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Monday, December 12, 2011

Business Today: TSX to open lower as euro zone doubts linger

Reuters
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12/12/2011
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LATEST NEWS
TSX to open lower as euro zone doubts linger
(Reuters) - Canada's resource-heavy main stock index was set to open lower on Monday, dragged down by falling commodity prices as the initial enthusiasm over a European Union deal to tackle its debt crisis faded. | Full Article
Euro zone fiscal pact fails to restore confidence
December 12, 2011 07:23 AM ET
LONDON/PARIS (Reuters) - A European summit deal to strengthen budget discipline in the euro zone failed to restore financial market confidence on Monday, forcing the European Central Bank to step in again gingerly. | Full Article
Greece opens bailout, debt swap talks
December 12, 2011 07:25 AM ET
ATHENS (Reuters) - Greece began a round of talks with the EU, the IMF and bankers on Monday, with negotiators facing a tight timetable to decide key aspects of a new bailout plan to pull the country out of its economic crisis. | Full Article
Olympus ex-CEO to meet MPs, push for Japan reform: source
December 12, 2011 07:43 AM ET
TOKYO (Reuters) - The whistleblower in a $1.7 billion accounting scandal at Japan's Olympus Corp, ex-CEO Michael Woodford, plans to meet ruling-party lawmakers in Tokyo this week as he lobbies for reforms to Japanese boardrooms, a source said on Monday. | Full Article
RBS report urges tougher rules on bank M&A, execs
December 12, 2011 05:31 AM ET
LONDON (Reuters) - Bank takeovers should face deeper scrutiny and directors be more accountable for their actions, Britain's finance watchdog said in a long-awaited report into Royal Bank of Scotland's near collapse. | Full Article
US TOP NEWS
Putin ally wants new liberal party after Russia protests
December 12, 2011 08:22 AM ET
MOSCOW (Reuters) - A longtime ally of Vladimir Putin called on Monday for the creation of a liberal party to fill a void in Russian politics exposed by mass protests against the prime minister's 12-year rule, and cast himself as its potential leader. | Full Article
Pakistani government denies talks with Taliban
December 12, 2011 07:17 AM ET
ISLAMABAD (Reuters) - Pakistan's interior minister and prime minister have both denied the government is holding peace talks with its homegrown Taliban, according to media, saying it would do so only if the militants first disarmed and surrendered. | Full Article
Obama says to keep standing up to Congress on taxes
December 11, 2011 07:01 PM ET
WASHINGTON (Reuters) - President Barack Obama defended his leadership style on Sunday and said he would keep standing up to Congress as another stand-off over taxes and deficits brewed on Capitol Hill. | Full Article
McConnell expects bipartisan deal on tax cut
December 11, 2011 05:02 PM ET
WASHINGTON (Reuters) - Senate Republican Leader Mitch McConnell predicted on Sunday that Congress will renew a popular payroll tax cut, but it remained unclear how lawmakers will resolve deep differences before the December 31 deadline. | Full Article
New U.N. climate deal struck, critics say gains modest
December 11, 2011 02:57 PM ET
DURBAN (Reuters) - Countries from around the globe agreed on Sunday to forge a new deal forcing all the biggest polluters for the first time to limit greenhouse gas emissions, but critics said the plan was too timid to slow global warming. | Full Article
HEALTH NEWS
Poor mental health harming productivity, says OECD
Some depressed people do worse on drugs: study
Analysis: U.S. focus on birth control may raise new concerns
Barefoot workouts gain ground
Memory issues after cancer may not be due to chemo
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