Wednesday, 26 September 2012

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Anti-cuts protests erupt on streets of Athens and Madrid

7:32pm BST
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

Exclusive - IMF, EU clash over Greece's bailout prospects

6:03pm BST
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.

A man looks at an electronic board displaying market indices and graphs outside a brokerage in Tokyo September 20, 2012. REUTERS/Yuriko Nakao

World stocks expected to edge higher - poll

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
Martin Wheatley, the FSA's managing director, speaks at the Thomson Reuters building in Canary Wharf, London, September 5, 2012. Reuters/Simon Newman

FSA faces balancing act with Libor reforms

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
A worker prepares a car for display at the Citroen exhibition area on the eve of the press days at the upcoming Paris Car Show, in Paris September 26, 2012. REUTERS/Jacky Naegelen

Chinese slowdown haunts premium carmakers

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

Chavez's murky spending spree

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
Wang Yang, Party Secretary of the Guangdong Province, claps during the opening ceremony of the Chinese People's Political Consultative Conference (CPPCC) at the Great Hall of the People in Beijing March 3, 2012. REUTERS/Jason Lee

Reformist leader tested by Chinese system

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
Animal care taker Anna comforts a Polo stallion as it waits for the transfer to South Africa at the animal lounge of German air carrier Lufthansa at the Fraport airport in Frankfurt, September 26, 2012. REUTERS/Kai Pfaffenbach

Horses and rhinos come to air cargo's aid

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
Rovio Entertainment Senior Vice-President Henri Holm wears an Angry Birds jacket during a news conference in Hong Kong July 3, 2012. REUTERS/Bobby Yip

Rovio hopes Bad Piggies will help it fly again

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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