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Business - Page 646

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Asian shares fall as euro zone yields rise

Asian shares fell on Tuesday, as a rise in euro zone bond yields reflected lingering doubts about the ability of politicians in Italy and Greece to push through painful reforms to resolve

15th November 2011
Business

Italy’s Monti to discuss “sacrifices” with parties

Prime Minister-designate Mario Monti meets the leaders of Italy's biggest two parties on Tuesday to discuss the "many sacrifices" needed to reverse a collapse in market confidence that is driving an ever

15th November 2011
Business

New threat to bailout as Greek right rejects more austerity

Greece's conservatives vowed on Monday to reject any new austerity measures in return for the aid that is keeping Athens from bankruptcy, signalling a new coalition government may not enjoy the kind

15th November 2011
Business

Merkel: Europe’s worst hour since 2nd World War

German Chancellor Angela Merkel said on Monday that Europe could be living through its toughest hour since World War Two as new leaders in Italy and Greece rushed to form governments and

14th November 2011
Business

Euro zone treads obstacle course to crisis exit

The euro zone has to tread a narrow path sown with landmines in the next few weeks to survive perhaps the most dangerous phase of its sovereign debt crisis, policymakers and bankers

14th November 2011
Business

New Italian, Greek governments race to limit damage

Technocrat leaders in Italy and Greece were rushing to form governments as they sought to limit the damage from the euro zone debt crisis on Monday, with stocks and the euro rising

14th November 2011
Business

Obama to China: behave like ‘grown up’ economy

President Barack Obama served notice on Sunday that the United States was fed up with China's trade and currency practices as he turned up the heat on America's biggest economic rival. "Enough's

14th November 2011
Business

Obama tells Congress to bite bullet on debt deal

President Barack Obama urged U.S. lawmakers on Sunday to "bite the bullet" and make the compromises needed for a deficit-reduction deal they need to reach this month to avoid triggering automatic federal

14th November 2011
Business

China says it will play by rules it negotiates

China will play by the rules of international agreements that it has been party to negotiating, a Chinese official said on Sunday. His remarks were a clear rebuttal to U.S. President Barack

14th November 2011
Business

Stocks, euro rise on hopes of progress in Europe

Asian stocks rose on Monday and the euro edged up on hopes that new technocratic leaders in Italy and Greece will take decisive action to save their indebted nations from bankruptcy and

14th November 2011
Business
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