After Harvard, future is uncertain for Bo's son
2012-04-14 01:00:43 UTC
CAMBRIDGE, Mass./BEIJING/LONDON (Reuters) - Bo Guagua, a 24-year-old descendant of Chinese Communist royalty, seemed destined to one day become a rich and powerful businessman in an economy that in his lifetime would become the world's largest.
His pedigree, elite schooling, easy confidence an...
Colombia's Ocampo withdraws from World Bank challenge
2012-04-13 22:07:04 UTC
WASHINGTON (Reuters) - Former Colombian finance minister Jose Antonio Ocampo said Friday he was withdrawing his candidacy for World Bank president to allow developing nations to rally behind a single nominee to challenge the United States for the job.
Ocampo said Nigerian Finance Minister Ngoz...
Ocampo to withdraw from World Bank race:sources
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, three sources said.
Nigerian Finance Minister ...
Wall Street rallies as global fears ebb, Google up late
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 helped wash away some of the worries that hit stock...
Roche Q1 sales solid as Illumina bid battle rages
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.
Genetics specialist Illumina has rejected Roch...
Stronger demand in Europe boosts global PC demand
2012-04-11 22:15:18 UTC
(Reuters) - Global PC shipments increased in the first quarter of 2012 as demand in Europe, Middle East and Africa was stronger than forecast on the back of robust demand by business, according to the research firm Gartner.
The results exceeded Gartner's earlier projections of a 1.2 percent de...
Troubled euro zone states most at risk from high 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 impact of oil prices on the euro zone economy are ...
Sony sees record $6.4 billion loss on tax hit
2012-04-10 19:08:01 UTC
TOKYO (Reuters) - Japan's Sony Corp flagged a record $6.4 billion annual net loss, double an earlier forecast and a fourth straight year of red ink, as it writes off deferred tax credits, heaping more pressure on its new CEO to turn around the electronics giant.
Sony, which plans to axe 10,000...
U.S. should lead to end World Bank tradition: Nigerian finance minister
2012-04-10 02:42:52 UTC
WASHINGTON (Reuters) - The United States should take the lead and break the long tradition of an American always heading the World Bank, Nigerian finance minister and a nominee for the top post Ngozi Okonjo-Iweala said on Monday.
Speaking after a "marathon" three-and-a-half-hour interview by t...
Poll: Greek pro-bailout parties recover as vote nears
2012-04-08 07:50:36 UTC
ATHENS (Reuters) - The two main parties backing Greece's EU/IMF bailout are recovering some popularity as a general election nears, an opinion poll showed on Saturday.
Support for the conservative New Democracy and the Socialist PASOK now reaches a combined 40 percent from 26 percent in Februa...
California: Earthquake Rattles East Bay
2017-06-21 21:59:06 UTC
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<strong>Bay Area</strong> — Dozens of residents of El Cerrito, Berkeley, Albany, El Sobrante, Richmond reported feeling the earthquake. It was also felt in San Francisco, an...
Pray For Manchester
2017-05-23 17:07:23 UTC
Parents go online to find their children after UK attack</h2>
By Michael Holden and Jon Super | </i>MANCHESTER, ENGLAND — Desperate parents and friends posted heart-wrenching messages and pictures on social media in the search for their loved ones on Tuesday after a s...
Mike Flynn Seeks Immunity To Testify
2017-03-31 03:01:29 UTC
<blockquote><h2>Former national security adviser may know details of Russia ties</h2>
<h3>President Donald Trump’s former national security adviser Michael Flynn is reportedly willing to testify about the Trump team’s ties with Russia in exchange for immunity from prosecution.</h3>
Romney criticizes Biden on consulate attack
2012-10-13 04:17:53 UTC
RICHMOND, Va. (AP) — Broadening his attack on administration foreign policy, Mitt Romney accused Vice President Joe Biden on Friday of "doubling down on denial" in a dispute over security at a diplomatic post in Libya that was overrun by terrorists who killed the U.S. ambassador and three other A...
EU sent inspectors to examine Spain deficit figures
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 8.5 percent last year, far above the Commission's ex...