Reuters Video: Business

Obama sees jobless rate rising

Tue, 14 Jul 2009 19:23:09 +0100

Jul. 14 - President Barack Obama said U.S. unemployment figures will likely continue to climb, at least into the near future.

Goldman pockets $2.7b

Tue, 14 Jul 2009 18:13:50 +0100

Jul. 14 - U.S. investment bank Goldman Sachs topped quarterly earnings forecasts led by a strong recovery in trading revenues.

Shifting the stimulus

Tue, 14 Jul 2009 15:35:16 +0100

Jul 14 - Former Merril Lynch economist David Rosenberg tells Fred Katayama that stimulus funds should be used to retool the workforce, not build infrastructure.

BMW to ramp up production

Tue, 14 Jul 2009 15:40:38 +0100

Jul 14 - BMW has said it will increase production in coming months as it sees the global autos market turning a corner.

Business Update: Goldman profits up

Tue, 14 Jul 2009 15:06:17 +0100

Jul 14 - A burst of confidence in U.S. financial stocks lifted global equities on Tuesday ahead of results for bellwether Goldman Sachs

Geithner: Recession is easing

Tue, 14 Jul 2009 12:33:42 +0100

Jul 14 - U.S. treasury secretary Timothy Geithner says aggressive efforts to counter a global financial crisis are starting to work.

Jordan battles stubborn drought

Tue, 14 Jul 2009 15:28:45 +0100

Jul 14 - Jordan is fighting an uphill battle to deal with a chronic water shortage as officials pin their hope on two strategic projects in the southern desert.

Bulgari eyes China market

Tue, 14 Jul 2009 11:04:17 +0100

Jul 14 - Italian jeweller Bulgari sees China business picking up in the second quarter amid a tough year ahead.

Business Update: Asia banks up

Tue, 14 Jul 2009 10:37:52 +0100

Jul 14 - Asian financial shares rally, leading regional benchmarks higher after nearly two weeks of losses.