GE expects 2012 to be another volatile year (AP)
AP - General Electric Co. is bracing for another volatile year. The global conglomerate expects to see emerging markets from China to South America continue to grow while Europe falls into a recession.
Lost decade of growth for the West (Reuters)
Reuters - Five years after the credit crisis began, Western economies are confronting the prospect of a lost decade of growth, and international diplomats are warning the damage could get even worse if Europe allows its sovereign debt crisis to fester much longer.
Infosys quarter profit $458M, cuts guidance (AP)
AP - Quarterly profits at Infosys beat expectations, but the outsourcing bellwether said Thursday that the global economic slowdown and chaos in Europe would hit growth going forward, disappointing investors.
Wall Street ends near 5-month high before Europe test (Reuters)
Reuters - Stocks held firm near recent five-month highs on Wednesday as investors awaited key bond market tests for Europe in the next two days that could determine the direction of the euro zone crisis.
Mitt Romney attacks Obama as too cozy with Europe (AP)
AP - Europeans awoke Wednesday to find themselves plunged into the middle of the U.S. presidential race after a Republican front-runner accused President Barack Obama of cozying up to Europe while ignoring basic American values.
Stock futures off after market hits 5-month high (Reuters)
Reuters - Stock index futures dipped on Wednesday, a day after major indexes hit a five-month high, with pressure on the euro testing the recent view that the U.S. market was decoupling from Europe.
Stocks close higher on hopes for earnings, Europe (AP)
AP - U.S. stocks rose solidly Tuesday after European markets rallied and corporate bellwether Alcoa predicted stronger demand in 2012. The Standard & Poor's 500 index closed at its highest level since July.
EU ministers plan Iran oil embargo, IAEA team to visit (Reuters)
Reuters - Europe and Japan moved ahead Tuesday in planning for punitive cuts in oil imports from Iran, where a senior official dismissed Western anger at news Tehran is enriching uranium deep underground as cover for ulterior motives.
Hedge funds lock horns with IMF on Greek debt (Reuters)
Reuters - Hedge funds are taking on the powerful International Monetary Fund over its plan to slash Greece's towering debt burden as time runs out on the talks that could sway the future of Europe's single currency.
EU, Japan prepare for Iran oil embargo (Reuters)
Reuters - Europe and Japan moved ahead on Tuesday in planning for punitive cuts in oil imports from Iran, where a senior official dismissed Western anger at news Tehran is enriching uranium deep underground as cover for ulterior motives.
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