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European Debt Crisis

A collection of news and information related to European Debt Crisis published by this site and its partners.

Top European Debt Crisis Articles

Displaying items 37-48
  • NYSE Euronext profit falls 42%; firm says Sandy shutdown was 'right'

    NYSE Euronext profit falls 42%; firm says Sandy shutdown was 'right'
    Stable markets, subdued trading volume and concerns that the U.S. markets are too complex caused net income at NYSE Euronext, owner of the world’s largest stock exchange, to tumble 42% in the third quarter. The New York-based corporation, which...
  • FDA to strengthen rules on imported foods

    FDA to strengthen rules on imported foods
    In an effort to avoid illness outbreaks from imported foods, the U.S. Food and Drug Administration has proposed new rules that would require importers to verify that their suppliers' standards are on par with those of domestic growers and processors....
  • In France, juice and soda push wine drinking to record low

    In France, juice and soda push wine drinking to record low
    That most Gallic of pursuits – drinking lots and lots of wine – doesn’t seem to have quite the appeal for the French that it used to. The average French adult consumed 57 liters of wine – or about 15 gallons – in 2010,...
  • Eurozone unemployment hits record high 11.6%

    Unemployment in the 17 nations that make up the Eurozone monetary union reached a record high in September, hitting 11.6% as 18.5 million people found themselves jobless. That’s 146,000 more workers who lost their jobs last month, according to...
  • Fed communication, timing key to reduce risk of stimulus exit: IMF

    Fed communication, timing key to reduce risk of stimulus exit: IMF
    WASHINGTON -- Clear communication and proper timing are key to the Federal Reserve ending its unprecedented stimulus efforts without damaging the improving U.S. economic recovery, the International Monetary Fund said Friday. With Fed policymakers set to...
  • Swiss bank UBS to cut 10,000 jobs, or 16% of workforce, by 2015

    Swiss bank UBS to cut 10,000 jobs, or 16% of workforce, by 2015
    Swiss bank UBS will cut 10,000 jobs as it exits from its fixed-income trading business and tries to cut costs and concentrate on wealth management. The Zurich, Switzerland-based institution, which stated that it is “significantly reshaping its...
  • Groupon CEO Andrew Mason: 'I'd be the first person to fire myself'

    Groupon CEO Andrew Mason: 'I'd be the first person to fire myself'
    On Thursday, Groupon Inc.’s board members will reportedly debate the fate of Andrew Mason, the chief executive of the struggling daily deals site. But then again, “it would be weird” if they didn’t, he said. “It’s...
  • Apple shares tumble as stocks fall for second day in last three

    Apple shares tumble as stocks fall for second day in last three
    The stock market endured its second broad decline in three days, as investors fretted about weak earnings in the U.S. and deepening economic stagnation in Europe. Companies ranging from Apple Inc. to Bank of America Corp. were battered as investors fled...
  • U.S. responsible for 3/4 of global weapons sales, government says

    U.S. responsible for 3/4 of global weapons sales, government says
    Global arms transfer agreements between governments – both developing and developed – nearly doubled last year to $85.3 billion, reaching their highest level since 2004. The U.S. dominated as a supplier, making $66.3 billion from transactions...
  • Ouch: Greece's biggest company, Coca-Cola Hellenic, moves out

    Maybe it was the soaring unemployment, or possibly the deep debt crisis. But as Greece struggles with its myriad troubles, its largest company, Coca-Cola Hellenic, is jumping ship to more stable ground. The company, one of the world’s largest...
  • U.S. economy will fall behind China and even India, OECD predicts

    U.S. economy will fall behind China and even India, OECD predicts
    The United States can kiss its position as the world’s largest economy goodbye in a few years, as China and India outrun it, according to new projections by OECD. Over the next five decades, the global balance of economic power will “shift...
  • Greece handing pink slips to more than 25,000 public employees

    Greece handing pink slips to more than 25,000 public employees
    ATHENS – Bowing to pressure from international lenders, Greece on Wednesday moved to put more than 25,000 state workers on notice for dismissal by the end of the year in the first official winnowing of its costly civil sector. The legislation,...