 |
Greek hopes prop up euro, results hit shares
(Reuters)
 Reuters - The euro was underpinned by hopes a way would be found to push through a second bailout deal for Greece, though poor results from some top European firms on Tuesday rekindled unease about the region's debt crisis, sending shares lower.
|
 |
Glencore to take over Xstrata for $41 billion
(Reuters)
Reuters - Commodities trader Glencore agreed on Tuesday to buy the remaining 66 percent of miner Xstrata for $41 billion in a record deal to create a powerhouse spanning mining, agriculture and trading. |
|
|
Greek leaders face crunch talks as unions strike
(Reuters)
Reuters - Greek leaders face crunch talks on Tuesday to secure a new international bailout and avoid a chaotic debt default, caught between EU demands that they accept painful reforms now and a national strike against more austerity. |
|
|
Toyota raises annual profit forecast, eyes recovery
(Reuters)
 Reuters - Toyota Motor Corp raised its full-year profit forecast by more than a third as it cuts costs, trims spending and expects Japanese government schemes to boost sales, though the guidance was still some way below analysts' expectations.
|
|
|
BP preparing "vigorously" for oil spill lawsuits
(Reuters)
Reuters - BP said it was preparing "vigorously" for lawsuits related to its Gulf of Mexico oil spill, which are due to start later this month, as it unveiled a rise in fourth-quarter earnings boosted by higher oil prices and one-off gains. |
|
|
With sparse data, focus returns to Europe
(Reuters)
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. |
|
|
Gold falls as Greek debt crisis back in spotlight
(AP)
AP - Gold prices fell Monday as the Greek debt crisis returned to the spotlight, renewing concerns about the impact that Europe's financial troubles could have on the global economy. |
|
|
Toyota lifts profit forecast as disaster woes fade
(AP)
 AP - Toyota's quarterly profit slid 13.5 percent on production setbacks caused by last year's tsunami disaster and the flooding in Thailand, but Japan's top automaker raised its annual earnings forecast, saying a recovery is on track.
|
|
|
|
|
