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PARIS (Reuters) - Francois Hollande's election as French president was greeted by jitters on European markets and a dour front in Berlin where ruling conservatives warned the Socialist on Monday that Germans were not ready to pay for his promises of an end to austerity. With investors spooked by Greek voters' rejection of parties which slashed budgets to secure an EU/IMF bailout, festivities in P
Investors around the world were on edge after François Hollande’s victory, with unease rising about the future of the euro zone.
Despite recent news from Europe that could have shaken investors, the markets have remained relatively steady.
The first wave of quarterly results was stronger than expected, but there was caution on Wall Street ahead of data from China.
ATHENS (Reuters) - Greece averted the immediate threat of an uncontrolled default on Friday when a sufficient number of private creditors agreed on a bond swap deal that will cut the country's public debt and clear the way for a new bailout.
Spanish giant telco Telefónica is planning to bid for LTE frequencies in Brazil and Chile during the second half of the year, BusinessWeek reported. As we reported, smartphone sales seem to be...
Two of the three main American indexes rose ahead of the Presidents’ Day holiday and the bailout-approval meeting in Europe.
TOKYO (Reuters) - Shares and the euro fell on Tuesday after Moody's warned it could downgrade top-rated sovereigns including Britain, reminding investors that Europe is still deeply mired in a debt crisis despite Athens' steps to avoid a disorderly default.
The anticipated cut by Standard & Poor’s had little impact on financial markets, as the euro barely budged, stock indexes rose broadly and France’s short-term borrowing costs declined.
Facebook is set to pass the significant milestone of one billion users in August, according to digital marketing firm iCrossing, which made its estimation based on the social network’s recent...
The S.&P. 500 was statistically unchanged for the year, while the Dow was up 5.5 percent. Major European and Asian indexes declined by double-digit percentages.
LONDON (Reuters) - Mulled wine, snowy landscapes and shopping for handcrafted gifts beneath the starry lights of a traditional European Christmas market are so popular at this festive time of the...
NEW YORK (Reuters) - The mingled aromas of mulled wine and gingerbread, thousands of starry lights and stalls heaving with crafts and gifts. There's nothing like a Christmas market to put you in the...
Stock markets in Asia rose on Monday, as investors were cheered by surprisingly firm holiday sales in the United States and signs that key euro zone countries are pushing for stricter budget rules.
Investors' reactions added to concerns over whether Mariano Rajoy would be given the time and means to turn around the Spanish economy.
Investors dumped their holdings of Italian government bonds, prompting a global stock market sell-off.
While stocks were up more than 1 percent in Europe and on Wall Street, analysts said it was too early to declare a recovery for global financial markets.
LONDON (Reuters) - Walk into the giant marquee in Regent's Park, London, venue of this year's Frieze Art Fair, and enter a parallel universe.

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