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Euro, shares fall as Greece enters critical period
LONDON (Reuters) - The euro and European shares fell on Monday as fears grew that Greece would not accept the painful terms of a new bailout deal needed to avoid a potential sovereign debt default, taking the shine off a brighter global economic outlook.
Greece lets another deadline slip in bailout poker
ATHENS (Reuters) - Greece let yet another deadline slip on Monday for responding to painful terms for a new EU/IMF bailout as patience in Brussels wore thin over drawn-out negotiations among its feuding political leaders.
Syrian forces bombard rebel city of Homs: activists
BEIRUT (Reuters) - Syrian forces bombarded Homs on Monday, killing 50 people in a sustained assault on several districts of the city which has become a centre of armed opposition to President Bashar al-Assad, the Syrian National Council opposition group said.
Gingrich vows to take fight to "timid" Romney
LAS VEGAS (Reuters) - Republican Newt Gingrich vowed on Sunday to press ahead with his struggling presidential bid after a big loss in Nevada, saying he will focus on drawing a contrast with "timid" rival Mitt Romney.
Glencore, Xstrata hammer out premium as deal nears
LONDON/CAPE TOWN (Reuters) - Top executives at Glencore and Xstrata are hammering out the final details of a proposed $80 billion merger, including the premium on offer by the commodities trading giant to secure approval from the miner's shareholders.
Giants win Super Bowl thriller against Patriots
INDIANAPOLIS (Reuters) - The New York Giants reclaimed the greatest prize in North American sports with a nail-biting 21-17 Super Bowl victory over the New England Patriots on Sunday at Lucas Oil Stadium.
Analysis: Euro zone strugglers lack innovative knack
LONDON (Reuters) - To get an idea of the economic mountain euro zone strugglers Greece and Portugal have to climb, consider this: per million inhabitants, they each filed fewer than eight applications with the European Patent Office in 2010.
