Reuters: Business News
Back to News Portal
02/04/2012 12:14 AMU.S. data boost global equities NEW YORK (Reuters) - Stocks surged and the dollar rose against the yen on Friday as news of a jump in U.S. job creation fuelled hopes for recovery in the world's largest economy, while uncertainty over a Greek debt restructuring deal helped keep the euro little changed. 
02/03/2012 04:30 PMRecession risk eases as service sector grows LONDON (Reuters) - Britain's dominant services sector grew at the fastest pace in 10 months in January and firms became much more optimistic, a survey showed on Friday, crowning a raft of upbeat economic news this week that raised hopes Britain may avoid recession. 
02/03/2012 04:24 PMMiliband attacks "corrosive" bank bonuses LONDON (Reuters) - The opposition Labour Party is calling on banks to exercise restraint in the annual bonus round, warning on Friday that a culture of excessive bonuses has been "corrosive". 
02/03/2012 08:41 PMBakries, Tan seek to oust Rothschild from Bumi board LONDON (Reuters) - Indonesia's politically connected Bakrie family and their shareholder partner in Bumi Plc are seeking to oust financier Nat Rothschild and other key directors from the board of the London-listed coal miner. 
02/03/2012 08:16 PMU.S. jobless rate at 3-year low as payrolls surge WASHINGTON (Reuters) - The United States created jobs at the fastest pace in nine months in January and the unemployment rate unexpectedly dropped to a near three-year low, giving a boost to President Barack Obama. 
02/03/2012 04:31 PMMerged Glencore, Xstrata would take aim at iron ore SYDNEY (Reuters) - An $80 billion (50 billion pound) marriage of commodities trader Glencore and miner Xstrata could lead to a new round of takeovers in iron ore, creating a goliath eager to muscle its way onto one of mining's richest and most closely guarded sectors. 
02/03/2012 07:16 PMSwiss bankers' nerves fray after Wegelin indictment ZURICH (Reuters) - The first indictment of a Swiss private bank over hiding untaxed money for wealthy Americans has heightened tension among private bankers fearful of being next in the firing line. 
02/03/2012 06:12 PMFrench Connection warns on profit again LONDON (Reuters) - British fashion group French Connection posted its second profit warning in less than three months on Friday, blaming poor trading in the key Christmas period. 
02/03/2012 03:50 PMEuro under systemic risk, but can't fail - ECB Costa LISBON (Reuters) - Failure of the euro is not an option but the euro zone needs to implement new measures decisively to reassure financial markets, ECB Governing Council member Carlos Costa said on Friday. 
02/03/2012 03:34 PMEU's Tajani backs business-friendly bank capital rules BRUSSELS/LONDON (Reuters) - The European Commission favours loosening onerous capital rules to make it easier for banks to lend to small businesses, one of its top officials said, reflecting a gradual push to tailor the new regime so that it does not choke a fragile economy. 
Copyright © 2004 - 2012 [Scopulus Limited]. All rights reserved. Terms of use Privacy Policy Directory Contact Search Site Map