Business
Glencore and Xstrata agree $90bn deal – Financial Times
Sydney Morning Herald Glencore and Xstrata agree $90bn dealFinancial TimesBy Javier Blas, Commodities Editor Glencore and Xstrata on Tuesday announced an all-share merger that would create a $90bn giant combining the world's largest commodities trading house with one of the biggest miners of thermal coal, copper, …Xstrata Investors May BalkWall Street JournalGlencore, Xstrata agree... »
Papademos Seeks Greek Consensus on Cuts as Patience Wears Thin – BusinessWeek
msnbc.com Papademos Seeks Greek Consensus on Cuts as Patience Wears ThinBusinessWeekBy Maria Petrakis, Marcus Bensasson and Natalie Weeks Feb. 7 (Bloomberg) — Greek Prime Minister Lucas Papademos plans to convene the nation's political leaders to seek consensus on the cuts required for a bailout as unions called a strike to protest …Papademos Seeks Greek... »
Markets edge down as Greece wrangling tempers momentum – Reuters
Telegraph.co.uk Markets edge down as Greece wrangling tempers momentumReutersBy Chikako Mogi | TOKYO (Reuters) – Markets edged down on Tuesday as Greek resistance to the strict conditions attached to a bailout fund sapped recent momentum spurred by hopes the global economy is improving, and the euro eased on renewed fears of a …China Stocks... »
Greece wrangling tempers market momentum; RBA holds rates – Reuters
Globe and Mail Greece wrangling tempers market momentum; RBA holds ratesReutersBy Chikako Mogi | TOKYO (Reuters) – Markets edged down on Tuesday as Greek resistance to the strict conditions attached to a bailout fund sapped recent momentum spurred by hopes the global economy is improving, and the euro eased on renewed fears of a... »
Greece wrangling tempers markets’ recovery – Reuters
USA TODAY Greece wrangling tempers markets' recoveryReutersBy Chikako Mogi | TOKYO (Reuters) – Markets edged up on Tuesday even as Greek resistance to the strict conditions attached to a bailout fund sapped recent momentum spurred by hopes the global economy is improving, but the euro eased on renewed fears of …Papademos to Meet Greek... »
Papademos to Meet Greek Party Chiefs as ‘Great Sacrifices’ Loom – BusinessWeek
CTV.ca Papademos to Meet Greek Party Chiefs as 'Great Sacrifices' LoomBusinessWeekBy Maria Petrakis, Marcus Bensasson and Natalie Weeks Feb. 7 (Bloomberg) — Greek Prime Minister Lucas Papademos plans today to discuss with the nation's political leaders the implementation of additional fiscal measures needed to secure a second …Greek leaders face crunch talks, unions strikeReutersGreece... »
Greek leaders face crunch talks, unions strike – Reuters
CTV.ca Greek leaders face crunch talks, unions strikeReutersBy Lefteris Papadimas and Renee Maltezou | ATHENS (Reuters) – Greek political leaders face crunch talks on Tuesday to hammer out a deal on unpopular reforms that have prompted the country's biggest labor unions to walk off the job.Greece to Eliminate 15000 Government JobsNew York TimesJapan's Nikkei... »
Papademos Meets Creditors as ‘Sacrifice’ Looms – Bloomberg
Bloomberg Papademos Meets Creditors as 'Sacrifice' LoomsBloombergEnlarge image Interim Greek Prime Minister Lucas Papademos Interim Greek Prime Minister Lucas Papademos Kostas Tsironis/Bloomberg Lucas Papademos, interim Greek prime minister. Greek Prime Minister Lucas Papademos began a second round of negotiations …Papademos Meets With Troika as Great Sacrifice Looms for GreeksBusinessWeekEuro resilient; Aussie eyes RBA rate... »
Stocks slip on Wall Street as Greek talks drag on – The Associated Press
The Associated Press Stocks slip on Wall Street as Greek talks drag onThe Associated PressNEW YORK (AP) — Stock indexes closed slightly lower Monday as talks dragged on between Greek political leaders over a fresh cost-cutting package required for the country to get more bailout loans. On an otherwise quiet day, energy stocks were... »
Euro dips as Greece delays debt deal approval – Reuters
Telegraph.co.uk Euro dips as Greece delays debt deal approvalReutersBy Julie Haviv | NEW YORK (Reuters) – The euro dropped against the dollar on Monday as Greece's political leaders delayed a decision on a new bailout package, raising concerns of a disorderly default that could spread to other debt-ridden countries in …Stocks Slip on Greece... »