When Romania's government cut salaries by a quarter in 1931, it collapsed and the country ran through 22 different cabinets in a decade and slid into dictatorship and war. Eight decades later,
* Launches flagship Galaxy SIII smartphone model * 4.8 inch screen, to launch late May, go global June * Expects to outsell group's profit leader SII * To spend more on marketing
Facebook Inc aims to raise about $10.6 billion in Silicon Valley's largest IPO, dwarfing the coming-out parties of tech companies like Google Inc and granting the world's largest social network a market
Asian shares fell for a second straight day on Friday and industrial commodities such as oil and copper were on course for weekly losses as a run of lacklustre U.S. data stoked
British aero enginemaker Rolls-Royce said it was on course to deliver strong growth in 2012 profit as it continues to benefit from airlines' need for more fuel-efficient planes. Rolls, the world's second-largest
Struggling British entertainment retailer HMV forecast a worse than expected loss for the 2011/12 year, blaming a weak new release schedule in CDs and DVDs in its final quarter. But the 91-year-old
State-backed Royal Bank of Scotland said it was on the path to recovery as it reported a better-than-expected first-quarter operating profit and a big reduction in its balance sheet. RBS, which is
European Central Bank President Mario Draghi, reflecting growing anxiety among Europeans about their economic plight, said on Thursday growth should be at the heart of euro zone policy but it needed to
* Greece in worst economic crisis for decades * Outcome impossible to predict * Only two main parties support bailout Greek voters enraged by economic hardship will punish traditional parties in a
Germany's debt agency is concerned about low demand for ultra-long bonds but does not plan to change its issuance schedule, its chief told Reuters, even as rock-bottom returns are testing the limits
