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BHP Billiton profits fall, Greece still under pressure
Josh Brown Aug 22, 2012
Shares of BHP Billiton are down this morning, after the mining giant saw profits fall for the first time in three years.
No vacation from euro debt crisis in Greece
Tess Vigeland Aug 20, 2012
It's vacation time across Europe, but it's not all sunshine for Greeks. The debt-laden nation has fallen behind in implementing reforms and austerity measures.
Greek prime minister meets with French, German officials
Stacey Vanek Smith Aug 20, 2012
This week, all eyes are on Greece. The country's prime minister is meeting with German and French officials. He's expected to officially ask for extension in meeting the country's fiscal targets.
Greece hopes for more time to set up austerity
Mark Lowen Aug 15, 2012
Greece's current government took power in June -- since then the world's been waiting for the specific plan to push things forward with Europe. This morning, the Financial Times this morning has a look at the plan Greece's prime minister will bring to the table next week with German and French leaders.
Scientists question Draghi's bumblebee metaphor
Stephen Beard Aug 3, 2012
In his remarks yesterday, the European Central Bank's Mario Draghi compared the evolution of the euro to that of a bumblebee. Entomologists say that's a confusing metaphor.
European Central Bank disappoints investors with non-action
Stephen Beard Aug 2, 2012
Investors had been hoping that ECB President Mario Draghi would unveil something big to help solve the European debt crisis. Instead, Draghi offered only vague commitments.
Chrysler now rescues its savior: Fiat
Bob Moon Aug 1, 2012
Chrysler's sales surge and buoy Fiat, the company that rescued it. The reversal reflects the relative strength of the U.S. economy over Europe.
ECB head pledges to do 'whatever it takes' to save euro
Stephen Beard Jul 26, 2012
What can the European Central Bank really do to help the euro and what obstacles might be in its way?
Troika inspectors meet in Greece for progress report
Jeff Horwich Jul 24, 2012
The European Commission, the European Central Bank, and the IMF began meetings in Greece today -- they'd like to know what structural reform progress has been made in return for billions in bailout money.
Spanish borrowing costs up, German rating may go down
Juli Niemann Jul 24, 2012
Spain's borrowing costs are up to 7.5 percent -- the higest since it joined the euro. As a result of the regional crisis, Moody's announced today that it is poised to lower Germany's credit rating to AA.
