Euro crisis far from over, stock analysts warn
WASHINGTON (AP) — A slim victory for pro-Europe parties Sunday in an election in Greece should relax fears that a country will leave the euro for the first time and unleash global financial turmoil.
...
Buffett says Europe's fiscal problems will linger
- The Associated Press
- •
- May 07, 2012
OMAHA, Nebraska (AP) — Billionaire investor Warren Buffett says Europe will have a hard time resolving its fiscal problems because of the structure of the European Union and this weekend's election re...
IMF moves to calm market fears over European debt
- The Associated Press
- •
- April 21, 2012
HARRY DUNPHY,Associated Press
MARTIN CRUTSINGER,Associated Press
WASHINGTON (AP) — Finance ministers and central bank governors hope a more than $430 billion increase in resources of the Interna...
Airlines Group Warns over Rising Oil Prices
- John Heilprin - The Associated Press
- •
- March 20, 2012
GENEVA (AP) — The global aviation industry could run up losses of over $5 billion this year if oil prices spike by more than anticipated in light of the tensions building up over Iran's nuclear progra...
UK Looking at 100-year Bonds to Lock in Low Rates
- The Associated Press
- •
- March 14, 2012
LONDON (AP) — Britain is looking at ways of taking advantage of the country's super-low borrowing costs by considering the launch of bonds that would be repaid over 100 years, a senior Treasury offici...
Markets Confident of Greek Debt Swap Success
- Pan Pylas - The Associated Press
- •
- March 08, 2012
LONDON (AP) — Markets were buoyant on Thursday, particularly in Athens, on hopes Greece will get enough support from private investors in a crucial bond swap plan that aims to slash €107 billion ($140...
Stocks Rebound but Greek Debt Worries Remain
- Sarah DiLorenzo - The Associated Press
- •
- March 07, 2012
PARIS (AP) — World stock markets cautiously rebounded Wednesday in a week that saw Europe's debt crisis return to center stage over concerns Greece would not attract enough investor support for a deal...
Dow Drops More Than 200 Points as Greek Concerns Hit Stocks
- The Associated Press
- •
- March 06, 2012
NEW YORK (AP) — U.S. stocks fell sharply Tuesday, following steep losses in European markets two days before a critical deadline in the Greek debt crisis. The Dow Jones industrial average suffered its...
Cyprus Bank Marfin Takes Big Greek Writedown Hit
- Menelaos Hadjicostis - Associated Press
- •
- February 29, 2012
NICOSIA, Cyprus (AP) — Cyprus' Marfin Popular Bank said Wednesday that it's being courted by several strategic investors despite posting a huge loss of €2.5 billion ($3.36 billion) for 2011 after taki...
Greek Bailout Hopes Shore Up Markets
- Pan Pylas - The Associated Press
- •
- February 20, 2012
PAN PYLAS,AP Business Writer
LONDON (AP) — Markets were optimistic Monday that Greece will finally secure a massive but long-delayed international bailout, allowing the debt-crippled country to avo...
Markets Volatile on Greek Debt Talks, IMF Funding
- Pan Pylas - The Associated Press
- •
- January 18, 2012
LONDON (AP) — Markets advanced further Wednesday on hopes the International Monetary Fund would get more money and as Greece resumes discussions with private creditors to get them to agree to reduce t...
ING Reins in Exposure to Potentially-bad Euro Debt
- The Associated Press
- •
- January 13, 2012
AMSTERDAM (AP) — ING Groep NV, the bailed-out Dutch bank and insurer, said Friday it sold a further €1.2 billion ($1.54 billion) worth of bonds issued by southern European nations, as it continues eff...
German Exports Claw Back Ground in November
- David McHugh - The Associated Press
- •
- January 09, 2012
FRANKFURT, Germany (AP) — Germany's exports rose strongly in November, partially offsetting a sharp drop the previous month, according to provisional figures. But a dip in industrial production darken...
Dexia Sells Luxembourg Unit to Qatari Fund
- The Associated Press
- •
- December 20, 2011
BRUSSELS (AP) — Troubled Franco-Belgian bank Dexia Group said Tuesday it has sold its Luxembourg subsidiary to Qatari investment fund Precision Capital and the state of Luxembourg for €730 million ($9...
Euro Pact Faces UK Hurdle, Ebbing Market Faith
- The Associated Press
- •
- December 12, 2011
DAVID STRINGER,Associated Press
FRANCES D'EMILIO,Associated Press
LONDON (AP) — Doubts rebounded Monday over Europe's ability to solve its debt crisis and rescue the imperiled euro, as investors...
Businesses Want EU Leaders to Stimulate Growth
- David McHugh - The Associated Press
- •
- December 12, 2011
PARIS (AP) — While Friday's European summit received a measure of approval from markets for committing to belt-tightening, some businesspeople are worried the accord might further choke growth.
The...
After Euro Deal, Investor Brace for Big Moves
- The Associated Press
- •
- December 11, 2011
NEW YORK (AP) — Europe's fiscal pact may save the euro from collapse and stave off worldwide financial panic. But the concerns of many investors are more personal: Will it lift my flagging 401(k)?
...
Moody's Downgrades 3 Leading French Banks
- The Associated Press
- •
- December 09, 2011
PARIS (AP) — The Moody's rating agency downgraded three leading French banks on Friday, saying that the spiraling debt crisis in Europe was making it hard for them to get loans and that the situation ...
Markets in Retreat as Euro Plan Optimism Fails
- Pan Pylas - The Associated Press
- •
- December 07, 2011
LONDON (AP) — Stocks gave up earlier gains Wednesday as hopes dissipated that a deal to save the euro would be agreed at a summit of European leaders at the end of the week, in the wake of an insisten...
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