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Thursday, September 9, 2010

Earnings boost stocks as euro rises

Posted by Reuters: Business News on July 28, 2010

LONDON (Reuters) – World stocks rose for the fifth day running on Wednesday as solid corporate earnings combined with easing fears about financial stability to boost investors appetite for riskier assets.



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BA cabin crew union rejects new pay offer

Posted by Reuters: Business News on July 20, 2010

LONDON (Reuters) – British Airways’ main cabin crew union, Unite, said on Tuesday its members had rejected a revised airline pay offer, in a long-running dispute over pay and staffing levels which has cost the carrier millions.



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AIG to pay $725 million to settle fraud case

Posted by Reuters: Business News on July 16, 2010

NEW YORK (Reuters) – American International Group Inc agreed to pay $725 million to settle a long-running securities fraud lawsuit led by three Ohio public pension funds, in one of the largest class action settlements in U.S. history.



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Growth outlook cut running into next year

Posted by Reuters: Business News on July 14, 2010

NEW YORK (Reuters) – Recent evidence the economic recovery may be slowing has prompted analysts to scale back their expectations for the pace of growth into next year, a Reuters poll showed.



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Gobal stocks down for 4th day

Posted by Reuters: Business News on July 5, 2010

LONDON (Reuters) – World stock prices fell for the fourth day running on Monday and the dollar traded close to two-month lows on growing concerns of slowdowns in the United States and China — the two main pillars of global growth.



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Stocks down for 4th day

Posted by Reuters: Business News on

LONDON (Reuters) – World equities fell for the fourth day running on Monday and the dollar traded close to two-month lows on growing concerns of slowdowns in the United States and China — the two main pillars of global growth.



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Robust U.S. data buoys dollar, stocks subdued

Posted by Reuters: Business News on May 4, 2010

SINGAPORE (Reuters) – The dollar rose on Tuesday as U.S. data showed factories running at their fastest pace in nearly six years, but stocks gains were reined in by worries about Greece’s bailout and China’s policy tightening.



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Geithner: pact agreed on World Bank capital rise

Posted by Reuters: Business News on April 25, 2010

WASHINGTON (Reuters) – World Bank members have agreed to pour more capital into the lender and give developing countries a greater voice in running the bank, Treasury Secretary Timothy Geithner said on Sunday.



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Google to build superfast network to experiment

Posted by Reuters: Business News on February 10, 2010

SAN FRANCISCO (Reuters) – Google Inc said on Wednesday it would build a super high-speed broadband network for up to half a million people in order to experiment with the possibilities of a network running at 100 times current speeds.


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BofA moves CFO to retail bank post in reshuffling

Posted by Reuters: Business News on January 13, 2010

CHARLOTTE, North Carolina (Reuters) – Bank of America Corp said on Tuesday it would shift its chief financial officer to a job running its retail operations and seek a replacement CFO, one of several moves by new Chief Executive Brian Moynihan to put his imprint on the bank.


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