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Banks Sink on Greek Vote Bombshell

French banks and lenders exposed to Greece and other weak euro zone countries slumped on Tuesday after Greece's leader said he would put a bailout plan to a referendum, raising the risk of a disorderly default.

Greece Risks Meltdown After Bailout Vote Bombshell

Greece's PM Papandreou
The Greek government faced possible collapse on Tuesday as ruling party lawmakers demanded Prime Minister George Papandreou resign for throwing the nation's euro membership into jeopardy with a shock call for a referendum.
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Sarkozy and Merkel to speak Tuesday on Greece

French President Nicolas Sarkozy will discuss Greece's decision to hold a referendum on its bailout deal with German Chancellor Angela Merkel on Tuesday afternoon and then hold an urgent ministerial meeting, Sarkozy's office said.
North American pollution causes wheat production in Europe

Cyber Attacks on Chemical and Defense Industries Traced Back to Man in China

Multiple Fortune 100 companies were the victims of a coordinated series of cyber attacks dubbed Nitro, says security firm Symantec Corp. At least 48 firms - all of which are involved in the chemical and defense industries - were subject to the attack, which has been traced back to a computer system owned by a man in his twenties working out of northern China.
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New cyber attack targets chemical firms

At least 48 chemical and defense companies were victims of a coordinated cyber attack that has been traced to a man in China, according to a new report from security firm Symantec Corp.
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Crude Oil Prices Fall More Than $2

Oil prices fell more than $2 per barrel on Tuesday as the outlook for global growth darkened with renewed crisis in the euro zone and data suggesting economic activity in key economies was slowing more quickly than expected.
Growth in China’s manufacturing sector had dropped in October 2011, to 50.4 from 51.2 in September 2011.

Chinese Manufacturing Down in October

China's big manufacturers ran at their slowest pace in October since early 2009, purchasing managers' data shows, though signs of a bounce-back at smaller firms and a sharp fall in factory-gate prices suggest no swift change to interest rates.
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French Bank Shares Fall on Greece Referendum News

French banks and other lenders exposed to Greece and other weak euro zone countries slumped on Tuesday after Greece's leader said he would put a bailout plan to a referendum, raising the risk of a disorderly default.
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Credit Suisse to Cut Another 1,500 Employees

Credit Suisse will cut another 1,500 jobs and scale back its capital-guzzling investment banking business as it seeks to meet tough new regulations ahead of other banks after the unit reported disappointing third-quarter results.
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German Leaders Angry at Greece Referendum

Prime Minister George Papandreou's shock decision to call a referendum on Greece's bailout drew veiled threats from Germany on Tuesday and hammered markets edgy over the euro zone crisis.
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Futures drop on Greek referendum, Asian growth

Stock index futures tumbled on Tuesday as the deal to rescue Greece and prevent a wider sovereign debt crisis faced a new hurdle and as Asian economic data reignited fears of a slowdown in global growth.
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Futures Lower on Greece and Asian Growth

Stock index futures tumbled on Tuesday as the deal to rescue Greece and prevent a wider sovereign debt crisis faced a new hurdle and as Asian economic data reignited fears of a slowdown in global growth.
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Greek referendum, Asian growth send futures lower

Stock index futures tumbled on Tuesday as the deal to rescue Greece and prevent a wider sovereign debt crisis faced a new hurdle and as Asian economic data reignited fears of a slowdown in global growth.
Greek Prime minister Papandreou delivers a speech to Panhellenic Socialist Movement parliamentary group in Athens

Greek Referendum Call Ignites German Anger

Prime Minister George Papandreou's shock decision to call a referendum on Greece's bailout drew veiled threats from Germany on Tuesday and hammered markets edgy over the euro zone crisis.
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Futures point to Wall Street extending decline

Futures pointed to a lower open on Wall Street on Tuesday, adding to losses in the previous session, with the shock announcement of a Greek referendum on its bailout dragging down markets worldwide.
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China's Groupon clone files for $100 million U.S. IPO

China's leading daily-deals website Lashou Group plans to raise up to $100 million in an initial public offering on the Nasdaq to expand its marketing efforts and delivery systems, according to a filing to the stock exchange.
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Greek vote plan sends stocks tumbling

Greece's shock decision to hold a referendum on its euro zone bail-out package sent investors scurrying for safer investments on Tuesday, hammering stocks and punishing the euro.
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Asian Stocks and Commodities Fall on Greek Shocker

Asian shares and commodities fell Tuesday, after a shock announcement that Greece will hold a referendum on a new EU bailout deal for the debt-ridden country threw efforts to resolve the euro zone's debt crisis into fresh doubt.

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