US debt talks grind on amid disarray
07:23am 16 October 2013
Frantic political attempts to avert a US federal debt default pivot back to the Senate, as plans in the House of Representatives collapse.
Union calls off Grangemouth strike
07:06am 16 October 2013
The Unite union calls off a planned strike at the Grangemouth oil refinery and petrochemical plant after through-the-night talks with site operator Ineos.
China banks pry open Hong Kong IPO window
07:04am 16 October 2013
Three midsized Chinese lenders plan to raise money in Hong Kong as better economic data and shift in investment pry open listings window shut since June
VIDEO: US restarts talks to prevent default
07:01am 16 October 2013
Leaders in the US Senate have restarted talks in an effort to come to an agreement to prevent the US government from defaulting on its payments, and to end the government shutdown.
VIDEO: US restarts talks to prevent default
07:01am 16 October 2013
Leaders in the US Senate have restarted talks in an effort to come to an agreement to prevent the US government from defaulting on its payments, and to end the government shutdown.
High hopes for private banking in Japan
06:08am 16 October 2013
Industry has struggled to take off in spite of Japan’s abundant wealth, but ‘Abenomics’ is encouraging a shift in conservative investor mindset
Indonesia trio buy Inter Milan stake
04:48am 16 October 2013
Italian football club Inter Milan becomes the latest European club to be taken over by foreign investors.
Indonesia trio buy Inter Milan stake
04:48am 16 October 2013
Italian football club Inter Milan becomes the latest European club to be taken over by foreign investors.
Intel delays production of new chip
02:44am 16 October 2013
Intel, the world's biggest computer chip maker, says the production of its next-generation PC chip, Broadwell, will be delayed by a quarter.
Intel delays production of new chip
02:44am 16 October 2013
Intel, the world's biggest computer chip maker, says the production of its next-generation PC chip, Broadwell, will be delayed by a quarter.
Royal Mail likely to face strike
02:18am 16 October 2013
Polling by the Communication Workers Union suggests there will be an overwhelming vote for strikes by Royal Mail staff.
Royal Mail likely to face strike
02:18am 16 October 2013
Polling by the Communication Workers Union suggests there will be an overwhelming vote for strikes by Royal Mail staff.
Numbers relying on food banks triple
01:51am 16 October 2013
The number of people relying on food banks to survive has tripled over the last year, according to figures from the Trussell Trust.
Yahoo to keep larger Alibaba stake
01:13am 16 October 2013
Yahoo plans to retain a bigger part of its stake in Chinese online retailer Alibaba and reports a slight fall in sales.
Yahoo to keep larger Alibaba stake
01:13am 16 October 2013
Yahoo plans to retain a bigger part of its stake in Chinese online retailer Alibaba and reports a slight fall in sales.
Asia’s parents suffering 'education fever'
12:23am 16 October 2013
'Tiger parents' paying a high price
Nepalese airline taking off
12:04am 16 October 2013
How a first-time businessman set up a private airline in Nepal
Nepalese airline taking off
12:04am 16 October 2013
How a first-time businessman set up a private airline in Nepal
Hedge funds target Puerto Rico debt
11:18pm 15 October 2013
‘Crossover’ investors are betting prices have fallen enough for them to benefit whether island recovers from recession or has to restructure debt
Hedge funds target Puerto Rico debt
11:18pm 15 October 2013
‘Crossover’ investors are betting prices have fallen enough for them to benefit whether island recovers from recession or has to restructure debt
Woodford departure will hit Invesco hard
10:46pm 15 October 2013
Star fund manager built his reputation as an acute stockpicker who often took large bets on small companies and held his investments for the long term
Apple bets on Burberry chief to burnish retail shine
10:40pm 15 October 2013
SAN FRANCISCO/LONDON (Reuters) - Burberry CEO Angela Ahrendts rebuilt the British luxury brand after excessive exposure of its trademark chequered pattern alienated wealthy clientele. Her approach...
Twitter to list on NYSE, more than doubles quarterly revenue
10:35pm 15 October 2013
SAN FRANCISCO (Reuters) - Social networking website Twitter Inc, which said on Tuesday it would list its initial public offering on the New York Stock Exchange, more than doubled its third quarter...
Fitch warns it may cut U.S. credit rating from AAA
10:22pm 15 October 2013
NEW YORK (Reuters) - Fitch Ratings warned on Tuesday it could cut the sovereign credit rating of the United States from AAA citing the political brinkmanship over raising the federal debt ceiling....
Bad fiscal policy, politics are a threat - central bankers
10:20pm 15 October 2013
MEXICO CITY (Reuters) - Fiscal policy and politics risk undermining the efforts of central bankers to revive the global economy, top central bank officials warned on Tuesday, as a potentially...
Cyprus finance minister sees smaller than expected 2013 GDP drop
10:18pm 15 October 2013
LONDON (Reuters) - Cyprus's finance minister said an expected contraction in the island's economy after this year's international bailout would be less severe than expected by the country's lenders....
Yahoo net revenue down slightly in third quarter
10:03pm 15 October 2013
SAN FRANCISCO (Reuters) - Yahoo Inc's net revenue dipped slightly in the third quarter as prices for its display ads remained under pressure.
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Ex-Countrywide exec denies fraud at BofA trial over mortgages
10:02pm 15 October 2013
NEW YORK (Reuters) - A former executive of Bank of America's Countrywide unit told a federal jury on Tuesday that she did not knowingly sell toxic mortgages to Fannie Mae and Freddie Mac in the run-...
Democrats reject House fiscal plan
09:55pm 15 October 2013
US Democrats reject a fiscal plan from Republicans in the House of Representatives, just two days before a deadline to raise the US debt limit.
Italy presents 2014 budget with tax, spending cuts
09:48pm 15 October 2013
ROME (Reuters) - The Italian cabinet on Tuesday approved a 2014 budget containing tax and spending cuts aimed at stimulating the recession-bound economy while keeping the budget deficit inside the...