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Greece

Greek Parliament Approves Cuts in Health Spending

The Greek parliament approved an extension of pharmacy opening hours and cuts to drug spending Thursday as part of a package of healthcare reforms agreed in return for last week's 130 billion euro international bailout deal.
Angela Merkel and Chinese Premier Wen Jiabao

Will China Help to Alleviate the Euro zone Debt Crisis?

China's engagement in resolving the euro zone debt crisis has been a topic of contention. High-profile Chinese leaders, such as Vice Premier Wen Jiabao and Vice President Xi Jinping, have reassured the European countries that China would invest in alleviating the debt. However, a financial plan has yet to be communicated.
Apple iPad 3 Invitation

iPad 3 Release March 7: Can Proview Dispute Stop Tech Juggernaut from Launching New Tablet?

Apple has its feet firmly on the ground though Proview is trying to drag the tech giant into the quicksand with the iPad trademark dispute which is brewing in China, and now in the U.S. The Cupertino-based company announced Tuesday that it will hold a special event on March 7 at Yerba Buena Center for the Art in San Francisco. The media invite for the event, which will kick off at 1pm ET, read, “We have something you really have to see. And touch.” The invite shows the bottom of a device, which...
Banco Santander SA

Santander, KBC to Merge Polish Units

Spain's Banco Santander, the biggest lender in the euro zone by market capitalization, said Tuesday that it will take over Poland’s Kredyt Bank from Belgium’s KBC Group in an all-share deal that values the combined entity at $6.69 billion.
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Obama to Sign Order Creating Trade Enforcement Unit

President Barack Obama, following through on a promise to beef up enforcement of trade agreements, on Tuesday will sign an executive order creating a new government team to make sure China and others play by the rules, the White House said.
Assad Syria

Syria Sanctions Tightened by EU

As Syrians head to the polls, the European Union imposed a new set of sanctions on Monday in an attempt to get President Bashar al-Assad to call off his assault on the city of Homs and on opposition protestors.
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Stock Futures Pull Back From 4-Year High

Stock index futures fell on Monday in low volume following the S&P 500's four-year closing high last week and after the Group of 20 leading economies told Europe it must commit more money to fight the EU debt crisis before seeking broader help.
Traders work on the floor of the New York Stock Exchange

Stock Futures Slip From 4-Year Highs

Stock index futures fell Monday in low volume following the S&P 500's four-year closing high last week and after the Group of 20 leading economies told Europe it must commit more money to fight the EU debt crisis before seeking broader help.
U.S. Treasury Secretary Timothy Geithner (C) arrives at a meeting of Group of 20 finance ministers and central bankers in Mexico City February 25, 2012.

G-20 Inches Toward $2 Trillion in Rescue Funds for Euro Zone

Germany is easing its opposition to a bigger European bailout fund, officials said, smoothing the way for the world's leading economies to secure nearly $2 trillion in firepower to prevent more fallout from the euro-zone's sovereign-debt crisis.

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