U.S. Fears Mean Risk for European Central Bank
- Pan Pylas - The Associated Press
- •
- September 01, 2010
LONDON — Indicators are pointing up at the European Central Bank, which may be about to raise its 2010 economic projections. But that brightening picture is being increasingly darkened by fears about ...
Cyprus Airways Posts Heavy HI Loss
Cyprus Airways on Tuesday announced heavy pre-tax losses of 25.1 million euros (almost 32 million dollars) in the first six months of 2010 due to the economic downturn and a slowdown in passenger traf...
Euro Pushes Above $1.29 for First Time in 2 Months
- The Associated Press
- •
- July 15, 2010
NEW YORK — The euro moved above $1.29 for the first time in more than two months Thursday as the dollar was weighed down by renewed concerns about the U.S. economic outlook.
The euro rose to trade ...
Dollar Slides After Successful Greek Debt Auction
- The Associated Press
- •
- July 13, 2010
NEW YORK — The dollar drifted lower Tuesday after Greece successfully sold debt to investors while U.S. economic data remained weak.
The euro rose to $1.2702 in late New York trading from $1.2598 l...
U.S. and Europe May Butt Head on Propping Up the Economy
- Peter Siris - NY Daily News
- •
- July 12, 2010
Developments in European capitals don't interest me much as far as investing goes. But a raging debate on government spending to prop up struggling economies could have a big impact on our stock marke...
Stocks Skid on Renewed Fears of Global Slowdown
- Tim Paradis - The Associated Press
- •
- June 29, 2010
NEW YORK — Stocks and interest rates tumbled Tuesday after signs of a slowing global economy spooked traders.
The Dow Jones industrial average fell more than 240 points in morning trading to fall b...
Euro, stocks rally on demand for European debt
Reuters) - Oil held steady above $75 on Tuesday as prospects for rising demand in emerging economies offset concern about the impact of Europe's debt crisis.
Spain admitted on Monday that the Europ...
Stocks falter in last hour; trader anxiety sets in
- The Associated Press
- •
- June 14, 2010
NEW YORK — Stocks extended their climb to a third day Monday following signs that Europe's economy might not be badly hurt by its debt crisis.
The Dow Jones industrial average rose about 80 points ...
Greek power utility PPC faces stiff CO2 costs- CEO
ATHENS June 13 (Reuters) - Greece's top electricity producer Public Power Corp. (PPC) will face high costs from 2013 because of its climate-warming carbon dioxide emissions, its chief executive said o...
Japan PM warns of Greece-like debt crisis
- The Associated Press
- •
- June 12, 2010
TOKYO (AP) — Japan could face a financial mess like the one that has crippled Greece if it does not deal urgently with its swelling national debt, the new prime minister warned Friday.
While Japan ...
World stocks hit by fears over US jobs, Hungary
- The Associated Press
- •
- June 07, 2010
PARIS (AP) — World stock markets tumbled Monday and the euro hit a new four-year low in the wake of poor U.S. jobs figures and amid fresh fears that the debt crisis that began in Greece is spreading t...
Hungary raises specter of Greece
(Reuters) - Hungary's markets tumbled on Friday on confusing comments from the new government on the state of public finances, prompting the central bank to rush to reassure investors the country's bu...
Disappointing jobs report sends stocks sliding
- Stephen Bernard - The Associated Press
- •
- June 05, 2010
NEW YORK (AP) — Stocks fell to their lowest level in four months Friday after the government said hiring remains weak and another European country warned its economy was in trouble.
The Dow Jones i...
Two Greek banks looking for buyers- Turkish banker
- George Georgiopoulos
- •
- June 02, 2010
ATHENS, June 2 (Reuters) - Two Greek banks are looking for buyers, who could be from across the Aegean in Turkey, according to a Turkish investment banker working on a possible deal. "We have a mandat...
Stock futures fall after euro hits new 4-year low
- Stephen Bernard - The Associated Press
- •
- June 01, 2010
NEW YORK (AP) — Stock futures tumbled Tuesday after the euro fell to a new four-year low.
Major U.S. indexes are set to resume their slide due to fresh concerns about the health of Europe's economi...
Don't blame the Greeks for the crisis, says Joseph Stiglitz
- George Smith Alexander and Sugata Ghosh - Economic Times
- •
- May 26, 2010
Housewives in Greece and Spain didn’t blow up money as the world thinks they did. They are suffering because of a reckless Wall Street and central banks which didn’t want to turn over the apple cart. ...
Europe slipped on Greece and broke the world
- Dunstan Prial - Fox Business
- •
- May 26, 2010
"Turkey slipped on Greece and broke China." Remember that old saying?
Well, nowadays, "Europe slipped on Greece and broke the global economic recovery" is more like it.
For more than a year, ske...
Dow dips below 10,000, then bounces back
- Stephen Bernard - The Associated Press
- •
- May 25, 2010
NEW YORK (AP) — The Dow Jones industrials plunged below 10,000 Tuesday after traders dumped stocks on worries about the global economy and tensions between North and South Korea.
The Dow fell about...
Dollar is king, euro slides to 4 year low
- Nick Doms - HULIQ
- •
- May 25, 2010
The dollar is king today as the euro continues its slide to a 4 year low. Today's exchange rate of Euro vs Dollar is 1.22. Euro vs dollar low rate is dragging the commodities and US markets down as we...
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