Spain Set to Unveil Bank Overhaul to Clean Up Real Estate - Bloomberg

Spain is set to announce today its plan to shepherd struggling banks into mergers and make the industry set aside 50 billion euros ($66 billion) […]

Eurozone unemployment at record high

Unemployment across the 17 countries that use the euro ended 2011 at a record high of one person in every 10, official figures showed Tuesday, […]

School lunches to have more veggies, whole grains

Schoolchildren’s favorite lunch _ the ubiquitous frozen pizza _ is about to get healthier.
First lady Michelle Obama and Agriculture Secretary Tom Vilsack are expected to […]

1st session for new Islamist-led Egypt parliament

With Islamists comprising the overwhelming majority of its lawmakers, the parliament elected in Egypt’s first legislative vote after Hosni Mubarak’s ouster nearly a year ago […]

BOE Says U.K. Lenders Expect to Toughen Loan Terms on Euro-Crisis Impact - Bloomberg

U.K. banks (F3BANK) expect to toughen the criteria on loans to companies and households in the first quarter because of strains in wholesale funding markets, […]

Stocks falter after S&P’s Europe downgrade threat

Stocks wavered between small gains and losses in midday trading Tuesday after Standard & Poor’s expanded its downgrade threat against Europe to include the region’s […]

Statoil Q3 profit drop 25 percent on higher costs

Norwegian oil company Statoil ASA said Thursday its net profit fell by 25 percent in the third quarter, mainly due to increased production costs and […]

Clayton toymaker’s hermit crabs make Toys R Us’ hot holiday toy list

The Clayton-based toymaker that wowed the world with its robotic hamsters a couple years ago is hoping children will go gaga this year over its […]

Thousands lose power as Irene moves north

More than 400,000 homes and businesses lost power Saturday as Hurricane Irene slammed into the East Coast.
Winds of up to 80 miles per hour whipped […]

Merkel, Sarkozy push deeper eurozone cooperation

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