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Monday, January 16, 2012

DAI: European shares stabilize, economic data eyed

Reuters
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01/16/2012
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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
Retailers in for steady, modest growth in 2012
January 16, 2012 03:18 PM ET
NEW YORK/CHICAGO (Reuters) - Hopefully, retailers liked 2011, because 2012 is looking like it will offer more of the same. | 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
Nigeria unions suspend strike after fuel price cut
January 16, 2012 03:33 PM ET
ABUJA (Reuters) - Nigerian trade unions called off strikes and protests on Monday, ending a major confrontation over fuel prices after President Goodluck Jonathan said he would cut them by one third. | 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
Conquering the chilly workouts of winter
"Fitness-Buffet" serves up a smorgasbord of sports
Smaller servings mean more balanced meals for kids: study
New app adds incentives to go to the gym
Romania protests over health bill continue
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