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Through Ryan Vlastelica NEW YORK (Reuters) – Main stock indexes have by no means been better – and yet that's rarely scaring people. Stocks have soared in 2013, with the Dow climbing nearly 11 % to hit a series of recent all-time highs whereas the S&P 500 has jumped 9.4 […]
By Andrew Callus (Reuters) – BP launched its promised enchantment towards "fictitious" and "absurd" oil spill compensation payouts on Friday and asked a judge to briefly halt to those made on a so-called industry financial loss foundation. In a New Orleans court docket filing, BP gave examples of companies in […]
By way of Lucia Mutikani WASHINGTON (Reuters) – U.S. manufacturing output bounced back in February in the newest signal of strength in an financial system that’s displaying clear momentum regardless of the headwind from government austerity. Whereas other studies on Friday confirmed a surge in gas prices brought about a […]
BEIJING (Reuters) – China will doubtless appoint savvy global dealmakers to run its large sovereign wealth fund and Commerce Ministry in a gentle power push to appease fears over a planned spending spree to boost Beijing's ownership of strategic world assets. Securities regulator Guo Shuqing is tipped to take the […]
SAN FRANCISCO/NEW YORK (Reuters) – Intel's subsequent CEO is more likely to shepherd the highest chipmaker right into a growing contract-manufacturing industry, a strategic shift that could lead to a care for Apple Inc and give it a combating chance to make inroads in the mobile enviornment. Manufacturing chips on […]
MILAN (Reuters) – The spokesman of Monte Paschi di Siena discovered dead on Wednesday was once below drive over an investigation into alleged corruption and fraud that has rocked the sector's oldest financial institution, journalists who knew him said. David Rossi, born in 1961, used to be discovered lifeless on […]
TOKYO (Reuters) – Asian shares mostly fell after two robust days of good points on Thursday, with investors focusing on meetings of the crucial banks of Britain and the euro zone for signs of more policy stimulus after the Bank of Japan stored policy on grasp. Japan's Nikkei stock reasonable […]
WILMINGTON, Del (Reuters) – Bankrupt telecoms equipment large Nortel Networks once boasted of a worldwide operation, however now its former world-vast devices are squaring off over its final remaining asset: $9 billion in cash. Two judges, one in Wilmington, Delaware, and the opposite in Toronto, will jointly hear arguments on […]
(Reuters) – Walgreen Co is getting behind the "green" part of its name, because it objectives to build what it believes would be the first retailer in america to provide at the least as much vitality because it consumes. The biggest U.S. drugstore chain is preparing to construct the "internet […]
HONG KONG (Reuters) – Exxon Mobil Corp has launched an public sale to promote up to $2 billion price of shares in a Hong Kong power challenge after a 12 months-long effort to offload its conserving to its companion yielded no consequence, sources conversant in the matter mentioned. The arena's […]
WASHINGTON (Reuters) – The Nationwide Transportation Safety Board will difficulty an "meantime factual record" at 11 a.m. ET Thursday on its investigation into a battery fireplace aboard a Japan Airlines Boeing 787 Dreamliner plane on January 7. The ideas will likely be "factual in nature and does no longer provide […]
TOKYO (Reuters) – The Financial institution of Japan kept monetary coverage unchanged on Thursday, maintaining fireplace to wait for new leaders who are anticipated to usher in bolder measures to take a look at to end nearly twenty years of gentle deflation. The end result was once by way of […]
WASHINGTON (Reuters) – The head of Pratt & Whitney's militia engine industry mentioned on Wednesday that using down the cost of the F-35 fighter jet was "burned in our mind," however cuts sparked by U.S. budget woes may sluggish the hassle. Bennett Croswell, president of Pratt & Whitney Militia Engines, […]
NEW YORK (Reuters) – House satellite tv for pc TV provider DISH Community Corp has signed a deal to run 200 of its vehicles on propane, in the newest indication that the niche fuel could quickly rival pure fuel as the United States' low-cost transport various. As soon as considered […]
FLORENCE (Reuters) – The spokesman of Monte Paschi di Siena, the Italian bank on the middle of an investigation into alleged corruption and fraud, used to be found lifeless at the bank's Siena headquarters, a judicial supply and a banking supply advised Reuters on Wednesday. David Rossi was once the […]
