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Wednesday's early headlines include Greece aid speculation and reports Dubai World will ask for another debt standstill.
Wealthy European nations were moving closer toward swallowing a bitter pill Tuesday: rescuing Greece from its overspending before its debts drag down the euro and stock markets all the way to Wall Street.
Wealthy European nations are moving closer toward swallowing a bitter pill: rescuing Greece from its overspending before its debts drag down the euro.
(AP:BRUSSELS) Wealthy European nations are moving closer toward swallowing a bitter pill: rescuing Greece from its overspending before its debts drag down the euro and stock markets all the way to Wall Street.
Euro ties that bind: Pressured by world markets, EU nations appear close to rescuing Greece
BRUSSELS, Belgium — Wealthy European countries were moving closer toward swallowing a bitter pill Tuesday: rescuing Greece from its overspending before its debts drag down the euro and stock markets all the way to Wall Street.
The problems facing Greece are just the beginning. The countries belonging to Europe's common currency zone are drifting further and further apart, and national bankruptcies are a distinct possibility. Brussels is faced with a number of choices, none of them good.
NEW YORK (Reuters) - CIT Group Inc said its new Chief Executive John Thain will get an annual base salary of US$6 million (S$8.53 million), most of which is in stock, and a bonus of up to another US$1.5 million, in a nod to compensation practices popularized by the Obama administration's pay czar.
The euro is under siege -- and the next few days will be crucial. Financial markets are betting heavily that Greece's crushing debt could drag…
Wall Street posts solid gain after word that the EU will bolster Greek finances.
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