LATEST NEWS | European shares stabilize, economic data eyed | LONDON (Reuters) - European shares and the euro gradually recovered on Monday from early losses triggered by the mass downgrade of euro zone sovereign ratings last week, but they still looked vulnerable amid rising fears of a disorderly Greek debt default. | Full Article | | S&P downgrades euro zone's EFSF bailout fund | January 16, 2012 04:22 PM ET | BRUSSELS (Reuters) - Rating agency Standard & Poor's cut its credit rating of the European Financial Stability Facility, the euro zone's rescue fund, by one notch to AA+ on Monday, three days after it cut the ratings of France and Austria by the same margin. | Full Article | Germany rejects rescue fund boost, Greece under pressure | January 16, 2012 04:21 PM ET | BERLIN/MADRID (Reuters) - Germany, the only major euro zone member to retain a top-notch credit rating, refused on Monday to consider boosting the bloc's rescue fund, while Greece was under pressure to urgently break a deadlock in debt swap talks if it is to avoid an unruly default. | Full Article | Carnival and cruise sector count cost of disaster | January 16, 2012 02:11 PM ET | LONDON (Reuters) - The cruise ship industry faces an uphill task to restore confidence among customers spooked by images of the stricken Costa Concordia flipped on its side in Italian waters on Monday and could suffer a hit to sales in a key booking period. | Full Article | | | US TOP NEWS | Huntsman ends campaign, endorses Romney | January 16, 2012 02:32 PM ET | MYRTLE BEACH, South Carolina (Reuters) - Presidential candidate Jon Huntsman suspended his bid for the Republican nomination on Monday, endorsing rival Mitt Romney and calling on his party to end "an onslaught of negative and personal attacks." | Full Article | Stricken Italian liner shifts, rescuers despair | January 16, 2012 03:55 PM ET | GIGLIO, Italy (Reuters) - A stricken Italian cruise liner shifted on its rocky resting place on Monday as worsening weather disrupted an increasingly despairing hunt for any survivors among some 16 people still missing. | Full Article | Protesters ready igloos to Occupy Davos | January 16, 2012 10:54 AM ET | DAVOS, Switzerland (Reuters) - Occupy protesters with their sights set on the World Economic Forum, the annual gathering next week of the rich and powerful in the Swiss ski resort of Davos, unveiled their igloo accommodation on Monday. | Full Article | Greek default fears grow as talks stall | January 16, 2012 01:56 PM ET | ATHENS/LONDON (Reuters) - Greece's private sector creditors warned on Monday that the Athens government must urgently break a deadlock in debt swap talks triggered by "unreasonable" demands from international lenders if is to avoid 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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