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Reuters: Business News
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Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals.
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Central bank liquidity tap to stay open
LONDON (Reuters) - After a blockbuster January for both equities and bonds - rallies that caught many in the market by surprise - investors will be paying keen attention to the world's central banks in the coming week for signs of continued easy money.
  
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Greek banks recap via common shares with restrictions: source
ATHENS (Reuters) - Greece has agreed to recapitalize its struggling banks after a planned bond swap largely through common shares with restricted voting rights, a banking source told Reuters on Saturday.
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Jobless rate at 3-year low as payrolls surge
WASHINGTON (Reuters) - The United States created jobs at the fastest pace in nine months in January and the unemployment rate unexpectedly dropped to a near three-year low, giving a boost to President Barack Obama.
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Hungary seeks 15-20 billion euro IMF/EU credit line: official
BUDAPEST (Reuters) - Hungary is seeking an international credit line of 15 to 20 billion ($20 to $26.3 billion) euros, the secretary of state heading the prime minister's office, Mihaly Varga, was quoted on Saturday as saying.
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Analysis: Stock-picking makes a comeback as macro tides fade
NEW YORK (Reuters) - Stock-picking once again matters on Wall Street.
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New York sues banks over electronic mortgage system
NEW YORK (Reuters) - New York State Attorney General Eric Schneiderman on Friday sued three major U.S. banks, accusing them of fraud for using an electronic mortgage database that resulted in deceptive and illegal practices.
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Wall Street analysts struggle to predict Apple
SAN FRANCISCO (Reuters) - By day, Robert Leitao manages a Catholic church in Southern California. By night, he indulges his other passion: predicting Apple Inc's results.
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Deutsche Boerse board member wants CEO out: paper
FRANKFURT (Reuters) - Deutsche Boerse's chief executive Reto Francioni should step down following the collapse of its $7.4 billion plan to merge with NYSE Euronext , a member of the German exchange operator's supervisory board told a newspaper.
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Stanford had secret fund for bribes, yacht: witness
HOUSTON (Reuters) - Texas financier Allen Stanford drew on a secret Swiss bank account for personal expenses such as yacht maintenance and to pay bribes, the government's top witness said at Stanford's fraud trial on Friday.
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A sobering look at Facebook
SAN FRANCISCO (Reuters) - It's the year's hottest initial public offering, but some wealth managers find themselves having a hard time recommending Facebook to their clients.
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