Merkel, Hollande urge Tsipras to complete current bailout| Reuters
May 22, 2015 at 06:15 | Source:
RIGA Greek Prime Minister Alexis Tsipras held talks on Athens' debt crisis with the German and French leaders but won little more in public than a reminder he needs to do more to secure funds urgently needed to avert bankruptcy."The discussions ...
Narayana Murthy praises Modi, seeks people's support to PM's endeavours
May 21, 2015 at 07:55 | Source:
New Delhi: Praising the Narendra Modi government, IT czar NR Narayana Murthy on Wednesday said a lot of good things have happened in the last one year and the Prime Minister should be supported in his endeavours."We have a PM who is enthusiastic...
U.N. envoy warns Gaza is 'desperate and angry' over devastation| Reuters
May 20, 2015 at 04:30 | Source:
UNITED NATIONS The United Nations Middle East envoy warned on Tuesday that the people of the Gaza Strip are desperate and angry about their plight and that it is up to Israel and Palestinian authorities to prevent an implosion of the Mediterranean en...
Stoop to conquer: How PM Modi can turn things around for his govt
May 19, 2015 at 08:20 | Source:
At the end of Narendra Modis first year in government, a verdict on his performance would read something like this: He has done better than UPA-II, but he has under-delivered on the promise that brought him to power in May 2014 the promise of bringin...
Greece nears debt deal in May as money runs low| Reuters
May 19, 2015 at 05:30 | Source:
ATHENS Greece is near a cash-for-reforms deal with its euro zone partners and the International Monetary Fund that would help it meet debt repayments next month, the country's finance minister said on Monday, as worries persist over a possible bankru...
Amid China slowdown, foreign creditors face bankruptcy riddle| Reuters
May 19, 2015 at 03:45 | Source:
HONG KONG As China's economy slows and Beijing becomes more relaxed about letting its companies fail, a rising number of foreign bondholders risk being caught up in the country's unpredictable court system.Last month, solar producer Baoding Tianwei B...
Dollar pushes higher, eyes on inflation data| Reuters
May 19, 2015 at 01:30 | Source:
LONDON The dollar clawed its way higher on Monday, recovering from almost four-month lows reached late last week on another surprisingly bad round of U.S. economic data. Against the euro, it was up as much as half a percent, taking back some of the p...
Greece says must strike debt deal in May as money runs low| Reuters
May 18, 2015 at 23:15 | Source:
ATHENS Greece needs to strike a deal with its creditors by the end of the month to stay afloat, the government said on Monday, as investors ditched Greek bonds in a sign of growing concern about possible bankruptcy.Despite its precarious position, At...