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Breaking News Fri, 30 Jul 2010
German Chancellor Angela Merkel, left, listens as Chinese Premier Wen Jiabao speaks during a press conference at the Great Hall of the People in Beijing, China, Friday, July 16, 2010.
Business   China   Germany   Photos   Politics  
 Asia Times 
China finds a friend in Germany
|      Jul 31, 2010 China finds a friend in Germany | By Jian Junbo | SHANGHAI - China and Germany are moving toward a closer and friendlier partnership, a process that seemed high... (photo: AP / Ng Han Guan)
In this May 27, 2010 file photo banner reading: "Billions for the banks - the debts for us - we say Thanks!" is attached during a small protest against the financial markets staged by a few demonstrators outside the Frankfurt Fair Tower building prior to the start of the general shareholders meeting of the Deutsche Bank AG in Frankfurt am Main. How stressed are Europe's banks? The question has long preoccupied markets, and European Union leaders hope to make a big step toward restoring confidence with the publication later this month of "stress tests" on the health of 91 banks across the continent, representing 65 percent of the EU's banking system.
Banking   Economic Crisis   Markets   Photos   Wikipedia: Bank regulation  
 Asia Times 
Unholy trinity sets up bank failures
|      Jul 31, 2010 Unholy trinity sets up bank failures | By Chan Akya | Three discrete events over the past couple of weeks have confirmed the worst suspicions of non-Keynesians ... (photo: AP / dapd, Mario Vedder, File)
Italian Premier Silvio Berlusconi, left, shares a word with Finance Minister Giulio Tremonti during a press conference following a cabinet meeting, at the Chigi Premier's Palace, in Rome, Friday, Feb. 6, 2009.  Al Jazeera 
Italy passes austerity measures
| The Italian parliament has approved an austerity package worth more than $32bn, aimed at cutting the country's budget deficit and reassuring financial markets. | The lower house of parliament approv... (photo: AP / Andrew Medichini)
Economy   Finance   Italy   Photos   Wikipedia: 2010 European sovereign debt crisis  
Das Buerogebaeude der Siemens AG fuer IT Operations und Industrial Services in Erlangen, aufgenommen am Montag, 13. August 2007.  The New York Times 
Siemens and VW Surge on Roaring Demand From China
| FRANKFURT — Germany continued to show surprising strength Thursday as a drop in unemployment, coupled along with better-than-expected profit at two of the country’s biggest manufacturers... (photo: AP / Andreas Beil)
Business   Economy   Germany   Photos   Wikipedia: 2010 European sovereign debt crisis  
Top Stories
Pilipinas Shell oil transport truck seen  in Busuanga Airport for refilling airplanes in the departure terminal of the airport , Palawan Province  , Philippines , May 25 , 2009. Houston Chronicle
Shell profit rises to $4.4 billion in second quarter
| Royal Dutch Shell, Europe's largest oil company, posted a 15 percent increase in second- quarter profit on higher oil prices and production as it exceeded a target for ... (photo: WN / Renzelle Mae Abasolo)
Dutch   Europe   Photos   Shell   Wikipedia: Royal Dutch Shell  
Protesting truck drivers shout anti-government slogans outside the Ministry of Transport in Athens on Thursday, July 29, 2010. The Guardian
Greek police fire tear gas at striking truckers
| Government issues emergency order as fuel shortages strand tourists and disrupt food and medical supplies Greek truck drivers clash with riot police in Athens. Photogra... (photo: AP / Dimitri Messinis)
Economy   Greece   Photos   Protests   Wikipedia: 2010 European sovereign debt crisis  
Avon - Cosmetics The News & Observer
Avon Products 2Q net income doubles
| NEW YORK -- Avon Products Inc. says higher revenue in Latin America and Europe helped its second-quarter net income more than double. | The direct seller of beauty prod... (photo: WN / Sweet Radoc)
Business   Europe   Market   Photos   Wikipedia: Avon Products  
Royal Dutch Shell redOrbit
Royal Dutch Shell plc: 2nd Quarter and Half Year 2010 Unaudited Results
- Royal Dutch Shell's second quarter 2010 earnings, on a current cost of supplies (CCS) basis, were $4.5 billion compared to $2.3 billion a year ago. Basic CCS earnings p... (photo: WN / Sweet Radoc)
Business   Earnings   Financial   Photos   Wikipedia: Royal Dutch Shell  
A Toyota Highlander SUV that Toyota Motor Corp. President Akio Toyoda will ride in after he finishes giving testimony before the House Oversight and Government Reform Committee is seen on Capitol Hill in Washington, Wednesday, Feb. 24, 2010. London Evening Standard
Troubled Toyota recalls hundreds of UK Land Cruisers
The troubled Toyota motor company today announced yet another recall, with the latest involving 348 vehicles in the UK. | The company is recalling Land Cruiser Amazon mod... (photo: AP / Cliff Owen)
Cruisers   Motor   Photos   Recalls   Toyota  
A striking fuel-tanker driver mans a picket line set up on a highway near Athens, on Tuesday, July 27, 2010. BBC News
Greece orders striking lorry drivers back to work
The Greek government has used a rare emergency order to force lorry drivers back to work after a three-day strike. | The drivers have until later on Thursday to return to... (photo: AP / Petros Giannakouris)
Economic Crisis   Finance   Greece   Photos   Wikipedia: 2010 European sovereign debt crisis  
Britain's opposition Conservative Party leader David Cameron answers a question from a journalist as he gives a speech to journalists and academics at a think tank on Policy Exchange in London, Monday, Oct. 29, 2007. Al Jazeera
UK 'terror' warning angers Pakistan
| Remarks by David Cameron, the British prime minister, that Islamabad should not "promote the export of terror" have angered Pakistani officials. | Cameron made the... (photo: AP / Akira Suemori)
Pakistan   Photos   Terrorism   UK   Wikipedia: Inter-Services Intelligence  
British Aerospace Hawk T1 (XX245) flies at Kimble Air Day 2008, Kimble Airport, Gloucester shire, England. The BAE Systems Hawk is a British single engine, advanced jet trainer aircraft. It first flew in 1974 as the Hawker Siddeley Hawk. The Hawk is used by the Royal Air Force, and other air forces, as either a trainer or a low-cost combat aircraft. Daily Star Lebanon
India signs $1.1 billion jet deal with BAE, Rolls-Royce
| Thursday, July 29, 2010 | - Powered by | NEW DELHI: BAE Systems and Rolls-Royce will supply India with 57 Hawk military training jets in a deal worth around 700 million... (photo: Creative Commons / Adrian Pingstone)
Defence   India   Photos   UK   Wikipedia: BAE Systems  
Business Economy
- Unholy trinity sets up bank failures
- Greece truckers continue strike, defy government
- Greek truckers continue fuel protest, defy gov't
- Greek truck strike sees petrol and fresh food shortages
In this May 27, 2010 file photo banner reading: "Billions for the banks - the debts for us - we say Thanks!" is attached during a small protest against the financial markets staged by a few demonstrators outside the Frankfurt Fair Tower building prior to the start of the general shareholders meeting of the Deutsche Bank AG in Frankfurt am Main. How stressed are Europe's banks? The question has long preoccupied markets, and European Union leaders hope to make a big step toward restoring confidence with the publication later this month of "stress tests" on the health of 91 banks across the continent, representing 65 percent of the EU's banking system.
Unholy trinity sets up bank failures
more
- Unholy trinity sets up bank failures
- Truckers continue strike in Greece
- Greece, Brady-style haircuts and 'Barroso bonds'
- A look at global economic developments
In this May 27, 2010 file photo banner reading: "Billions for the banks - the debts for us - we say Thanks!" is attached during a small protest against the financial markets staged by a few demonstrators outside the Frankfurt Fair Tower building prior to the start of the general shareholders meeting of the Deutsche Bank AG in Frankfurt am Main. How stressed are Europe's banks? The question has long preoccupied markets, and European Union leaders hope to make a big step toward restoring confidence with the publication later this month of "stress tests" on the health of 91 banks across the continent, representing 65 percent of the EU's banking system.
Unholy trinity sets up bank failures
more
Trade Industry
- A look at global economic developments
- A look at global economic developments
- A look at global economic developments
- After crisis, firms fuel spark of European optimism
Pedestrians are reflected on an electric stock market board in Tokyo, Wednesday afternoon, Dec. 10, 2008. Japan's benchmark Nikkei 225 stock average gained 264.37 and closed at 8,660.24 for the day as investors brushed off the latest round of grim economic data and instead pinned their hopes on global stimulus measures likely to fuel new demand for raw materials.
Asian shares, euro rise amid strong EU, US data
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- Greek hauliers defy government, vow to continue strike (Roun
- Greek hauliers defy government, vow to continue strike (1st
- Truckers continue strike in Greece
- Greek truckers continue fuel protest, defy gov't
Protesting truck drivers shout anti-government slogans outside the Ministry of Transport in Athens on Thursday, July 29, 2010.
Greek police fire tear gas at striking truckers
more
Government & Politics Euro
- Greece and the Power of Negative Thinking
- Unholy trinity sets up bank failures
- Greek hauliers defy government, vow to continue strike (Roun
- Greek hauliers defy government, vow to continue strike (1st
In this May 27, 2010 file photo banner reading: "Billions for the banks - the debts for us - we say Thanks!" is attached during a small protest against the financial markets staged by a few demonstrators outside the Frankfurt Fair Tower building prior to the start of the general shareholders meeting of the Deutsche Bank AG in Frankfurt am Main. How stressed are Europe's banks? The question has long preoccupied markets, and European Union leaders hope to make a big step toward restoring confidence with the publication later this month of "stress tests" on the health of 91 banks across the continent, representing 65 percent of the EU's banking system.
Unholy trinity sets up bank failures
more
- Euro slips back to $1.3015
- Euro zone June jobless flat at 10 pct, inflation up
- How Gangsters Are Saving Euro Zone
- MONEY MARKETS-Dollar funding costs at 10-wk low, euro woes e
In this Monday, May 10, 2010 photo,a Hungarian money  changer corrects the sale price of foreign currencies in downtown Budapest, Hungary. Joining the EU club of nations with a common currency has long been a goal of most European Union countries, like Hungary still not using the euro. But in the wake of the Greek crisis, some eurozone outsiders are in less of a hurry that just a few weeks ago. (AP Photo/Bela Szandelszky)
Euro Zone Economic Sentiment Rises to 28-Month High
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