Facebook IPO tests easy growth assumptions

As Facebook hurtles toward one of the largest initial public offerings in U.S. history, its honeymoon with investors may already be over. The dorm-room project started by Harvard dropout Mark Zuckerberg, 27,

Euro zone PMI’s seen key to sentiment

Stocks rose and the euro steadied on Wednesday as investors remained on guard ahead of the release of manufacturing surveys from the Europe's biggest economies after China's powerful factories showed a slight

Greek banks climb as debt deal inches closer

Greek banking stocks jumped 11.4% and outperformed European peers on Tuesday after European Union officials said Athens could strike a debt swap deal with its private creditors within days. The index is

IMF’s Thomsen says Greece must step up reform

Debt-laden and recession-hit Greece must accelerate structural reforms and slow down on deficit reduction, the head of the IMF's inspection team for Greece was quoted as saying on Wednesday. Austerity policies imposed