U.S. stock index futures rose on Friday as Greece asked the European Union and International Monetary Fund to trigger an aid package in what could be the largest state bailout ever attempted.
A request by Greece to the EU and IMF for aid to help with its debt crisis tempered investor uncertainty, boosting demand for riskier bank and commodity stocks, lifting Britain's top shares
European shares were up at midday on Friday, with banking stocks rebounding after Greek Prime Minister George Papandreou asked for the activation of an EU/IMF aid package to pull the country out
Stop-loss selling hammered the euro to a one-year low on Friday on heightened speculation Greece would have to seek a bailout to avoid default, while Asian shares fell, dragged down by resource
Calls for a stronger Chinese currency have been muted among finance leaders gathering for talks among the Group of 20 rich and developing nations. Japan said Group of Seven talks on Thursday
Research In Motion Ltd needs to produce evidence next week that it is close to unveiling a more consumer-friendly BlackBerry experience if it hopes to disarm critics who question its competitive chops.
World finance leaders gather in Washington on Friday hoping to plot a course beyond the financial crisis but Greece's worsening debt woes served as a stark reminder the global economy remains vulnerable.
Greece's budget gap last year was worse than feared, the European Union's statistics office revealed on Thursday, and Moody's Investors Service downgraded its rating of Greek government debt. The news triggered a
The euro plunged to its lowest level against the dollar in almost a year on Thursday and European equities fell after Moody's slashed Greece's sovereign rating, hours after the European Union said
U.S. stocks fell at the open on Thursday with the S&P 500 and the Nasdaq dipping more than 1 percent as Greece once again soured risk appetite with more news on its
