| Scenarios: Possible impact of a Greek ratings default Sun,26 Jun 2011 11:47 PM PDT Reuters - LONDON (Reuters) - As euro zone officials try to find a solution to the Greek debt crisis, it remains unclear what impact a Greek ratings downgrade to default could have on financial markets. Full Story1 | |
| Philip Morris threatens to sue Australia over packaging Sun,26 Jun 2011 11:43 PM PDT Reuters - SYDNEY (Reuters) - Tobacco giant Philip Morris is threatening to sue the Australian government for possibly billions of dollars over its plan to be the first country to introduce plain, brand-less packaging for cigarettes. Full Story1 | |
| Nissan targets 8 percent global market share within 6 years Sun,26 Jun 2011 11:18 PM PDT Reuters - YOKOHAMA, Japan (Reuters) - Nissan Motor Co said on Monday it would aim for a global market share of 8 percent by the year ending in March 2017 and wants to boost its operating profit margin also to 8 percent in the same period. Full Story1 | |
 WASHINGTON, June 27 (Reuters) - French Finance MinisterChristine Lagarde appeared poised to become the head of theInternational Monetary Fund this week despite a strong challenge to Europe's traditional hold on the job. | |
 ATHENS (Reuters) - Greece's parliament begins on Monday to debate a deeply unpopular austerity plan which international lenders are demanding to see approved this week to avert the threat of bankruptcy. | |
 NEW YORK (Reuters) - David Solomon isn't your typical master of the universe, but he might have what it takes to lead Wall Street's most powerful bank. | |
 WASHINGTON (Reuters) - The World Bank said on Sunday it would have to take stock of plans to lend to Egypt after the International Monetary Fund confirmed the authorities no longer wanted an IMF-backed loan program. | |
 PHILADELPHIA (Reuters) - Nokia Corp and Siemens AG failed to secure a deal for investors for a controlling stake in their unprofitable joint venture, The Wall Street Journal reported on Sunday. | |
| Natural gas drilling might disappoint investors: NYT Sun,26 Jun 2011 02:38 PM PDT Reuters - NEW YORK (Reuters) - While natural gas companies like ConocoPhillips andChesapeake Energy Corporation are making big bets on wells that are supposed to extract energy from shale formations, the New York Times reported that an investigation of e-mails and documents shows industry insiders have doubts as to whether the companies will be able to deliver on their promises to investors. Full Story1 | |
| France, banks agree Greek debt proposa:source Sun,26 Jun 2011 02:34 PM PDT Reuters - PARIS (Reuters) - The French government and banks have agreed on a proposal to make a Greek debt rollover more palatable to creditors, a banking source said on Sunday, confirming a report in Le Figaro newspaper. Full Story1 | |
 WASHINGTON (Reuters) - The U.S. economy has decelerated sharply. A snapshot of the nation's manufacturing sector this week should help reveal whether the slowdown is temporary or the start of a trend. | |
 NEW YORK (Reuters) - A bounce could be the cards for stocks this week as bulls defend a key technical level and portfolio managersbuy the quarter's winners to prop up their books. | |
 WASHINGTON (Reuters) - Greece's sovereign debt restructuring is inevitable, PIMCO co-chief investment officer Mohamed El-Erian said on Sunday, warning the nation's problems could "contaminate"Europe. | |
| Worst is yet to come for hard-hit Canada stocks Sun,26 Jun 2011 07:41 AM PDT Reuters - TORONTO (Reuters) - Canada's sliding stock market may not hit bottom for months as weakening economic growth and an unresolved debt crisis in Europe turn off more investors before a modest year-end rebound. Full Story1 | |
| BIS warns investors on slimmer bank returns Sun,26 Jun 2011 07:13 AM PDT Reuters - LONDON (Reuters) - Investors in banks may need to scale back their profit expectations as new rules to curb risk-taking will likely halve pre-crisis returns, the Bank for International Settlements (BIS) said. Full Story1 |
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