Posted by Reuters: Business News on February 7, 2012
ZURICH (Reuters) – Swiss bank UBS posted a loss at its investment bank and warned that the unit’s poor performance would also affect first-quarter results as the euro zone debt crisis and worries about the health of the U.S. economy hurt business.
Posted by Reuters: Business News on February 6, 2012
(Reuters) – KFC parent Yum Brands Inc reported fourth-quarter earnings that topped Wall Street’s view after accelerating sales and operating profit at established restaurants in China helped ease worries that growth in its top market was slowing.
Posted by Reuters: Business News on
NEW YORK (Reuters) – Stock index futures fell on Monday, indicating the benchmark S&P 500 index could pull back after a five-week rally on concerns Greece will be unable to avoid a chaotic default as it tries to reach terms on a new bailout package.
Posted by Reuters: Business News on
TOKYO (Reuters) – Asian shares rose on Monday as surprisingly robust U.S. jobs data bolstered investors’ risk appetite, but the euro sagged on worries over a lack of progress in Greek debt restructuring talks which are vital to containing the euro zone crisis.
Posted by Reuters: Business News on January 31, 2012
TOKYO (Reuters) – Asian shares and the euro rose on Tuesday after Greek Prime Minister Lucas Papademos raised hopes that a deal would be reached this week to avoid a potentially chaotic debt default, but worries over Portugal’s refinancing ability capped gains.
Posted by Reuters: Business News on January 27, 2012
TOKYO (Reuters) – Japan’s core consumer prices fell for the third consecutive month in the year to December, and mild deflation is expected to persist this year as energy prices stabilize and worries about Europe’s debt crisis suppress wage growth and economic activity.
Posted by Reuters: Business News on January 25, 2012
LONDON (Reuters) – European shares and the single currency held firm on Wednesday as investor focus switched to the broader economic outlook and some strong results from leading U.S. companies, and away from worries about the stalemate in Greek debt talks.
Posted by Reuters: Business News on January 18, 2012
NEW YORK (Reuters) – Stocks jumped to their highest since July on Wednesday as the International Monetary Fund sought to help countries hit by the European debt crisis, while forecast-beating earnings from Goldman Sachs dispelled some worries over bank profits.
Posted by Reuters: Business News on
NEW YORK (Reuters) – Stocks jumped to their highest since July on Wednesday as the International Monetary Fund sought to help countries hit by the European debt crisis, while forecast-beating earnings from Goldman Sachs dispelled some worries over bank profits.
Posted by Reuters: Business News on January 16, 2012
FRANKFURT (Reuters) – Commercial banks parked almost half a trillion euros at the European Central Bank, the highest on record, as the mix of debt crisis worries and a recent giant injection of ECB cash left banks awash with money but too scared to lend it.
