Sunday, February 5, 2012

Yahoo! News: Health News

Yahoo! News: Health News

With sparse data, focus returns to Europe (Reuters)

Posted: 05 Feb 2012 08:43 AM PST

Reuters - Europe will again be at the center of investors' focus this week as the U.S. earnings season passes the halfway mark and there is little on the economic calendar to give the market direction.

Euro zone insists no Greek rescue without reforms (Reuters)

Posted: 05 Feb 2012 06:15 AM PST

Reuters - Euro zone finance ministers told Greece it could not go ahead with an agreed deal to restructure privately held debt until it guaranteed to implement reforms to secure a second financing package from the euro zone and the IMF.

Glencore, Xstrata hammering out final deal details (Reuters)

Posted: 05 Feb 2012 07:02 AM PST

Reuters - Top executives at trader Glencore and miner Xstrata are hammering out the final details of an $80 billion tie-up to seal the industry's largest ever takeover, which could be announced as early as Tuesday.

Greece on "knife edge" in push to agree bailout (Reuters)

Posted: 05 Feb 2012 08:51 AM PST

Reuters - Greece's prime minister scrambled on Sunday to convince lenders and politicians to sign off on a 130 billion euro ($171 billion) rescue, after his finance minister said just hours remained to clinch a deal to avoid a messy default.

ET, the new alien scaring global markets (Reuters)

Posted: 05 Feb 2012 07:27 AM PST

Reuters - The United States is coming to be seen as a global threat, acting unilaterally with aggressive new market rules that critics say will hurt U.S. firms, foreign banks, and international markets in one swoop.

Markets rally after forecast-busting US jobs data (AP)

Posted: 03 Feb 2012 06:42 AM PST

A specialist trader watches his screen on the floor of the New York Stock Exchange, February 3, 2012. REUTERS/Brendan McDermid (UNITED STATES - Tags: BUSINESS)AP - Stocks spiked sharply higher on Friday after forecast-busting U.S. jobs figures reinforced hopes that the recovery in the world's largest economy is gathering pace at a time when other regions, notably Europe, may be heading back into recession.

Oil prices rise after drop in US hiring expands (AP)

Posted: 03 Feb 2012 12:56 PM PST

Flames shoot into the air after a gas pipeline explosion in the Sinai peninsula, 240 miles (374 kilometers) southeast of Cairo, Egypt, Sunday, Feb. 5, 2012. An Egyptian security official says attackers have set off explosives along a gas pipeline in the country's Sinai peninsula, halting exports to neighboring Israel and Jordan. The blast that took place Sunday at dawn is the twelfth successful attack on the line since the popular uprising that ousted longtime Egyptians leader Hosni Mubarak in February last year. The official says the attack by presumed Islamist militants caused huge fires, but fire engines put it out hours later. (AP Photo/Khaled Kandil)AP - A surge in U.S. hiring lifted oil prices for the first time in a week. As more Americans commute to work and the economy picks up, demand for energy is expected to rise.

Wen says China has stake in helping Europe (Reuters)

Posted: 05 Feb 2012 01:01 AM PST

Reuters - China has a stake in helping euro zone countries get through their debt crisis, Chinese Premier Wen Jiabao said in comments published on Sunday, pointing to Europe's importance as a market and hinting at more possible support for beleaguered exporters.

Iran raid likely to drag in U.S. and hurt global economy (Reuters)

Posted: 05 Feb 2012 01:43 AM PST

Reuters - An Israeli raid on Iran's nuclear facilities would deliver a painful shock to the global economy, revive flagging Islamist militancy and possibly drag the United States into a regional war whether it backed its ally's attack or not.

Nigeria oil line on fire; militants claim attack (AP)

Posted: 05 Feb 2012 06:52 AM PST

Supporters of Maj. Hamza Al-Mustapha carry placards during his court verdict in Lagos, Nigeria, Monday, Jan. 30, 2012. A judge in Nigeria has sentenced a former dictator's right-hand man to death over the killing of a politician's wife. Judge Mojisola Dada at Lagos' High Court on Monday ruled that Maj. Al-Mustapha should be hanged. He was accused of orchestrating the 1996 machine-gun killing of the wife of Moshood Abiola, a flamboyant businessman widely believed to be have won an annulled 1993 presidential election. (AP Photo/Sunday Alamba)AP - An Eni SpA oil pipeline ruptured and caught fire as a militant group claimed responsibility for an attack in the region, their first alleged assault in months as its purported leader awaits trial on terrorism charges in South Africa.

GM says most of its US dealers agree to upgrades (AP)

Posted: 04 Feb 2012 01:56 PM PST

AP - General Motors Co. said Saturday that most of its 4,400 U.S. dealers have agreed to upgrade their showrooms over the next four years.
Posted by Harshad at 9:11 AM

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