Police arrest five at Murdoch's Sun newspaper
LONDON - Police on Saturday arrested five senior members of staff at News Corporation's flagship newspaper The Sun, the company said, as part of investigations into alleged payments to police by journalists for information.
Greece warns bailout rebels of unknown, dangerous path
ATHENS - Greek leaders told a growing band of rebellious lawmakers on Saturday to back a deeply unpopular EU/IMF rescue in parliament or send the nation down "an unknown, dangerous path" to default, international economic isolation and a deeply devalued drachma. | Video
S&P downgrades 34 Italian banks
MILAN - Rating agency Standard & Poor's downgraded 34 Italian banks on Friday, including heavyweights UniCredit and Intesa Sanpaolo , citing a reduced ability to roll over their wholesale debt and expected weak profitability.
Rock star welcome for Suu Kyi on Myanmar campaign trail
WARTHINKHA, Myanmar - Tens of thousands of people lined the streets to give a rapturous welcome on Saturday to Myanmar Nobel laureate Aung San Suu Kyi as she hit the campaign trail for the first time in her bid to win a seat in the country's parliament.
Exclusive - Future of bank benchmark rate under review
LONDON - A global probe into whether banks colluded to set the interest rates at which they borrow money from each other has thrown into question the future of the benchmark they use to price financial products worth an estimated $360 trillion (228.62 trillion pounds).
Climax nears in Greek drama
LONDON - Tortuous negotiations over a second bailout for Greece are set to come to a head on Wednesday, putting fragile market confidence to the test on the same day data is tipped to show the euro zone is entering a mild recession.
New snow trouble for Italy
Feb 11 - Snow hampers recovery operations at the stricken Costa Concordia ship and complicates transport in Rome for the second time this week. Sunita Rappai reports.
Latest Headlines
Rubber ducks explain the Greek negotiations
Is there really a done deal in Greece? The overloaded pirate ship is very precarious, and even if it manages to get everybody on board now — which is far from certain — it could still easily capsize a few months down the road. Commentary
Europe’s welfare rock has made it a hard, undemocratic place
People have been accustomed to the idea that the state should protect its people from the hardships and, in some cases, the vicissitudes of life. For many citizens, that provision, coupled with security, was the point of government. But now, as each week brings little respite, ministers, prime ministers and presidents feel powerless. Commentary
Italy’s revival brings little joy to fund managers
Many bond investors have missed the best trade of 2012 so far. Italian 10-year government debt gained 8 percent in January while many fund managers were wary. Rather than chase prices higher, those who missed the boat may find more value in other corners of the euro zone periphery. Commentary
Don’t bet against Glenstrata antitrust roadblock
Many customers see Glencore and Xstrata as one, even before their all-share merger. But that won’t stop regulators everywhere poking into Glencore’s secretive business. Market share in copper and zinc isn’t the only concern: bigger miners exert pressure on governments too. Commentary
How to end the banker backlash
There was a whiff of the lynch mob last week, and the anti-banker phenomenon is widespread. Yet nobody batted an eyelid at the prospect of Facebook's Mark Zuckerberg being worth over $20 billion - the difference being people think Zuckerberg deserves his billions. Commentary
Quebec's lessons for Scotland
OTTAWA - For Brits grappling with the idea of Scottish independence, it may be worth looking across the Atlantic, where in 1995 residents of Quebec voted on whether the province should separate from Canada. Full Article
Trend Watch
Trending Tweets
Follow Reuters
The twilight of the Bond King
NEWPORT BEACH, California - He is the man who made bond investing sort of sexy - and now he may pay the price.Over more than three decades, Bill Gross, co-founder of asset-management giant PIMCO, has made so much money for clients that he has become the barometer by which other bond traders are judged. But the very recipe that enabled Gross to dominate may now be conspiring against him. Full Article | Video








