* Paying the price for the ratings downgrades * Cyprus sold 714.57 mln euros in two-year debt on Wednesday, paying domestic lenders 293 basis points more than a sale of bonds of
Bund prices fell and short-dated Greek debt rallied on Wednesday as Athens won parliamentary approval for a crucial package of austerity measures, reducing the risk of short-term default. But persistent medium-term solvency
Hewlett-Packard Co , the world's No.1 PC maker, is investing heavily in China and plans to develop cloud-computing products here to sell globally, Chief Executive Leo Apotheker said. This week, HP opened
Britain's top share index gained sharply on Wednesday as Greece lawmakers backed an austerity plan to pave the way for bailout aid, with financials and commodity stocks leading the gainers. The plan
President Barack Obama called on Wednesday for new stimulus measures to boost the struggling economy, an effort that is likely to further complicate talks to bring the country's debt under control. Obama
Swiss drugmaker Roche Holding argued for more time to study the effect of its Avastin medicine for breast cancer as U.S. health advisers prepared to vote on the fate of the treatment.
Actress Elizabeth Taylor's renowned collection of jewellery, works of art, fashion and memorabilia will be sold in a series of auctions starting in December, Christie's said on Wednesday. Taylor, one of the
. By Shavasb Bohdjalian The euro struggled near a record low against the Swiss franc and was stuck in tight ranges against the dollar, ahead of this week's decision by the Greek
European shares pared gains on Wednesday as investors took profits after Greece's parliament passed the first of two key bills needed to secure the next tranche of bailout funds and avoid a
* Stocks up, euro firm on vote, progress in bank talks * * Ratings agencies said to accept French rollover plan * Greece's parliament approved deeply unpopular austerity measures despite worsening violence
