Riskier assets retreated broadly on Wednesday as hopes for fresh measures to tackle the euro zone debt crisis faded and caution set in ahead of a meeting of European leaders, with sentiment
Credit Agricole has renewed a request for the Greek Central Bank to grant its Emporiki unit access to a liquidity facility, which has been made available to some other local banks, the
Greece's bank stability fund approved an 18 billion euro ($22.96 billion) injection to rescue its four largest banks and an official said they would get the urgently needed funds as soon Wednesday.
European Central Bank Vice President Vitor Constancio said on Tuesday he does not expect Greece will exit the euro and urged Athens to work with Europe to remove the risk of its
Private equity firm CVC Capital Partners confirmed on Tuesday that investors Waddell & Reed , Norges Bank and BlackRock had paid $1.6 billion in cash for a 21 percent stake in the
World shares gained for a second day on Tuesday on increasing speculation of fresh action to tackle Europe's debt crisis at an informal talks later this week, even as the euro fell
* Euro vulnerable, eases below $1.28 vs dollar * Oil keeps gains, gold slips as euro weakens * European shares likely to rise Markets extended gains in Asia on Tuesday with investors
* Industry players gather in Macau for G2E Asia gaming conference * Focus on Asia casino build-out as China growth slows * Macau's May revenues likely to see notable slowdown, says analyst
In the run-up to Facebook's $16 billion IPO, Morgan Stanley, the lead underwriter on the deal, unexpectedly delivered some negative news to major clients: The bank's consumer Internet analyst, Scott Devitt, was
Industrialized nations have stepped up plans to help countries swept up in the Arab Spring rebuild their economies through more access to international credit markets, investment and trade, a senior State Department
