Wall St lower on tepid US data The Australian | US stocks were little changed this morning after three batches of tepid US economic data tempered investor optimism over strong Italian and Spanish debt auctions. | After spending much of this morning’s session deeper in negative territory, the Dow Jones Industrial Average was down by 14 poi...
An unhappy anniversary for the euro The Observer Hans Eichel, the then German finance minister, poses with euro banknotes during a launch party in Berlin on 1 January 2002. Photograph: Wolfgang Kumm/EPA | The start of 2012 marks the second time the euro has reached its 10th birthday. From a technical and financial point of view, the single currenc...
La Scala fears the squeeze as hard times hit Italy NZ Herald | La Scala's general manager hopes Italian Premier Mario Monti's Government will avoid cutting spending for culture, noting that music and theatre can help to unite people. | Stephane Lissner said the famed Milan opera house would have a hard time ba...
Fitch cuts Italy, Spain, other euro zone ratings KDVR | NEW YORK (Reuters) - Fitch downgraded the sovereign credit ratings of Belgium, Cyprus, Italy, Slovenia and Spain on Friday, indicating there was a 1-in-2 chance of further cuts in the next two years. | In a statement, the ratings agency said the af...
Sister ship of Italian Costa Concordia arrives in San Francisco Business Journal Patrick Twohy Senior Editor - San Francisco Business Times Email | The Costa Deliziosa, a sister ship of the cruise ship that sank off the coast of Italy, arrived in San Francisco on Friday for an overnight stay. | Click on the image to view a short ...
A look at economic developments around the globe The Tribune San Luis Obispo | 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...
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JPMorgan could lose $5 bn from PIIGS exposure: Report The Times Of India MILAN: JPMorgan Chase & Co could lose up to $5 billion from its exposure to Portugal, Ireland, Italy, Greece and Spain, Chief Executive Jamie Dimon said in an interview with Class ...
Italy, Spain easily raise $28 billion Richmond Times Dispatch MADRID -- | Spain and Italy gave financial markets a boost Thursday as they successfully raised nearly $27.98 billion in two keenly watched debt auctions that showed renewed invest...
Cruise ship victims mull $14,460 compensation deal The Tribune San Luis Obispo | How much is it worth to suffer through a terrifying cruise ship grounding? | Italian ship operator Costa Crociere SpA on Friday put the figure at euro11,000 ($14,460) plus reimbursement for the cost of cruise tickets and extra travel expenses, seek...
Cruise ship victims mull $14,460 compensation deal Lexington Herald-Leader | ROME — How much is it worth to suffer through a terrifying cruise ship grounding? | Italian ship operator Costa Crociere SpA on Friday put the figure at euro11,000 ($14,460) plus reimbursement for the cost of cruise tickets and extr...
Cruise ship victims mull $14,460 compensation deal Springfield News-Sun | ROME — How much is it worth to suffer through a terrifying cruise ship grounding? | Italian ship operator Costa Crociere SpA on Friday put the figure at €11,000 ($14,460) plus reimbursement for the cost of cruise tickets and extra travel...
Italy wants rescue fund 'doubled' France24 | AFP - Italian Prime Minister Mario Monti is pushing to double the size of Europe's permanent bailout fund to one billion euros ($1.3 billion), a German media report to be published on Monday said. | News weekly Der Spiegel said Monti wanted the planned 500-billion-euro European Stability Mechanism (ESM), which is scheduled to replace the European...
