ATHENS/MADRID - Demonstrators clashed with police on the streets of Athens
and Madrid on Wednesday in an upsurge of popular anger at new austerity measures
being imposed on two of the euro zone's most vulnerable economies. | Video
ATHENS/WASHINGTON - Greece's international lenders are at loggerheads over
how to solve Athens' debt crisis, threatening more trouble for the euro as the
IMF demands European governments write off some of the Greek debt they
hold.
Central bank cash filtering through financial markets will nudge global
stocks higher between now and year-end, Reuters polls show, with gains in the
first half of next year likely to be more modest. Full Article
Britain is expected to propose that Libor, the interest rate at the centre of
a rigging scandal, is anchored to real transactions and that an industry body is
stripped of its supervisory role to restore trust in the benchmark. Full Article | Timeline
BMW, Audi and Mercedes have been enjoying robust demand in China for almost
three years as they vie to be the world's biggest premium car maker. That could
be about to change. Full Article
MACAPAIMA, Venezuela - A handful of secretive funds controlled by Hugo Chavez
shower billions of dollars in oil revenue on pet projects that cheer voters but
leave investors and politicians questioning where the money is actually going.
Full Article
GUANGZHOU, China - Wang Yang is seen by many in the West as a beacon of
political reform in China. But a closer look at his experience underscores the
difficulties of any Mikhail Gorbachev-like figure breaking free of the confines
of China's rigid political structure. Full Article
Dolphins, pandas, pharmaceuticals and gold are amongst the items that have
helped airline operators cushion the ups and downs of the air cargo sector
recently with lucrative specialty freight. Full Article
HELSINKI - Angry Birds-maker Rovio Entertainment will be hoping to prove it's
no one-hit wonder when it launches Bad Piggies, just as players seem to be
tiring of the game they've been addicted to for the past three years. Full Article
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