Business News

Fri, May 25, 2012

Analysis: Greeks not alone in bank savings exodus

By Steve Slater and George Georgiopoulos

LONDON/ATHENS (Reuters) - Greek savers may be gripped by a "great fear that could develop into panic" in ...

Fri, May 25, 2012

Buba boss dismisses French-led euro bond push

PARIS (Reuters) - German central bank chief Jens Weidmann dismissed French-backed calls for the use of euro bonds to boost economic growth in Europe, saying ...

Fri, May 25, 2012

New Romania PM eyes tax cuts to boost growth

By Sam Cage

BUCHAREST (Reuters) - Romania's new government will stick to this year's budget plan but aim to combine growth with austerity ...

Fri, May 25, 2012

Fed's Plosser warns on discretionary policy decisions

By Eva Kuehnen

ELTVILLE, Germany (Reuters) - The debate over how the Federal Reserve can best articulate its policy actions grew on Friday as a ...

Fri, May 25, 2012

Moody's downgrades three big Nordic banks

By Mia Shanley and Balazs Koranyi

STOCKHOLM/OSLO (Reuters) - Three of the Nordic region's biggest banks had their credit ratings cut by Moody ...

Fri, May 25, 2012

Slow and steady Mexico draws equity bets over Brazil

By Pablo Garibian and Krista Hughes

MEXICO CITY (Reuters) - Mexican stocks are drawing investors away from Brazil as Latin America's biggest economy loses ...

Fri, May 25, 2012

China counter-challenges U.S. over subsidies at WTO

By Tom Miles

GENEVA (Reuters) - China filed a complaint at the World Trade Organization (WTO) on Friday to challenge U.S. tariffs charged on ...

Fri, May 25, 2012

Analysis: Funds of hedge funds fight to stay relevant

By Martin de Sa'Pinto and Tommy Wilkes

ZURICH/LONDON (Reuters) - For funds which market themselves on their ability to spot the sharpest hedge ...

Fri, May 25, 2012

Euro zone must head toward banking union: ECB's Praet

By Valentina Za and Silvia Aloisi

MILAN (Reuters) - The euro zone needs to push ahead with its financial sector reform plans and create a ...

Fri, May 25, 2012

NBC may buy Microsoft's MSNBC.com stake

(Reuters) - NBCUniversal is in talks to buy out Microsoft Corp's 50 percent stake in joint venture MSNBC.com, media reports said.

NBCU parent ...