Category Archives: Americas
The landmine that could explode BP’s $7.8 billion deal
(Reuters) – BP Plc (BP.L) appears to be well on its way to concluding an estimated $7.8 billion settlement to resolve most of its civil liability from the Gulf of Mexico oil spill. But a … continue…
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China eschews fiscal fanfare for supportive spending
(Reuters) – China’s focus on fine-tuning monetary and fiscal policies to fight the risk of a sudden economic slide worries investors pricing in a sixth successive quarter of slowing growth with no obvious sign of … continue…
G8 growth talk leaves wary markets awaiting action
(Reuters) – A pledge by leaders of industrialized nations to help the troubled world economy is unlikely to herald quick new action by Europe on its debt crisis, meaning more uncertainty for nervous financial markets. … continue…
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China’s Wen urges more support for
(Reuters) – China’s premier called for additional efforts to support growth on Sunday, signaling Beijing’s willingness to take action after a recent series of economic indicators suggested that the world’s second-biggest economy will slow further … continue…
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Morgan Stanley made big bet on Facebook
(Reuters) – Lead Facebook Inc (FB.O) underwriter Morgan Stanley (MS.N) took a bet earlier this week when it increased the size of the social networking firm’s $16 billion initial public offering and it boosted the … continue…
Historic Facebook debut falls flat
(Reuters) – The historic initial public offering of Facebook Inc did not go as planned on Friday, as the social networking company’s sky-high valuation combined with trading glitches left the stock languishing near its offering … continue…
Investors brace for Facebook debut on Wall Street
(Reuters) – Investors are bracing for Facebook’s Wall Street debut on Friday after the world’s No.1 online social network raised about $16 billion in one of the biggest initial public offerings in U.S. history. Valued … continue…
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GE aims to double China JVs to around 56 in five years
(Reuters) – General Electric Co (GE.N) aims to double the number of joint ventures it has in China from the current 28 in roughly five years, its vice-chairman said on Friday. John Rice, who is … continue…
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Anxious investors send S&P lower for fifth day
(Reuters) – U.S. stocks hit a four-month low on Thursday as rising Spanish bond yields increased investor anxiety over that country’s banks and another round of weak data undermined hopes for U.S. economic recovery. Growing … continue…
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Foreclosed Americans find way back to homeownership
(Reuters) – When Jennifer Anderson’s family could no longer afford their mortgage and lost their home, she expected many years to pass before they would again become property owners. But less than two years later, … continue…
