Spain region, Greek exit warnings rattle euro zone(Reuters) - Central banks and companies risk making a grave error if they do not brace for a possible Greek exit from the euro zone, Belgium's foreign minister said on Friday, rattling markets already alarmed by Spain's deteriorating … More »Spain region, Greek exit warnings rattle euro zone
(Reuters) - Central banks and companies risk making a grave error if they do not brace for a possible Greek exit from the euro zone, Belgium's foreign minister said on Friday, rattling markets already alarmed by Spain's deteriorating finances. Greek elections are scheduled for June 17 and could hasten the country's departure …
Canada's RIM to cut at least 2000 jobs: reportTORONTO (Reuters) - Research In Motion Ltd is preparing for a major restructuring beginning in the next couple of weeks that will see it eliminate at least 2,000 jobs worldwide, the Globe and Mail reported on Saturday, citing … More »Canada's RIM to cut at least 2000 jobs: report
TORONTO (Reuters) - Research In Motion Ltd is preparing for a major restructuring beginning in the next couple of weeks that will see it eliminate at least 2,000 jobs worldwide, the Globe and Mail reported on Saturday, citing unnamed sources. The Canadian newspaper, citing several people close to the company, reported that …
TOKYO (Reuters) - Japanese chipmaker Renesas Electronics Corp plans to sell off loss-making operations and cut its payroll by at least 12,000, a source close to the matter told Reuters on Saturday, as the company battles high costs and nimbler foreign rivals. Sources also confirmed that Renesas, the world's largest maker …
TOKYO (Reuters) - Japan's securities regulator will seek a fine against a fund management arm of Sumitomo Mitsui Trust Holdings for insider trading for the second time and believes an employee of broker Nomura Holdings was again the source of the leak, two people with direct knowledge of the matter said. ...
NEW YORK (Reuters) - Oil prices rose for a second day on Friday on the lack of progress in negotiations with Iran over its disputed nuclear program, but crude futures posted a fourth straight weekly loss as Europe's debt problems threatened economic growth and petroleum demand. Euro-zone political turmoil and economic uncertainty …
* TSX ends up 10.40 pts, or 0.1 pct, at 11,576.47 * Energy, gold miners lead gains * Financial shares fall on Spain, Greek worries TORONTO (Reuters) - Canadian stocks finished in positive territory for the fourth-straight session on Friday, as gains in resource shares offset financial sector losses on fears of a Greek exit …
(Reuters) - Claims by four of Wall Street's main market makers against Nasdaq over Facebook's botched IPO are likely to exceed $100 million, as they and other traders continue to deal with thousands of problems with customer orders. A technical glitch delayed the social networking company's market debut by 30 minutes on …
By The Associated Press MADRID - The president of troubled Spanish lender Bankia says the €23.5 billion ($29.5 billion) in state aid it will receive in the country's biggest-ever bank bailout will be treated ...
LONDON (Reuters) - Goldman Sachs is considering selling off Swedish oil group Svenska Petroleum Exploration in chunks, the Independent on Sunday reported. The UK newspaper said on Sunday that most potential bidders, including the UK's BP and Shell , were not interested in … More »Goldman may break up sale of Swedish oil group: paper
