Category: Business

France, Belgium set to finalize Dexia break-up

BRUSSELS (Reuters) - France and Belgium were set finalize the break-up Sunday of Dexia, the first bank to fall victim to the euro zone sovereign debt crisis, with global credit risk exposure of 512 billion euros ($691 billion).

Business jet industry looks to 2012 for growth

(Reuters) - The business jet industry is expecting 2012 to mark its first year of growth in deliveries since the financial downturn, but more pain could still be ahead for the low end of the segment that has been hardest

Occupy Wall Street: Egyptian Activist Goes ‘From Liberation Square To Washington Square’ (VIDEO)

Thousands of Occupy Wall Street supporters gathered in Washington Square Park on Saturday afternoon for a General Assembly intended to spread the movement's message. After...

Merkel, Sarkozy meet to tackle differences over euro crisis

BERLIN (Reuters) - German Chancellor Angela Merkel will thrash out differences with French President Nicolas Sarkozy Sunday over how to use the euro zone's financial firepower to counter a sovereign debt crisis threatening the global economy.

France, Belgium set to finalize Dexia break-up

BRUSSELS (Reuters) - France and Belgium were set finalize the break-up Sunday of Dexia, the first bank to fall victim to the euro zone sovereign debt crisis, with global credit risk exposure of 512 billion euros ($691 billion).

Europe eyes buoying banks to weather debt storm

DUBLIN/FRANKFURT (Reuters) - European banks may need more than 100 billion euros ($135 billion) to withstand the sovereign debt crisis, Ireland estimated on Saturday ahead of a meeting between German Chancellor Angela Merkel and French President Nicola...

Saudi central bank "not worried" about inflation

JEDDAH, Saudi Arabia (Reuters) - Saudi Arabia's inflation levels are not worrying and will continue to decline, the country's central bank governor Muhammad Al-Jasser said on Saturday.

Ben & Jerry’s Announces Support For Occupy Wall Street

The Ben & Jerry's Ice Cream Board of Directors has announced their support for the Occupy Wall Street protests writing in a press release: We,...

Georgia says no deal in talks on Russia WTO entry

TBILISI (Reuters) - Talks between bitter rivals Georgia and Russia over Moscow's bid to join the World Trade Organization (WTO) ended without agreement on Saturday, and Georgia said it would block Russian accession unless Moscow's position changes.

Saudi central bank "not worried" about inflation

JEDDAH, Saudi Arabia (Reuters) - Saudi Arabia's inflation levels are not worrying and will continue to decline, the country's central bank governor Muhammad Al-Jasser said on Saturday.