European stocks close higher in thin trade Jakarta Globe European stock markets close higher on Monday, given a boost by strong German economic data in thin holiday trade. | With London and Wall Street shut for public holidays, investors had little to go on but welcomed positive employment, consumer spending and manufacturing figures in Germany, Europe's ...
A look at economic developments around the globe The Miami Herald | A look at economic developments and activity in major stock markets around the world Friday: | --- | MADRID - Spain's brutal unemployment rate soared to nearly 23 percent and closed in on 50 percent for those under age 25, leaving more than five mi...
EU, IMF press Greece on reforms, Rehn upbeat on debt deal The Guardian * EU/IMF/ECB list reform measures on which Greek aid depends * Estimates about 2 bln euro of extra austerity needed * IIF's Dallara meets Greek PM at 1630 GMT for debt talks * EU's Rehn predicts debt swap deal within few days * Geithner calls for hig...
Finance chiefs reassure CEOs over European crisis Atlanta Journal | DAVOS, Switzerland — Leading finance chiefs sought to reassure anxious global business leaders on Friday that Europe is on track to solve its crippling debt crisis before it drags the world's economies down. Europe's top banker said investors...
Banks Weren’t Meant to Be Like This CounterPunch | In medieval times, wealthy bankers lent to kings and princes as their major customers. But now it is the banks that are needy, relying on governments for funding – capped by the post-2008 bailouts to save them from going bankrupt from their bad p...
AP / Yves Logghe
European stocks close higher in thin trade Jakarta Globe European stock markets close higher on Monday, given a boost by strong German economic data in thin holiday trade. | With London and Wall Street shut for public holidays, investors...
IIF chairman urges decisive action on Greek debt -CNBC The Guardian * IIF chairman says willing to talk on Greek debt-CNBC * IIF wants more decisiveness on public sector side -CNBC * IIF says ECB help crucial to calming banking system -CNBC (Adds detail, extracts from another interview with DAF TV) FRANKFURT, Jan 26 ...
GM names product chief Barra to Opel's board The Guardian FRANKFURT, Jan 26 (Reuters) - General Motors has appointed its third top executive in as many months to the board of its ailing Opel unit, the German automaker said on Thursday. Mary Barra, senior vice president responsible for global product develop...
Greek debt talks resume in race against the clock The Guardian (Adds government official, German official, quotes) By George Georgiopoulos and Lefteris Papadimas ATHENS, Jan 26 (Reuters) - Greece resumes tortuous negotiations on a debt swap with private creditors in Athens on Thursday, with all eyes on the Europ...
European stocks close higher in thin trade Jakarta Globe European stock markets close higher on Monday, given a boost by strong German economic data in thin holiday trade. | With London and Wall Street shut for public holidays, investors had little to go on but welcomed positive employment, consumer spending and manufacturing figures in Germany, Europe's biggest economy. | In Paris, the CAC-40 index gain...
