MADRID (Reuters) - Spain, the latest combat zone in Europe's long-running debt wars, urged the euro zone to set up a new fiscal authority to manage the bloc's finances and send a clear signal to markets that the single currency project is irreversible.
Reuters
Analysis: India's growth: build in an incompetence discount
NEW DELHI (Reuters) - It had been another brutal day for the rupee on the foreign exchanges as India's economic crisis escalated and, travelling home from a visit to Myanmar last week, Indian Prime Minister Manmohan Singh summoned journalists on his plane for a briefing.
HSBC gets formal approval for Oman merger, names board, CEO
DUBAI (Reuters) - HSBC Holdings has received formal regulatory approval to merge its business in Oman with local lender Oman International Bank , it said in a statement to the Muscat stock exchange on Sunday.
Analysis: Economic pain takes toll on U.S. earnings forecasts
NEW YORK (Reuters) - Expectations for U.S. corporate earnings are deflating fast as the euro zone crisis deepens and economic data around the world disappoints.
