Oil prices fell further on Wednesday as OPEC considered raising production, pushing up Asian stocks, although investors remained on edge because of the turmoil in the Middle East. The euro fell as
Consumers can pay for the movies using Facebook Credits, a virtual currency so far used mainly in social games on the site, according to Warner Bros, a unit of Time Warner Inc,
* 88 euro area banks, 65% of bank system The European Union's powerful new banking watchdog is setting out a tough fitness test for the region's lenders to ensure they can withstand
The impact of a Greek default could be so great that the euro zone will do everything it can to avoid it, rating agency Standard and Poor's said in London on Tuesday.
Greece's latest credit rating downgrade will not create any new uncertainty for the euro currency, German Economy Minister Rainer Bruederle said on Tuesday. Moody's slashed Greece's credit rating by three notches on
Spain's Treasury launched a 15-year syndicated bond on Tuesday, seeking to take advantage of a relatively benign market view on its debt, but had to offer a significant yield pick up to
* Foreign investors shy away Greece sold six-month T-bills at a slightly higher yield on Tuesday than a previous February auction, its first borrowing sortie after a three-notch Moody's downgrade to B1
Top executives from some of the world's biggest energy companies on Tuesday said global oil supply is plentiful in spite of Libyan supply disruptions, and urged U.S. policymakers not to tap strategic
* Move raises pressure on euro zone to ease loan terms * EU's Rehn urges lower rates, longer maturities — Moody's slashed Greece's credit rating by three notches on Monday due to
The euro took a breather in its explosive rally ahead of influential U.S. jobs data on Friday, but the single currency is set to stay in demand after the European Central Bank
