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American Airlines files for bankruptcy
- American Airlines, the third-largest U.S. Read the original here: American Airlines files for bankruptcy
Obtain unemployment mortgage protection insurance: Know how
Almost all individuals in the nation obtain mortgage while buying a new house, but unfortunately in the recent economic turmoil, they are unable to pay their monthly mortgage payments. In this situation, it is recommended to obtain unemployment mortgage protection insurance which will help you to be current on your mortgage payments. Unemployment mortgage protection insurance is a type of insurance that provides financial compensation to cover the cost of your mortgage in the event of your unemployment or any other financial hardships. So let us now discuss on how to obtain mortgage protection insurance. There are a few ...
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Eurogroup’s Juncker warns of possible Greece default
BERLIN - The possibility of a sovereign default by Greece cannot be ruled out, Jean-Claude Juncker, head of the Eurogroup of finance ministers from the single currency zone, said in a German magazine on Saturday. Related Stories Petroplus Coryton pla
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Greece on "knife edge" in last hours to agree bailout
ATHENS - Greece's prime minister scrambled on Sunday to convince lenders and politicians to sign off on a 130 billion euro rescue, after his finance minister said just hours remain before the euro zone abandons the country to its fate. Related Storie
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Recession risk eases as service sector grows
LONDON - Britain's dominant services sector grew at the fastest pace in 10 months in January and firms became much more optimistic, a survey showed on Friday, crowning a raft of upbeat economic news this week that raised hopes Britain may avoid reces
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Euro under systemic risk, but can’t fail – ECB Costa
LISBON - Failure of the euro is not an option but the euro zone needs to implement new measures decisively to reassure financial markets, ECB Governing Council member Carlos Costa said on Friday. Related Stories Ryanair to open 26 Hungary routes afte
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Recession risk eases as manufacturing rebounds
LONDON - Britain's manufacturing sector unexpectedly returned to growth in January as orders rose for the first time in six months, indicating the UK could skirt recession if the sector continues to recover in coming months. Related Stories Tesco mov
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Markets warm to European debt, Portugal pressure eases
LONDON/ATHENS - Cautious optimism that the euro zone crisis may be turning a corner fuelled demand for European government debt on Wednesday, easing pressure on Portugal, seen as the most vulnerable country after Greece. Related Stories Standard Life
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Ex UBS trader Adoboli denies fraud, faces trial
LONDON - Former UBS trader Kweku Adoboli will stand trial in September after pleading not guilty on Monday to charges related to the loss of more than $2 billion on trades the Swiss bank says were unauthorised. Related Stories Carnival cuts profit ou
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EU leaders struggle to reconcile austerity, growth
BRUSSELS - European leaders struggled to reconcile austerity with growth on Monday at a summit that approved a permanent rescue fund for the euro zone and was trying to put finishing touches to a German-driven pact for stricter budget discipline. Rel
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How To Sell A Home
The thing that saddens me the most about people who sell homes is that too many of them fail to get the best deal that they can get. Impatience makes absolutely no sense if you are dealing with such a once-a-decade process. It only makes perfect sens
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Greece, creditors laboriously piece together debt deal
ATHENS - Greece and its private creditors head back to the negotiating table on Saturday to put together the final pieces of a long-awaited debt swap agreement needed to avert an unruly default. Related Stories IMF leads global push for euro zone to
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