domingo, 18 de setembro de 2011

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UBS raises rogue equity trade losses to $2.3 billion

12:55pm EDT

ZURICH (Reuters) - Swiss bank UBS on Sunday increased the amount it said it had lost on rogue equity trades to $2.3 billion and alleged a trader concealed his risky deals by creating fictitious hedging positions in internal systems.

Greek cabinet meets to decide more austerity steps

10:32am EDT

ATHENS (Reuters) - Greek Prime Minister George Papandreou chairs a cabinet meeting on Sunday to decide on more austerity measures to secure continued funding under an international bailout.

Anti-Gaddafi fighters walk down a mountain in Bani Walid September 18, 2011.    REUTERS/Youssef Boudlal

Assault on Gaddafi bastion ends in retreat

BANI WALID/SIRTE - Libyan interim government forces fled in a chaotic retreat from the town of Bani Walid, after failing in yet another attempt to storm the final bastions of loyalists of ousted leader Muammar Gaddafi. Full Article

Greece's Finance Minister Evangelos Venizelos (R) and Greek central bank chief George Provopoulos arrive for an informal meeting of the Economic and Financial Affairs Council (ECOFIN) in Wroclaw September 17, 2011. REUTERS/Kacper Pempel

EU finance ministers take stock of progress

WROCLAW, Poland - EU finance ministers broke no new ground in dealing with the euro zone debt crisis in discussions over the weekend, instead absorbing some ideas and rejecting others and taking stock of progress on agreed steps. Full Article

A homeless person sleeps outside a bookstore in central Athens August 20, 2011. REUTERS/Yiorgos Karahalis

New generations in Europe become homeless

ATHENS - After 18 years cooking moussaka and roast lamb in restaurants around Greece, Petros Papadopoulos prepares lunch for 50 in a place he never expected to end up -- as a resident of a homeless shelter in Athens. Full Article

Federal Reserve Chairman Ben Bernanke awaits the beginning of testimony at his Senate Banking, Housing and Urban Affairs Committee hearing on his nomination to continue as Chairman of the Board of Governors, on Capitol Hill in Washington, December 3, 2009.  REUTERS/Jason Ree

Week Ahead: Fed aims to restore confidence

Wall Street hopes for more Fed action and clear signs European leaders will follow through on their new urgency to tackle the euro zone debt crisis. Video

Dr. Craig Smith, of New York's Presbyterian Hospital talks to reporters September 6, 2004 and shows a model heart after he preformed heart by-pass surgery on former president Bill Clinton. REUTERS/Jeff Christensen

Power of suggestion affects heart arteries

NEW YORK (Reuters Health) - Simply suggesting that a treatment will ease chest pain may not only dampen the pain, but directly alter heart arteries, a small study concludes. Full Article

An aerial view of the Eiffel Tower in Paris on Bastille Day July 14, 2011.  REUTERS/Charles Platiau

Travel Postcard: 48 hours in Paris

PARIS - The city of glamour, grande cuisine and the ghosts of the guillotined is one of Europe's most beautiful. Paris offers everything from some of the most famous museums and restaurants in the world to charming cobblestone alleys and boutiques. Full Article


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