'THE LEHMANN BROTHERS FOR THE EURO ZONE'
Greece's troubles are forcing Germany and others to think the unthinkable.
Why a debt crisis in Greece matters to the rest of the world
Greece has a small, largely inconsequential economy, even by European standards. And it was already reeling from fiscal mismanagement by undisciplined governments well before the global credit crisis. Yet its current woes have sent shudders through markets, as fears mount that what began in Greece could easily spread to other countries
French identity no longer open to debate
PM shelves grand collective discussion that critics said opened a Pandora's box
Partnership deal close, Value Creation says
Value Creation Inc., the embattled oil sands company that was just days away from a critical debt deadline, has selected a company it hopes to form a "strong partnership" with. Columba Yeung, the founder and chairman of the privately owned company, declined to comment on reports that Reliance Industries Inc., India's biggest public company, had submitted a bid. "We have multiple offers, but at this point in time we are particularly focused on one of the partners," he said.
Acquittal on slander charge clears way for de Villepin to challenge Sarkozy
Former PM has already started building a political machine and making public appearances that have all the hallmarks of an election campaign
Canada on sidelines of Afghan strategy
Country's shrinking influence becomes evident as other nations commit more ideas, funds and troops
AB InBev, unions agree to freeze Belgian layoffs
The world's biggest brewer, Anheuser-Busch InBev SA , has agreed to freeze planned job cuts in Belgium to get workers to drop a two-week brewery blockade causing beer shortages at supermarkets and bars. The company and Belgian trade unions said yesterday that they struck a deal that postpones the brewer's plans to reduce 303 jobs in Belgium - some 10 per cent of its work force there. It says it will also create 40 call centre sales positions, bringing net job losses to 263. The beer drought saw the Belgian government drafted in to help mediate the standoff. BUD (New York) fell $1.39 (U.S.) to $47.88. ECONOMY
Producers turn to Asia
Booming East has Russia, Saudis 'going where the customers are'
The Orange Revolution fades to black as Russia rises again in Ukraine
dsaunders@globeandmail.com
Heineken gains footing in Mexico
Heineken NV, the world's third-largest beer maker, delivered a rare defeat to archrival SABMiller PLC with its $7.6-billion (U.S.) purchase of Mexico's Femsa Cerveza, a move designed to give the Dutch brewer exposure to the fast-growing Latin American market.
Bonds
Storied Cambridge turns to bond market
Fewer donations and dwindling investment funds lead university to raise as much as $600-million in an upcoming issue
WHY ICELAND DOESN'T WANT TO PAY
Hannes H. Gissurarson, a former board member of Iceland's central bank and a professor at University of Iceland, offers four reasons why Icelanders do not want to reimburse Dutch and British governments billions of dollars for losses on Icelandic Landsbanki.
Doug Saunders
When MPs attack
Though it was a spectacular failure, attempts by two Labour MPs to oust their leader revealed deep splits within the party
Dubai stands by U.K. port pledge
British Prime Minister Gordon Brown, second from right, yesterday views a model of the DP World London Gateway after the debt-laden Dubai World said it would stand behind plans to build the deep-sea port in southeastern England. The $2.4-billion (U.S.) project was put under review by the ports subsidiary of state-owned investment group Dubai World during the Gulf emirate's recent financial woes. London Gateway, the first new deep-sea container port in Britain for more than 25 years, is intended to create 36,000 jobs, including 12,000 in the short-term in construction and logistics. The port is planned as a hub, with containers being sent via smaller ships to other British ports.
'LET'S DRINK TO ALL THE RUSSIAN GAS'
An energy monopoly celebrates itself with Soviet-style images and a call to imbibe
Total buys into shale gas play
French oil giant commits $2.25-billion to develop Chesapeake Energy assets in Texas
U.S., Britain close Yemeni embassies as new front emerges in al-Qaeda war
Threat points to 'spreading franchise'
For Kremlin-backed oligarchs, signs of life
The state has come to the rescue of some of Russia's embattled billionaires
Cyprus' rival leaders agree to step up reunification talks
Move seen as key to peace deal
Flyglobespan folds up its wings
Cash-strapped Scottish carrier cancels all flights, leaving 4,500 passengers stranded, as it succumbs to slump in leisure travel