Greece's finance minister expressed "great relief" Friday in the wake of a second European bailout for the country's crisis-hit economy, and markets rallied on the news.
But Evangelos Venizelos also promised to press ahead with unpopular cost-cutting measures aimed at generating a primary budget surplus, starting next year.

An unsteady forklift dropped a container full of fine Australian wine worth more than $1 million, smashing most of the bottles. The winemaker says he's "gut-wrenched, shocked and numb" after the loss of his flagship shiraz.
Sparky Marquis of Mollydooker Wines lost a third of his Velvet Glove Shiraz production after the accident that destroyed all but one of the 462 cases bound for the United States.

Oil prices rose toward $100 a barrel Friday in Asia after European leaders reached an aid deal aimed at stanching Greece's financial crisis.
Benchmark oil for September delivery was up 53 cents to $99.66 a barrel at late afternoon Singapore time in electronic trading on the New York Mercantile Exchange. Crude rose 73 cents to settle at $99.13 on Thursday.

Former U.S. President Bill Clinton said Thursday that his foundation would provide more than $1 million to help thousands of Haitian students with their schooling.
"My foundation is going to make a grant of $1.25 million to the Haitian Ministry of Education to insure that 10,000 more children will be able to attend primary school, and get a big meal every day while they are there," Clinton said at a ceremony in which he was decorated by Haitian President Michel Martelly.

The Swiss franc, which has been trading at record highs against major currencies in recent weeks, has begun slowing down trade growth, customs authorities said on Thursday.
"The strength of the franc slowed growth," said authorities in a statement on Swiss trade performance in June and the first half of the year.

The Eurozone, having failed to contain a raging debt crisis for the past year, now faces stark choices for its future: a radical leap towards federalism or a step backwards in the European project.
Quarrels over crafting a new bailout for Greece -- technical disputes over debt restructuring or private sector involvement -- hide deep political divisions between nations over where to take Europe and the euro.

Intel on Wednesday said revenue hit a new high for the fifth straight fiscal quarter due to demand for business gear, mobile gadgets, and data center equipment.
The world's leading computer chip maker reported net income of $3 billion on gross revenue of $13.1 billion in the recently ended fiscal quarter.

The euro was flat against the dollar in Asia Wednesday, with earlier strength caused by hopes of a resolution to Greek bailout talks offset by progress in the U.S. debt ceiling stand-off.
The euro stood at $1.4153 in Tokyo afternoon trade against $1.4150 in New York late Tuesday. It had hit $1.4171 Tokyo morning.

Yahoo! reported Tuesday an 11 percent rise in profit in the second quarter from a year ago, despite a fresh drop in revenue linked to its Internet search agreement with Microsoft.
The Internet company said it had net profit of $237 million, up from $213 million in the 2010 second quarter, slightly exceeding market expectations.

Apple shares hit a record high on Wall Street on Monday ahead of what is expected to be another blockbuster quarterly earnings report by the California gadget-maker.
Apple shares reached $374.65 during trading in New York before closing at $373.80, a gain of 2.43 percent on the day.
