ROME (MF-Dow Jones)--The euro's strong rise against the dollar poses a serious problem for the euro zone's third-largest economy, the new head of Italy's largest business organization, Confindustria, said Wednesday.

The business round table convened this week between private sector players and the Government provided a platform for candid discussions on strategies to jump-start an economy that stalled due to political instability early in the year.

As they faced of a climate of economic concern, about 300 business owners gathered Wednesday at John Ascuaga’s Nugget in a united quest to grow their businesses.

ILOILO CITY, Philippines - Remittances from some nine-million overseas Filipino workers, business process outsourcing (BPO) and other recession-proof services are expected to shield the local economy from the effects of the spreading financial crisis.

HONOLULU (KHNL) - With our economy the way it is right now, everyone's hurting. Gas prices are higher than ever, the stretch of our dollars is dwindling. But for some, utilizing a familiar fixture from our childhood is making business boom.