Greece's prime minister faces a grilling from the leaders of Germany and France on Wednesday after fighting to win the backing of his cabinet to hold a referendum on a 130 billion-euro ($178 billion) bailout package.
IBT Staff Reporter
Nov 02, 2011
Greece's prime minister won the backing of his Cabinet Wednesday to hold a referendum on a 130 billion euro bailout package but will find the stunned euro zone leaders who engineered the deal last week harder to convince.
Eric Linton
Nov 02, 2011
Standard Chartered Plc said on Wednesday that operating profit before tax in the first nine months grew at a double-digit rate, helped by a strong showing in markets including Hong Kong and putting it in line for a ninth straight year of record earnings.
Varsha Priyadarshini
Nov 02, 2011
Greek Prime Minister George Papandreou fought off a barrage of criticism to win the backing of his Cabinet Wednesday to push ahead with a speedy referendum on the European debt bailout deal.
IBT Staff Reporter
Nov 01, 2011
The Greek government faced possible collapse on Tuesday as ruling party lawmakers demanded Prime Minister George Papandreou resign for throwing the nation's euro membership into jeopardy with a shock call for a referendum.
IBT Staff Reporter
Nov 01, 2011
Apple will release the iPhone 4S in 15 more countries starting Nov. 11, including Poland, Greece and Hong Kong.
Dave Smith
Nov 01, 2011
Apple has announced the availability of the iPhone 4S in Hong Kong, South Korea and 13 additional countries beginning Nov. 11.
Manikandan Raman
Nov 01, 2011
Gold prices fell 1.5 percent Tuesday as Chinese manufacturing slowed more than expected and Greece blindsided markets with plans for a referendum on whether to accept another bailout.
Mike Obel
Nov 01, 2011
Here is the list of the nominees for the 2011 FIFA Ballon d’Or World Player of the Year.
Prarthito Maity
Nov 01, 2011
Gold prices fell 1.4 percent Monday as the bankruptcy of a broker-dealer heavily invested in European sovereign debt drove investors to the safety of the dollar.
Mike Obel
Oct 31, 2011
The bankruptcy of New York-based MF Global Holdings brought the European debt crisis to New York, wiping out a respected firm and tarnishing the reputation of a former Goldman Sachs CEO.
David Zielenziger
Oct 31, 2011
In early April, Jon Corzine was in a tough spot. MF Global, the company he had run for the previous year, was about to post a fourth-quarter loss, marking its fourth successive fiscal year of red ink.
IBT Staff Reporter
Oct 31, 2011
Confidence was highest in India for a seventh straight quarter but India's reading fell 5 points from the second quarter and Saudi Arabia was catching up.
Naagesh N.
Oct 30, 2011
If one buys into reactions of global markets, including the New York Stock Exchange and Dow Jones Industrials Average, they could go to sleep at night with little concern that the Eurozone financial crisis is a ticking time bomb, just waiting to explode with global implications that ripple back to the U.S.
David Magee
Oct 28, 2011
Sarkozy compared Greece’s problems to Lehman Brothers collapse in 2008.
Palash Ghosh
Oct 28, 2011
The head of Europe's bailout fund said Friday he does not expect to reach a conclusive deal with Chinese leaders during a visit to Beijing but expects the surplus-rich country to continue buying bonds issued by the fund.
IBT Staff Reporter
Oct 28, 2011
The head of Europe's bailout fund said Friday he does not expect to reach a conclusive deal with Chinese leaders during a visit to Beijing but expects the surplus-rich country to continue buying bonds issued by the fund.
Eric Linton
Oct 28, 2011
In 14 lines engraved on a plaque on the pedestal of the Statue of Liberty, Emma Lazarus (1849-1887) captured the belief in the American Dream that has defined the United States' self-image for more than a century and moved millions of immigrants to seek refuge here.
IBT Staff Reporter
Oct 27, 2011
Euro zone leaders struck a last-minute deal to limit the damage from the currency bloc's debt crisis early on Thursday but are still far from finalizing plans to slash Greece's debt burden and strengthen their rescue fund.
IBT Staff Reporter
Oct 27, 2011
European leaders roundly hailed all the agreements.
Palash Ghosh
Oct 27, 2011
Europe's banks were told to cut dividends and bonuses to help them find 106 billion euros ($146 billion) to shore up their capital, and agreed to halve the value of their Greek government debt.
IBT Staff Reporter
Oct 27, 2011
There has been a preliminary agreement to recapitalize European banks.
Palash Ghosh
Oct 26, 2011