Data, Fed to test if rally has legs
12:46 am
By Leah Schnurr NEW YORK (Reuters) - Investors will try to tack another leg on to the year-long U.S.
09:33 pm | * Analysts expected 1.3 pct, private surveys much higher * February figures take 12-month inflation to 9.1 pct (Adds analyst, details) By Walter Brandimarte BUENOS AIRES, March...
March 12 2010 / No comment / Read More »10:28 am | SHANGHAI, March 13 (Reuters) - Talks with China over censorship have reached an apparent impasse and Google, the world's largest search engine, is now "99.9 percent" certain to shut...
March 13 2010 / No comment / Read More »09:43 am | BRUSSELS, March 13 (Reuters) - The euro zone has not agreed a deal on financial support for heavily indebted Greece, but technical work is continuing and the Commission stands...
March 13 2010 / No comment / Read More »09:41 am | LIBREVILLE, March 13 (Reuters) - Gabon's main oil industry trade union has agreed to suspend strike plans and open negotiations with the government over labour regulations governing the sector,...
March 13 2010 / No comment / Read More »07:56 am | SHANGHAI, March 13 (Reuters) - Shanghai GM, a venture between General Motors Corp [GM.UL] and China's SAIC Motor Corp (600104.SS: Quote , Profile , Research ), is recalling 2,065...
March 13 2010 / No comment / Read More »12:46 am | By Leah Schnurr NEW YORK (Reuters) - Investors will try to tack another leg on to the year-long U.S. stock rally, looking to next week's economic data and statement from the central bank for evidence the recovery is still on track. After tumbling during the fourth-quarter earnings season, the S&P 500 has climbed back to its mid-January levels, racking up a 17-month high earlier this week...
March 13 2010 / No comment / Read More »10:28 am | SHANGHAI, March 13 (Reuters) - Talks with China over censorship have reached an apparent impasse and Google, the world's largest search engine, is now "99.9 percent" certain to shut its Chinese search engine, the Financial Times said on Saturday. It said in a report on its website Google (GOOG.O: Quote , Profile , Research ) had drawn up detailed plans for closing its Chinese search engine. The newspaper cited a person familiar with the company's thinking as saying that, while a decision could be made very soon, Google was likely to take some time to follow through with its plans. ...
March 13 2010 / No comment / Read More »03:07 pm | ZURICH, March 13 (Reuters) - The chief executive of Swisscom AG (SCMN.VX: Quote , Profile , Research ) said Fastweb (FWB.MI: Quote , Profile , Research ) was a victim of fraud, a Swiss paper reported on Saturday, the second time the CEO has come out in defence of his company's subsidiary. ...
March 13 2010 / No comment / Read More »09:33 pm | * Analysts expected 1.3 pct, private surveys much higher * February figures take 12-month inflation to 9.1 pct (Adds analyst, details) By Walter Brandimarte BUENOS AIRES, March 12 (Reuters) - Soaring food prices pushed Argentine inflation to a near four-year high of 1.2 percent in February, which could fuel demand for wage increases and further hurt President Cristina Fernandez's popularity. The data released on Friday by the INDEC national statistics agency compared with a rate of 1.0 percent in January and took 12-month inflation to 9.1 percent. The result was slightly below the median forecast of 1.3 percent in a Reuters poll of seven economists, and less than half the 2.9 percent that private forecasters consider the actual rate for the month. ...
March 12 2010 / No comment / Read More »01:14 pm | ZURICH (Reuters) - UBS (UBSN.VX: Quote , Profile , Research ) is considering possibly returning to its commodities business this year, some of which it sold during the financial crisis, a Swiss newspaper said on Saturday, citing the co-head of UBS's investment bank. According to the Neue Zuercher Zeitung, which gave no direct quotes, Co-Chief Executive Carsten Kengeter said UBS was about two thirds of the way to reconstituting its fixed income, currencies and commodities (FICC) business...
March 13 2010 / No comment / Read More »03:07 pm | ZURICH, March 13 (Reuters) - The chief executive of Swisscom AG (SCMN.VX: Quote , Profile , Research ) said Fastweb (FWB.MI: Quote , Profile , Research ) was a victim of fraud, a Swiss paper reported on Saturday, the second time the CEO has come out in defence of his company's subsidiary. ...
01:32 pm | By Jan Strupczewski BRUSSELS, March 13 (Reuters) - Euro zone finance ministers are likely to agree on Monday on the principles and parameters of financial help to Greece, if...
March 13 2010 / No comment / Read More »01:04 pm | * UBS reviving fixed income, currencies, commodities-paper * Since early 2010 UBS back in CDOs, etc. -paper * Swiss bank may hire 100-300 specialists-paper ZURICH, March 13 (Reuters) -...
March 13 2010 / No comment / Read More »01:02 pm | KUWAIT (Reuters) - Kuwait's Investment Dar (TIDK.KW: Quote , Profile , Research ), which owns half of British carmaker Aston Martin, is applying for support under a government facility...
11:52 am | (Reuters) - U.S. Middle East envoy George Mitchell returns to the region next week to try to salvage indirect peace talks between Israel and the Palestinians...
01:14 pm | ZURICH (Reuters) - UBS (UBSN.VX: Quote , Profile , Research ) is considering possibly returning to its commodities business this year, some of which it sold during the financial crisis, a Swiss newspaper said on Saturday, citing the co-head of UBS's investment bank. According to the Neue Zuercher Zeitung, which gave no direct quotes, Co-Chief Executive Carsten Kengeter said UBS was about two thirds of the way to reconstituting its fixed income, currencies and commodities (FICC) business...