Reuters

Scale of euro zone debt may create systemic ... July 12, 2011 The quantity of debt that is involved in the euro zone crisis is sufficient to create a systemic problem for the financial markets, says Citi Global Head of Credit Strategy Matt King.

Reuters

Australian wheat’s mice plague July 12, 2011 Join Reuters Insider on a tour of New South Wales, where approximately one quarter of Australia’s wheat is grown and is being plagued by the worst mice infestation in 30 years.

Reuters

Murdoch’s UK media dominance should be cut: ... July 12, 2011 Russian tycoon Alexander Lebedev, owner of the British newspapers Evening Standard and Independent, says Rupert Murdoch should not be allowed to buy the 61 pct share of BSkyB he doesn’t already own.

Reuters

Iceland’s cigarette prescription plan July 12, 2011 July.12 - Iceland is considering a plan by the country’s health minister to limit smoking among youngsters by making cigarettes available only on prescription. Sonia Legg reports

Reuters

Euro to target $1.35 in steep retreat, says ... July 12, 2011 The euro’s next key technical support is $1.35 after breaking below the previously important $1.41 level, says Reuters North Asia general manager Phil Smith.

Reuters

Inside the News: More speed needed from ... July 12, 2011 The euro zone debt crisis will put Spain and Italy in more unstable territory due to the lack of cohesion from European policymakers, says Rabobank Senior Fixed Income Strategist Richard Mcguire.

Reuters

Breakingviews: Italy can save itself to save ... July 12, 2011 Italy is both too big to fail and too big to bail. But if its government keeps focused on its debt problem and structural reforms, it can save itself, says Breakingviews Assistant Editor Robert Cole.

Reuters

Inside the News: Euro Zone Contagion Fears ... July 12, 2011 Fears the euro zone crisis is engulfing Spain and Italy sends markets in a spin, slamming the risk appetite, the euro and growth-related assets. Euro/dollar under heavy selling pressure, below $1.40.

Reuters

Inside the News: Euro zone hesitation rattles ... July 12, 2011 Euro zone finance ministers fail to convince investors they’re on top of the debt crisis, knocking the euro below $1.40, painting equity markets red and propelling euro-priced gold to a record high.

Reuters

Inside the News: Trade BSkyB as call option, ... July 12, 2011 Investors wanting a slice of BSkyB should treat the stock as a call option and take a long term view as it looks expensive following News Corp hacking scandal, says Reuters Analyst Richard Muller.

Reuters

BoJ keeps monetary policy on hold July 12, 2011 July 12 - The Bank of Japan holds monetary policy but revises up its assessment of the country’s economy, encouraged by a rebound in factory output and increasing signs that the recovery from the ...

Reuters

China Inc moves offshore July 12, 2011 July 12 - Soaring costs force some companies to rethink their China strategy and look for cheaper options outside the country. Deborah Kan reports.

Reuters

Greece needs funding assurances, says Greek ... July 12, 2011 Greece’s former Finance Minister Yiannos Papantoniou says Athens needs immediate assurances from European leaders it will get funding until 2014 and warns a selective default would be disastrous.

Reuters

Asian stocks fall despite EU pledge July 12, 2011 July 12 - Asian stocks fall despite EU pledge to help Greece and other EU debtors; including allowing a possible selective default to help Athens deal with its debt. Arnold Gay reports.

Reuters

Asian stocks fall despite EU pledge July 12, 2011 July 12 - Asian stocks fall despite EU pledge to help Greece and other EU debtors; including allowing a possible selective default to help Athens deal with its debt. Arnold Gay reports.

Reuters

Murdoch agrees to refer BSkyB bid July 12, 2011 July.12 - Rupert Murdoch and the British government agreed to refer his bid for broadcaster BSkyB to regulators, opening a lengthy review in the hope of taking the sting from a phone-hacking ...

Reuters

Breakingviews: Morgan Stanley should keep two ... July 11, 2011 July 11 - Morgan Stanley CEO James Gorman is preoccupied with additional duties as chairman and Breakingviews says keeping the two jobs separate allows for better corporate governance and focused ...

Reuters

Nestlé's sweet for China’s Hsu Fu Chi July 11, 2011 July 11 - Nestle, the world’s largest food company, has offered to buy 60 percent of Chinese candy maker Hsu Fu Chi International for about $1.7 billion as the Swiss firm raises its bets on ...

Reuters

Markets sink as worries rise July 11, 2011 July 11 - Stock markets were sharply lower in the U.S. and Europe as investors grapple with debt fears and economic jitters at home and abroad. Conway G. Gittens reports.

Reuters

Europe Day Ahead: Debt talks rumble on as ... July 11, 2011 The euro zone debt crisis will remain firmly centre stage as EU finance ministers continue to search for a solution at talks in Brussels on Tuesday, while Opec publishes its monthly report.