Business news

The Greek Cabinet meets Sunday to finalize a plan to cut civil service personnel by 30,000 by the end of the year.
A government announcement says […]

Moody’s ratings agency downgraded eight Greek banks by two notches Friday due to their exposure to Greek government bonds and the deteriorating economic situation in […]

Investors on Wall Street and around the world sold stocks with abandon Thursday, more convinced than ever that a global recession is under way. The […]

Plans are under way to allow TV cameras into some courts in England and Wales so the public can judge the judicial system’s performance, British […]

Asian stocks sank Thursday after Japan announced that exports had fallen for the fifth straight month in July and weak forecasts in the U.S. fed […]

Arch Coal Inc.’s second-quarter profit fell 83 percent as acquisition-related costs more than offset the effect of higher coal prices.
Net income fell to $11.6 million, […]

Belgium’s finance minister is raising the possibility that Greece might get only part of its next loan payment needed to avoid defaulting on its debts.
Didier […]

Google is making its largest investment yet in clean energy in an effort to help private homeowners put solar panels on their rooftops.
The $280 million […]

Natural disasters in Australia probably cut more than 1 percentage point from economic growth in the first quarter, Treasurer Wayne Swan said ahead of a […]

Japan’s current-account surplus narrowed more than expected in March as a record earthquake disrupted the nation’s supply chain, curbing exports.
The gap shrank 34 percent […]