IBT Staff Reporter

64741-64770 (out of 154942)

Italian bank stocks down again on debt woes

Shares in UniCredit SpA and other Italian banks extended losses on Monday after a sell-off last week due to concerns Italy could be drawn into the euro zone debt crisis and worries about the strength of their capital.

Core BSkyB investors bet on rebound as others flee

A core of large investors in BSkyB is planning to stick with it regardless of the outcome of a bid by Rupert Murdoch's News Corp to take it over -- now hanging in the balance -- and as others dumped the shares on Monday.

Obama wants largest possible deal in debt talks

President Barack Obama pushed congressional leaders for the largest possible deficit-reduction deal on Monday that would involve changes to popular entitlement programs, asking: If not now, when?

Google+ Invitations to Expand

The Google+ invitation button has been available for more than a day now, suggesting Google is loosening up and is more confident about expanding its social network's population.

Murdoch under pressure to reconsider British bid

Britain was looking for a way out of approving media baron Rupert Murdoch's multi-billion dollar deal to buy broadcaster BSkyB amid a phone-hacking scandal that has damaged the prime minister and raised broader questions about politicians' relations with the media.

AIG may replace banks in next share offer

American International Group plans to replace one or more Wall Street banks in its next sale of shares from the U.S. government, The Wall Street Journal reported on Sunday.

Greek budget gap widens, misses targets

A deeper-than-expected recession caused Greece's central government deficit to widen by almost one third in the first half of the year, widely missing an interim budget target under the country's bailout plan, the finance ministry said on Monday.

Wall Street skids on global financial fears

Wall Street stocks sank on Monday as fears about Europe's debt crisis and the global economy sent a shudder through markets and overshadowed the start of the U.S. earnings season.

Merkel: Italy must send signal on budget reforms

German Chancellor Angela Merkel said on Monday that Italy must demonstrate it is undertaking the budget reforms required to restore confidence in the euro zone, and she was confident that it would do so.

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