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| ECB move on Greek banks hits euro confidence |
| The European Central Bank has stopped offering liquidity to some Greek banks it does not consider solvent, and international concern about the euro zone rose as Athens called new elections that look set to be won by parties opposing austerity measures. |
| BoE warns of EU crisis storm |
| Bank of England Governor Mervyn King said officials have prepared for dangers posed by Europe’s debt crisis, after the bank lowered growth forecasts and raised predictions for inflation this year. |
| UAE-Italy trade rises 20% in Q1 |
| Trade between the UAE and Italy trade grew 20 per cent in the first quarter of the year, as the total size of bilateral trade rose to $5 billion in the past year. |
| GCC ministers of commerce hold 45th meet |
| Empower posts 30% rise in hotel customers |
| Biz Talk |
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| Asian start-ups gain as Facebook’s Saverin looks East |
| Far from the Wall Street limelight, Facebook’s co-founder Eduardo Saverin is keeping a low profile in Singapore, investing his wealth in tech start-ups while enjoying a life of luxury. |
| Technology |
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| New York unveils digital map to help job seekers |
| New York City Mayor Michael Bloomberg has unveiled an online map aimed at helping job applicants find employment in local technical and digital media businesses. |