Italy's making some economic headway and citizens have a choice of two countrymen to thank.» Read More
Take Taiwan's E Ink Holdings Inc, which makes most of the monochrome displays for devices such as Amazon.com Inc's Kindle and Barnes& Noble Inc's Nook. ``The bottom fell out of the market,'' says E Ink Chief Marketing Officer Sriram Peruvemba.
SEOUL, Oct 29- The first payouts from South Korea's state pension fund only started in 2008, but faced with the fastest ageing population among developed nations and one of the lowest birthrates, the country needs to deal with a looming funding crunch.
ATHENS, Oct 25- Greece's foreign lenders have refused to make any further concessions on changes to labour laws contested by a junior coalition partner, the country's finance minister said on Sunday, prolonging an impasse on a crucial austerity package.
*New York, Philadelphia, Washington, Boston in its path. Sandy, expected to come ashore late on Monday, could deliver a harsh blow to major cities including New York, Philadelphia, Washington, Baltimore and Boston. Its center was forecast to strike the New York- New Jersey area and then move inland toward Philadelphia and the rest of Pennsylvania.
BRUSSELS, Oct 28- European Union governments will debate a cut of at least 50 billion euros this week as the starting point for negotiations on the bloc's proposed 1 trillion-euro long-term budget, a source familiar with the issue said.
*Bank of Japan poised to ease as economy takes a hit. LONDON, Oct 28- The last employment report before the U.S. presidential election is likely to have something for everyone- for those bullish and bearish on the economy and for Barack Obama and Mitt Romney.
*Debt-limit hike could be too much for lame-duck Congress. WASHINGTON, Oct 28- A U.S. debt-ceiling increase could be headed for a Wall Street- rattling s howdown in 2013 if Congress, as expected, shuns a quick and easy fix at the end of this year in favor of another round of last-minute brinkmanship.
KIEV, Ukraine-- Ukrainian President Viktor Yanukovych's party claimed victory Sunday in a parliamentary vote tainted by the jailing of the country's top opposition leader.
TORONTO, Oct 28- Workers at Lear Corp's Whitby, Ontario plant, which supplies car seats to General Motors Co in Canada, went on strike on Sunday with employees and management far apart on a range of issues, the Canadian Auto Workers union said. The Whitby factory makes seats for vehicles at the GM plant in Oshawa, Ontario.
PARIS, Oct 28- Executives from nearly 100 of France's biggest companies called on the Socialist government on Sunday to cut payroll taxes by 30 billion euros over two years to regain waning competitiveness.
KIEV, Ukraine-- Ukraine's opposition parties performed strongly in Sunday's parliamentary vote, according to an exit poll, but President Viktor Yanukovych's party could still retain control of the legislature as its members are likely to sweep individual races across the country.
*Resource stock performance tied to China, commodities.
HATTERAS ISLAND, N.C., Oct 28- Hurricane Sandy could be the biggest storm to hit the United States mainland when it comes ashore on Monday night, bringing strong winds and dangerous flooding to the East Coast from the mid-Atlantic states to New England, forecasters said on Sunday.
ZURICH/ LONDON, Oct 28- A metal door set into a mountain in Switzerland offers a way out for fine art investors forced to pay over the odds to insure their collections.
KIEV, Ukraine-- Ukraine's opposition parties alleged widespread violations in Sunday's parliamentary vote, seen as a test of President Viktor Yanukovych's commitment to democracy and European values.
ATHENS, Greece-- Police have arrested the publisher of a magazine that printed what is it says is a list of more than 2,000 Greek depositors at an HSBC bank in Switzerland.
JERUSALEM-- Israel's Justice Ministry has indicted the former chairman of a major bank on charges including aggravated fraud and money laundering. The suspicions against Danny Dankner, who served as chairman of Bank Hapoalim between 2007 and 2009, center on the lender's dealings with Turkey's BankPozitif.
*Poland is EU's growth leader but lags on innovation. WARSAW, Oct 28 Reuters)- Polish scientist Miroslaw Grudzien built the infra-red detectors that NASA uses to explore Mars, but getting a business development loan nearly defeated him. Such stories are common in Poland.
LONDON, Oct 28- A global race for grain trading power is putting more of the world's vital cereals in the hands of fewer companies, with a string of recent acquisitions raising fears that consumers will pay even more for their food, while farmers are squeezed.
BERLIN, Oct 28- With the U.S. presidential election too close to call, hundreds of thousands of Americans living in Europe have been posting their absentee ballots with a sense that they could truly make a difference on Nov. 6.