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European shares hit six-month high ahead of US jobs – Reuters
Bloomberg European shares hit six-month high ahead of US jobsReutersBy Blaise Robinson | PARIS (Reuters) – European stocks were up around midday on Friday, hitting a six- month high as investors cheered data that hinted the euro zone may avoid slipping back into recession, eclipsing a disappointing start to the …Data Lift European Shares... »
Euro mired by bailout fund concern, Greek deadlock – Reuters
Globe and Mail Euro mired by bailout fund concern, Greek deadlockReutersBy Jessica Mortimer | LONDON (Reuters) – The euro struggled near a 17-month low versus the dollar and an 11-year low against the yen on Monday as mass downgrades of euro zone states threatened the lending capacity of the euro zone's bailout fund and... »
European shares set to fall on S&P downgrade – Reuters
The Hindu European shares set to fall on S&P downgradeReuters| LONDON (Reuters) – European shares are set to fall on Monday, after Standard & Poor's downgraded the credit ratings of nine euro zone countries late on Friday, raising concerns the region might find it more difficult to borrow funds and see slower …Euro Leaders... »
Merkel vows faster eurozone reform after downgrades – Reuters
Telegraph.co.uk Merkel vows faster eurozone reform after downgradesReutersBy Brian Rohan | BERLIN (Reuters) – European leaders vowed on Saturday to speed up plans to strengthen spending rules and get a permanent bailout fund up and running as soon as possible, a day after US agency S&P cut its rating of several euro zone …Merkel... »
In France, the Pain of Rating Downgrade Is Especially Acute – New York Times
New York Times In France, the Pain of Rating Downgrade Is Especially AcuteNew York TimesAmong the European countries that Standard & Poor's declared less creditworthy on Friday, France stands out among the tarnished. An S.& P. downgrade provides no truly new information about the euro zone's debt struggle, now entering its third year. …Sarkozy's... »
France confirms rating to be downgraded – Financial Times
Financial Times France confirms rating to be downgradedFinancial TimesThe eurozone debt crisis returned with a vengeance on Friday as government officials said Standard & Poor's, the credit rating agency, would downgrade France and Austria, two of the currency zone's six triple A creditors, and other nations not in the …France Loses AAA as Greek... »
Wall Street ends near 5-month high before Europe test – Reuters
USA TODAY Wall Street ends near 5-month high before Europe testReutersBy Chuck Mikolajczak | NEW YORK (Reuters) – Stocks held firm near recent five-month highs on Wednesday as investors awaited key bond market tests for Europe in the next two days that could determine the direction of the euro zone crisis. …The Dow Edges... »
Euro flat versus dollar ahead of ECB, summit – Reuters
CBC.ca Euro flat versus dollar ahead of ECB, summitReutersNEW YORK (Reuters) – The euro was flat against the dollar on Tuesday after a report said euro zone leaders will discuss boosting the firepower of their rescue fund at a summit this week, offsetting a threat from Standard & Poor's to …Stocks end mixed as... »
Euro declines; S&P warning weighs ahead of EU summit – Reuters
Sydney Morning Herald Euro declines; S&P warning weighs ahead of EU summitReutersNEW YORK (Reuters) – The euro slipped against the dollar for the third straight day on Tuesday, surrendering earlier gains, as investors remained focused on Standard & Poor's euro zone downgrade warning. Rating agency S&P on Monday placed its long-term …Germany Calls S.&P.... »
S&P Threatens EFSF Downgrade – Wall Street Journal
Telegraph.co.uk S&P Threatens EFSF DowngradeWall Street JournalLONDON—Standard & Poor's Corp. Tuesday said it placed the long-term credit rating of the European Financial Stability Facility, or EFSF, on credit watch negative. This follows the placement on watch negative of …Germany Calls S.&P. Downgrade Threat a Spur to Act on EuroNew York TimesInsight: Conflicting visions at... »