P 500, Dow Jones futures and Nasdaq 100 futures rising 1.5 to 1.8 percent at 5:05 a.m. EDT.
IBTimes Logo

EU Crisis Deal Lifts Stocks, Euro to 2-Month High

World stocks and the euro rose to their highest levels in nearly two months on Thursday after European leaders struck a deal to resolve a two-year-old sovereign debt crisis, which threatens the survival of the single currency.
Luxembourg's Prime Minister Juncker France's President Sarkozy and Germany's Chancellor Merkel attend an European Union summit in Brussels

Stocks, Euro Hit 2-Month High after European Debt Deal

World stocks and the euro rose to their highest levels in nearly two months on Thursday after European leaders struck a deal to resolve a two-year-old sovereign debt crisis, which threatens the survival of the single currency.
Olympus Corp President Kikukawa speaks during a news conference in Tokyo

Olympus Shares Surge after Chief Quits

Olympus Corp's shares surged in brisk trade on Thursday after its chairman and president quit and his successor said he would explain past M&A deals at the heart of a scandal that wiped out half of the firm's market value.
IBTimes Logo

Obama Unveils Student Loan Relief Plan

President Obama, on Wednesday, announced a series of new measures aimed at easing the burden of debt on students struggling to repay their federal college loans.
Olympus Corp. newly-appointed President Takayama attends a news conference in Tokyo

Olympus Sticks to Defense of M&A Deals

Japan's Olympus Corp on Thursday stuck to its defense of deals that have come under fire since the 92-year-old firm axed its British CEO in a bitter boardroom battle, repeating that the acquisitions were strategic and involved no wrongdoing.

Pages

  • Promoted in Intel

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.