AP - Greek state power company workers and hospital nurses went on strike Tuesday to protest government austerity measures designed to pull the country out of a major financi
Reuters - European Union plans to crack down on hedge funds hung in the balance on Tuesday when talks stalled after Britain dug in its heels to head off new rules that could damage its financial center.
AP - Europe's threat to ban the sort of financial derivatives trading that some blame for worsening Greece's debt crisis wouldn't work, a senior U.S. official told EU lawmakers Tuesday.
AP - Saudi Arabia's oil minister said Tuesday he expected OPEC to keep output steady for the rest of this year, in comments reflecting expectations that crude prices and supply are in sync with the fitfully recovering world economy.
AP - Canadian Finance Minister Jim Flaherty says other developed nations, including the United States, should come up with clearer plans on how they are going to get their weighty budget deficits under control.
Reuters - EU finance ministers backed plans on Tuesday by countries in the euro area to help debt-stricken Greece financially if it becomes the first state in 11 years of monetary union to seek such aid.
AFP - Europe insisted Tuesday that a contingency plan to save Greece from bankruptcy with emergency loans was only prudent foresight and unlikely to be enacted, as Athens pushed for concrete details.
AFP - A dispute between France and Germany over economic policy threatens to distract the eurozone as it faces increasingly fierce competition from Asian rivals, analysts and German media said Tuesday.
AP - British regulators on Tuesday banned a former trader at Merrill Lynch International Bank from working on financial markets after he manipulated his accounts by about $100 million last year to hide growing losses.
