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Business - Page 531

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Europe must not slacken in its reforms -EU’s Van Rompuy

The European Union cannot afford to relax its economic reform programmes even as the 27-nation bloc makes progress building a framework to protect itself from financial shocks, European Council President Herman Van

24th September 2012
Business

Euro zone uncertainty puts shares, euro on back foot

European shares and the euro followed a broad range of riskier assets lower on Monday as investors refocused attention from central bank stimulus schemes to weak economic fundamentals and the euro zone's

24th September 2012
Business

GLOBAL ECONOMY – Waiting for confidence to return

If confidence could be distilled and bottled, it would be worth as much to policymakers right now as the finest perfume or vintage Chateau Lafite. Unfortunately for them, central bankers can create

24th September 2012
Business

Asian shares, riskier assets fall; growth concerns in focus

Riskier assets fell broadly on Monday, dragging down Asian shares, copper and oil but the dollar strengthened as investors shifted their focus to weak economic fundamentals while monitoring progress in the euro

24th September 2012
Business

GREECE: Troika report may come after U.S. vote

An EU-IMF report into whether Greece's debt is manageable looks set to be delayed until after Nov. 6 because policymakers want to avoid any shock to the global economy before the U.S.

21st September 2012
Business

GREECE: Election calm to help bolster Greece tourism

Greek tourism will fare better than expected this year because fears of a chaotic exit from the euro have eased, the head of the main tourist industry association said on Friday. He

21st September 2012
Business

TECHNOLOGY: Grumbles over maps fail to dampen Apple iPhone 5 fever

Apple fans queued around city blocks worldwide on Friday to get their hands on the new iPhone 5 – but grumbles about inaccurate maps tempered the excitement. The new phone went on

21st September 2012
Business

FACEBOOK: Appeals court allows $9.5 mln deal over privacy claims

A U.S. appeals court refused to disturb Facebook Inc's $9.5 million class action settlement over allegations that the social networking company's defunct "Beacon" service violated its members' privacy rights. The 2-1 ruling

21st September 2012
Business

GLOBAL MARKETS: Euro rises, safe haven dollar and yen struggle

Asian shares, oil and gold rose on Friday while safe-haven currencies the dollar and yen withered, as investors were comforted by recent central bank steps to support the global economy in the

21st September 2012
Business

WORLD: Whopping diamond expected to sell for over $15 million

A 76-carat diamond billed as one of the most famous in the world is expected to fetch well over $15 million when it hits the auction block in November, Christie's said on

21st September 2012
Business
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