European Union Economic Affairs Commissioner Olli Rehn said he backed a proposal to hold a euro zone meeting on Thursday to discuss Greece's debt problems before an EU summit. Asked about the
U.S. stock index futures briefly trimmed losses on Wednesday after data showed new orders for long-lasting goods rose for the third straight month, but was slightly below forecasts. S&P 500 futures slipped
Hundreds of computer geeks, most of them students putting themselves through college, crammed into three floors of an office building in an industrial section of Ukraine's capital Kiev, churning out code at
Fitch Ratings cut Portugal's sovereign credit rating by one notch to AA- on Wednesday, citing budgetary underperformance in 2009 and warning that a similar outcome this year and next could cause another
European shares fell on Wednesday and the euro sank to a 10-month low against the dollar after ratings agency Fitch downgraded Portugal, fuelling more concerns about the euro zone's stability. Euro zone
European shares rose on Wednesday, hitting a 17-month high, with Deutsche Boerse up as it plans more cost savings, while upbeat German business sentiment fuelled confidence in the economic recovery. By 0933
The euro hit 10-month lows against the U.S. dollar on Wednesday as investors doubted a solution for Greece's fiscal woes was on the cards, with the cautious mood holding Asian stocks below
Britain's Labour government looks set on Wednesday to use its last budget before an election just weeks away to cut its estimates for borrowing. A record budget deficit has spooked investors and
The European Union must decide on a way to help debt-laden Greece this week, or run the risk of causing a "serious disruption" for the euro, the European Union's monetary affairs chief
The European Union could overcome deep-seated German reservations about a bailout for Greece and agree an aid package this week that seems increasingly likely to involve the International Monetary Fund. Chancellor Angela
