PORTUGAL

Wall Street down as Portugal weighs

IBTimes Logo
U.S. stocks lost ground on Monday, with the Dow and S&P 500 heading for a third straight session of losses, as a once-buoyant market sagged at the start of the earnings season.
More news
IBTimes Logo

Portugal doesn't need aid, says Spain EconMin

Portugal does not need to apply for EU aid, Spain's Economy Minister said on Monday, as pressure mounted on Lisbon to seek outside help in managing its finances and risk premiums on both countries' debt widened.
IBTimes Logo

Stock index futures fall; eyes on Alcoa

U.S. stock index futures pointed to a lower open on Wall Street on Monday, with futures for the S&P 500 down 0.52 percent, Dow Jones futures down 0.44 percent and Nasdaq 100 futures down 0.35 percent at 4:05 a.m. EST.
IBTimes Logo

Euro stuck at 4-month low vs dollar; stocks flat

Mounting fears over sovereign debt in the euro zone kept the euro tethered to four-month lows against the dollar on Monday, with investors nervous ahead of a flurry of bond sales from the region's weaker states.
IBTimes Logo

Portugal under pressure to seek EU/IMF aid: source

Pressure is growing on Portugal from Germany, France and other euro zone countries to seek financial help from the EU and IMF to stop the bloc's debt crisis from spreading, a senior euro zone source said on Sunday.
IBTimes Logo

Deficit reduction critical says IMF's Lipsky

A top IMF official warned on Saturday that the United States must start down a budget deficit-cutting path relatively soon or face crushing debt service costs as interest rates rise.
IBTimes Logo

Gold Price Drops 5% from Record, Silver Down 9% in a Week

The Gold Price in Dollars slid to a near 6-week low in early London trading on Friday, dropping below $1360 an ounce, but then bounced back to $1369 as New York trading began and Non-Farm Payrolls showed a rise of 103,000 - below analyst forecasts - and the labor-force participation rate slipped further below two-in-three.
IBTimes Logo

Stocks fall before U.S. jobs data

The euro fell to a four-month low against the dollar on Friday ahead of U.S. jobs data and next week's bond issues from euro zone peripheral countries, while world stocks and copper eased. A surprise sharp increase in U.S. private sector job creation in December have raised expectations of stronger non-farm payrolls for the month, with economists now expecting 175,000 jobs were created, up from 1...
IBTimes Logo

U.S. jobs hope lifts dollar but weakens euro

The euro slumped to a four-month low against the dollar on Friday and looked set for more weakness if U.S. payrolls data meets recently raised forecasts, strengthening the case for a sustainable economic recovery.
IBTimes Logo

U.S. jobs hope lift dollar but weakens euro

The euro slumped to a four-month low against the dollar on Friday and looked set for more weakness if U.S. payrolls data meets recently raised forecasts, strengthening the case for a sustainable economic recovery.
IBTimes Logo

Stock index futures fall ahead of ADP jobs data

Stock index futures pointed to a lower open on Wall Street on Wednesday, with futures for the S&P 500 down 0.5 percent, Dow Jones futures down 0.4 percent and Nasdaq 100 futures down 0.5 percent at 1000 GMT (5 a.m. ET).
IBTimes Logo

Spain reins in debt issuance ambitions in 2011

Spain aims to sell far less debt in 2011 than it did in 2010, keeping a lid on new issuance as it looks to balance deficit-reduction goals and a market seeking high returns to invest in peripheral euro zone economies.
IBTimes Logo

ECB fails to fully offset government bond buys

The European Central Bank failed to attract the 73.5 billion euros from banks on Tuesday needed to offset its seven-month run of euro zone government bond purchases, instead managing to draw just over 60 billion.
IBTimes Logo

Japan, China shares fall after rate rise

Shares in Japan and China eased on Tuesday as concerns that further Chinese monetary tightening will cool the engine of world economic growth overshadowed Japanese data that pointed to improving demand.
IBTimes Logo

Frugality and excess to mark 2011

Call it the year of feast and famine.Many of the world's big advanced economies have pledged frugality for 2011 while fast-growing emerging markets run the risk of overheating. The global economy must withstand both forces in order to live up to growth expectations.
Goa beach

A New Year’s Eve nowhere else, but in Goa

Amidst tightened security, as happening events by the beach side will usher in the New Year in this state on western coast of India, here’s a list of attractions you must look forward to while in Goa on New Year’s Eve

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.