How the Fed could ruin your summer holidayBy Luciana Lopez NEW YORK (Reuters) - Have your summer vacation all booked? Hoping to ignore your phone for a while, feeling safe in your investments and secure in the knowledge that the world's financial … More »How the Fed could ruin your summer holiday
By Luciana Lopez NEW YORK (Reuters) - Have your summer vacation all booked? Hoping to ignore your phone for a while, feeling safe in your investments and secure in the knowledge that the world's financial authorities aren't planning any surprises just yet? Think again. U.S. Federal Reserve Chairman Ben Bernanke made it …
Ireland considering reform of corporate tax system: paperDUBLIN (Reuters) - The Irish government is examining options to close a loophole in its tax system that has allowed multinational companies to significantly reduce taxes they pay on profits, the Sunday … More »Ireland considering reform of corporate tax system: paper
DUBLIN (Reuters) - The Irish government is examining options to close a loophole in its tax system that has allowed multinational companies to significantly reduce taxes they pay on profits, the Sunday Business Post newspaper reported. Ireland has been criticized by British and U.S. legislators in recent weeks for the fact …
Economic reality finally cracks market fervorBy Andy Bruce LONDON (Reuters) - As evidence mounts that a mid-year slowdown is taking place in the world economy, the next few days will offer a clearer glimpse of how that will impinge on policymaking … More »Economic reality finally cracks market fervor
By Andy Bruce LONDON (Reuters) - As evidence mounts that a mid-year slowdown is taking place in the world economy, the next few days will offer a clearer glimpse of how that will impinge on policymaking and buoyant financial markets. Global stocks stumbled last Thursday in one of the few times the grey economic reality …
Hertz stock could rise 70 percent in two years: Barron's(Reuters) - Car rental company Hertz Global Holdings Inc is poised for a long run of earnings and revenue growth and the stock could be worth 70 percent more in two years, the Barron's financial news weekly … More »Hertz stock could rise 70 percent in two years: Barron's
(Reuters) - Car rental company Hertz Global Holdings Inc is poised for a long run of earnings and revenue growth and the stock could be worth 70 percent more in two years, the Barron's financial news weekly said in its May 27 edition. The car rental industry, tied closely to airline traffic and hotel bookings, is seeing …
Ford's profits will accelerate as Europe improves: Barron'sNEW YORK (Reuters) - Shares of Ford Motor Co have surged nearly 40 percent over the past year, but the company isn't yet firing on all cylinders, said Barron's in its May 27 edition. Last quarter, Ford's … More »Ford's profits will accelerate as Europe improves: Barron's
NEW YORK (Reuters) - Shares of Ford Motor Co have surged nearly 40 percent over the past year, but the company isn't yet firing on all cylinders, said Barron's in its May 27 edition. Last quarter, Ford's pretax profit in North America reached the highest level in a decade, but losses in Europe widened. The good news is …
Asian stocks still shaky as Nikkei slides 3 percentBy Ian Chua SYDNEY (Reuters) - Japan's Nikkei index slid 3.0 percent in early trade on Monday, following on from a 3.5 percent slide last week in breath-taking volatility that no doubt left many investors … More »Asian stocks still shaky as Nikkei slides 3 percent
By Ian Chua SYDNEY (Reuters) - Japan's Nikkei index slid 3.0 percent in early trade on Monday, following on from a 3.5 percent slide last week in breath-taking volatility that no doubt left many investors shaken. "Last week's shock will probably last throughout this week," said Kenichi Hirano, a strategist at Tachibana …
Insight: Two things missing on Spain's route to recoveryBy Michael Stott MADRID (Reuters) - Spanish officials tell a dramatic turnaround story: from near-bankruptcy a year ago to model of budget austerity and reform now. There are just two things missing: jobs … More »Insight: Two things missing on Spain's route to recovery
By Michael Stott MADRID (Reuters) - Spanish officials tell a dramatic turnaround story: from near-bankruptcy a year ago to model of budget austerity and reform now. There are just two things missing: jobs and growth. And only one potential salvation: exports. Ministers reel off a litany of statistics to show how much has …
Tata's Mistry man: tightening belts as more frugal era beginsBy Henry Foy MUMBAI (Reuters) - As Ratan Tata strode the halls of the Geneva Motor Show in March, joking with journalists and chatting with auto industry leaders, his successor at the helm of India's biggest … More »Tata's Mistry man: tightening belts as more frugal era begins
By Henry Foy MUMBAI (Reuters) - As Ratan Tata strode the halls of the Geneva Motor Show in March, joking with journalists and chatting with auto industry leaders, his successor at the helm of India's biggest business group stood silently on the sidelines. Shunning the spotlight since taking charge of the $100 billion Tata …
- Brazil says will cancel Africa debt worth $900 mln
ADDIS ABABA (Reuters) - Brazil will cancel or restructure almost $900 million in debt owed by African countries, a Brazilian official said on Saturday, as part of a plan to increase future funding to the … More »Brazil says will cancel Africa debt worth $900 mln
ADDIS ABABA (Reuters) - Brazil will cancel or restructure almost $900 million in debt owed by African countries, a Brazilian official said on Saturday, as part of a plan to increase future funding to the continent. Latin America's economic powerhouse is increasingly expanding its economic ties with Africa, a sign of how …
Electric car venture Better Place files to liquidateBy Ari Rabinovitch JERUSALEM (Reuters) - Electric car company Better Place said on Sunday it had filed a motion in an Israeli court to wind up the company, bringing an end to a venture whose battery charging … More »Electric car venture Better Place files to liquidate
By Ari Rabinovitch JERUSALEM (Reuters) - Electric car company Better Place said on Sunday it had filed a motion in an Israeli court to wind up the company, bringing an end to a venture whose battery charging network had aimed to boost electric car sales. Better Place partnered with Renault in 2008 to create an electric …
Merkel, Li call for end to EU-China solar trade rowBy Erik Kirschbaum BERLIN (Reuters) - German Chancellor Angela Merkel and Chinese Premier Li Keqiang on Sunday called for an end to a trade row between Europe and China over solar panels and wireless equipment, … More »Merkel, Li call for end to EU-China solar trade row
By Erik Kirschbaum BERLIN (Reuters) - German Chancellor Angela Merkel and Chinese Premier Li Keqiang on Sunday called for an end to a trade row between Europe and China over solar panels and wireless equipment, telling a joint news conference they were both for free trade. The European Union accuses China of pricing its …
China, EU to discuss trade disputes on MondayBEIJING (Reuters) - China will hold informal talks with the European Commission on Monday to try to defuse a trade row over solar panels and wireless equipment. The European Union accuses China of pricing … More »China, EU to discuss trade disputes on Monday
BEIJING (Reuters) - China will hold informal talks with the European Commission on Monday to try to defuse a trade row over solar panels and wireless equipment. The European Union accuses China of pricing its solar panels and mobile telecom devices too cheaply and "dumping" them in Europe to corner the market. It plans …
China PM says stable euro in best interests of China and worldBERLIN (Reuters) - China's Premier Li Keqiang said on Sunday a stable euro was in the best interests of China and the whole world. Speaking at a news conference in Berlin with Chancellor Angela Merkel, … More »China PM says stable euro in best interests of China and world
BERLIN (Reuters) - China's Premier Li Keqiang said on Sunday a stable euro was in the best interests of China and the whole world. Speaking at a news conference in Berlin with Chancellor Angela Merkel, Li said China has offered its help throughout the euro zone crisis. "We've stood by Europe and we hope that the European …
BOJ's Kuroda says pain from bond yield rise is manageableBy Leika Kihara TOKYO (Reuters) - Bank of Japan Governor Haruhiko Kuroda said the country's financial institutions have sufficient buffers against losses they may incur from rises in bond yields, as long … More »BOJ's Kuroda says pain from bond yield rise is manageable
By Leika Kihara TOKYO (Reuters) - Bank of Japan Governor Haruhiko Kuroda said the country's financial institutions have sufficient buffers against losses they may incur from rises in bond yields, as long as the market moves are driven by prospects of an economic recovery. The central bank will also be vigilant to any signs …
RBS board has held CEO successor talks: reportLONDON (Reuters) - Directors of Royal Bank of Scotland have held recent talks on identifying a replacement for its chief executive Stephen Hester, Sky News said on Sunday citing sources. Sky News said … More »RBS board has held CEO successor talks: report
LONDON (Reuters) - Directors of Royal Bank of Scotland have held recent talks on identifying a replacement for its chief executive Stephen Hester, Sky News said on Sunday citing sources. Sky News said Philip Hampton, Chairman of the state-backed lender, called a meeting of the bank's non-executive directors earlier this …
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