|
Latin America |
|
Reuters: Business News
|
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.
|
|
-
Greek deal hopes lift euro, shares
LONDON (Reuters) - The euro and European stock markets edged higher on Tuesday as traders grew hopeful a resolution could be found to enable a second bailout deal for Greece, although poor results for some top European firms rekindled fears about the impact of the crisis.
  
-
Glencore to buy Xstrata in $90 billion deal
LONDON (Reuters) - Commodities trader Glencore agreed an all-share takeover of mining group Xstrata worth $90 billion on Tuesday in the industry's largest ever deal, creating a powerhouse spanning mining, agriculture and trading.
-
Greek leaders face crunch talks as unions strike
ATHENS (Reuters) - Greek leaders face crunch talks on Tuesday to secure a new international bailout and avoid a chaotic debt default, caught between EU demands that they accept painful reforms now and a national strike against more austerity.
-
Toyota Q3 jumps, sees "tough race" in North America
TOKYO (Reuters) - Toyota Motor Corp reported a stronger-than-expected quarterly operating profit and raised its annual forecast on cost cuts and Japanese government subsidies, though this is still some way below analysts' expectations.
-
BP preparing "vigorously" for oil spill lawsuits
LONDON (Reuters) - BP said it was preparing "vigorously" for lawsuits related to its Gulf of Mexico oil spill, which are due to start later this month, as it unveiled a rise in fourth quarter earnings on the back of higher oil prices.
-
Facebook governance a concern for California pension fund
NEW YORK (Reuters) - Facebook's corporate governance rules, which give shareholders little say in how the social networking website would be run as a public company, are raising the hackles of one of the largest U.S. investors, the California State Teachers' Retirement System.
-
SEC to propose new rules for money-market funds: report
(Reuters) - The Securities and Exchange Commission (SEC) will unveil proposals aimed at stabilizing money-market funds in the event of another financial panic, the Wall Street Journal reported on Tuesday, citing people familiar with the matter.
-
UBS warns of poor Q1 after investment bank loss
ZURICH (Reuters) - Swiss bank UBS posted a loss at its investment bank and warned that the unit's poor performance would also affect first-quarter results as the euro zone debt crisis and worries about the health of the U.S. economy hurt business.
-
Walmart names ex-Woolworths veteran as new China CEO
SHANGHAI/HONG KONG (Reuters) - Wal-Mart Stores Inc named company executive Greg Foran as the president and chief executive of Walmart China, capping a series of leadership changes at the China unit that has been tainted by food scandals.
-
Lockheed's F-35 fighter jet under renewed pressure
WASHINGTON (Reuters) - Key U.S. senators raised fresh questions about Lockheed Martin Corp's $382 billion F-35 fighter program on Monday as the Pentagon's top weapons buyer underscored deep flaws in the way the multinational arms program was set up from the start.
|
|
