MILAN: Milan stocks closed down 5.26 percent on Friday at 19,781 points amid persistent concerns over the eurozone’s economic and budgetary stability.Banking stocks were hit hard, with Ubi Banca... (more...)

LONDON: Global stock markets plunged Friday as deepening concerns over the euro pushed the currency to 18-month lows while gold prices hit record highs as investors sought safety, dealers said.They said... (more...)

MADRID: The Spanish stock market plunged 7.28 percent Friday afternoon on continuing fears over the economic and financial stability of the eurozone.The benchmark Ibex-35 index of leading Spanish shares... (more...)

WASHINGTON: Facebook has passed Yahoo! to become the top US publisher of display ads on the Web, another milestone for the fast-growing social network, according to figures released on Thursday.Online... (more...)

BERLIN: Battered by the Greek fiscal crisis, the euro could weaken to the point of parity with the US dollar, a top German economist said Sunday, as others warned of inflation in Europe’s biggest... (more...)

LONDON: Europe’s main stock markets fell by more than four percent about an hour before closing on Friday amid growing fears the Greek debt crisis could have a global impact.In London the FTSE 100... (more...)

MADRID: Just over half of Europeans surveyed opposed allowing Islamic headscarves in schools but backed the presence of crucifixes in classrooms, according to a Spanish study obtained by AFP Wednesday.... (more...)

NEW DELHI: India’s Congress-led government sailed through a trial of strength in parliament on Tuesday, with smaller parties giving it a leg up to achieve a surprisingly strong victory despite a... (more...)

LONDON: European stock markets were rocked on Tuesday by worries about the potential impact of the Greek financial crisis on other debt-ridden eurozone nations, analysts said.In late morning trade, London’s... (more...)

NEW YORK: Wall Street stocks tumbled Tuesday after a downgrade of Portugal’s credit rating heightened fears about contagion from the financial crisis in Greece. The Dow Jones Industrial Average slid... (more...)