Monthly Archives: September 2011

PARIS – President Nicolas Sarkozy said Greece’s leader pledged in a meeting Friday to carry through with wrenching reforms to Greece’s economy despite increasing public anger and protests in the streets. Sarkozy said Europe would support Greece in its painful … Continue reading →

Major companies tentatively scheduled to report quarterly earnings next week: Monday No major announcements expected. Tuesday Yum Brands Inc. releases quarterly financial results. Wednesday Costco Wholesale Corp. releases quarterly financial results. Marriott International Inc. releases quarterly financial results. Monsanto Co. … Continue reading →

FRANKFURT, Germany – Inflation jumped to a startling 3.0 percent in September in the 17 countries that use the euro, a surprise increase that makes it less likely the European Central Bank will cut interest rates next week to head … Continue reading →

(Reuters) Eastman Kodak Co shares lost more than half their value on Friday as the company hired a law firm well-known for bankruptcy cases, triggering speculation that the photography pioneer could file for bankruptcy. Kodak, which delivered the first consumer … Continue reading →

BEIJING (Reuters) – European countries must act decisively to resolve the euro zone debt crisis or risk having some member states forced out of the single currency, China’s top newspaper said in a front page commentary on Saturday. The call … Continue reading →

PALO ALTO, California (Reuters) – Jack Ma, the founder and CEO of Chinese e-commerce giant Alibaba, is keen on buying Yahoo Inc if the opportunity presents itself and has held discussions with other potential buyers about options. Asked whether Alibaba … Continue reading →

NEW YORK (Reuters) – Global stocks closed their worst quarter in nearly three years on Friday on nagging concerns about the world economy and the lack of a credible solution to Europe’s debt crisis. The euro and most commodity prices … Continue reading →