EU slams ratings agencies after Portugal downgraded | July 06, 2011 04:38 PM ET | STRASBOURG, France/BERLIN (Reuters) - European politicians accused credit rating agencies on Wednesday of anti-European bias after Moody's downgrade of Portugal's debt to "junk" cast new doubt on EU efforts to rescue distressed euro zone states without debt restructuring. | Full Article | China raises rates, shrugs off slowing growth | July 06, 2011 10:34 AM ET | BEIJING (Reuters) - China raised interest rates for the third time this year on Wednesday, making clear that taming inflation remains a top priority even as the growth pace of its vast economy gently eases. | Full Article | | | US TOP NEWS | Murdoch defends papers as Cameron pledges hacking probe | July 06, 2011 04:08 PM ET | LONDON (Reuters) - Rupert Murdoch promised full cooperation on Wednesday to resolve a scandal shaking his media empire after British Prime Minister David Cameron promised an inquiry into what he called "disgusting" phone hacking by a newspaper. | Full Article | Lagarde to give China bigger IMF job | July 06, 2011 03:18 PM ET | WASHINGTON (Reuters) - China is close to clinching a top-level post at the International Monetary Fund, sources familiar with the situation said on Wednesday after the IMF's new chief pledged to give more power to emerging economies. | Full Article | | | HEALTH NEWS | | | | RELATED VIDEO | | | | | A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today. | | Your daily briefing on the latest tech developments from around the world from Reuters expert tech correspondents. Register Today. | | The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day.. Register Today. | | » MORE NEWSLETTERS | | ODDLY ENOUGH | | | |
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