Belfast Telegraph

Euro extends losses to hit fresh four-month lows Reuters | LONDON May 18 (Reuters) - The euro fell on Friday to hit a four-month low against the dollar and a 3-1/2 month trough versus the yen as concerns about a chaotic Greek exit from the euro zone, banking sector worries and contagion risks drove investors ... Dollar Steady Vs Yen In Asia After Plummeting OvernightWall Street Journal Asian shares slide amid fears for Spanish banksReuters India World stocks mixed amid bargain-hunting vs cautionBusinessWeek New York Times -The Associated Press all 615 news articles »

CBC.ca

Moody's downgrades 16 Spanish banks Reuters | NEW YORK (Reuters) - Moody's Investor Service carried out a sweeping downgrade of 16 Spanish banks on Thursday, including Banco Santander, the euro zone's largest bank, citing a weak economy and the government's reduced ability to support troubled ... German Bond Yields Fall to Record After Spanish Bank DowngradesBloomberg Europe Shares Seen Lower; Spain, Greece Worry MarketsCNBC.com Spain hires Goldman Sachs to value Bankia: reportChicago Tribune Washington Post -BusinessWeek all 1,198 news articles »

AFP

Greek euro exit looms as G8 gathers AFP By Andrew Beatty (AFP) – 3 hours ago WASHINGTON — World leaders will huddle at Camp David Friday with the focus on Greece as it stumbles toward an unprecedented eurozone exit that holds wildly uncertain repercussions for the global economy. Global Leaders Seek To Corral Europe CrisisNPR Assessing the Odds of a Greek Euro ExitBusinessWeek Obama expected to push for growth at G-8 summitLos Angeles Times all 7,570 news articles »

Bloomberg

Hewlett-Packard Said to Consider Cutting as Many as 25000 Jobs Bloomberg Play HP Said to Consider Cutting up to 25000 Jobs Hewlett-Packard Co. (HPQ) is considering cutting as many as 25000 jobs, or 8 percent of its workforce, to reduce costs and help the company contend with ebbing demand for computers and services, ... Report: Hewlett-Packard to slash 25000 workersUSA TODAY Reports: HP May Cut 25000 JobsNASDAQ Reports: Hewlett-Packard mulling 25000 to 30000 job cuts to cope with ...Washington Post New York Times -Tom's Hardware Guide -Wall Street Journal all 368 news articles »

Bloomberg

California housing market shows signs of improvement Los Angeles Times By Alejandro Lazo From the Southland to the Bay Area, California's housing market showed strength last month as median prices rose and sales outperformed the same month last year. The Golden State's median home price popped 6% in April to $264000, ... Report: Bay Area home sales, median price upSanta Rosa Press Democrat California home prices, sales rise in AprilSanta Maria Times San Francisco Bay Area Home Prices Increase 8.3% in AprilBloomberg abc7news.com -BusinessWeek all 84 news articles »

Business Daily Africa

Chinese solar makers reject US dumping ruling The Associated Press By JOE McDONALD, AP Business Writer – 1 minute ago BEIJING (AP) — Chinese producers of solar power equipment on Friday rejected an American anti-dumping ruling in a case that threatens to worsen US-Chinese tensions. They warned proposed punitive ... US sets new tariffs on Chinese solar importsReuters Gintech, Neo Solar Gain on U.S. Duties on China: Taipei MoverBloomberg Gintech, Neo Solar Gain on US Duties on China: Taipei MoverBusinessWeek Washington Post all 486 news articles »

AFP

Brent hits 2012 low on Europe turmoil, weak US data Reuters * Brent, US crude on track for third straight weekly drop * Spanish banks suffer credit rating cuts * Seaway pipeline reversal completed; oil to flow this weekend * Investors eye weekend G8 meeting, Iran nuclear talks next week (Adds quotes, ... Glut of oil at Cushing to get release with reversal of Seaway pipelineTulsa World Enterprise, Enbridge complete Seaway pipeline reversalEnergy Business Review Oil Falls a Sixth Day on Economy; Brent Premium NarrowsBloomberg BusinessWeek all 200 news articles »

USA TODAY

Consumer price inflation for April accelerates to 10.36% versus 9.47% in March Economic Times NEW DELHI: Consumer price inflation accelerated in April to 10.36 per cent, making life harder for the central bank as it looks to kickstart a flagging economy, government data showed on Friday. In March, consumer prices rose 9.47 per cent. India's April CPI Inflation Rate Up At 10.36%RTT News April CPI inflation accelerates to 10.36 pct y/yReuters India Vegetable prices push retail inflation to double digitThe Hindu Times of India -Bloomberg -New York Times all 459 news articles »

Bloomberg

Mitsubishi Heavy Makes Japan's First Commercial Satellite Launch Bloomberg Mitsubishi Heavy Industries Ltd. (7011) and Japan Aerospace Exploration Agency made their first commercial satellite launch today in a challenge to European and Russian services. A Korea Aerospace Research Institute satellite was onboard an H-2A rocket ... Japan Successfully Launches South Korean SatelliteRTT News Japan launches rocket with first foreign satelliteFox News all 208 news articles »

Bloomberg

GlaxoSmithKline target adopts 'poison pill' Philadelphia Inquirer By David Sell Human Genome Sciences Inc. filed a plan with regulators Thursday to try to block GlaxoSmithKline PLC's $2.6 billion takeover offer for the Maryland-based pharmaceutical company. The shareholder-rights plan — a corporate tactic often ... Glaxo undeterred by Human Genome 'poison pill'MiamiHerald.com Human Genome adopts 'poison pill' measureBusinessWeek Human Genome in Talks With Potential SuitorsBloomberg Wall Street Journal all 187 news articles »