Reuters – Investors are holding more cash than at any time since the Lehman Brothers collapse to protect themselves against volatile financial markets, presenting them with a dilemma – where to hold that money when banks are looking shaky.
Reuters – Aon Corp , the world’s largest insurance broker, posted a higher quarterly profit that narrowly beat market estimates on higher revenues from its human resources segment.
Reuters – Aon Corp , the world’s largest insurance broker, posted a higher quarterly profit that narrowly beat market estimates on higher revenues from its human resources segment.
Reuters – Retail sales in the euro zone tumbled unexpectedly in December, the biggest drop in the Christmas period in three years, data showed on Friday, with rising joblessness and stubborn inflation undercut signs of a stabilization in Europe’s economy.
Reuters – British and Swiss regulators Have stepped up their investigation into a $2.3 billion trading loss at UBS’s London arm last September with the launch of a formal probe.
Reuters – Greece expects its 2011 budget deficit will be smaller than expected at between 9.1 and 9.4 percent of GDP, thanks to an emergency property tax, a finance ministry official said on Friday, a development that could help Athens in its bailout talks with the EU and IMF.
AP – Unions and employers’ associations in Greece have rejected demands for private-sector wage cuts, despite pressure for the country to introduce strict austerity measures if it is to receive a crucial bailout package.
AP – Unions and employers’ associations in Greece have rejected demands for private-sector wage cuts, despite pressure for the country to introduce strict austerity measures if it is to receive a crucial bailout package.
Reuters – Stock index futures pointed to a slightly higher opening on Wall Street on Friday, with futures for the S&P 500, the Dow Jones and the Nasdaq 100 all up between 0.1 and 0.3 percent at 5:01 a.m. ET.
Reuters – Greece expects its 2011 budget deficit will be smaller than expected at between 9.1 and 9.4 percent of GDP, thanks to an emergency property tax, a finance ministry official said on Friday, a development that could help Athens in its bailout talks with the EU and IMF.
