Stocks Surge After Central Banks’ Action on Debt Crisis
Market indexes gained more than 4 percent and the Dow closed up 489 points after the Federal Reserve and other central banks took action to try to contain the debt crisis in the euro zone.
Miesiąc: Listopad 2011
Europe Proposes New Conditions on Research and Development
Certain inventions supported by E.U. money would have to be sold in Europe first, according to the proposal, which must be approved by E.U. governments and the Parliament.
Boeing Reaches Deal With Machinists
The agreement secures a new four-year contract nine months before the current one expires and calls for the 737 Max aircraft to be built at union facilities in Renton, Wash
DealBook: In Rajaratnam Hearing, Judges Focus on Flight Risk
A lawyer for Raj Rajaratnam appeared before a judicial panel in a lower Manhattan courtroom on Wednesday in a final attempt keep her client out of prison while he appeals his insider-trading conviction.
Scandal at Finmeccanica Revives Questions in Italy
Even as the state-backed military company expands overseas, it has been sinking ever deeper into a widening kickbacks scandal at home.
China, in Surprising Shift, Takes Steps to Spur Bank Lending
The central bank will cut the reserve requirement ratio in an attempt to encourage banks to increase lending.
Stocks Surge on Action by Central Banks
Shares in the United States followed European markets sharply higher, buoyed by the effort to address the debt crisis in the euro zone.
China, in Surprising Reversal, Moves to Spur Bank Lending
The country’s central bank will reduce the reserve requirement ratio in an attempt to encourage banks to increase lending.
Stocks Surge on Central Banks’ Move
Shares in the United States followed European markets sharply higher, buoyed by a move to address growing concern about the debt crisis in the euro zone.
It’s the Economy: Translating the European Financial Mess
Simple answers to complicated questions about what’s wrong with Europe and whether it can be fixed.
Wall Street Jumps at Open on Central Banks’ Action
Stocks rose as a coordinated action by major central banks to provide liquidity to the global financial system lifted investors’ appetite for risky assets.
In a Surprise, China Reverses Economic Policy to Aid Growth
The country’s central bank will reduce the reserve requirement ratio in an attempt to encourage banks to increase lending.
DealBook: Regulator Raises ‚Serious Concerns’ About Toronto Exchange Deal
Canada’s competition regulator has „serious concerns” about a plan by 13 financial institutions to purchase the TMX Group for 3.8 billion Canadian dollars.
China Unexpectedly Reverses Economic Policy
The central bank will reduce the reserve requirement ratio in an attempt to encourage banks to increase lending.
Britons Strike as Government Extends Austerity Measures
Public sector workers on Wednesday began Britain’s biggest strike in a generation, a day after the government said that it was falling behind with its deficit reduction plan.
Central Banks Take Joint Action to Ease Debt Crisis
Six central banks, including the Federal Reserve and the European Central Bank, took coordinated action on Wednesday to ease the strain of the euro zone crisis on the world economy.
Top Central Banks Move to Avoid Global Liquidity Crunch
The Federal Reserve, the European Central Bank and the central banks of Canada, Britain, Japan and Switzerland said they had agreed to lower the cost of existing dollar swap lines.
China Reverses Economic Policy
The central bank’s unexpected move to loosen monetary policy was an attempt to rekindle economic growth and a slumping real estate market.
China Eases Lending Curbs to Shore Up Growth
China’s government has cut bank reserve levels to release money for lending and help shore up slowing economic growth.
World Stocks Fall as Europe Debt Crisis Festers
Asian stocks fell after a meeting of Europe’s finance ministers failed to stem fears of a euro-zone breakup. Banking stocks slumped after financial institutions received a credit rating downgrade.