National Business News
Spain's lender Bankia says it won't need more aid
The president of Bankia tried Saturday to calm fears about the future of the bank, saying Spain's second largest mortgage lender will emerge as a solid financial entity after it receives (EURO)23.5 billion ($29.5 billion) in state aid in the country...
National Business News
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NATIONAL BUSINESS NEWS
Austrian finance minister: No to eurobonds
Austria's finance minister is rejecting the idea of introducing jointly issued eurobonds any time soon and says that running up new debts to finance growth is "nonsense."
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NATIONAL BUSINESS NEWS
Embittered Facebook investors ponder next move
To say that Facebook's debut as a public company was bungled is something like saying Facebook is a website you might have heard of.
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NATIONAL BUSINESS NEWS
For something so simple, pasta is serious business
They twirled, they sniffed, they slurped, they chewed.
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NATIONAL BUSINESS NEWS
IMF chief Lagarde: Little sympathy for Greece
The managing director of the International Monetary Fund says she has more sympathy for poor African children than Greeks suffering under the country's economic problems and austerity measures.
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NATIONAL BUSINESS NEWS
Greek euro exit would be a recipe for hardship
As Greece creaks under its untenable debt and a shrinking economy, the possibility that it could stop using the euro is becoming increasingly likely. The effects of such a move would be as quick as they would be brutal for ordinary Greeks, who would essentially take a 50-percent pay cut just as ...
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NATIONAL ECONOMY
Why that flat Facebook IPO isn't so bad after all
The botched offering of Facebook stock has raised several troubling questions, but at least we don't have to worry about the one that plagues many IPOs: How are a few select investors able to buy in early at lower prices and then pocket huge profits when the trading frenzy begins?
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NATIONAL BUSINESS NEWS
Spain's Bankia asks for $24B in state aid
Spain's troubled bank, Bankia, has asked the Spanish government for (EURO)19 billion ($23.8 billion) in financial support just as a leading credit rating agency downgraded it to junk status.
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NATIONAL BUSINESS NEWS
EU takes action against Argentina at WTO
The European Union on Friday started legal proceedings at the World Trade Organization against Argentina, claiming the South American country stifles imports to protect its own industry.
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NATIONAL BUSINESS NEWS
EU challenges Argentina trade restrictions at WTO
The European Union is challenging Argentina before the World Trade Organization with claims the South American nations stifles imports to protect its own industry.
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NATIONAL BUSINESS NEWS
IMF chief Lagarde: Little sympathy for Greece
International Monetary Fund chief Christine Lagarde says she has more sympathy for poor African children than Greeks suffering under the country's economic problems and austerity measures.
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