Business

  • Stocks drop as economy put brakes on stock rally
    086e1_69380217 2013-01-31 00:36:57 UTC
    NEW YORK (AP) — Worries about the economy have slowed a January stock rally. After a month of impressive gains that brought the Dow within 200 points of a record, the markets have paused this week. Stocks started the day lower Wednesday...
  • U.S. politics clash with reality over China currency
    China 2012-04-13 22:39:50 UTC
    WASHINGTON (Reuters) - The United States was keeping a wary eye on North Korea after the reclusive state's unsuccessful launch of a long-range rocket, and President Barack Obama said on Friday that Pyongyang faced further isolation if it kept defy...
  • GM Uzbekistan 22 per cent decrease in car sales in Russia
    C150ce81f128 2012-04-13 17:18:37 UTC
    GM Uzbekistan JV sold 14,092 cars in Russia in January-March 2012, or 22.4 per cent less compared to the same period of 2011, the Automobile Manufacturers Committee of the Association of European Businesses said on Wednesday. In particular, 844...
  • Ocampo to withdraw from World Bank race:sources
    World_bank 2012-04-13 16:25:25 UTC
    WASHINGTON/BRASILIA (Reuters) - Former Colombian finance minister Jose Antonio Ocampo is set to withdraw his nomination for the World Bank presidency on Friday in an agreement among emerging and developing countries to coalesce around one nominee,...
  • Wall Street rallies as global fears ebb, Google up late
    R 2012-04-13 01:09:01 UTC
    NEW YORK (Reuters) - U.S. stocks scored a second day of solid gains on Thursday, led by materials and energy stocks, as investors set aside weak figures on the domestic labor market. Rumors about strong growth figures due overnight from China h...
  • U.S. proposes brake override for all passenger autos
    Screen_shot_2012-04-12_at_1.15.53_pm 2012-04-12 20:13:33 UTC
    (Reuters) - U.S. auto safety regulators on Thursday announced a proposal that would require brake override systems on all new passenger cars and trucks, likely by the 2015 model year. The U.S. Department of Transportation safety regulation arm ...
  • Jobless claims cast cloud on labor market
    Screen_shot_2012-04-12_at_10.32.26_am 2012-04-12 17:28:31 UTC
    WASHINGTON (Reuters) - The number of Americans filing for jobless aid hit a two-month high last week and more applications were received in the prior week than initially reported, suggesting a cooling in the labor market recovery. Initial claim...
  • Big banks face $638 billion shortfall on new rules
    Basel_3 2012-04-12 17:04:33 UTC
    LONDON/ZURICH (Reuters) - The world's biggest banks would have needed to find more than $600 billion if tough new capital rules to be phased in from 2013 had been in place last year. The Basel Committee of global regulators said if the new rule...
  • Roche Q1 sales solid as Illumina bid battle rages
    Images 2012-04-12 16:19:40 UTC
    ZURICH (Reuters) - Swiss drugmaker Roche said it would have to rethink its tactics if shareholders of reluctant U.S. bid target Illumina did not back its approach as it reported strong first-quarter pharmaceutical sales helped by top cancer drugs....
  • Targeting the mobile market
    120409_instagram_hmed_1147p.photoblog500 2012-04-11 20:15:45 UTC
    NEW YORK (Reuters) - It's not often that a two-year-old start-up becomes a $1 billion company. Yet Instagram, a popular smartphone application that allows users to tweak photos and share them with their friends, was paid that by Facebook Inc in...
  • Treasury bond prices drop as investors take profits
    6a00d8341c630a53ef0153929503bd970b-600wi 2012-04-11 16:39:51 UTC
    NEW YORK (Reuters) - Treasury debt prices fell on Wednesday as investors took profits on the previous day's gains and worked to cheapen prices ahead of a debt sale later in the afternoon. Investors were also taking cues from weaker European deb...
  • Troubled euro zone states most at risk from high oil
    Oil 2012-04-11 07:19:26 UTC
    BRUSSELS (Reuters) - Oil prices at record levels in euro terms are threatening to rock the euro zone's economy more than might be expected, with those countries least capable of riding out a shock being the worst hit. Standard estimates of the ...
  • Japan ship insurer sets new rules on Iran oil voyages
    Oil_tanker_in_japan 2012-04-11 06:32:54 UTC
    TOKYO (Reuters) - Ship owners covered by Japan P&I club must alert the maritime insurer in advance of any plans to transport Iranian oil and petrochemicals that could fall foul of Western sanctions, the insurer said. The United States and Europ...
  • Wireless carriers to create database to fight phone theft
    Original 2012-04-10 05:15:39 UTC
    WASHINGTON (Reuters) - Wireless carriers representing 90 percent of subscribers will on Tuesday announce the creation of a database of unique cell phone IDs to help prevent theft and reactivation of stolen or lost devices, which often contain sens...
  • Facebook to buy Instagram for $1 billion
    120409_instagram_hmed_1147p.photoblog500 2012-04-10 04:56:18 UTC
    SAN FRANCISCO (Reuters) - Facebook will pay $1 billion in cash and stock for Instagram, a 2-year-old photo-sharing application developer, in its largest-ever acquisition just months before the No. 1 social media website is expected to go public. ...
  • Chevron finds leak in offshore Petrobras oil field
    Brazil-oil-leak-unrelated-to-frades-production-chevron-says 2012-04-10 04:31:40 UTC
    RIO DE JANEIRO (Reuters) - U.S. oil company Chevron discovered an oil seep in an offshore Brazilian oil field run by Petrobras near the site of a November leak that led to civil and criminal charges and sparked concerns about some of the world's m...
  • Monitor begins work overseeing mortgage pact
    Untitled 2012-04-10 04:16:31 UTC
    (Reuters) - The man charged with making sure banks comply with a $25 billion mortgage settlement has a website, one employee and subleased space in a Raleigh, North Carolina, office tower. But after a judge's approval of the pact last week, Joe...
  • Iran confirms oil exports’ drop
    640x392_52713_186800 2012-04-10 03:21:08 UTC
    Iranian oil ministry's official confirmed oil exports' decline because of the West sanctions over Iranian oil purchase and banking system. Director of international affairs for the National Iranian Oil Company, Mohsen Ghamsari, told Iranian Sha...
  • Skilled-Worker Visas See a Surge in Demand
    Screen_shot_2012-04-09_at_8.14.17_pm 2012-04-10 03:06:49 UTC
    Wall Street Journal- In a sign of the improving economy, the U.S. government saw a sharp rise in petitions for skilled-foreign-worker visas during the first week of this year's application season. The U.S. Citizenship and Immigration Services has...
  • Brazil complains to Obama about monetary policy
    Thecall_18 2012-04-10 01:13:33 UTC
    WASHINGTON (Reuters) - Brazilian President Dilma Rousseff complained about U.S. monetary policy and expressed concern that sanctions against Iran could backfire in a meeting with President Barack Obama on Monday, highlighting strains between the W...
  • The "Barbaric" Turkish Strikes Against US-Backed YPG Fighters
    Screen_shot_2012-04-08_at_12.45.31_am 2017-04-25 16:00:06 UTC
    Syria — The air Turkish strikes in Syria targeted the YPG - a key component of the Syrian Democratic Forces (SDF), which are backed by the United States and have been closing in on ISIS the "Islamic State" bastion of Raqqa. The Turkish raids sh...
  • French election 2017 LIVE updates:
    L-r-_washington_state_attorney_general_bob_ferguson 2017-04-23 06:18:05 UTC
    PARIS — France goes to the polls on Sunday for the first round of a bitterly fought presidential election, crucial to the future of Europe and a closely-watched test of voters' anger with the political establishment. Nearly 47 million voters wi...
  • EU sent inspectors to examine Spain deficit figures
    Gunfire_erupted_inside_a_packed_nightclub_in_cincinnati__ohio 2012-03-13 17:10:08 UTC
    Inspectors from the European Commission have been in Spain to evaluate its 2011 budget deficit after the numbers came in much higher than expected, the EU executive said on Friday. Spain said at the end of February that its budget deficit was 8....
  • How the U.S. is using terrorists' smartphones and laptops to defeat them
    Michael_flynn_pleads_guilty__wants_cooperating_in_russia_probe 2018-02-04 04:58:15 UTC
    BETHESDA, Md. – Smartphones helped terror organizations grow and communicate. Now the devices are contributing to their downfall. In a nondescript, highly secured building in this Washington suburb, a group of U.S. government technicians and l...