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Dutch prince in critical condition after Austria avalanche

Dutch Prince Johan Friso was in critical but stable condition in an Innsbruck hospital's intensive care unit Friday after an avalanche buried him while he was skiing off piste in the Austrian alps, police said.

 

Dow climbs in early trading to near 13,000 mark

Stock Market

U.S. stocks closed in on the psychologically important mark of 13,000 for the Dow Jones industrial average as optimism about the Greek bailout and the European financial situation sent stocks up in early trading.

 

Italy police seize $6 trillion of fake U.S. T-bonds

Italian police said on Friday they had seized about $6 trillion of fake U.S. Treasury bonds in Switzerland, and issued arrest warrants for eight people accused of international fraud and other financial crimes.

 

Greek Political Leaders Commit to Austerity Deal

Antonis Samaras

The letters aim to satisfy one of the key demands set by Greece's international lenders, but other issues remained unresolved.

 

Google $12.5 billion acquisition of Motorola Mobility gains European approval

Google’s $12.5 billion acquisition of cellphone maker Motorola Mobility has won approval of European antitrust regulators, moving Google one step closer to completing the biggest deal in its 13-year history.

 

Europe Clears Google Acquisition of Motorola

Motorola

European Union antitrust regulators on Monday approved Google’s acquisition of the U.S. cellphone maker Motorola Mobility without conditions, but added a stern warning: Play fair in markets for smartphones and tablet computers, or face tough sanctions.

 

Some say Greek debt deal will make things worse

Latest austerity cuts approved as 100,000 take to the streets in protest; 93 buildings damaged in Athens.

 

Greece Cabinet OK's austerity plan

Greece

Greece's Cabinet approved austerity measures demanded in return for a new eurozone bailout of the debt-stricken country Saturday, a day ahead of a crucial vote in Parliament.

 

Greek deal -- first on, then off -- pushes stocks down

As is increasingly the case with the European financial crisis, the story changed between the time the evening papers went to bed Thursday night and the traders woke up Friday morning.

 

Breakthrough on Austerity Clears Way for Greek Deal

George Papandreou

After days of talks, Greek political leaders reached a deal Thursday to support a package of harsh austerity measures demanded by Greece’s financial backers in return for a bailout.

 

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