BEIJING (Reuters) - Chinese Premier Wen Jiabao said on Sunday that external calls for yuan appreciation were unhelpful and even a form of trade protectionism, vowing that Beijing would stick to its own course for currency reform.
Blending his trademark folksy tone with assertiveness born of leading the world's fastest-growing ...More
NEW YORK (Reuters) - French Economy Minister Christine Lagarde said on Saturday that she does not expect Euro zone finance ministers to make any decision on financial help for Greece when they meet next week.
"I'm certainly not expecting any decision being made, or any button being pressed, or any ...More
NIAMEY (Reuters) - The new junta ruling in Niger, one of the world's biggest uranium producers, should review and possibly renegotiate dozens of resource exploitation contracts, civil rights groups said on Saturday.
The West African state, which produces 7.5 percent of the world's uranium, has a longstanding partnership ...More
ATHENS (Reuters) - Most Greeks think draconian austerity measures announced by the government earlier this month were along the right lines and many feel labor unions should not oppose them too aggressively, a poll showed.
Some 50.1 percent of 1,008 people surveyed by polling agency Marc for the Sunday ...More
ZURICH (Reuters) - The chief executive of Swisscom AG <SCMN.VX> said Fastweb <FWB.MI> was a victim of fraud, a Swiss paper reported on Saturday, the second time the CEO has come out in defense of his company's subsidiary.
Fastweb and its CEO Stefano Parisi are being investigated as ...More
BRUSSELS (Reuters) - Euro zone finance ministers are likely to agree on Monday on a mechanism for aiding Greece financially, if it is required, but will leave out any sums until Athens asks for them, an EU source said on Saturday.
Policymakers have been debating possible financial support for the heavily-indebted ...More
ZURICH (Reuters) - UBS <UBSN.VX> is considering possibly returning to its commodities business this year, some of which it sold during the financial crisis, a Swiss newspaper said on Saturday, citing the co-head of UBS's investment bank.
According to the Neue Zuercher Zeitung, which gave no direct quotes, Co-Chief ...More
KUWAIT (Reuters) - Kuwait's Investment Dar <TIDK.KW>, which owns half of British carmaker Aston Martin, is applying for support under a government facility set up for troubled companies as part of a debt restructuring.
Problems at Kuwaiti investment firms, including Dar, led the government of the world's fourth-largest ...More
KUWAIT (Reuters) - Kuwait's Investment Dar <TIDK.KW>, which owns half of British carmaker Aston Martin, is applying for support under a government facility set up for troubled companies as part of a debt-restructuring plan.
Problems at Kuwaiti investment firms, including Dar, led the government of the world's fourth-largest ...More
LOS ANGELES (Reuters) - The primary general contractor for the $8.5 billion CityCenter project on the Las Vegas Strip plans to sue the project's owners for $492 million.
Casino operator MGM Mirage <MGM.N>, which owns the multi-tower site in a 50-50 partnership with Dubai World , disclosed the threatened ...More
