Why tech giants are investing in Africa

RSS icon12:00am 15 October 2013

Why the world’s technology giants are investing in Africa

Why tech giants are investing in Africa

RSS icon12:00am 15 October 2013

Why the world’s technology giants are investing in Africa

Wall Street recovers from early decline

RSS icon11:29pm 14 October 2013

US stocks recover from early sell-off and the dollar pares losses but worries about Washington’s fiscal stalemate keep investors extremely wary

Tech-related precious metals tumble

RSS icon11:12pm 14 October 2013

A price slide for rhodium, ruthenium and iridium in recent months points to weaker demand from the high-tech industries that use them

JPMorgan trader examined in currency probe - WSJ

RSS icon10:26pm 14 October 2013

(Reuters) - British authorities investigating potential manipulation in the currency markets are looking at the role of a senior trader at JPMorgan Chase & Co while he worked for another firm,...

Grangemouth refinery begins shutdown

RSS icon10:14pm 14 October 2013

Staff at the Grangemouth oil refinery and petrochemical site begin shutting down the facility ahead of a planned 48-hour strike.

VIDEO: UK looking to build Chinese trade

RSS icon10:13pm 14 October 2013

Chancellor George Osborne and London Mayor Boris Johnson are among a UK delegation visiting China in an attempt to build trade relations between the UK and China.

VIDEO: UK looking to build Chinese trade

RSS icon10:13pm 14 October 2013

Chancellor George Osborne and London Mayor Boris Johnson are among a UK delegation visiting China in an attempt to build trade relations between the UK and China.

Labour makes case for OBR change

RSS icon10:12pm 14 October 2013

A change in the law to allow parties' tax and spending commitments to be independently audited would help ensure an "informed debate" at the next election, Labour says.

Labour makes case for OBR change

RSS icon10:12pm 14 October 2013

A change in the law to allow parties' tax and spending commitments to be independently audited would help ensure an "informed debate" at the next election, Labour says.

Peugeot shares plunge on report

RSS icon09:54pm 14 October 2013

Shares in struggling car maker Peugeot Citroen fall 10% on reports that the company is planning to sell shares.

Insight - Philippines infrastructure: taking the slow train to nowhere

RSS icon09:48pm 14 October 2013

MANILA (Reuters) - Images of a portion of the Philippines' oldest light rail transit line ablaze in the middle of the night were exactly what private sector bidders for a $1.4 billion (875.3 million...

Wall Street shares rise on U.S. budget deal hopes, yen gains

RSS icon09:39pm 14 October 2013

NEW YORK (Reuters) - Global equity markets rebounded and oil pared losses on Monday on news of efforts by President Barack Obama and leaders in Congress to resolve an impasse over how to extend the U...

Franco-German divisions cloud efforts to fix broken banks

RSS icon09:37pm 14 October 2013

LUXEMBOURG (Reuters) - The euro zone wrestled on Monday with the question of who should pay for a clean-up of bust banks, as Franco-German divisions cast a cloud over efforts to seal a landmark...

Boeing rebuts critical Pentagon report on helicopter parts

RSS icon09:16pm 14 October 2013

WASHINGTON (Reuters) - Boeing Co on Monday rebutted a Pentagon's inspector general report that said the company overcharged the U.S. Army by up to $16.6 million (10.3 million pounds) on a $4.4...

Time for rich nations to act on loose policy - Mexico's Carstens

RSS icon09:07pm 14 October 2013

MEXICO CITY (Reuters) - Rich countries must urgently take advantage of looser monetary policy to stabilize their economies and stimulate growth, without relying solely on central banks, Mexican...

Analysis - U.S. race to clinch debt sales may prove costly

RSS icon08:55pm 14 October 2013

NEW YORK (Reuters) - It sounds like the plot of a pulpy Hollywood thriller: a mad dash for more than $100 billion (62.5 billion pounds) in cash in the 48 hours before the clock runs out....

Rival airline attacks Alitalia rescue as illegal

RSS icon08:53pm 14 October 2013

MILAN/PARIS (Reuters) - A leading European airline group denounced Italian plans to rescue Alitalia as illegal on Monday, as shareholders were due to vote on a capital increase to keep the near-...

U.S. senators close in on fiscal deal as deadline looms

RSS icon08:45pm 14 October 2013

WASHINGTON (Reuters) - U.S. senators said they were closing in on a deal Monday that would reopen the government and push back a possible default for several months, though many hurdles remained as a...

Forex funds feel strain of debt deadlock

RSS icon08:21pm 14 October 2013

Many are avoiding placing any bets at all while a measure of volatility in major currencies has tumbled to its lowest since January

Glencore dips as broker says it overvalued

RSS icon08:14pm 14 October 2013

Liberum Capital calculates that Glencore is trading at nearly 20 times earnings at spot commodity prices, more than twice BHP Billiton’s rating

US ethanol credits drop sharply on leak

RSS icon08:02pm 14 October 2013

Leaked proposal indicates EPA examining deep cuts to Washington biofuels mandate. Renewable Identification Numbers are trading down 25% from last week

IASB accounting body rejects EU parliament's funding conditions

RSS icon08:00pm 14 October 2013

LONDON (Reuters) - The group which writes global accounting rules said the European Parliament was threatening its independence by calling for a fundamental change to the way it sets standards, and...

ECB's Coeure warns over waning coordination on regulation

RSS icon07:58pm 14 October 2013

PARIS (Reuters) - The benefits of new international financial regulations risk being squandered to the detriment of growth if governments fail to better coordinate across borders, ECB Executive Board...

Sales of ultra-safe US covered bonds stall

RSS icon07:45pm 14 October 2013

Six years after US government first raised possibility of writing new rules that would help US banks sell special debt, that legal framework is no closer

Sales of ultra-safe US covered bonds stall

RSS icon07:45pm 14 October 2013

Six years after US government first raised possibility of writing new rules that would help US banks sell special debt, that legal framework is no closer

GSW accepts Deutsche Wohnen offer, group to raise dividend

RSS icon07:42pm 14 October 2013

FRANKFURT (Reuters) - German Real estate company GSW said on Monday it would recommend its shareholders accept Deutsche Wohnen's takeover offer, taking the 1.7 billion euro bid (1.4 billion pounds)...

Renminbi hits record high against dollar

RSS icon07:41pm 14 October 2013

Central bank allowing currency to increase despite contraction in exports reinforces expectations that China will take further steps at liberalisation

Gold rebounds after sharp slide

RSS icon07:40pm 14 October 2013

The US government shutdown and the looming debt ceiling deadline has failed to support the precious metal in recent weeks

Germany wins backing of EU ministers to block car emissions law

RSS icon07:33pm 14 October 2013

LUXEMBOURG (Reuters) - European Union environment ministers on Monday agreed to German demands to scrap an agreement to cap EU car emissions that Berlin argued would cost jobs and damage its premium...