(Updates prices, adds quote, changes byline, dateline; previousLONDON) * EU summit may not yield meaningful outcome-analysts * Germany says euro bonds do not offer solution * But traders still wary of ...

(updates prices) * Sterling softer after inflation data * Hits 2-week low vs euro, down 0.3 pct vs dollar * IMF says BOE should ease policy through more QE LONDON, May 22 (Reuters) - Sterling fell sharply ...

LONDON--(BUSINESSWIRE)-- A.M. Best Europe – Rating Services Limited has removed from under review with negative implications and affirmed the financial strength rating of A- (Excellent) and issuer credit ...

NEW YORK, May 22 (Reuters) - U.S. Treasuries prices fell onTuesday as investors took profits after recent gains andcontinuing uncertainty in Europe kept fund managers on thesidelines. Traders also prepared ...

The head of the International Monetary Fund has warned that the eurozone crisis could prolong the UK's recession while urging the Bank of England to take action to boost growth and reduce unemployment.In ...

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* Fitch cuts Japan debt rating, outlook negative * OECD sees euro crisis threatening world recovery * Facebook shares down more than 3 pct in premarket trade * Futures: S&P down 0.2 pt, Dow off 7 pts, ...

* Berlin still opposed to eurozone bonds * Also against giving debtor nations more time to cutdeficits * France to press for common debt issuance at Wednesdaymeeting * Markets perk up, look for progress ...

-IIF estimates Spanish banks will need €55bn in worst scenario. -Spiraling Europe crisis could hurt world economy -OECD -OECD raises US 2012 GDP forecast -OECD lowers 2012 Eurozone forecast to -0.1% from ...

* U.N. nuclear chief sees deal with Iran "quite soon" * OECD says euro debt crisis could derail global recovery * EU leaders meet on Wednesday to tackle debt crisis * U.S. crude stocks up, products ...

SINGAPORE, May 22 (Reuters) - Asia's naphtha price andmargins were at a six-month low of $869 a tonne and $55.85 atonne respectively as demand is expected to spiral down oncracker run cuts in South Korea ...

The Euro sculpture in front of the European Central Bank in Frankfurt. Europe came under mounting pressure to take action to boost growth as the OECD warned the eurozone crisis has worsened and poses the ...

(Updates with official prices) * China signals willingness to promote growth * EU to hold informal summit on Wednesday * Coming Up: Euro zone consumer confidence, May; 1400 LONDON, May 22 (Reuters) - Copper ...

(Updates prices) * Euro adds to pressure on gold * Implats says losing platinum output; price falls * Coming up: U.S. April existing home sales; 1400 GMT By Amanda Cooper LONDON, May 22 (Reuters) - Gold ...

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* Best Buy shares jump 7 pct following results * Fitch cuts Japan debt rating, outlook negative * OECD sees euro crisis threatening world recovery * Futures up: S&P 4.1 pts, Dow 13 pts, Nasdaq 9.5 pts ...

A trader at work at the German DAX index in Frankfurt. European stocks rose, building on the previous day's recovery from recent sharp losses, in the hope that EU leaders will firm up action on tackling ...

May 22 (Reuters) - European telecommunications * Moody's : European telecoms operators' opportunities to cut costs are diminishing

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By Stanley White TOKYO (Reuters) - Fitch cut Japan's sovereign credit status on Tuesday to the lowest level among global ratings agencies as a political stalemate dims the chance that the country can curb ...

By Richard Hubbard LONDON (Reuters) - World shares gained for a second day on Tuesday as speculation grew that European leaders would agree on fresh action to tackle the region's debt crisis at an informal ...

FRANKFURT, May 22 (Reuters) - There was more bad news forbeleaguered Greece on Tuesday, as two more German travel firmssaid they were seeing a 30 percent plunge in bookings to theMediterranean nation. ...

Oil recoiled, hit by profit-taking and the stronger dollar on the eve of an informal meeting in Brussels where the eurozone's crippling sovereign debt crisis will top of the agenda.

LONDON, May 22 (IFR) - Alternative asset managerIntermediate Capital Group posted stronger-than-expected profitsin its key funds on Tuesday, and announced a strong anddiversified pipeline despite tough ...

* Equities rise on EU talk, China spending report * But scepticism over a deal keeps the euro under pressure * German bund futures ease as traders pocket profits LONDON, May 22 (Reuters) - World shares ...

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The debt crisis in the eurozone has left the average British household £18,000 worse off, it has been claimed.

By Kate Holton LONDON (Reuters) - Mobile operator Vodafone (VOD.L) made a writedown of 4 billion pounds and cut its medium-term sales target as the debt crisis squeezed customers in southern Europe, forcing ...

* Fitch cuts Japan debt rating, outlook negative * OECD sees euro crisis threatening world recovery * Nasdaq to set aside $13 mln to resolve bad trades * Futures off: S&P 0.6 pts, Dow 9 pts, Nasdaq 4.5 ...

* Euro falls as little progress expected at EU summit * Yen falls as Fitch downgrades Japan ratings * Germany says euro bonds do not offer solution * But traders still wary of short squeeze potential in ...

* FTSEurofirst up 0.7 percent * Volumes light as rally fails to convince * Miners, autos lifted by China growth reports * Banks lag as markets await euro policymaker intervention LONDON, May 22 (Reuters) ...

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