Greece pleads for more time

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Greece pleads for more time

BERLIN — Greece made little immediate progress in its quest for more time to carry out painful cuts during talks between its Prime Minister Antonis Samaras and Germany’s Chancellor Angela Merkel on Friday.

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MORE FROM Markets

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Facebook envisions swanky new digs as shares sink

Facebook Inc on Friday unveiled plans for a massive new campus annex in Menlo Park to be designed by Frank Gehry, the renowned architect who has won plaudits for metal-sheathed works like the Guggenheim Museum in Bilbao, Spain, and the Walt Disney Concert Hall in Los Angeles.

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New EU recession looms

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New EU recession looms

The eurozone now looks destined for its second recession in three years, according to business surveys that showed the economic rot is even spreading through Germany, the region’s largest and strongest economy.

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markets

Grexit may trigger a domino effect

Greece’s prime minister has warned those politicians in Europe who are happy to see the country leave the euro that such an event could trigger a domino effect throughout the 17-nation bloc using the euro currency.

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More China easing seen

beijing/shanghai — China’s manufacturing sector contracted at its sharpest pace in nine months in August, according to a survey showing falling export orders and rising inventories, a signal that more policy stimulus may be needed to engineer a second half pick-up in growth.

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