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For more headlines on Breaking, National, Business, Finance, Sports and World News, visit our home page Russia Herald.com http://www.russiaherald.com/index.php/ct/10/id/baf10b3527f6df38/ en-us Tue, 07 Feb 2012 22:05:13 -0500 Tue, 07 Feb 2012 22:05:13 -0500 30 ATHENS - Unions in Greece went on strike against austerity measures Tuesday as Prime Minister Lucas Papademos tried hard to persuade leaders of his coalition government to accept the tough bailout pla http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203305960/cs/1/ Tue, 07 Feb 2012 13:43:40 -0500 Russia Herald.com http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203305960/cs/1/ NEW YORK Mining giant Xstrata and Glencore, the world's biggest commodity trader, have announced a $90 billion all-share merger to create the world's fourth largest natural resources company. http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203305958/cs/1/ Tue, 07 Feb 2012 13:34:15 -0500 Russia Herald.com http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203305958/cs/1/ An escalation of the eurozone debt crisis is the biggest threat to the economy as it could prompt deflation, the Swiss National Bank (SNB)'s acting chairman has ... http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203306934/ Tue, 07 Feb 2012 15:17:07 -0500 Swiss Info http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203306934/ NEW YORK -- The euro rose against the dollar on expectations that Greek politicians will agree on a new cost-cutting plan.Greece needs to agree on new austerity measures in order to receive more ... http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203306941/ Tue, 07 Feb 2012 15:03:09 -0500 Miami Herald http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203306941/ (BRUSSELS) - The head of the European Union executive was forced Tuesday to try and quell mounting suggestions that it might be cheaper and easier for the eurozone to cut Greece adrift.A Greek exit ... http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203306925/ Tue, 07 Feb 2012 14:43:49 -0500 EU Business http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203306925/ ) - The European Commission rejected on Tuesday a request from Greece to help pay to build a fence along its porous border with Turkey, calling the project "pointless." Greece started ... http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203306927/ Tue, 07 Feb 2012 14:43:37 -0500 EU Business http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203306927/ ) - EU regulators raided a series of electricity trading exchanges Tuesday, probing fears that wholesalers may be operating an energy cartel, the European Commission said. "Officials undertook ... http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203306932/ Tue, 07 Feb 2012 14:43:31 -0500 EU Business http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203306932/ ) - A split widened within the aviation industry Tuesday over EU charges for carbon emissions, as Europe's low-cost carriers accused Chinese and US rivals of "gunboat" diplomacy ... http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203306931/ Tue, 07 Feb 2012 14:43:26 -0500 EU Business http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203306931/ ) - UN trade and development chief Supachai Panitchpakdi on Tuesday defended the introduction of a European financial transaction tax. "We think that it could help to regulate some of the ... http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203306930/ Tue, 07 Feb 2012 14:43:24 -0500 EU Business http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203306930/ LONDON - Standard Life Investments, the fourth largest investor in miner Xstrata, intends to vote against the recommended merger of equals with suitor Glencore International, which it says ... http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203306942/ Tue, 07 Feb 2012 14:36:21 -0500 CNBC http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203306942/ The euro bought US$1.3111 and 100.57 yen in Tokyo midday trade, compared with US$1.3129 and 100.49 yen in New York late Monday. The euro is likely to fluctuate against the dollar and yen as ... http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203306939/ Tue, 07 Feb 2012 14:35:44 -0500 The China Post http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203306939/ Greece was fighting to avoid economic disaster tonight amid political stalemate, nationwide strikes and controversial claims that the country could leave the eurozone without triggering a single ... http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203306938/ Tue, 07 Feb 2012 14:33:36 -0500 Breaking News.ie http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203306938/ GENEVA – Switzerland's biggest bank, UBS AG, saw its profits slide by 76 percent in the fourth quarter, in a further sign that a $2 billion trading scandal last year has dented business ... http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203306943/ Tue, 07 Feb 2012 14:19:48 -0500 Yahoo News http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203306943/ So I discovered when I invited Satyajit Das and Emanuel Derman to discuss their reading in the wake of the crisis that killed off Lehman Brothers Holdings ... http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203306921/ Tue, 07 Feb 2012 14:10:14 -0500 Business Week http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203306921/ Feb. 7 (Bloomberg) -- Deutsche Lufthansa AG will deepen the integration of its brands in a savings drive aimed at boosting annual earnings by 1.5 billion-euro ($2 billion) by ... http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203306922/ Tue, 07 Feb 2012 14:10:10 -0500 Business Week http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203306922/ Feb. 7 (Bloomberg) -- U.K. Prime Minister David Cameron, marking the 200th anniversary of author Charles Dickens’s birth today, was given an austerity-themed gift by Culture Secretary Jeremy ... http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203306923/ Tue, 07 Feb 2012 14:10:07 -0500 Business Week http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203306923/ Jan. 25 (Bloomberg) -- The captain of the Carnival Corp.’s Costa Concordia cruise ship that capsized off the Italian coast on Jan. 13 told company officials he needed to abandon the vessel two ... http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203306924/ Tue, 07 Feb 2012 14:10:04 -0500 Business Week http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203306924/ A Mitsubishi Motors boss has offered to sell its Dutch factory for one euro, a day after the Japanese car-maker said it was halting production there. As 1,000 workers blocked entrances to the ... http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203306584/ Tue, 07 Feb 2012 13:30:24 -0500 BBC http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203306584/ Greek government is preparing a draft bailout deal sparked a rally in the euro versus the dollar. The draft agreement on a 130 billion euro bailout will be put ... http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203306936/ Tue, 07 Feb 2012 13:24:02 -0500 Yahoo!7 News http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203306936/ Travel advisories have been issued in Europe that theft is on the rise in New Zealand, as more visitors tell of holidays ruined by criminals targeting campervans. But the victims and their embassies ... http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203306933/ Tue, 07 Feb 2012 12:30:16 -0500 New Zealand Herald http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203306933/ Japan's Mitsubishi Motors is willing to sell its Dutch factory "for €1" if the buyer keeps employing its 1500 workers, the company president says. "If the payroll of about 1500 factory ... http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203306940/ Tue, 07 Feb 2012 12:10:00 -0500 New Zealand Herald http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203306940/ The following article is based on a report given by Peter Schwarz, a member of the editorial board of the World Socialist Web Site and secretary of the International Committee of the Fourth ... http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203300140/ Tue, 07 Feb 2012 10:14:29 -0500 wsws.org http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203300140/ Spain's top three banks said today that they are putting aside €6.1 billion to cover for doubtful property loans in 2012 as part of a banking sector shake-up. The banks - Santander, BBVA ... http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203300122/ Tue, 07 Feb 2012 10:01:52 -0500 RTE http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203300122/ British accountancy software group Sage has bought Dublin-based Integral Computers for up to €20m in cash. Integral Computers, a payment processing provider, was founded in 1989. It provides ... http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203300123/ Tue, 07 Feb 2012 10:01:48 -0500 RTE http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203300123/ Euro Disney, which operates a giant Disney resort near Paris in France, said its first-quarter sales rose 1.1% despite difficult conditions as it attracted more visitors. "Increased visitor ... http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203300124/ Tue, 07 Feb 2012 10:01:42 -0500 RTE http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203300124/ Eurozone banks are tightening lending conditions for both businesses and households even as demand falls as the sovereign debt crisis drags on, the European Central Bank found on Wednesday. In its ... http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203300119/ Tue, 07 Feb 2012 09:56:41 -0500 Daily Nation http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203300119/ Greece ‘s intententions on taking the EUR130bn (108bn) rescue package for the debt-choked country had been strong until tonight as officials announced a deal on the Greek rescue package would ... http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203300082/ Tue, 07 Feb 2012 09:56:08 -0500 National Turk http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203300082/ (MENAFN) Eurostat, the statistics office of the European Union (EU), said that by the end of last year's third quarter, the euro-zone's government debt slipped to 87.4 percent of gross ... http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203300128/ Tue, 07 Feb 2012 09:53:25 -0500 MENAFN http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203300128/ IMF /ECB in return for €130bn in bailout loans, the country’s leaders are meeting again today. All coalition leaders must agree to the terms – Greece is also under pressure because ... http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203300135/ Tue, 07 Feb 2012 09:46:07 -0500 Independant http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203300135/ ) - German airline Lufthansa said Tuesday it planned to boost earnings sustainably by at least 1.5 billion euros ($1.8 billion) by 2014. A Lufthansa spokeswoman said chief executive Christoph Franz ... http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203300109/ Tue, 07 Feb 2012 09:36:45 -0500 EU Business http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203300109/ ) - The European Union is considering new sanctions against Syria's central bank and a ban on gold trade in an effort to further cut the regime's access to funds, diplomats said Tuesday. ... http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203300112/ Tue, 07 Feb 2012 09:36:42 -0500 EU Business http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203300112/ ) - EU prosecutors in Kosovo trying seven people accused of organ trafficking in a landmark case said Tuesday they have asked Russia, Ukraine, Israel and Turkey to help identify victims of the ... http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203300111/ Tue, 07 Feb 2012 09:36:39 -0500 EU Business http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203300111/ ) - New Western sanctions will fail to force Iran to give up its nuclear "rights," a foreign ministry official said on Tuesday, a day after the United States unveiled more measures against ... http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203300114/ Tue, 07 Feb 2012 09:36:31 -0500 EU Business http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203300114/ ) - The European Union has no plans to withdraw its head of delegation from Syria, a spokesman said Tuesday, stressing that the EU needs a presence there to "report and observe". ... http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203300116/ Tue, 07 Feb 2012 09:36:25 -0500 EU Business http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203300116/ ) - French media group Lagardere said on Tuesday it would cut the value of its assets by about 900 million euros ($1.18 billion) to account for the poor performance of sports and pay TV operations. ... http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203300117/ Tue, 07 Feb 2012 09:36:22 -0500 EU Business http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203300117/ * Athens baulking at accepting painful terms for new package * But markets optimistic Greece will secure rescue deal * Aussie hits 6-mth high as RBA keeps rates on hold * Japan finmin repeats yen ... http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203300126/ Tue, 07 Feb 2012 09:33:02 -0500 Congoo http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203300126/ FRANKFURT, Germany – German industrial production fell 2.9 percent in December from the month before, according to official data released Tuesday, suggesting the country's economic ... http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203300131/ Tue, 07 Feb 2012 09:17:57 -0500 Yahoo News http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203300131/ GENEVA – Switzerland's economy is expected to "slow considerably" this year and might require more central bank intervention to steady it despite the Swiss franc falling back ... http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203300132/ Tue, 07 Feb 2012 09:17:52 -0500 Yahoo News http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203300132/ BRUSSELS – Steel maker ArcelorMittal was cautiously optimistic about its near-term prospects even after it reported a heavy fourth quarter loss generated by a deteriorating European economy ... http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203300133/ Tue, 07 Feb 2012 09:17:47 -0500 Yahoo News http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203300133/ LONDON (Reuters) – European banking regulators pore over plans this week from 31 lenders to plug a 115 billion euro ($150 billion) hole in their capital cushions and help restore investor ... http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203300134/ Tue, 07 Feb 2012 09:17:44 -0500 Yahoo News http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203300134/ A COTTAGE in Co Leitrim is to go under the hammer next month with a reserve price of just €7,500.The two-bed rural retreat is one of 100 lots to be auctioned in the next Allsop Space auction on ... http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203300138/ Tue, 07 Feb 2012 09:17:26 -0500 Independent.ie http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203300138/ BANKRUPT businessman Sean Quinn will not be represented in his family's legal action to stop Anglo Irish Bank pursuing them to recover €2.3bn loans.The State's bankruptcy official has ... http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203300139/ Tue, 07 Feb 2012 09:17:14 -0500 Independent.ie http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203300139/ Feb. 7 (Bloomberg) -- Glencore International Plc’s agreed 39.1 billion pound- ($62 billion) takeover of Xstrata Plc, making it the world’s biggest thermal coal exporter, poses a new ... http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203300105/ Tue, 07 Feb 2012 09:10:05 -0500 Business Week http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203300105/ Feb. 7 (Bloomberg) -- Glencore International Plc, the world’s largest publicly traded commodities supplier, agreed to buy Xstrata Plc for about 26 billion pounds ($41 billion) in shares in the ... http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203300106/ Tue, 07 Feb 2012 09:10:01 -0500 Business Week http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203300106/ Feb. 7 (Bloomberg) -- Swiss central bank interim Chairman Thomas Jordan said the franc remains "very strong" and policy makers can’t allow the currency to appreciate ... http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203300108/ Tue, 07 Feb 2012 09:09:53 -0500 Business Week http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203300108/ gains with Xstrata, Glencore down after merger update * Defensives rise, Shire up ahead of results By David Brett LONDON Feb 7 (Reuters) - Britain's FTSE 100 ebbed lower by midday on Tuesday as ... http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203300129/ Tue, 07 Feb 2012 08:17:05 -0500 London South East http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203300129/ as Glencore, Xstrata complete merger * BP, Cairn rise By David Brett LONDON Feb 7 (Reuters) - Miners led Britain's FTSE 100 lower early on Tuesday after Glencore's merger with Xstrata ... http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203300130/ Tue, 07 Feb 2012 08:17:02 -0500 London South East http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203300130/ Santander, the biggest euro zone bank by market capitalisation, said today that it would book an extra €2.3 billion in provisions against risky property investments this year. A statement said ... http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203295830/ Tue, 07 Feb 2012 04:57:33 -0500 RTE http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203295830/ (BERLIN) - Eurogroup chief Jean-Claude Juncker lent support Tuesday to a Franco-German proposal to set aside bailout funds for Greece in a special account to cover interest payments on its massive ... http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203295825/ Tue, 07 Feb 2012 04:33:10 -0500 EU Business http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203295825/ Satoshi Ariizumi / Yomiuri Shimbun Staff Writer The government is strengthening its economic diplomacy by utilizing foreign exchange holdings to help stem Europe's ongoing financial crisis and ... http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203295833/ Tue, 07 Feb 2012 04:29:11 -0500 Congoo http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203295833/ reported quarterly earnings that fell short of forecasts on Tuesday and said global economic concerns could generate headwinds for revenue growth in the current ... http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203295832/ Tue, 07 Feb 2012 04:28:52 -0500 CNBC http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203295832/ Feb. 7 (Bloomberg) -- Stocks rose and the euro strengthened as Greece held negotiations to secure rescue funds. The Australian dollar jumped to a six-month high after the central bank unexpectedly ... http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203295687/ Tue, 07 Feb 2012 04:27:24 -0500 Business Week http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203295687/ ZURICH (Reuters) – Swiss bank UBS (UBSN.VX) posted a loss at its investment bank and warned that the unit's poor performance would also affect first-quarter results as the euro zone debt ... http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203295835/ Tue, 07 Feb 2012 04:18:57 -0500 Yahoo News http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203295835/ ATHENS (Reuters) – Greek leaders face crunch talks on Tuesday to secure a new international bailout and avoid a chaotic debt default, caught between EU demands that they accept painful reforms ... http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203295836/ Tue, 07 Feb 2012 04:18:50 -0500 Yahoo News http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203295836/ IMF: Growth in China could drop by half if a sharp recession hits Europe Underscored the importance of global trade to the world's second largest ... http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203295813/ Tue, 07 Feb 2012 04:16:37 -0500 CNN Asia http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203295813/ Feb. 6 (Bloomberg) -- European bank supervisors may discuss easing requirements for lenders to hold capital against sovereign debt this week as part of more than 30 meetings this month to track ... http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203295817/ Tue, 07 Feb 2012 04:12:09 -0500 Business Week http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203295817/ Feb. 6 (Bloomberg) -- Hedge funds seeking to wring profits from a Greek debt restructuring are underestimating the will of policy makers to impose losses on them, according to investors who say ... http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203295816/ Tue, 07 Feb 2012 04:12:06 -0500 Business Week http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203295816/ Feb. 6 (Bloomberg) -- Air France scrapped some flights today because of a strike by pilots, cabin crew and ground workers over proposed changes to rules governing labor ... http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203295815/ Tue, 07 Feb 2012 04:12:03 -0500 Business Week http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203295815/ Feb. 6 (Bloomberg) -- Vodafone Group Plc decided to abandon an attempt to merge its Greek unit with rival Wind Hellas after facing European Union regulatory ... http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203295819/ Tue, 07 Feb 2012 04:12:00 -0500 Business Week http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203295819/ Feb. 6 (Bloomberg) -- Luxury-home prices in central London gained for the 15th consecutive month in January as overseas investors seeking to protect their wealth competed for the few properties for ... http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203295820/ Tue, 07 Feb 2012 04:11:56 -0500 Business Week http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203295820/ Schoenau, 39, is one of 3.6 million workers in the metal and electrical industries clamoring for as much as 6.5 percent more in their paychecks when unions lock horns with employers next month. ... http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203295822/ Tue, 07 Feb 2012 04:11:50 -0500 Business Week http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203295822/ Feb. 7 (Bloomberg) -- U.K. lawmakers will today debate a motion from the opposition Labour Party calling on all British banks to cut their bonuses, on the grounds that even those not rescued in 2008 ... http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203295824/ Tue, 07 Feb 2012 04:11:43 -0500 Business Week http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203295824/ 8.47am: Jean-Claude Juncker, who heads the eurogroup of finance ministers, is the first EU leader to hit the headlines today.Juncker told German radio that "the euro would outlast us all", ... http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203295826/ Tue, 07 Feb 2012 03:57:17 -0500 The Guardian http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203295826/ BOND analysts yesterday dismissed claims by former National Treasury Management Agency (NTMA) chief Michael Somers that investors will not buy Irish bonds because of a low credit rating.Mr Somers ... http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203291484/ Tue, 07 Feb 2012 00:43:28 -0500 Independant http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203291484/ (LUJIAZHUANG) - Xie Guolu proudly shows off the two-storey home he is having built in the small Chinese village of Lujiazhuang, paid for by money his son earns thousands of kilometres away in ... http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203291474/ Tue, 07 Feb 2012 00:36:17 -0500 EU Business http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203291474/ (ATHENS) - Greek trade union leaders called a general strike on Tuesday, as embattled Greek Prime Minister Lucas Papademos faced growing pressure from EU leaders to adopt tough new austerity ... http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203291476/ Tue, 07 Feb 2012 00:36:12 -0500 EU Business http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203291476/ (BRASILIA) - EU foreign affairs chief Catherine Ashton and Brazilian foreign minister Antonio Patriota on Monday underscored their support for the Arab League effort to end violence in ... http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203291477/ Tue, 07 Feb 2012 00:36:07 -0500 EU Business http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203291477/ * Markets appear optimistic that Greece will secure rescue deal * Athens baulking at accepting painful terms for new package * Aussie holds firm in face of possible rate cut by RBA By Ian Chua ... http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203291482/ Tue, 07 Feb 2012 00:33:23 -0500 Congoo http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203291482/ Anglo Irish Bank has agreed to let TV3's private equity owner make no repayments and incur no interest on an €80m loan until the TV network is eventually sold.Anglo's agreement to ... http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203291486/ Tue, 07 Feb 2012 00:21:37 -0500 Independent.ie http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203291486/ Assad is using tanks and artillery in cities where protesters are calling for the end of the regime. At least 174 people were killed on Feb. 4, said the U.K.-based Syrian Observatory for Human ... http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203291470/ Tue, 07 Feb 2012 00:15:31 -0500 Business Week http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203291470/ Feb. 7 (Bloomberg) -- Pfizer Inc.’s breast-cancer drug Aromasin worsened bone loss in post-menopausal women, raising the chance of fractures and calling into question whether the pill’s ... http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203291473/ Tue, 07 Feb 2012 00:15:27 -0500 Business Week http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203291473/ Feb. 7 (Bloomberg) -- Barclays Plc, the only U.K. consumer bank not to have scrapped its profitability target amid Europe’s debt crisis, will struggle to reach the goal without cutting costs ... http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203291472/ Tue, 07 Feb 2012 00:15:24 -0500 Business Week http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203291472/ Feb. 7 (Bloomberg) -- Greek Prime Minister Lucas Papademos plans today to discuss with the nation’s political leaders the implementation of additional fiscal measures needed to secure a second ... http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203291471/ Tue, 07 Feb 2012 00:15:20 -0500 Business Week http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203291471/ U.S. Dollar Trading (USD) stocks pared back some of the Jobs data with Greece missing the deadline for a deal and extending talks to avoid a default amongst warnings from the rest of Europe to find ... http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203291485/ Mon, 06 Feb 2012 23:59:14 -0500 FXstreet http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203291485/ * Greece delays bailout talks while Merkel demands action * Euro seen vulnerable to testing back below $1.30 * IMF chief economist expects substantial Greek 'haircut' By Julie Haviv NEW ... http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203286553/ Mon, 06 Feb 2012 20:15:56 -0500 Congoo http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203286553/ ATHENS, Greece – Greece's coalition government caved in to demands to cut civil service jobs, announcing 15,000 positions would go this year, amid mounting international pressure to agree ... http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203286556/ Mon, 06 Feb 2012 20:01:47 -0500 Yahoo News http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203286556/ ARTHUR BEESLEYCONTINGENCY: GREEK EU commissioner Maria Damanaki has said contingency plans for her country to leave the euro if it defaults are under examination.Ms Damanaki, who holds the ... http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203286555/ Mon, 06 Feb 2012 20:01:00 -0500 Irish Times http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203286555/ Feb. 6 (Bloomberg) -- As a debt-crisis remedy eludes European leaders, Britain is readying its economic defenses amid warnings that a breakup of the euro would spell havoc for the U.K. ... http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203286551/ Mon, 06 Feb 2012 19:53:39 -0500 Business Week http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203286551/ Feb. 6 (Bloomberg) -- A U.S. proposal to sanction Iran’s state-owned oil company and its main tanker fleet may ensnare any person or business in the world involved in purchasing or shipping ... http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203286463/ Mon, 06 Feb 2012 19:53:35 -0500 Business Week http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203286463/ The International Monetary Fund (IMF) said today that a recession in the Eurozone would likely reduce China's actual growth by about 50 percent of the current projection. That would place ... http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203286560/ Mon, 06 Feb 2012 19:37:32 -0500 FXstreet http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203286560/ The London stock market could slump by as much as 30 percent -- with financial shares collapsing by 60 percent -- if the eurozone debt crisis leads to a break-up of the single currency. The ... http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203281120/ Mon, 06 Feb 2012 16:32:34 -0500 Hispanic Business Magazine http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203281120/ ) - The charity group Medecins du Monde (Doctors of the World) decided Monday to suspend its activites in northern Mali due to fighting in the region that drew concerns from the European Union. The ... http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203281112/ Mon, 06 Feb 2012 16:24:23 -0500 EU Business http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203281112/ ) - The United States on Monday said it has bowed to demands from the European Union and Japan to end its controversial "zeroing" anti-dumping practice. US Trade Representative Ron Kirk ... http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203281113/ Mon, 06 Feb 2012 16:24:16 -0500 EU Business http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203281113/ Lamborghini, the maker of low-slung supercars once advertised as "closer to the road," is planning a new model that will be further from the tarmac than ever: an ... http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203281119/ Mon, 06 Feb 2012 16:20:11 -0500 CNBC http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203281119/ By Ioana Patran and Sam Cage BUCHAREST, Feb 6 (Reuters) - Romania's Prime Minister Emil Boc resigned on Monday after weeks of nationwide protests against austerity measures and before a ... http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203281118/ Mon, 06 Feb 2012 16:20:01 -0500 CNBC http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203281118/ Feb. 6 (Bloomberg) -- Virgin Atlantic Airways Ltd. is spending 100 million pounds ($158 million) revamping its premium cabin to fend off British Airways and American ... http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203281102/ Mon, 06 Feb 2012 16:00:00 -0500 Business Week http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203281102/ Feb. 6 (Bloomberg) -- Tesco Plc, the U.K.’s largest grocery chain, said it’s taking a "cautious approach" to introducing new banking products after a report that it will delay ... http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203280946/ Mon, 06 Feb 2012 15:59:49 -0500 Business Week http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203280946/ An index of job security rose 9 points to minus 24 from December, the unit of Lloyds Banking Group Plc said in an e- mailed report in London today. However, that’s below the average seen ... http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203281106/ Mon, 06 Feb 2012 15:59:46 -0500 Business Week http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203281106/ Feb. 6 (Bloomberg) -- Job vacancies at London’s financial- services companies more than doubled last month as medium-sized banks and fund managers sought staff, recruitment firm Astbury ... http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203281110/ Mon, 06 Feb 2012 15:59:33 -0500 Business Week http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203281110/ IDG News Service - A French laptop buyer has won a refund from Lenovo after a four-year legal battle over the cost of a Windows license he didn't want. The judgment could open the way for PC ... http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203281111/ Mon, 06 Feb 2012 15:36:28 -0500 CIO http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203281111/ Environment Minister Phil Hogan has today announced that charges to be levied on owners of septic tanks will be lower than expected.Minister Hogan has revealed that the registration fee for septic ... http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203281098/ Mon, 06 Feb 2012 15:33:15 -0500 Breaking News.ie http://story.russiaherald.com/index.php/ct/9/cid/baf10b3527f6df38/id/203281098/