Asia cheered by China, European stimulus

SYDNEY - Asian share markets followed the dollar higher on Monday as the prospect of further policy stimulus in China and Europe whetted risk appetites while sending the euro skidding.

Recent Business News

Countdown to missed opportunity for EU economy

PARIS - The countdown has begun to what threatens to be a missed opportunity to revive Europe's stalled economy.

6:00am EST

Intel could rise 30 percent over next two years: Barron's

- Shares in microprocessor maker Intel Corp could rise more than 30 percent to $48 over the next two years, Barron's reported in its Nov. 24 edition.

2:46pm EST

Lufthansa says it has gained market share in Germany

FRANKFURT - Germany's largest airline Deutsche Lufthansa has won a bigger slice of its domestic market in recent months, its chief executive told newspaper Sueddeutsche Zeitung.

3:08pm EST

Italian bank Intesa eyes UK's Coutts International: FT

- Italy's retail bank Intesa SanPaolo is looking at a possible bid for Coutts International, the wealth management arm of Royal Bank of Scotland , the Financial Times reported.

2:51pm EST

Telecom firms call for change to BT's business broadband 'monopoly'

LONDON - Britain's biggest telecoms service providers have filed a complaint to media regulator Ofcom demanding greater competition in the business broadband market, where they say BT has an effective monopoly.

2:04pm EST


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