Tourists walk in front of the ancient Herodes Atticus theatre below the hill of the Acropolis in Athens November 28, 2011. REUTERS/Yiorgos Karahalis

Europe slowdown adds tension to Greek drama

Europe's economic slowdown has hit the engine-room of the euro zone, gloomy new indicators reveal, adding urgency to the region's struggle to keep Greece's debt crisis from tearing the single currency apart.  Full Article 

FTSE on track for best week in a month 9:12am BST

LONDON - The equities edged up on Friday, with bottom-fishing buyers putting the market on track for its best week in a month, but traders said ongoing concerns about Greece and the euro zone left the door open for a retest of 2012 lows.

China's President Hu Jintao looks at an attendant during the opening ceremony of the Chinese People's Political Consultative Conference (CPPCC) at the Great Hall of the People in Beijing March 3, 2012. REUTERS/Jason Lee
China

China leadership rules Bo case isolated

BEIJING - Chinese President Hu Jintao has demanded senior Communist Party officials stifle tensions over the ousting of ambitious politician Bo Xilai and show unity as they prepare for a change of leadership, sources briefed on recent meetings say.  Full Article 

In this photo illustration, a Facebook logo on a computer screen is seen through a magnifying glass held by a woman in Bern May 19, 2012. Picture taken May 19, 2012. REUTERS/Thomas Hodel

Facebook market maker losses top $100 million

Claims by four of Wall Street's main market makers against Nasdaq over Facebook's botched IPO are likely to exceed $100 million, as they and other traders continue to deal with thousands of problems with customer orders.  Full Article | Video 

Italian Prime Minister Silvio Berlusconi shows his teeth during a news conference at Chigi palace in Rome February 9, 2011. REUTERS/Tony Gentile

Why are Greek and Italian politicians so bad?

ROME - Bungles by widely despised politicians in Greece and Italy, just as people cry out for strong leadership in their hour of greatest need, raise the question of why the leaders of these cradles of two great ancient civilisations have failed so spectacularly.  Full Article 

A man makes a transaction at an ATM machine outside a bank branch in central Athens May 24, 2012. Police say that gangs who may have once eyed "hard targets", - like the banks themselves, or jewelers - are now going after homes of ordinary people, where there is far less risk and often large stashes of cash freshly withdrawn from savings accounts. REUTERS/John Kolesidis

Greek burglars cash in as savers flee banks

ATHENS - Andreas and Emilia Karabalis, both 80, feared their bank would collapse, so they withdrew their life savings and stashed them home for safety. Days later, the thieves came in the night, beat them, and took everything.  Full Article 

Screenshot. REUTERS TV

Life After the City: Burrito man, from tax to tacos

What motivates a corporate tax lawyer to leave the City and open a Mexican restaurant? Meet Ben Fordham, director of the Benito's Hat chain.  Video 

Life After the City: Burrito man, from tax to tacos

May 25 - What motivates a corporate tax lawyer to leave the City and open a Mexican restaurant? Amy Gardner meets Ben Fordham, director of the Benito's Hat chain.

Felix Salmon

Mark Zuckerberg’s unpleasant new life

Here's the main reason why Facebook's Mark Zuckerberg wanted an opening-day IPO pop of at least modest proportions: the last thing he wants or needs is an adversarial relationship with his shareholders.  Commentary 

Peter Gumbel

Is France closing for business?

It’s too early to tell how adept President Francois Hollande will be in steering the French economy through these difficult times, but already there are some early indications that the business climate in France may be about to change for international companies  Commentary 

Edward Hadas

For growth, focus first on jobs

Many self-appointed Keynesians want more fiscal and monetary stimulus to push up GDP. But they twist the ideas of the great economist. Keynes considered jobs more important than output, and hiring more effective than spending. His insights would help end the Lesser Depression.  Commentary 

Hugo Dixon

What is the long-term euro vision?

The standard vision of the euro zone’s future is a fully-fledged fiscal, banking and political union. But a headlong dive into a United States of Europe would be bad politics and bad economics, and the European people are not remotely ready for such steps.  Commentary 

Wei Gu

China doesn’t need a policy U-turn

The Chinese premier has given investors hope for a new stimulus. But Beijing shouldn’t panic this time. Unlike in 2008, there are no massive job losses threatening stability, and still too much money sloshing around from the last stimulus. Structural reforms are the right remedy.  Commentary