Category Archives: Americas
Wall Street ticks down ahead of election
(Reuters) – Stocks slipped in low volume on Monday as traders awaited Tuesday’s U.S. election to place bets on sectors seen performing better under one or the other political party. Democratic President Barack Obama and … continue…
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G20 flags U.S. fiscal cliff, Europe’s debt woes
(Reuters) – Finance chiefs of the world’s 20 leading economies are ringing alarm bells over the U.S. fiscal cliff and Europe’s debt woes at a meeting in Mexico this weekend as they look to push … continue…
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StanChart shares tumble on Iranian dealings
(Reuters) – Standard Chartered Plc’s shares fell as much as 20 percent on Tuesday after New York’s top bank regulator threatened to remove its state banking license, saying the British lender hid $250 billion in … continue…
Spyker sues GM for over $3 billion on Saab bankruptcy
(Reuters) – Dutch sportscar maker Spyker NV (SPYKR.AS) is suing General Motors Co (GM.N) for more than $3 billion on behalf of its subsidiary Saab, accusing the U.S. automaker of deliberately bankrupting the Swedish group … continue…
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Fed to signal more easing but stop short of big steps
(Reuters) – The Federal Reserve is likely to show on Wednesday that it is ready to act against a weakening economy but stop short of aggressive measures for now. Economists say the central bank could … continue…
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The worlds most effective translation service is now online
The LowCostTranslator the low cost high service initiative from the Swiss The Translator Group is now online in 5 countries including the US. Before end of year 35 local websites will be rolled our providing … continue…
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PepsiCo keeps 2012 view as turnaround progresses
(Reuters) – PepsiCo Inc (PEP.N) reported a higher-than-expected quarterly profit on Wednesday, helped by price increases, and stood by its full-year outlook as the company makes progress on its turnaround. That the maker of Diet … continue…
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New home sales tumble, but upward trend intact
(Reuters) – New home sales recorded their biggest drop in more than a year in June and prices resumed their downward trend, dealing a setback for the budding housing market recovery. Single family home sales … continue…
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May consumer sentiment highest in more than four years
(Reuters) – Consumer sentiment rose to its highest level in more than four years in May as Americans stayed optimistic about the job market, while higher income households expected to see bigger wage increases, a … continue…
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Morgan Stanley cut Facebook estimates just before IPO
(Reuters) – In the run-up to Facebook’s $16 billion IPO, Morgan Stanley, the lead underwriter on the deal, unexpectedly delivered some negative news to major clients: The bank’s consumer Internet analyst, Scott Devitt, was reducing … continue…
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