Rescuers have a 12-24 hour window to complete a search for survivors in the wreck of an Italian cruise liner capsized off a Tuscan island, the head of a firefighters' diving team said on Thursday. "There is a 12-24 hour window to complete the operations," Modesto Dilda told Reuters. Eleven people are confirmed dead and

Eastman Kodak Co, which invented the hand-held camera and helped bring the world the first pictures from the moon, has filed for bankruptcy protection, capping a prolonged plunge for what remains one of America's best-known companies. The 130-year-old photographic film pioneer, which had tried to restructure to become a seller of consumer products like cameras,

The IMF is seeking to more than double its war chest by raising $600 billion in new resources to help countries deal with the fallout of the euro zone debt crisis, but the plan faces roadblocks from the United States and other countries. The United States and Canada said on Wednesday Europe must put up

The European Central Bank cannot use its bond-buying programme to prop up troubled euro zone states forever, and governments bear the main responsibility for fighting the debt crisis, ECB Executive Board member Joerg Asmussen said on Thursday. "The SMP (Securities Markets Programme) is neither unlimited nor can it last forever," Asmussen said on German radio

Reforms in highly indebted euro zone member Greece are coming along slowly, but the Greek people have sacrificed much and Europe must be patient, a top European official said on Thursday. "Things are moving ahead slowly – we should not expect any miracles," Horst Reichenbach, head of the European Commission's special task force to help

Asian shares rose to a two-month high on Thursday and commodities and the euro also firmed on hopes that the International Monetary Fund would boost its resources to help tackle the euro zone debt crisis. Strong U.S. manufacturing reports also spurred buying in Asia after data showed factory output grew at its fastest pace in

European regulators will decide around the end of March whether to file a formal complaint against Google for misuse of its market position, potentially bringing the internet company's squabble with competitors to a head much sooner than expected. "I will receive comments from the case team towards the end of the first quarter. I do

European shares and the euro got a boost on Wednesday on talk the IMF may do more to help resolve the European debt crisis but worries over the outcome of crucial Greek debt restructuring negotiations limited any gains. Media reports indicating that the IMF is proposing to boost its lending resources by $1 trillion reversed