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.

URL: http://www.reuters.com

Updated: 4 min 42 sec ago

S&P downgrades Belize, sees possible debt default

27 min 14 sec ago

NEW YORK (Reuters) - Standard & Poor's on Monday downgraded Belize's credit ratings deep into junk territory, warning that the country appears to be less willing to service its external debt.

Greeks delay bailout talks as Merkel demands action

29 min 15 sec ago

ATHENS/PARIS (Reuters) - German Chancellor Angela Merkel told Greece on Monday to make up its mind fast on accepting the painful terms for a new EU/IMF bailout, but the country's political leaders responded by delaying their decision for yet another day.

Fed should raise rates in 2013, Bullard says

43 min 48 sec ago

CHICAGO (Reuters) - The Federal Reserve should start raising interest rates next year, a top Fed official said on Monday, arguing that many years of near-zero rates will do little to return economic output to pre-recession levels and risks causing "disaster."

Boeing shares slip as it addresses 787 issues

1 hour 4 min ago

(Reuters) - Boeing Co shares slipped on Monday, the day after the plane maker said it must correct a fuselage support structure problem on some of its carbon-composite 787s, a glitch experts said could slow production.

Wall Street dips as investors wait on Greece

1 hour 6 min ago

NEW YORK (Reuters) - U.S. stocks dipped on Monday as a delay by debt-ridden Greece in accepting the terms of a bailout gave investors little reason to buy equities after a five-week rally.

Humana forecast is below Street view; shares fall

2 hours 14 min ago

(Reuters) - Humana Inc reported a quarterly profit that met analyst estimates, but the health insurer failed to raise its full-year forecast up to Wall Street's target and its shares fell 5.4 percent.

Chrysler's "Halftime" ad: a roadmap for America?

3 hours 31 min ago

LAS VEGAS (Reuters) - Is what is good for Chrysler good for America?

As Facebook grows up, it courts Madison Avenue

3 hours 34 min ago

(Reuters) - About a year ago, when it became clear that taking Facebook Inc public was a matter of when not if, Chief Operating Officer Sheryl Sandberg went out and poached Caroline Everson, then global advertising head at Microsoft Corp.

Insight: Two firms flourish in frenzied MF Global aftermath

3 hours 36 min ago

NEW YORK (Reuters) - The mad rush to move client money out of MF Global Inc. after its collapse left two firms with the bulk of customer accounts, while other brokerages emerged with only minor gains from the chaos of carving up a multibillion-dollar business.

China growth could halve if Europe crisis worsens: IMF

5 hours 5 min ago

BEIJING (Reuters) - China's annual economic growth could be cut nearly in half this year if Europe's debt crisis tips the world economy into a recession, putting pressure on Beijing to unveil "significant" fiscal stimulus, the International Monetary Fund said.

Analysis: Italy charm offensive more style than substance

6 hours 34 min ago

ROME (Reuters) - The enthusiasm surrounding Mario Monti is excessive. He has not had time to address Italy's problems seriously, never mind fix them.

Glencore, Xstrata hammer out premium as deal nears

6 hours 51 min ago

LONDON/CAPE TOWN (Reuters) - Top executives at Glencore and Xstrata are hammering out the final details of a proposed $80 billion merger, including the premium on offer by the commodities trading giant to secure approval from the miner's shareholders.

Europe's debt rose to 82 percent of output at end-Q3

7 hours 52 min ago

BRUSSELS (Reuters) - The European Union's total government debt rose slightly to 82.2 percent of economic output in the third quarter of 2011, the EU's statistics agency said on Monday, lower than the United States but still a burden that could take decades to pay down.

Citi gets approval to issue credit cards in China

8 hours 17 min ago

SHANGHAI (Reuters) - The China unit of Citigroup Inc said on Monday that it has received regulatory approval to issue credit cards in China, the first non-Asian bank to receive permission.

Analysis: Euro zone strugglers lack innovative knack

9 hours 17 min ago

LONDON (Reuters) - To get an idea of the economic mountain euro zone strugglers Greece and Portugal have to climb, consider this: per million inhabitants, they each filed fewer than eight applications with the European Patent Office in 2010.

GM aims for 10 percent profit margin over next few years: report

9 hours 34 min ago

(Reuters) - General Motors aims to raise its profit margin to 10 percent over the next several years, up from the current margin of about 6 percent, Daniel Ammann, chief financial officer, told the Wall Street Journal in an interview.

Mitsubishi Motors to stop making cars in western Europe

12 hours 2 min ago

TOKYO (Reuters) - Japan's Mitsubishi Motors Corp said it will end production at its only western European plant, in the Netherlands, at the end of this year, a move that was expected as its sales in Europe have dropped to a third of their peak.

Asian stocks rise, U.S. jobs gain outweighs Greece

12 hours 35 min ago

TOKYO (Reuters) - Asian shares rose on Monday as surprisingly robust U.S. jobs data bolstered investors' risk appetite, but the euro sagged on worries over a lack of progress in Greek debt restructuring talks which are vital to containing the euro zone crisis.

Glencore offers 8 percent premium to Xstrata to seal deal: FT

Mon, 02/06/2012 - 05:52

(Reuters) - Commodities trader Glencore International is set to offer a bigger-than-expected premium to seal its proposed $88 billion merger with global miner Xstrata Plc , the Financial Times reported on Monday.

Resilient Chevy, Chrysler ads win at Super Bowl

Mon, 02/06/2012 - 05:16

LOS ANGELES (Reuters) - General Motors scored with an Armageddon-proof Chevy truck while a Clint Eastwood pep talk for America won notice for rival Chrysler during the high-stakes brand battle at Sunday's Super Bowl.

Main Menu

Reuters Business News