LATEST NEWS | Global shares, euro steady after S&P but outlook weak | LONDON (Reuters) - European shares and the euro recovered from early losses on Monday in the wake of a mass downgrade of euro zone sovereign ratings, but trading was choppy with U.S. markets closed and the outlook for Greek debt talks uncertain. | Full Article | | S&P, Greece pressure euro zone to boost defenses | January 16, 2012 08:34 AM ET | LONDON (Reuters) - Mass euro zone ratings downgrades are unlikely to shake up investors too much, but with Greek debt talks at an impasse, pressure has been loaded on the bloc to shore up its defenses and glimmers of optimism from last week have been firmly doused. | Full Article | Carnival and cruise sector count cost of disaster | January 16, 2012 08:18 AM ET | LONDON (Reuters) - The cruise ship industry faces an uphill task to restore confidence among customers spooked by spectacular images of the stricken Costa Concordia flipped on its side and could suffer a major hit to sales in a key booking period. | Full Article | Wary banks boost ECB deposits; reserve change due | January 16, 2012 05:52 AM ET | FRANKFURT (Reuters) - Commercial banks parked almost half a trillion euros at the European Central Bank, the highest on record, as the mix of debt crisis worries and a recent giant injection of ECB cash left banks awash with money but too scared to lend it. | Full Article | | | US TOP NEWS | Rescue on Italian cruise ship halted | January 16, 2012 08:36 AM ET | GIGLIO, Italy (Reuters) - Italian rescuers suspended efforts to find survivors Monday as the hulk of a giant cruise liner slipped in worsening weather on the steep rocky underwater slope on which it is lodged off Italy's west coast. | Full Article | Huntsman to quit presidential race | January 16, 2012 07:22 AM ET | MYRTLE BEACH, South Carolina (Reuters) - Republican presidential hopeful Jon Huntsman will drop out of the White House race on Monday and endorse front-runner Mitt Romney, a senior campaign official said. | Full Article | Greek PM confident debt talks will be clinched in time | January 16, 2012 07:26 AM ET | ATHENS (Reuters) - Greek Prime Minister Lucas Papademos promised a debt swap would be clinched in time and dispatched senior officials to Washington on Monday to break a deadlock in talks that has prompted new fears of a disorderly default. | Full Article | | | HEALTH NEWS | | | | RELATED VIDEO | | | | | A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today. | | Your daily briefing on the latest tech developments from around the world from Reuters expert tech correspondents. Register Today. | | The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day.. Register Today. | | » MORE NEWSLETTERS | | ODDLY ENOUGH | | | |
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