Reuters: Business News

U.S. Morning Call: Blame it on Ben & weakness in China

Reuters — 23 May 2013 11:49:00 +0000

May 23 - Fed Chair spooking markets; a report shows Chinese manufacturing activity shrank for the first time in seven months.

Reuters Breakingviews: Japan joins global risk parade

Reuters — 23 May 2013 08:30:00 +0000

May 23 - The Nikkei’s 7 percent drop is an overdue correction, says Breakingviews, but the sell off is down to U.S. and China concerns. Being a safe haven has its drawbacks.

Hey Dell, here's how to run a PC business

Reuters — 23 May 2013 09:15:00 +0000

May 23 - The plain-vanilla personal computer industry may be hurting, but Lenovo is still raking in the cash. So what is the Chinese giant's secret formula? Watch and find out.

Tax trumps EU summit agenda

Reuters — 22 May 2013 17:38:00 +0000

May 22 - Growing concern in European capitals about aggressive tax avoidance by high-profile corporations such as Amazon, Google and Apple steals the agenda of a European Union summit in Brussels. Ciara Sutton reports.

Reuters Today: Bernanke Sparks Massive Sell Off

Reuters — 23 May 2013 06:00:00 +0000

May 23 - Fed Chairman Bernanke and weak Chinese data rattle markets. Japan's Nikkei tumbles over 7 percent - its biggest one-day fall in two years - shedding over 1,000 points. Europe deeply in the red too.

China factory contraction signals fragile recovery

Reuters — 23 May 2013 07:23:00 +0000

May 23 - China’s economy shows fresh signs of faltering, with an advance reading of manufacturing output shrinking for the first time in seven months. That may worry trading partners--but not its leaders.

Reuters on the Road: Ariadne Helps Navigate Start-up Maze

Reuters — 23 May 2013 07:00:00 +0000

May 23 - Ariadne Capital founder Julie Meyer takes the taxi challenge to explain why she thinks entrepreneurship is the only answer to Britain’s economic future.

Fed infighting steps up; HP sigh of relief

Reuters — 22 May 2013 22:09:00 +0000

May 22 - Summary of business headlines and recap of trading action on Wall Street and across Europe. Conway G. Gittens reports.

U.S. Day Ahead: Sears' Lampert could sell more stores

Reuters — 22 May 2013 20:31:00 +0000

May 22 - Analysts say look out for clues that Sears boss Edward Lampert will spin off Land's End and Sears Canada when the company reports earnings.

Wealth Strategies: Focusing on 'left behind' sectors

Reuters — 23 May 2013 06:00:00 +0000

May 23 - Westwood SMid Cap Plus Fund's Ragen Stienke says he is seeing opportunity in sectors that have been left behind, such as producer durables and technology.

Wealth Strategies: Emerging market equities well priced

Reuters — 24 May 2013 07:00:00 +0000

May 24 - Chris Brightman, Head of Investment Management at Research Affiliates says emerging market equities - specifically emerging Asia, Latin America and Eastern Europe - are well priced.

Saft Says: Bernanke continues Fed tapering talk

Reuters — 22 May 2013 19:49:00 +0000

May 22 - Reuters columnist James Saft says the Fed will keep talking about the tapering that will happen soon, but won't actually get around to it.

Daily Digit: Target's $16bln disappointment

Reuters — 22 May 2013 18:34:00 +0000

May 22 - Target's sales reached a disappointing $16.7 billion in the first quarter, leading the discount retailer to cut its full-year profit target. Conway G. Gittens reports.

Techquity: Taxing time for tech, Amazon aims for fan fiction

Reuters — 22 May 2013 18:04:00 +0000

May 22 - World leaders go after low tax payments of Google, Apple and others. Plus, Amazon offers fans of popular books the chance to write related material for profit.

Bernanke: policy still benefiting economy

Reuters — 22 May 2013 17:41:00 +0000

May 22 - Federal Reserve Chairman Ben Bernanke put to rest fears of a near-term pullback on the Fed's aggressive monetary policy, and doesn't think recent stock market gains are fueling a bubble. Bobbi Rebell reports.

IMF's growth warning to Britain

Reuters — 22 May 2013 16:05:00 +0000

May 22 - The IMF has called on Britain's government to do more to speed up slow economic recovery, hinting that the country might be able to afford to borrow more to fund investment. Joanna Partridge reports.

Breakingviews: iTax

Reuters — 22 May 2013 16:24:00 +0000

May 22 - Rob Cox and Breakingviews columnists discuss why Apple’s minimalist approach to devices should be applied to the overcomplicated U.S. tax code.

Trading at Noon: Stocks off highs after Bernanke warnings

Reuters — 22 May 2013 16:36:00 +0000

May 22 - U.S. stocks pulled back from all-time highs after Fed Chair Ben Bernanke said the Fed could ease off on bond buying in the next two policy meetings.

Lab-made DNA used to tackle copper cable theft

Reuters — 22 May 2013 15:16:00 +0000

May 22 - The organised theft of copper from homes and building sites has become a global problem in recent years, but German telecommunications giant Deutsche Telekom has struck back by marking their copper wires with so-called 'artificial DNA' to track down the copper's origin and even its thieves. Jim Drury has more.

Europe Day Ahead: Euro zone seen improving...but not by much

Reuters — 22 May 2013 14:30:00 +0000

May 22 - Euro zone flash PMIs to show slight improvement, ECB president Mario Draghi speaks in London and Spain sells debt.

Sony entertains change over spin-off idea

Reuters — 22 May 2013 14:14:00 +0000

May.22 - Sony’s board says it will assess a proposal from major shareholder Daniel Loeb to sell up to a fifth of the group’s money-making entertainment arm. It’s a radical idea for corporate Japan where change doesn’t come easy. Hayley Platt reports.

Pope says no to profit at any cost

Reuters — 22 May 2013 12:12:00 +0000

May 22 - Pope Francis is again making headlines around the globe for his economic views. As Ciara Sutton reports he criticised "savage capitalism" during a visit to a food kitchen.

Market Pulse: UK recovery? Investors not buying it (or cable)

Reuters — 22 May 2013 10:00:00 +0000

May 22 - The pound's down and bonds bounce, as the latest data and BoE minutes cast doubt over the UK recovery. Expect cable near $1.48 and gilt yields at 1.70%, says ICAP. Plus, euro/Swiss hits a 2-year high.

U.S. Morning Call: Sony can take a hint; Ford motors on

Reuters — 22 May 2013 11:45:00 +0000

May 22 - Sony's CEO says he will assess Dan Loeb's plan to spin off part of the company and Ford to produce more cars to meet demand.