Lululemon's status as yogawear's top dog at risk

RSS icon05:06am 16 April 2014

NEW YORK (Reuters) - Still hurting from its see-through yoga pants debacle last year, Lululemon Athletica Inc is about to face a new headache: stepped up competition from rival yoga retailers,...

U.S. watchdog warns about big banks' use of government-affiliated loans

RSS icon05:04am 16 April 2014

WASHINGTON (Reuters) - A U.S. government watchdog on Wednesday warned that big banks have dramatically boosted their borrowing from a federal housing finance program, a move that could pose risks to...

End of ‘currency wars’ in sight

RSS icon05:00am 16 April 2014

Policy shifts in China and Russia mean currencies buoyed by demand from forex reserve managers may trade at more reasonable prices

Asian shares offer muted cheer to China growth

RSS icon04:26am 16 April 2014

SYDNEY (Reuters) - Asian share markets were mostly in the black on Wednesday after China reported economic growth a touch above forecasts, a relief for investors who had feared a much weaker outcome...

BOJ Kuroda says watching stock price moves carefully

RSS icon04:25am 16 April 2014

TOKYO (Reuters) - Bank of Japan Governor Haruhiko Kuroda said on Wednesday that he did not think the central bank's extraordinary monetary stimulus was fuelling speculative moves in the market,...

China blames France's Veolia for supervision flaws in tap water pollution case

RSS icon04:23am 16 April 2014

BEIJING (Reuters) - China has blamed French utility Veolia Environnement for "supervision problems" in its water quality standards after authorities said a cancer-inducing chemical had been found in...

China economic growth slows to 18-month low in first-quarter

RSS icon03:54am 16 April 2014

BEIJING (Reuters) - China's economy grew at its slowest pace in 18 months in the first quarter of 2014, official data showed on Wednesday, with signs of waning momentum already prompting limited...

U.S. Fed should beef up low-rate vows, two officials say

RSS icon03:41am 16 April 2014

FARGO, North Dakota/BANGOR, Maine (Reuters) - The U.S. Federal Reserve ought not to raise interest rates until the economy is much closer to full strength, two of the Fed's most dovish policymakers...

China statistics bureau - first-quarter GDP growth still within targeted range

RSS icon03:39am 16 April 2014

BEIJING (Reuters) - China's economic growth in the first quarter was within range, and the employment situation remained stable and inflation under control, the statistics bureau said on Wednesday....

BOJ Kuroda maintains positive view on economy

RSS icon02:56am 16 April 2014

TOKYO (Reuters) - Bank of Japan Governor Haruhiko Kuroda on Wednesday affirmed its upbeat view of the economy, even as global financial markets wobble, stressing that growth will pick up around mid-...

China 'must allow currency to rise'

RSS icon02:28am 16 April 2014

The US tells China its currency must be allowed to rise if its own and the rest of the world's economy are to see stable growth.

Starbucks to relocate European headquarters to UK from Netherlands - The Times

RSS icon02:26am 16 April 2014

(Reuters) - Starbucks Corp said it decided to move its European headquarters to the United Kingdom from the Netherlands following criticism over its low tax payments in Britain last year, The Times...

After two bumper years, Toyota braces for shift to slower growth

RSS icon01:59am 16 April 2014

TOYOTA CITY, Japan/TOKYO (Reuters) - Toyota Motor Corp is set to post record growth for the year just ended - with a likely $10 billion (5 billion pounds) surge in operating profit - but the mood at...

Yahoo's growth anaemic as turnaround chugs along

RSS icon01:52am 16 April 2014

SAN FRANCISCO (Reuters) - Yahoo Inc again posted anaemic quarterly revenue growth as the Internet company's advertising business continues to lag its rivals, nearly two years into Chief Executive...

U.S. warns China its currency is still undervalued

RSS icon01:38am 16 April 2014

WASHINGTON (Reuters) - The Obama administration on Tuesday warned Beijing that its currency was too weak and expressed doubt over the Asian giant's resolve to let market forces guide the value of the...

VIDEO: China's reform could slow growth

RSS icon01:07am 16 April 2014

China's economic reform agenda could slow growth on the mainland, first quarter economic figures will be closely watched.

VIDEO: How steel highlights China weakness

RSS icon01:06am 16 April 2014

Oversupply and concerns about pollution are causing unprofitable steel plants to close - and that is putting a crimp into employment in China.

VIDEO: Singapore Airlines multi-path plan

RSS icon01:06am 16 April 2014

Singapore Airlines is planning a multi-path route to growth - adding partnership arrangements and sponsorship deals to boost its prospects.

UK inflation hits new four-year low, house prices continue rise

RSS icon12:45am 16 April 2014

LONDON (Reuters) - British inflation fell to its lowest in over four years in March, easing pressure on living standards and raising the prospect that prices may now be rising by less than wages for...

S&P moves closer to Geithner deposition

RSS icon12:23am 16 April 2014

Ratings agency attempts to prove government fraud case was launched in retaliation for its US credit downgrade

How 3D is changing the shape of lessons

RSS icon12:02am 16 April 2014

How 3D printing is changing the shape of lessons

Sweet or sour? Duping our taste buds

RSS icon12:00am 16 April 2014

Would this dessert taste different on a black plate?

Moelis IPO hit by market woes

RSS icon11:27pm 15 April 2014

Boutique bank founded by Wall Street veteran Ken Moelis raises $163m but investor concerns lead to cuts in the size and price of the offer

Yahoo's growth anaemic as turnaround chugs along

RSS icon11:22pm 15 April 2014

SAN FRANCISCO (Reuters) - Yahoo Inc barely managed to expand its core advertising business in the first quarter despite Chief Executive Marissa Mayer's two-year effort to revive growth at the...

BlackRock CEO Fink's pay totaled 13.6 million pounds in 2013

RSS icon11:01pm 15 April 2014

NEW YORK (Reuters) - BlackRock Inc , the world's largest money manager, paid Chief Executive Officer Laurence Fink $22.9 million (13.6 million pounds) in compensation last year, up 13.4 percent from...

Tesco investor calls for CEO to quit - FT

RSS icon10:57pm 15 April 2014

(Reuters) - Tesco Plc's chief executive, Philip Clarke, who is struggling to turn around Britain's biggest retailer, is facing calls to step down from a top shareholder, the Financial Times reported...

Apple cannot escape U.S. states' e-book antitrust cases - judge

RSS icon10:54pm 15 April 2014

NEW YORK (Reuters) - Apple Inc on Tuesday lost an attempt to dismiss lawsuits by state attorneys general accusing it of conspiring with five major publishers to fix e-book prices.
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Ukraine worries weigh on global shares, drive up bonds

RSS icon10:29pm 15 April 2014

NEW YORK (Reuters) - Global equity markets traded flat and government debt rose on Tuesday over rising tensions in Ukraine after Russia declared the country on the brink of civil war, though Wall...

China's economic growth forecast at five-year low in first-quarter

RSS icon10:06pm 15 April 2014

BEIJING (Reuters) - China is expected to report its slowest growth in five years on Wednesday, a Reuters poll shows, with signs of waning strength in the first quarter of 2014 already prompting...

Yahoo shares jump despite profit fall

RSS icon09:59pm 15 April 2014

Shares in the struggling internet search giant Yahoo surge 9%, despite first-quarter profits falling 20%.