Greece's borrowing costs hit a new high on Wednesday after the government said the country's banks had asked for billions of euros in support and euro zone states argued over the conditions of potential bailout loans.
The Australian dollar advanced again for the second day against the Greenback pushed on by gains in commodities.
WASHINGTON/CHICAGO/LONDON (Reuters ) - Francis Collins, who helped map the human genome, did not get around to having his own genes analyzed until last summer. And he was surprised by what he learned.
Iceland's economics minister said on Sunday he was hopeful that a review by the International Monetary Fund could be completed within weeks, potentially releasing crucial aid for the crisis-hit nation.
Iceland's economics minister said on Sunday he was hopeful that a review by the International Monetary Fund could be completed within weeks, potentially releasing key aid for the crisis-hit nation.
The Eyjafjallajökull volcano in southern Iceland erupted on Saturday night (20 March), resulting in what volcano photographer ómar Ragnarsson described as a small and shy fire column dance.
Most investors confuse money and currency, but they are not the same thing. Money is defined as a medium of exchange, a unit of account and a store of value.
Israel's Teva has won the battle for German generic drugmaker Ratiopharm, paying an enterprise value of 3.625 billion euros to fix the industry leader's weakness in the world's second-largest generics market.
The tussle over German generic drugs maker Ratiopharm is drawing to a close as the three remaining contenders square off in the final round of bidding, sources close to the deal told Reuters on Wednesday.
Iceland's opposition turned up the heat on the center-left government on Wednesday to hold out for a tough new Icesave debt accord with Britain and the Netherlands, after a referendum rejection of its previous deal.
Iceland's government pledged on Sunday to restart talks and swiftly reach a new debt accord with Britain and Netherlands, a day after Icelanders crushed in a referendum the previous $5 billion Icesave deal.
Britain is prepared to be flexible in reaching a solution with Iceland to repay debts, finance minister Alistair Darling said on Sunday, adding it would take many, many years for Britain to be reimbursed.
Icelandic voters vented their fury on Saturday at the bankers and politicians who ruined the economy, overwhelmingly rejecting a $5 billion deal to repay debts to Britain and the Netherlands.
Icelandic voters overwhelmingly rejected a $5 billion deal on Saturday to repay debts to Britain and the Netherlands, according to partial official results.
Icelanders voted in a referendum on Saturday on a $5 billion deal to repay Anglo-Dutch loans, with an expected resounding No set to delay foreign aid, hopes for economic recovery and possibly EU aspirations.
Icelanders vote in a referendum on Saturday on a $5 billion deal to repay Anglo-Dutch loans, with an expected resounding No set to further delay foreign aid and hopes for economic recovery.
Iceland walked away from talks on Friday with the Netherlands and Britain over debts related to the 2008 collapse of its banking system, a source familiar with the matter told Reuters.
Iceland's economy grew briskly in the latest quarter, its best performance since the country's financial system nearly collapsed in 2008 and a rare dose of positive news ahead of a referendum over foreign debts.
Icelanders are set to reject the terms for repaying Anglo-Dutch debts in a referendum on Saturday, forcing new negotiations with creditors and delaying financial aid the country needs to fix its shattered economy.
Iceland can get by without more cash from the International Monetary Fund until it needs to refinance debt in 2011, although any big delay will hit its economy, a central banker said on Thursday.
Iceland can get by without more cash from the International Monetary Fund until it needs to refinance debt in 2011, although any big delay in foreign aid flows will hit its economy, a central banker said on Thursday.
Iceland has made a last-ditch compensation offer to Britain and the Netherlands in talks over $5 billion lost in Icesave accounts, ahead of a Saturday referendum which is expected to nullify the current deal.
