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Business - Page 621

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Greece increasingly seen as isolated euro zone case

There is a palpable sense of hope at the annual Davos World Economic Forum that the euro zone is edging away from the brink of catastrophe but business leaders say Europe's woes

25th January 2012
Business

Euro steadies against the dollar ahead of Fed

European shares and the single currency held firm on Wednesday as investor focus switched to the broader economic outlook and some strong results from leading U.S. companies, and away from worries about

25th January 2012
Business

Cruise liners need tighter safety rules, say insurers

Passenger ship operators should tighten up safety procedures and crew training standards to prevent a repeat of the Costa Concordia shipwreck, potentially the costliest marine insurance loss on record, shipping insurers said

24th January 2012
Business

Oil slips on revived euro zone debt concern

Oil prices fell on Tuesday in choppy trading on revived concerns about the euro zone region's debt problems and their potential to slow the global economy, even as tensions between Iran and

24th January 2012
Business

Greek creditors urge quick deal after eurozone knockback

Greece's private creditors pleaded on Tuesday with European officials who rejected their bond swap offer to hammer together a deal before Athens tumbles into a chaotic default. Athens' hopes for a swift

24th January 2012
Business

Markets pare gains as Greek debt talks flounder

The euro retreated from a three-week high on Tuesday and Asian shares gave up most of their early gains as crucial negotiations on Greek debt restructuring suffered another major setback, raising the

24th January 2012
Business

Germany, France press for rapid Greek debt deal

Germany and France pressed on Monday for a rapid deal between Greece and its private creditors that cuts its soaring debt to sustainable levels and said they were committed to a sealing

23rd January 2012
Business

Euro wobbles on Greek setback; subdued in holiday trade

The euro wobbled in Asia on Monday after Athens and its private creditors failed to agree on a debt swap deal that is vital to avert a chaotic default for Greece. Private

23rd January 2012
Business

Megaupload kingpin held in custody, says innocent

The founder of file-sharing website Megaupload was ordered to be held in custody by a New Zealand court on Monday, as he denied charges of internet piracy and money laundering and said

23rd January 2012
Business

Markets pause on Greece debt talk progress

Asian shares and the euro paused from last week's rally on Monday as investors sweated on the progress of crucial Greek talks on a debt swap deal to avoid a default, while

23rd January 2012
Business
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