Former News International chief executive Rebekah Brooks leaves after giving evidence to the Leveson Inquiry into the ethics and practices of the media at the High Court in central London May 11, 2012. REUTERS/Stefan Wermuth

Rebekah Brooks charged over phone-hacking scandal

Rebekah Brooks, the former chief executive of Rupert Murdoch's British newspaper arm, has been charged with perverting the course of justice over the phone-hacking scandal at the News of the World.  Full Article 

Euro zone economy avoids recession but split grows 10:29am BST

BRUSSELS - The euro zone just avoided recession in early 2012 but the region's debt crisis sapped the life out of the French and Italian economies and widened a split with paymaster Germany.

A woman passes an advertisement in the window of a recruitment centre in London December 14, 2011.  REUTERS/Luke MacGregor

Employment to rise for first time in a year - poll

Employers plan to increase staffing for the first time in a year, a survey shows, raising hopes that higher employment may boost morale and consumer spending.  Full Article 

Newly-elected French President Francois Hollande attends a ceremony at the Luxembourg Gardens to mark the abolition of slavery and to pay tribute to the victims of the slave trade in Paris May 10, 2012.    REUTERS/Charles Platiau

Similarities may push Merkel, Hollande together

BERLIN/PARIS - The impulsive Sarkozy and the reserved Merkel were always too different to be close. That is why Merkel and her entourage are looking forward to working with his Socialist successor. The relationship may prove decisive for the euro zone's future.  Full Article 

The island of Ios is seen from the Blue Star Paros vessel as it departs from the island during a nine-hour trip to the Greek islands of Paros, Naxos, Ios and Santorini, in the Aegean Sea March 14, 2012. REUTERS/Yannis Behrakis

Greece, euro exit and the drummer in the band

BRUSSELS - A year ago, it was nearly impossible to get a diplomat in Brussels to talk about the possibility of Greece leaving the euro zone. Now, it's the opening to most conversations.  Full Article 

Jamie Dimon, chairman and chief executive of JP Morgan Chase and Co, speaks at the 2012 Simon Graduate School of Business' New York City Conference in New York May 3, 2012. REUTERS/Keith Bedford

JPMorgan CEO prepares to face shareholders

Jamie Dimon faces a grilling from shareholders when JPMorgan Chase convenes its annual meeting on Tuesday, just days after disclosing it lost billions of dollars in trading that was supposed to protect the mammoth bank from risk.  Full Article 

A Thomson Reuters boardroom is pictured in a screengrab. REUTERS TV

Volatile start-ups need independent boards

Start-ups face unique pressures, from executives with skin in the game to investors pushing for quick returns. Reuters columnist Lucy Marcus meets the founder of tech start-up, PeerIndex.  Video 

A view of the three-storey D3 cafeteria under construction by the Broad Group in Yueyang, Hunan province May 3, 2012. The structure is an example of streamlined construction being pioneered by China's Broad Sustainable Building (BSB). Over the last decade China has seen one of the biggest construction booms in history to house a surging urban population and an expanding industrial sector. But with that construction have come worries about environmental destruction, waste and shoddy buildings. Zhang Yue, Broad Group's founder and chairman argues that his buildings represent just the opposite. REUTERS/Broad Group/Handout

Instant building - just add labour, fireworks, cow

A Chinese company builds a low-carbon, three-storey building in just over a week using a unique system of prefabricated modules, but its ambitious CEO has much larger plans.  Video | Full Article 

The Soyuz TMA-04M spacecraft carrying the International Space Station (ISS) crew of U.S. astronaut Joseph Acaba and Russian cosmonauts Gennady Padalka and Sergei Revin blasts off from its launch pad at Baikonur cosmodrome, May 15, 2012.  REUTERS/Shamil Zhumatov

U.S., Russian crew blast off for space station

KOROLYOV, Russia - A Soyuz spaceship carrying two Russians and one American astronaut blasts off for the International Space Station after more than a month's delay over a problem with the hull of the Russian-built capsule.  Full Article 

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How to protect the euro from a Greek exit

The chances of Athens quitting the euro have shot up. Unless the rest of the euro zone is well prepared, the knock-on effect will be devastating. Fortunately, it’s not too difficult to construct a contingency plan.  Commentary 

Felix Salmon

JP Morgan - when basis trades blow up

After announcing a $2 billion trading loss in what was described as a hedging strategy gone bad, JP Morgan CEO Jamie Dimon said he should have been watching more closely “trading losses - and newspapers”. It wasn’t a joke. Once your positions become public knowledge, the market will smell blood.  Commentary 

John Foley

Property slowdown leaves China on shaky ground

It has taken Chinese property developers a year of falling prices to rein in speculative behaviour. Now the message seems to be hitting home. If construction slows, growth will too. And if caution replaces speculation, the Chinese economy could end up with a painfully hard landing.  Commentary 

Paul Smalera

Instagram's Facebook filter

Many see Facebook’s billion-dollar purchase of Instagram, given the social networking giant’s forthcoming IPO, as Mark Zuckerberg looking to boost mobile engagement. But even though Instagram may have had millions of users, it was really built for just one customer: Facebook.  Commentary 

Edward Hadas

What price beauty?

The $120 million sale of Munch’s “The Scream” shows the elite art market is effectively serving one social function: giving the rich symbols of affluence. The market for mass art also works well, by some standards. But industrial production has not served the pursuit of the beautiful.  Commentary