Global stocks edged higher on Tuesday after a late rally on Wall Street and on cautious optimism that progress is being made on the euro zone rescue plan, but the euro itself remained under pressure. Euro zone finance ministers said they hoped to clarify some technical and legal details of the 750 billion euro ($925

Google Inc could face inquiries from German and U.S. officials following the company's disclosure it had "mistakenly" collected sensitive data sent by consumers over wireless networks, the Financial Times reported on Tuesday. Google said on Friday its fleets of cars responsible for photographing streets around the world had for several years accidentally collected personal information

Prime Minister George Papandreou sacked his tourism minister on Monday after press revelations that her husband, a popular singer, owed the government more than 5 million euros ($6.35 million) in taxes. The reports, which were confirmed by the Finance Ministry, were the first major blow to the government as it tries to impose wage cuts

Euro zone finance ministers aim rapidly to iron out wrinkles in the 750 billion euro ($925 billion) plan they hatched a week ago to calm markets and stem fears of serial Greek-style debt crises in the currency area. After talks in Brussels, German Finance Minister Wolfgang Schaeuble and others played down what some officials described

World leaders must act more quickly than previously thought to assure markets they will reduce government debt, Canadian Prime Minister Stephen Harper said on Monday. Speaking to participants in a Canadian youth summit, Harper said the Greek debt crisis and concerns about fiscal health elsewhere highlight the need for the world's leading economies to address

The euro dipped on Tuesday after bouncing from four-year lows, weighed down by persistent worries about the euro area's fiscal health that also kept investors in Asia on edge. Stocks hovered near a three-month low struck on Monday, with materials shares down a day after metals prices tumbled on fears that China's economy may be

 U.S. stocks rose at the open on Monday as a flurry of mergers offset data showing factory activity in New York State grew at a slower pace than expected. The Dow Jones industrial average (.DJI) rose 14.36 points, or 0.14 percent, to 10,634.52. The Standard & Poor's 500 Index (.SPX) added 3.91 points, or 0.34

General Motors Co posted a first-quarter profit on Monday and said it is making progress toward a turnaround expected to put it on track toward its first full-year profit since 2004. Chris Liddell, GM's chief financial officer, said the first-quarter results showed that the top U.S. automaker was making progress and had a "good chance"