الأربعاء، 7 سبتمبر 2011

Afternoon Update: Markets Lifted by Signs of Progress on European Debt

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TOP NEWS

Markets Lifted by Signs of Progress on European Debt

By CHRISTINE HAUSER, MATTHEW SALTMARSH and DAVID JOLLY

A court ruling in Germany backing euro-zone bailouts and European economic data helped push the broader American markets up 3% on Wednesday.

German Court Rejects Challenges to Euro Bailouts

By NICHOLAS KULISH and ALAN COWELL

The Constitutional Court upheld the legality of rescue packages for debt-stricken euro zone countries, but Parliament must approve any future bailouts.

Mubarak Judge Summons Top Military Officials

By DAVID D. KIRKPATRICK and HEBA AFIFY

The judge hearing the criminal trial of former President Hosni Mubarak summoned Field Marshal Mohamed Hussein Tantawi, Gen. Sami Anan and former intelligence chief Omar Suleiman.

Stent to Prevent Strokes Fails in Study, Surprising Researchers

By GINA KOLATA

A promising device to prop open blocked arteries in the brain to prevent strokes failed in a rigorous study, researchers reported.

The Caucus

Republican Debate: Five Things to Watch

By MICHAEL D. SHEAR

What to watch for during the Republican presidential debate on Wednesday night.

Arts

Video: Christopher Shinn

The playwright Christopher Shinn talks about Sept. 11.

Opinion

Editorial

In the Land of Denial

Republican presidential contenders who regard global warming as a hoax do not offer the leadership that the nation needs to address climate change.

BUSINESS

Britain May Delay Tighter Regulations on Banks

By JULIA WERDIGIER

Because of the weak economy and worries about banks' health, Prime Minister David Cameron is having doubts about changes that could raise banks' costs, officials say.

Saab Files for Court Protection While It Awaits Chinese Cash

By DAVID JOLLY

Saab Automobile and two subsidiaries filed for "voluntary reorganization" to buy time until planned investments from Chinese companies materialize.

DealBook

Hayward's Vallares to Buy Iraqi Oil Company in $2.1 Billion Deal

By JULIA WERDIGIER

Tony Hayward, who resigned as chief executive of BP amid the fallout from the Gulf of Mexico accident last year, is set to lead another oil company.

E.U. Seeks Power to Block Bilateral Energy Deals

By JAMES KANTER

The European Commission wants to stop countries in the bloc from striking bilateral deals that cede too much power to oil and gas exporters likeRussia.

U.S. Slides, Singapore Rises in Competitiveness Survey

By MATTHEW SALTMARSH

The report by the World Economic Forum found Europe still dominates the list of the most competitive economies in the world.

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