BRUSSELS (Reuters) – Euro zone finance ministers discussed the mechanics of a financial rescue for Greece on Monday but gave few details of their standby planning as Athens tries to fix its public finances alone.
BRUSSELS (Reuters) – Euro zone finance ministers discussed the mechanics of a financial rescue for Greece on Monday but gave few details of their standby planning as Athens tries to fix its public finances alone.
Read the rest here:
Euro ministers discuss Greek standby aid planning
NEW YORK (Reuters) – It’s enough to make a mining executive grit his teeth or his kids to give him the silent treatment.
See original here:
Movie “Avatar” has few fans among mining execs
NEW YORK (Reuters) – Cisco Systems Inc introduced its first major new routers in six years and said they can be configured to handle Internet traffic up to 12 times faster than rival products.
See more here:
Cisco leapfrogs rivals with faster router
WASHINGTON (Reuters) – Greece, pressing for curbs on financial speculation that it blames for worsening the country’s debt crisis, said on Tuesday the idea would be examined by the Group of 20 leading powers at their next summit.
Read more from the original source:
Greece says G20 to review financial speculation
WASHINGTON (Reuters) – Greece, pressing for curbs on financial speculation it blames for worsening the country’s debt crisis, said on Tuesday the idea would be examined by the G20 leading powers at their next meeting.
See the original post:
Greece says speculation will be on G20 agenda
WASHINGTON (Reuters) – Top Greek officials pressed their case on Tuesday for curbs on speculative trading they blame for pushing the country into crisis, but the Obama administration reacted coolly, saying it was working on its own plans to make trading more transparent.
View original here:
Greece wants speculative curbs, U.S. has own plan
STRASBOURG, France/WASHINGTON (Reuters) – The European Commission said on Tuesday it will consider banning the naked selling of derivatives contracts some EU politicians say were used by speculators to bet on a Greek bond default.
Read the rest here:
EU executive mulls ban on naked CDS selling
WASHINGTON (Reuters) – Greek Finance Minister George Papaconstantinou on Tuesday proposed a ban on derivative trading techniques that increase debt costs for countries like Greece which struggle to cut their deficits.
Continued here:
Greece calls for ban on speculative trading
TOKYO (Reuters) – Sony Corp will launch 3D televisions in June, entering an increasingly crowded market that is betting the revolutionary TV will become the next hot product in the electronics industry.
NEW YORK (Reuters) – U.S. stock index futures were little changed on Monday following a strong rally to end last week’s session, when the Nasdaq closed at an 18-month high on better-than-expected February payroll data.
Read more here:
Stock futures little changed after recent rally
NEW YORK (Reuters) – AIG is selling its foreign life insurance unit to MetLife Inc for about $15.5 billion, in its second major asset sale in a week to repay the U.S. government billions of bailout money.
Original post:
MetLife to buy AIG’s Alico unit for $15.5 billion
LOS ANGELES (Reuters) – Whole Foods Market Inc investors will vote on Monday on a proposal that would make it easier for shareholders to oust a director whose conduct they deem inappropriate.
Here is the original post:
Whole Foods investors to vote on board removal rule
BEIJING (Reuters) – Any rise in the yuan’s exchange rate will be gradual, China’s trade chief said on Monday in comments that underline the competing interests at the heart of Chinese policy-making.
Originally posted here:
China cautions against expecting fast yuan rise
TOKYO (Reuters) – Toyota Motor Corp’s president said on Monday he believed that sales in North America could recover in March after a sharp decline last month when the automaker suspended sales of some recalled models.
See more here:
Toyota chief says sees U.S. sales recovery ahead