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NEW YORK (Reuters) - Normally a big decline would set up Wall Street for a technical rebound. But that may not be the case next week, even after the market posted its worst weekly loss for the year and the S&P fell for six straight sessions.
BERLIN: European leaders dealing with the sovereign debt crisis have done too little, too late, outgoing World Bank chief Robert Zoellick said, warning that Europe risks losing influence and developing nations now face increasing market uncertainty.
ATHENS: Parties supporting a bailout saving Greece from bankruptcy won a slim parliamentary majority on Sunday, beating radical leftists who rejected austerity and bringing relief to the euro zone which was braced for fresh financial turmoil.
LOS ANGELESL Warner Bros said on Monday "The Dark Knight Rises" took in US$160.8 million at U.S. and Canadian box offices over the weekend, which is lower than industry estimates for the debut that felt the impact of last week's movie theater massacre in Colorado.
FARNBOROUGH, England: Airbus and Boeing head into next week's Farnborough Airshow locked in their fiercest market share battle for up to a decade, slashing prices to win key orders for their latest narrowbody jets and storing up potential trouble for future profit margins.
ONE thing struck me strongly when Senator John McCain and Senator Joseph Lieberman visited Malaysia about a year back. Although they were on opposite sides of the divide, McCain being a Republican and Lieberman a Democrat, they represented the United States when they were here.
NEW YORK: Stocks fell on Thursday but pared back sharp losses late in the session on talk of progress by European leaders in easing the region's debt crisis, while a Supreme Court ruling upholding a landmark healthcare law hit large health insurers.
WASHINGTON: The US deficit is shrinking considerably more quickly than previously thought, the congressional budget office said in a report that could sap congress’ sense of urgency to find further budget savings.