Global shares slide amid fears for Spanish banks, growth

TOKYO (Reuters) - Asian shares tumbled on Friday and were set for their worst weekly showing since September, amid political turmoil in Greece and signs of growing instability in Spanish banks, with investors adding the latest weak U.S. data to the list of risk factors.

Investors brace for Facebook debut on Wall Street

(Reuters) - Investors are bracing for Facebook's Wall Street debut on Friday after the world's No.1 online social network raised about $16 billion in one of the biggest initial public offerings in U.S. history.

Spain hires Goldman Sachs to value Bankia: report

MADRID (Reuters) - The Spanish government has hired Goldman Sachs to carry out an independent valuation of Bankia , the ailing bank taken over by the state last week, Spanish newspaper Expansion said on Friday.

JPMorgan's Dimon says will testify before Congress

WASHINGTON (Reuters) - JPMorgan Chase & Co Chief Executive Jamie Dimon has agreed to testify before Congress over the bank's recent trading losses, which have ignited a political debate over whether large U.S. banks need to be reined in by regulators or new laws.

Euro zone market turmoil to last 12-24 months: German finance minister

PARIS (Reuters) - German Finance Minister Wolfgang Schaeuble said on Friday that market turmoil surrounding the euro zone crisis could last another 12 to 24 months and he urged Greeks to decide whether they wished to stay in the single currency.

GM ad move followed failed Facebook pitch: sources

DETROIT/NEW YORK (Reuters) - Facebook may only have itself to blame for why General Motors rained on its IPO parade this week.

China second quarter GDP growth seen at 7.5 percent: government think-tank

BEIJING (Reuters) - China's annual economic growth could slow to 7.5 percent in the second quarter, largely due to curbs on the property sector and headwinds from external demand, the State Information Center, a government think-tank, said in a report published on Friday.

Analysis: JPMorgan CEO gets crisis marks but war isn't over

NEW YORK (Reuters) - Shooting from the hip may have got Jamie Dimon into deep trouble -- shooting straight may help to get him out of it.

U.S. sets new tariffs on Chinese solar imports

(Reuters) - The United States hit Chinese solar companies with punitive import tariffs of 30 percent or more on Thursday, ruling they had dumped cut-price solar panels on the U.S. market.

MF Global clients bash fat fees, seek quick wind-down

(Reuters) - The legal team winding down MF Global's bankruptcy estate, led by former FBI director Louis Freeh, estimates the fees charged by the team and other professionals have reached nearly $25 million since the bankruptcy was filed in October.