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Asian shares fall, U.S. deficit deadlock weighs

admin — Mon, 21 Nov 2011 05:15:08 +0000

TOKYO (Reuters) – Asian shares fell on Monday as uncertainty remained over how euro zone leaders would respond to mounting funding difficulties for European banks, and an apparent failure by U.S. politicians to agree on deficit reduction hurt sentiment.

Bidders queue for MF Global LME stake: sources

admin — Sat, 19 Nov 2011 21:07:38 +0000

LONDON (Reuters) – A raft of bidders including J.P. Morgan is lining up for failed brokerage MF Global’s stake in the London Metals Exchange, two sources familiar with the situation said, providing some solace for creditors.

A rally could happen in week ahead but some big "ifs"

admin — Sat, 19 Nov 2011 01:47:36 +0000

NEW YORK (Reuters) – Wall Street is in for a volatile week as escalating problems in Europe’s debt crisis continue to keep investors on their toes.

Helping Indie Musicians Market Their Tunes

admin — Fri, 18 Nov 2011 17:43:06 +0000

Startups step in to promote and sell songs as the giants disappear
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Greeks protest as France, Spain squeezed

admin — Fri, 18 Nov 2011 03:45:36 +0000

ROME/PARIS (Reuters) – Italy’s new government has announced far-reaching reforms in response to a European debt crisis that on Thursday pushed borrowing costs for France and Spain sharply higher, and brought tens of thousands of Greeks onto the streets of Athens.

Top shareholder cuts stake in Japan’s disgraced Olympus

admin — Thu, 17 Nov 2011 03:38:18 +0000

TOKYO (Reuters) – Olympus Corp’s biggest shareholder, Nippon Life Insurance, has reduced its stake in the 92-year-old Japanese firm but said on Thursday that it would keep supporting the company, now battling to survive a massive accounting scandal.

Why Few Employers Use Health-Care Tax Credits

admin — Wed, 16 Nov 2011 17:21:18 +0000

Low exploitation rates for tax breaks intended to encourage small business owners to provide health insurance are prompting complaints that the credits aren’t practical
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Apple, with eye on media, names Disney’s Iger to board

admin — Wed, 16 Nov 2011 04:09:11 +0000

(Reuters) – Apple Inc moved to shore up its board after the death of Silicon Valley legend Steve Jobs, appointing Walt Disney Co chief executive Bob Iger to its board to propel its media ambitions.

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Global markets: Asian shares fall as euro zone yields rise

admin — Tue, 15 Nov 2011 03:32:28 +0000

TOKYO (Reuters) – Asian shares fell on Tuesday, as a rise in euro zone bond yields reflected lingering doubts about the ability of politicians in Italy and Greece to push through painful reforms to resolve their debt crises and win market confidence.

S&P 500 falls more than 1 percent

admin — Mon, 14 Nov 2011 17:30:28 +0000

NEW YORK (Reuters) – U.S. stocks added to losses at midday on Monday, pushing the S&P 500 down more than 1 percent as data increased fears of a euro zone recession.