Posted by Reuters: Business News on January 24, 2012
TOKYO (Reuters) – Japan probably produced its first trade deficit last year in more than three decades as energy imports surged to cover for the loss of nuclear power following the Fukushima disaster, a major blow to an economy built on its exports prowess.
Posted by Reuters: Business News on January 20, 2012
DETROIT/TOKYO (Reuters) – General Motors Co regained its title as the world’s top-selling automaker from Japanese rival Toyota Motor Corp in 2011, but the U.S. company faces a challenge to stay on top this year as Toyota rebuilds its disaster-struck business.
Posted by Reuters: Business News on January 16, 2012
LONDON (Reuters) – The cruise ship industry faces an uphill task to restore confidence among customers spooked by spectacular images of the stricken Costa Concordia flipped on its side and could suffer a major hit to sales in a key booking period.
Posted by Reuters: Business News on January 12, 2012
NEW YORK/WASHINGTON (Reuters) – The May 2010 “flash crash” was bad for almost everyone involved in the stock market, but for the Securities and Exchange Commission, it was a disaster.
Posted by Reuters: Business News on November 23, 2011
LONDON (Reuters) – A “disastrous” sale of German benchmark bonds sparked fears on Wednesday the debt crisis was beginning to threaten even Berlin, with the Bundesbank forced to dig deep into its pockets to ensure the auction did not fail.
Posted by Reuters: Business News on October 25, 2011
LONDON (Reuters) – BP has turned a corner after the Gulf of Mexico disaster, its chief executive said on Tuesday, predicting the British oil firm would now return to output and cashflow growth and rejecting calls for a fundamental restructuring of the group.
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Posted by Reuters: Business News on September 29, 2011
BERLIN (Reuters) – Following a now-familiar script, Europe again averted disaster in its debt crisis when German deputies rallied behind Chancellor Angela Merkel to approve a stronger euro zone bailout fund on Thursday.
Posted by admin on September 8, 2011
Tony Hayward, the former CEO of BP banished following the Deepwater Horizon disaster in the Gulf of …
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Posted by Reuters: Business News on August 2, 2011
TOKYO (Reuters) – Toyota Motor Corp slumped to its first quarterly loss in two years after the March 11 disaster virtually halted production, and the Japanese auto giant warned the stronger yen was hobbling it in the battle against South Korean rivals.
Posted by Reuters: Business News on June 29, 2011
TOKYO (Reuters) – Japanese factory output jumped by the most in almost 60 years in May as manufacturers restore supply chains damaged by the massive earthquake and tsunami in March, the latest evidence the economy is headed for a “V-shaped” recovery from the disaster.
