Greek parliament approves austere budget for 2016
ATHENS (Reuters) – The Greek parliament approved a 2016 budget featuring sharp cuts in spending and some tax increases to satisfy the country’s international lenders at a time of growing austerity fatigue.
Greek parliament approves 2016 budget
ATHENS (Reuters) – Greek lawmakers approved a 2016 budget early on Sunday including more than 5 billion euros ($5.44 billion) in spending cuts and some 2 billion in higher taxes meant to satisfy international lenders.
Yahoo board in final talks on future of company
SAN FRANCISCO (Reuters) – Yahoo Inc’s board of directors on Friday is in the third and final day of meetings that could decide the future of one of Silicon Valley’s most prominent but troubled companies.
Exclusive: ECB lowered stimulus ambitions after hitting opposition – sources
FRANKFURT (Reuters) – Hints by Mario Draghi ahead of last Thursday’s ECB rate meeting that the euro zone may need another big injection of money backfired, stiffening the resolve of more conservative central bankers who criticized him for raising expec…
UAW wins historic victory in U.S. South with vote at VW plant
DETROIT (Reuters) – The United Auto Workers union won its first organizing vote at a foreign-owned auto assembly plant in the U.S. South on Friday, in a groundbreaking victory after decades of failed attempts.
Volatile week may set stocks for year-end rally
NEW YORK (Reuters) – This week’s back-to-back equities selloff might have been a chance to ride a U.S. stocks rally toward the end of the year, amid the goldilocks economy scenario of a strong jobs market and falling oil prices.
Fed’s Yellen faces battle in 2016 after getting all clear for December hike
WASHINGTON/PHILADELPHIA (Reuters) – Federal Reserve Chair Janet Yellen has the evidence of U.S. labor market health she wanted in order to raise benchmark interest rates for the first time in a decade this month, but she may have a tougher time selling…
OPEC fails to agree production ceiling after Iran pledges output boost
VIENNA (Reuters) – OPEC members failed to agree an oil production ceiling on Friday at a meeting that ended in acrimony, after Iran said it would not consider any production curbs until it restores output scaled back for years under Western sanctions.
Chipotle sales battered by widening E. coli outbreak
LOS ANGELES (Reuters) – A widening U.S. E. coli outbreak has slammed sales at Chipotle Mexican Grill Inc, the company said on Friday, hours after federal authorities reported that people in nine states have now contracted food poisoning.
Yahoo board in final talks on future of company
SAN FRANCISCO (Reuters) – Yahoo Inc’s board of directors on Friday is in the third and final day of meetings that could decide the future of one of Silicon Valley’s most prominent but troubled companies.
