Greece raises $2b from treasury bill auction

2010-07-14 03:00:53

Greece successfully auctioned on Tuesday its six-month treasury bills, raising 1.625 billion euros ($2.04 billion) from the market, the Greek Public Debt Management Organization announced.

Obama urges Senate to pass Wall Street bill

2010-07-14 02:21:24

US President Barack Obama said on Tuesday that the financial reform bill is good for the entire economy, and the Senate should give it a green light as soon as possible.

BP's oil clean-up cost rises to $3.5b

2010-07-13 05:00:49

British oil giant BP said Monday the cost of cleaning up the oil spill in the Gulf of Mexico has climbed to $3.5 billion.

Wall Street edges higher ahead of earning season

2010-07-13 04:34:41

The US stocks traded modestly higher on Monday as investors avoided making big bets ahead of the earning season.

Crude prices retreat as dollar strengthens

2010-07-13 04:12:19

Crude prices retreated on Monday as the US dollar strengthened against other major currencies.

Greek budget deficit reduced by 46% in 1st half of 2010

2010-07-13 03:25:29

Greek budget deficit was reduced by 46 percent in the first half of 2010 to 9.645 billion euros ($12. 144 billion) from 17.866 billion euros the same period in 2009, the Greek Finance Ministry announced on Monday.

Greek PM calls for end to economic inequalities

2010-07-13 00:07:03

Greek Prime Minister George Papandreou called on Monday for an end to wide economic inequalities worldwide and a redistribution of wealth.

Troubled Toyota starts world recall for engine fix

2010-07-06 11:17:24

Toyota started a global recall over engine defects in its Lexus and Crown models, moving to repair nearly 92,000 vehicles in Japan over the latest trouble for the automaker beset with quality problems.

Troubled Toyota recalls about 92,000 cars in Japan

2010-07-05 14:42:37

Toyota started recalling more than 90,000 luxury Lexus and Crown vehicles Monday in Japan over defective engines - the latest setback for the automaker beset with quality problems.

Chinese tourists flock to Japan, boost economy

2010-07-05 08:59:31

Japan's languishing economy is getting a lift from hundreds of thousands of Chinese tourists who are eager to flaunt their newfound wealth by purchasing brand name goods.

GM to file mid-August IPO

2010-07-04 10:26:56

General MotorsCo (GM.UL) plans to fileits nearly $20 billion initial public offering in mid-August, a source familiar with the situation said Friday.

Beleaguered Toyota to recall 270,000 cars globally

2010-07-02 10:13:30

Toyota Motor Corp. announced Friday it will recall 270,000 vehicles worldwide to fix faulty engines in the latest setback for the world's No. 1 automaker.