Pressure mounted Friday on oil-rich Abu Dhabi to step in with financial support for Dubai after fears of a debt default by one of its state-owned conglomerates hit stock markets in Asia and Europe. »
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Dubai Investors Face Uncertainty
What now for holders of Dubai World debt? Movements in the price of property developer Nakheel's $3.5 billion Islamic... »
Exposure To Dubai Debt To Hit UAE Banks Hardest
United Arab Emirates' banks are likely to be hit hardest by loans to Dubai's government and the debt of... »
Euro-Zone New Industrial Orders Rise Again
LONDON -- New industrial orders in the 16 countries that use the euro rose for the sixth consecutive month... »
UPDATE: German Ministry: Aid Decision Only Once GM Shows Plan
General Motors Co. will submit a restructuring plan for Adam Opel GmbH to the German government to help the... »
US Factory Orders Rise More Than Expected
WASHINGTON -- U.S. factory goods orders rose in September more than expected, according to data released a day after... »
Berkshire To Buy Burlington Northern In Bet On US Recovery
Berkshire Hathaway Inc. (BRKA, BRKB) announced plans Tuesday to acquire the 77.4% Of Burlington Northern Santa Fe Corp. (BNI)... »
Australian Banks Merit More Faith
Falling profits and higher bad loan charges aren't usually signs it's a good time to invest in banks. In... »
US 3Q GDP Rises 3.5% On Stimulus, Consumer Spending
WASHINGTON -- The U.S. economy expanded in the third quarter for the first time in more than a year... »
European Markets Benefit From US GDP
LONDON -- European stock markets and the single currency were boosted Thursday by the news that the U.S. economy,... »
US Stocks Continue Rising On GDP Excitement
NEW YORK -- U.S. stocks continued moving higher Thursday morning as news of the U.S. economy expanding in the... »
Credit Suisse Eyes Swiss Market Share Gains
ZURICH -- Credit Suisse Group (CS) Monday said it wants to ratchet up pressure in home market Switzerland by... »
Eureka Moment On UK Public Spending
There's something about the U.K. that just doesn't make sense at the moment. We hear that public spending by... »
Agricole, SocGen Reject Merger Talk
Monday denied a report in Le Monde that said it was in talks about a tie-up with local insurer... »
Fed’s Bernanke: Must Not Lose Sight Of Financial Reform Effort
Federal Reserve Chairman Ben Bernanke called on Congress Friday to act on financial reform efforts, as the central bank... »
Bernanke Cites Small Bank Concerns With Credit-Card Bill
WASHINGTON -- U.S. Federal Reserve Chairman Ben Bernanke, in a letter to a House lawmaker, said small financial institutions... »
Italy May Be Hump On Barclays’ Expansion Path
LONDON -- Barclays PLC (BCS) could soon be snapping up retail and merchant banking assets in Italy, a move... »
Germany Under Fire Over Shadow Budget Plan
BERLIN -- Germany's center-right parties came under fire Wednesday for a planned shadow budget that includes billions in new... »
Geithner: Recovery Takes Precedence Over Deficit
Treasury Secretary Timothy Geithner told Reuters Tuesday that President Barack Obama's administration is focusing on supporting an economic recovery... »
Deutsche Bank Profit Triples On Tax Benefits
FRANKFURT -- Germany's Deutsche Bank AG (DB) said in a surprise statement Wednesday that third-quarter net profit more than... »
Morgan Stanley Breaks String Of Losses In 3Q
NEW YORK -- Morgan Stanley (MS) snapped three straight quarterly losses by posting a profit in the third quarter. Driving... »
EU Plots Exit Strategy, But Strong Euro A Risk
LUXEMBOURG -- European governments are starting to establish a framework for cutting the debts they have accumulated to tackle... »
US Housing Starts Climb 0.5%
WASHINGTON -- Home building rose a third time in four months during September, reflecting higher sales this year, but... »
UPDATE: Treasurys Gain On The Heels Of Inflation, Hausing Data
Treasury prices jumped after a duo of data Tuesday that showed a heftier than expected drop in producer prices... »
Bernanke: Fiscal Exit Strategy Key For Confidence In Econ, Dlr
Federal Reserve Chairman Ben Bernanke Monday said it was crucial to develop a fiscal exit strategy to maintain confidence... »


