World News

Wed, May 23, 2012

Analysis: Golden age or bubble? Plane-makers walk the line

By Kyle Peterson

CHICAGO (Reuters) - From a chilly perch in Burnsville, Minnesota, Tim Zemanovic has an unusual perspective on the global aircraft market, which ...

Wed, May 23, 2012

Facebook, Zuckerberg, banks sued over IPO

(Reuters) - Facebook Inc, Chief Executive Mark Zuckerberg, and several banks led by Morgan Stanley were sued by shareholders, who claimed the defendants hid the ...

Wed, May 23, 2012

Exclusive: Euro zone to prepare for Greek exit scenario: sources

By Jan Strupczewski and Claire Davenport

BRUSSELS (Reuters) - Each euro zone country will have to prepare a contingency plan for the eventuality of Greece ...

Wed, May 23, 2012

Ailing demand shrinks Greek current account gap

ATHENS (Reuters) - Greece's current account deficit narrowed by close to a fifth in March, data showed on Wednesday, reflecting a sharp drop in ...

Wed, May 23, 2012

Exclusive: New euro bailout fund may not have sufficient staff

By Matthias Sobolewski

BERLIN (Reuters) - An external consulting firm charged with evaluating the structure of Europe's new permanent rescue facility has raised questions ...

Wed, May 23, 2012

Spain's banks in focus ahead of Bankia rescue plan

By Jesús Aguado and Sarah White

MADRID (Reuters) - Spain may say on Wednesday how it will plug a hole of at least 8 billion ...

Wed, May 23, 2012

Pakistani doctor jailed for helping CIA find bin Laden

By Ibrahim Shinwari and Jibran Ahmad

PESHAWAR, Pakistan (Reuters) - A Pakistani doctor accused of helping the CIA find Osama bin Laden has been jailed ...

Wed, May 23, 2012

Bundesbank says Greek euro exit "manageable"

BERLIN (Reuters) - The impact of a Greek exit from the euro zone would be substantial but "manageable", Germany's Bundesbank said on Wednesday, raising ...

Wed, May 23, 2012

Iran says Western pressure at talks will be futile

By Marcus George

DUBAI (Reuters) - Iranian Foreign Minister Ali Akbar Salehi said on Wednesday that any efforts by Western powers to put pressure on ...

Wed, May 23, 2012

Stage set for Hollande-Merkel showdown at EU summit

By Luke Baker

BRUSSELS (Reuters) - European leaders will try to breathe life into their stricken economies at a summit over dinner on Wednesday, but ...