monday

EU leaders to agree on permanent bailout fund (Reuters)

Reuters – EU leaders will sign off on a permanent rescue fund for the euro zone at a summit on Monday and are expected to agree on a balanced budget rule in national legislation, with unresolved problems in Greece casting a shadow on the discussions.

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EU leaders to agree on permanent bailout fund
(Reuters)

monday

Small business hiring slows, wages dip in January (Reuters)

Reuters – Small business payrolls grew at a slower rate in January and wages fell, an independent survey showed on Monday, suggesting the pace of overall job growth moderated after December’s sturdy gain.

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Small business hiring slows, wages dip in January
(Reuters)

monday

Reuters Magazine: The Elephants in the Davos Ski Lodge (Reuters)

Reuters – The epic global shifts of 2011 transformed the political, economic, and social landscape from Shanghai to Sao Paolo, Washington to Cairo.

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Reuters Magazine: The Elephants in the Davos Ski Lodge
(Reuters)

monday

Euro zone may yet escape recession as services jump: PMIs (Reuters)

Reuters – The euro zone may yet escape recession thanks to a surprise upturn in the service sector that outweighed the ongoing contraction in manufacturing this month, surveys showed on Tuesday.

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Euro zone may yet escape recession as services jump: PMIs
(Reuters)

monday

Euro zone ministers reject private bondholders’ Greece offer (Reuters)

Reuters – Euro zone finance ministers Monday rejected as insufficient an offer made by private bondholders to help restructure Greece’s debts, sending negotiators back to the drawing board and raising the threat of Greek default.

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Euro zone ministers reject private bondholders’ Greece offer
(Reuters)

monday

Olympus jumps 7 percent after Tokyo bourse keeps it listed (Reuters)

Reuters – Shares of scandal-hit Olympus Corp jumped more than 7 percent in heavy trade on Monday after the Tokyo bourse kept the company listed, but placed it on its “security on alert” list

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Olympus jumps 7 percent after Tokyo bourse keeps it listed
(Reuters)

monday

Germany rejects rescue fund boost, Greece under pressure (Reuters)

Reuters – Germany, the only major euro zone member to retain a top-notch credit rating, refused on Monday to consider boosting the bloc’s rescue fund, while Greece was under pressure to urgently break a deadlock in debt swap talks if it is to avoid an unruly

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Germany rejects rescue fund boost, Greece under pressure
(Reuters)

monday

European shares stabilize, economic data eyed (Reuters)

Reuters – European shares and the euro gradually recovered on Monday from early losses triggered by the mass downgrade of euro zone sovereign ratings last week, but they still looked vulnerable amid rising fears of a disorderly Greek debt default.

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European shares stabilize, economic data eyed
(Reuters)

monday

Carnival and cruise sector count cost of disaster (Reuters)

Reuters – The cruise ship industry faces an uphill task to restore confidence among customers spooked by images of the stricken Costa Concordia flipped on its side in Italian waters on Monday and could suffer a hit to sales in a key booking period.

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Carnival and cruise sector count cost of disaster
(Reuters)

monday

Hackers disrupt Israel airline, stock market sites (AP)

AP – Hackers disrupted the websites of Israel’s stock exchange and national air carrier El Al on Monday in a deepening cyber war launched earlier this month by a group claiming to be Saudis.

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Hackers disrupt Israel airline, stock market sites
(AP)

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