IMF offers to help Greece; EU disappoints markets
The International Monetary Fund on Friday joined the European Union in pledging support for Greece in its struggle to bring its ballooning budget deficit under control and contain its debt crisis.
Basic materials lead stock market recovery; financials still lag
Commodities stocks continue to be the best performing in Thursday's U.S. stock market while financials, especially European banks, still lag.
Iran opposition leader attacked at rally: report
Mehdi Karroubi, a major opposition leader in Iran, was reportedly attacked at a rally marking the 31st anniversary of the Islamic Revolution, his son told UK's BBC.
Extremely premature babies show higher autism risk
Researchers found that of 219 children born before the 26th week of pregnancy, 8 percent met the criteria for an autism spectrum disorder (ASD) at age 11. That compared with none of 153 classmates who were born full-term and included in a comparison group.
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Bernanke lays out vision for Fed monetary exit
Federal Reserve Chairman Ben Bernanke on Wednesday detailed how the U.S. central bank will begin to wean the economy off its extraordinary stimulus, even as he stressed it was not yet time to do so.
The Story Behind Greece's Woes and Bailout
European nations finally gave some public indications this week that they may orchestrate some sort of bailout for Greece as investors grow increasingly concerned.
Stocks flat; Bernanke eyed and Greece fears ease
Stocks are nearly flat this morning as investors monitor the progress of a possible Greece bailout, digest a slew of economic data, and eye Fed Chairman Ben Bernanke's written testimony at 10:00 am EST and the European Union Economic Summit on Thursday.
UK Government forced to disclose U.S. torture allegations
The British government failed on Wednesday in a legal challenge to keep secret U.S. intelligence material relating to allegations of cruel and inhuman treatment involving the CIA.
Grainger resumes buying after rights issue
Britain's largest quoted residential investor Grainger said on Wednesday it was back in the hunt for new property buys after shoring up its finances and observing signs of stability in the housing market.
Low IQ among top heart health risks, study finds
Research by Britain's Medical Research Council (MRC) found that lower intelligence quotient scores were associated with higher rates of heart disease and death, and were more important indicators than any other risk factors except smoking.
UK firm gets final green light for stem cell trial
The treatment involves injecting neural stem cells developed from human fetuses into patients' brains in the hope they will repair areas damaged by stroke, thereby improving both mental and physical function.
Markets give Greece respite on rescue hopes
Financial markets gave heavily indebted Greece a breather on Wednesday on growing expectations of a European Union rescue as civil servants staged the first major strike against Athens' crisis-driven austerity measures.
Daily Forecast Feb 10
The Aussie dollar entered offshore exchange edging closer to the 87 cent handle with the market keeping a keen eye on developments in Europe.
Germany undecided on Greece bailout; stock market rally halts
A rally for U.S. stock markets stalled on Monday after a German official rejected reports that the nation's lawmakers had decided to offer aid for Greece.
McDonald's January global sales up, U.S. lags
McDonald's Corp beat expectations with a 2.6 percent increase in January sales at established restaurants, as overseas results overcame a sluggish performance in the United States.
McDonald's January same-store sales rise
McDonald's Corp posted an expectations-topping 2.6 percent increase in January sales at established restaurants, as overseas results overshadowed a sluggish performance in the United States.
McDonald's January same-store rise
McDonald's Corp posted an expectations-topping 2.6 percent increase in January sales at established restaurants, as overseas results overshadowed a sluggish performance in the United States.
Molson Coors misses estimate, volume outlook tepid
Molson Coors Brewing Co reported a lower-than-expected quarterly profit on Tuesday mainly on weak volumes across all markets, prompting the beer maker to issue a tepid volume forecast for 2010.
Stocks rise on speculation of Greece support
U.S. stock markets rallied today as investors increasingly expect the European Union to offer some sort of assistance for Greece.
Brown faces bumpy ride with vote reform plan
Prime Minister Gordon Brown hopes a parliamentary vote on Tuesday on changing Britain's electoral system will improve Labour's chances of staying in power, but the complex tactic risks backfiring.
G7 outlook upgraded, but lags emerging stars
The world's richest economies are set to grow faster this year than forecast a month ago, although the latest Reuters economic outlook showed the upturn will be feeble in comparison to resurgent emerging market peers.
Molson Coors profit misses estimates
Molson Coors Brewing Co reported a lower-than-expected quarterly profit on Tuesday, weighed down by weak volumes across all markets and cost inflation in the United States and Britain.
G7 outlook upgraded but lagging emerging stars
The world's richest economies are set to grow faster this year than forecast a month ago, although the latest Reuters economic outlook showed the upturn will be feeble in comparison to resurgent emerging market peers.
MillerCoors Q4 slides, warns of tough economy
MillerCoors, the second-largest brewer in the United States, on Tuesday reported a 21.6 percent slide in fourth-quarter net income reflecting a tough economy and a sharp rise in share-based salary bonus packages.
Asian shares mixed; euro wins respite
Asian shares broadly rose on Tuesday, led by Taiwan and South Korea, and the euro staged a small rebound from its recent drubbing, but Japan and Australia fell as investor sentiment remained weak on euro zone fiscal concerns.
Daily Forecast - 9/2/2010
After gapping higher on the open yesterday the Aussie dollar pared back gains above 87 cents to spend the majority of the Asian day exchanging between 0.8640 and 0.8680.
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