Market edges up, Wall Street awaits Facebook debutNEW YORK (Reuters) - Stocks rose in early trading on Friday but were gearing up to close their worst week of the year, while Facebook's market debut could help lift battered investor sentiment.
1 hour ago - Share Investors eagerly await Facebook debut on Wall Street(Reuters) - Investors are bracing for Facebook's Wall Street debut on Friday after the pioneering online social network raised about $16 billion in one of the biggest initial public offerings in U.S. history.
1 hour ago - Share Banks' rising bad loans add to Spanish troublesMADRID (Reuters) - Spanish bank bad loans rose in March to their highest in 18 years, figures from the Bank of Spain showed on Friday, underscoring the problems facing the government as it attempts to clean up the sector and get its economy back on track.
3 hours ago - Share Europe thinks the unthinkable on GreeceBRUSSELS/LONDON (Reuters) - European officials are working on contingency plans in case Greece bombs out of the euro zone, the EU's trade commissioner said on Friday, while Berlin said it was prepared for all eventualities.
2 hours ago - Share Wall Street banks facing second-quarter slowdown: analyst(Reuters) - Wall Street banks will report sharp declines in trading and investment banking revenues in the second quarter because of weaker client activity, JPMorgan analyst Kian Abouhossein said in a report on Friday.
1 hour ago - Share China cries foul after U.S. sets tariffs on solar imports(Reuters) - The United States imposed punitive tariffs on solar panel imports from China, the latest in a series of trade disputes between the world's two biggest economies and sparking accusations by Beijing of protectionism.
5 hours ago - Share BMW eyes new production sites abroad: sourceMUNICH (Reuters) - Premium carmaker BMW is considering new production sites around the world, with one option being Mexico, a person familiar with the situation told Reuters on Friday.
3 hours ago - Share Italy to keep debt profile outside riskier areaMILAN (Reuters) - The average lifespan of Italian debt, which has fallen during the euro zone crisis as investors favor safer short-term issues, should still be close to the current level of 6.8 years at the end of 2012, a top Italian debt official said.
3 hours ago - Share Euro zone market turmoil to last 12-24 months: German finance ministerPARIS (Reuters) - Market turmoil over the euro zone crisis could last another 12 to 24 months, German Finance Minister Wolfgang Schaeuble said on Friday, saying it was up to the Greeks to decide if they wanted to stay in the single currency.
6 hours ago - Share Analysis: JPMorgan CEO gets crisis marks but war isn't overNEW YORK (Reuters) - Shooting from the hip may have got Jamie Dimon into deep trouble -- shooting straight may help to get him out of it.
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