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HuaweiATHENS - Gunmen driving a van packed with gas canisters firebombed the Athens headquarters of Microsoft on Wednesday, underscoring the threat of instability as Greece asks for more time and less hardship in cutting its crippling debt.
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ATHENS - Millions of euros are trickling back into Greek banks from savers reassured by the result of the June 17 election, though amounts remain a fraction of what was withdrawn ahead of the poll, bankers said on Wednesday.
NEW YORK - Wall Street was set to open flat on Wednesday as upbeat US data was offset by concerns over slowing economic growth and expectations that another meeting of European leaders would do little to solve the region’s debt crisis.
JERUSALEM — A US investment firm has removed Caterpillar Inc. from three of its popular indexes that track socially responsible investments, citing concerns about the Israeli military’s use of company bulldozers in the Palestinian territories.
LONDON - Copper slipped on Wednesday as growing concern about the euro zone debt crisis prompted caution in the market ahead of a European Union summit that investors fear could fail to materially tackle the region’s debt troubles.
LONDON - A rally by recently hard-pressed banking stocks led a bounce back by Britain’s top share index on Wednesday, snapping a four-session losing streak, although low volumes indicated some fragility ahead of another key EU summit.
LONDON - European shares gained on Wednesday, with some investors closing their short trading positions ahead of this week’s European Union summit to protect themselves from possible losses in case of a positive annoucement.
US state and federal laws enacted to protect homeowners from eviction in the wake of the 2008 housing crash may be extending the slump, according to a growing number of economists and industry experts.
NEW YORK - Morgan Stanley was quick to dismiss suggestions its status as the king of initial public offerings for Silicon Valley was under threat because of the botched Facebook Inc IPO last month. And that confidence may warranted.
Gold prices eased in Europe on Wednesday, pressured by the softer tone to the euro and other commodities like crude oil, as expectations faded that this week’s European Union summit would do much to ease the euro zone debt crisis.
