Bank split 5-4 on more QE
The Bank of England is on the verge of approving another round of monetary stimulus, with Governor Mervyn King supporting an extra 50 billion pounds of gilt purchases, minutes to its June 6-7 policy meeting show. Full Article
Greece close to coalition deal as problems loom
ATHENS - Greek centre-left parties are poised to back a conservative-led coalition on Wednesday but may keep their own political leaders from joining a government that faces grinding battles over the austerity demands of foreign creditors. | Video
Merkel's "fiscal union" drive faces major hurdles
LOS CABOS, Mexico - It has fallen to Angela Merkel to put her neck on the line and persuade sceptical Germans - and her euro zone partners - that more, not less, Europe is the answer to the euro crisis. But a daunting set of obstacles threatens to disrupt her plans. Full Article
Egyptians rally for power
CAIRO - Staking its claim to Egypt's presidency, the Muslim Brotherhood rallies in Cairo to demand the ruling generals hand over real power, following moves by the army that the U.S. labels an assault on democracy. Full Article
Assange seeks asylum at Ecuador embassy
QUITO/LONDON - WikiLeaks' founder Julian Assange has taken refuge in Ecuador's embassy in London and asked for asylum, officials say, in a last-ditch bid to avoid extradition to Sweden over sex crime accusations. Full Article
Risks remain for Microsoft after tablet launch
Microsoft's new Surface device signals the company's hunger to join the three-way battle for the tablet market, even if its longstanding hardware partners are not quite ready. Full Article | Video
Nomura hit by Japan insider trading crackdown
TOKYO - From interviews with bankers, regulators and lawyers with knowledge of a probe into Japan's largest stock broker emerges a picture of a reluctant watchdog roused into action by whistleblowers with evidence that the Tokyo market was rigged. Full Article
Dimon says JPM was honest with shareholders
WASHINGTON - Jamie Dimon says his bank was upfront with investors about its multibillion-dollar trading loss, even as regulators investigate whether JPMorgan disguised a dramatic rise in risk-taking. Full Article
Nike and Adidas lead suppliers' battle for gold
HERZOGENAURACH, Germany/LONDON - U.S. market leader Nike and German rival Adidas are locked in their own Olympic battle to boost athletes' performance and squeeze maximum value out of next month's Games in London. Full Article
Who's who in Athens' new political power game
June 20 - A profile of the three key players - New Democracy's Samaras, Pasok's Venizelos and the Democratic Left's Kouvelis - likely to form a pro-bailout coalitaion in Greece.
Latest Headlines
Coal mining clashes
Coal miners toss bottles and fire off home-made rockets as they clash with police in protests over the government's proposal to decrease coal production funding.
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G20 backs Europe's slow overhaul
World leaders support Europe's plans for an ambitious but slow-moving overhaul of the euro zone. Plus Mubarak ailing, Greeks set to seal coalition and Europe dampens Asia business sentiment. Video
Europe must be persuaded to make a permanent fix
A euro zone collapse would be an economic disaster that might define this quarter century. Its prospect must concentrate the minds of all those in Los Cabos not so much on reform as on immediate action. Commentary
Europe’s reckoning is delayed…but for how long?
Everything in Europe has a ‘but’ attached to it these days. Every piece of good news comes with an existential caveat, the weekend's Greek elections included. Commentary
European banking union won't come fast
Parts of the euro zone’s banking industry are so rotten that taxpayers elsewhere can’t reasonably be asked to bail them out. A massive cleanup is required first. The crisis in Greece, Spain and other countries may provide the impetus. But even then, union should proceed in stages. Commentary | Video
The good, the bad and the global economy
The tight correlation in fates between the world's economic titans is a phenomenon we had better get used to, and understand, because it’s not going away. This is not all bad news, but while interconnectedness yields benefits, it also creates pitfalls. Commentary
Press, police, politicians and public in race to the bottom
We need a regulatory framework which distinguishes far more robustly between people who have never chosen to live their lives in the glare of publicity and celebrities who simply want to see the media industry remade in the image of Hello! magazine. Commentary
Editor: Nikolas Blome
Nikolas Blome is one of the most powerful journalists in Europe. Chief political correspondent and deputy editor of Bild, continental Europe's most widely read daily newspaper, he commissions stories that attract some 12 million readers. Full Article
Crisis manager: Joerg Asmussen
Putting out fires is nothing new to European Central Bank board member Joerg Asmussen. His dad ran the local fire brigade when he was a boy: a round-the-clock job that required a cool head. Full Article
Sherpa: Antonio Jose Cabral
From his office on the 13th floor of the European Commission, Antonio Jose Cabral can look out over the rooftops of Brussels' 'European quarter' and the institutions tackling Europe's debt crisis - if he finds the time. Full Article
Protester: Ivan Ayala
It has no formal structure, no clear leaders and no official spokesperson. Yet the "Indignados" movement remains a potent force in Spain, where protests against the handling of the economic crisis continue. Full Article
Banker: Douglas Flint
If fixing the euro zone crisis requires an accountant's precision and calmness, the new head of the global banking lobby group is in a good position to help. Full Article
Networker: Jen Weidmann
The telephone in the office of Bundesbank President Jens Weidmann rarely stops ringing. Full Article
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