Reuters: Top News

Greeks delay bailout talks as Merkel demands action

Mon, 06 Feb 2012 14:44:37 -0500

ATHENS/PARIS (Reuters) - German Chancellor Angela Merkel told Greece on Monday to make up its mind fast on accepting the painful terms for a new EU/IMF bailout, but the country's political leaders responded by delaying their decision for yet another day.

Gingrich vows to take fight to "timid" Romney

Mon, 06 Feb 2012 14:32:47 -0500

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.

Syria bombards Homs; West scrambles for new strategy

Mon, 06 Feb 2012 13:51:34 -0500

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.

With economy improving, Obama would beat Romney: poll

Mon, 06 Feb 2012 14:32:07 -0500

WASHINGTON (Reuters) - President Barack Obama - bolstered by a stronger economic outlook and recent job growth - would win in a match-up against the two leading Republican presidential candidates Mitt Romney and Newt Gingrich, a poll on Monday showed.

Insight: Two firms flourish in frenzied MF Global aftermath

Mon, 06 Feb 2012 10:02:26 -0500

NEW YORK (Reuters) - The mad rush to move client money out of MF Global Inc. after its collapse left two firms with the bulk of customer accounts, while other brokerages emerged with only minor gains from the chaos of carving up a multibillion-dollar business.

Wall Street edges lower after string of gains

Mon, 06 Feb 2012 14:13:07 -0500

NEW YORK (Reuters) - Stocks edged lower on Monday as investors found little reason to extend a five-week rally on lingering uncertainty over whether Greece would accept the terms of a bailout.

Analysis: Euro zone strugglers lack innovative knack

Mon, 06 Feb 2012 12:29:43 -0500

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.

U.S. closes embassy in Syria, vows further pressure

Mon, 06 Feb 2012 12:16:38 -0500

WASHINGTON (Reuters) - The United States closed its embassy in Damascus on Monday and President Barack Obama vowed to ratchet up pressure on Syrian leader Bashar al-Assad to step down, even as world powers remained divided over how to end the crisis.

U.N. nuclear talks in Tehran: frustrated hopes

Mon, 06 Feb 2012 13:49:22 -0500

VIENNA (Reuters) - After two days of rare and intensive talks in Tehran, senior U.N. nuclear officials may have felt they were finally making headway towards getting Iran to address suspicions that it is bent on developing the ability to make atom bombs.

Giants win Super Bowl thriller against Patriots

Mon, 06 Feb 2012 06:45:24 -0500

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.