Reuters: Business News

Facebook insiders cash in

Reuters — 16 May 2012 16:52:00 +0000

May 16 - Several of Facebook's early investors are adding their shares to the company's public offering, boosting the size of the IPO by 25 percent. Jeanne Yurman reports.

UK bank boss warns of continental 'storm'

Reuters — 16 May 2012 11:18:00 +0000

May 16 - Bank of England Governor Sir Mervyn King warns of the "risk of a storm heading our way from the continent" as he flagged the euro zone as the greatest threat to the UK's recovery. Rough Cut (no reporter narration).

Trading at Noon: Managers like financials, some sell Apple

Reuters — 16 May 2012 16:15:00 +0000

May 16 - 13-F regulatory filings for Q1 are out and hedge fund managers are gobbling up financial stocks with some selling Apple.

Occupy protestors arrested near ECB

Reuters — 16 May 2012 14:59:00 +0000

May 16 - German police arrest protesters as they throw paint at officers during an operation to clear the Occupy camp in front of the European Central Bank building. Rough Cut (no reporter narration).

Worried Greeks withdraw savings

Reuters — 16 May 2012 16:34:00 +0000

May 16 - Greeks say they are concerned about the country's potential return to the drachma and a new wave of economic problems as the country faces new elections in June. Ciara Sutton reports.

Greece, growth preoccupy Merkel, Hollande

Reuters — 16 May 2012 16:13:00 +0000

May 16 - Despite their substantial differences, new French President Francois Hollande and German Chancellor Angela Merkel seemed to get off to a good start at their first meeting. Greece remains top of their agenda as worries increase about contagion hitting Italy and Spain. Joanna Partridge reports.

Breakingviews: Dimon shines on

Reuters — 16 May 2012 15:26:17 +0000

May 16 - Jeffrey Goldfarb talks to Antony Currie about the mild shareholder rebuke of the JPMorgan boss at the bank’s annual meeting.

Europe Day Ahead: A look at markets and ahead to tomorrow

Reuters — 16 May 2012 15:30:00 +0000

May 16 - A look at the close of the European markets and a look ahead to the next day's trading as well as what to expect from Asian markets overnight.

Market chaos over Greece fears

Reuters — 16 May 2012 12:42:00 +0000

May 16 - Fears that a Greek exit from the euro zone will worsen the debt crisis facing other European nations is gripping financial markets, sending shares and other riskier assets lower as investors shift funds into safe havens like the U.S. dollar. Ciara Sutton reports.

3XSQ: Facebook and Apple go big

Reuters — 16 May 2012 13:55:00 +0000

May 16 - Facebook increases size of IPO while Apple may reportedly be increasing the size of the iPhone screen.

Facebook likes the world to share

Reuters — 16 May 2012 14:15:00 +0000

May 16 - With growth slowing in the U.S., the world's leading social network Facebook will be increasingly reliant on international markets as it seeks new sources of revenues reports Matt Cowan.

U.S. Morning Call: Facebook to increase IPO size

Reuters — 16 May 2012 12:04:00 +0000

May 16 - Facebook will increase the size of its initial public offering by 25 percent and could raise as much as $16 billion.

Bank of England succession: the odds

Reuters — 16 May 2012 11:30:00 +0000

May 16 - Darren Haines of Paddy Power and Peter Thal Larsen of Breakingviews join Insider to discuss the current favourites to succeed Mervyn King as Governor of the Bank of England.

Market Pulse: BoE King's outlook opens door to more QE

Reuters — 16 May 2012 11:00:00 +0000

May 16 - A downbeat outlook from BoE governor Mervyn King fits with the gloomy climate: sterling falls, euro zone banks at record low, gold near key technical support.

Facebook likes the world to share

Reuters — 16 May 2012 09:22:00 +0000

May 16 - With growth slowing in the U.S., the world's leading social network Facebook will be increasingly reliant on international markets to drive revenues after it goes public later this week. Matt Cowan reports.

Jobs boost for Britain's beleaguered economy

Reuters — 16 May 2012 09:15:00 +0000

May 16 - Chris Grayling, the UK Employment Minister, tells Insider Britain's employment situation is moving in the right direction.

Breakingviews: Greek banks' rickety crutches

Reuters — 16 May 2012 09:30:00 +0000

May 16 - Greek banks are leaning on twin crutches - recapitalisation from bailout funds and emergency liquidity - that could easily be kicked away, says Reuters Breakingviews.

Reuters Today: Greek vote fears spark market rout

Reuters — 16 May 2012 07:00:00 +0000

May 16 - Equities tumble as Greece faces new elections that could push it closer to exiting the euro. The euro falls below $1.27, Spanish bond yields soar.

ECONOMY 2012: Bosses must earn their pay - Shell CEO

Reuters — 16 May 2012 07:05:00 +0000

Shell chief Peter Voser tells Insider executive pay must drive shareholder value and be performance-related

WILL FIGHT FOR MONEY: MMA comes to cashed-up Asia

Reuters — 16 May 2012 00:00:00 +0000

May 16 - Mixed Martial Arts is one of the most extreme forms of hand-to-hand combat. It may also be an extremely good way to make money, as entrepreneurs in Asia are learning.

GM puts the brakes on Facebook ads

Reuters — 15 May 2012 23:14:00 +0000

May 15 - Summary of business headlines: General Motors to stop paid ads on Facebook; Stocks take another step back; New investigations into JP Morgan Chase trading loss; Retail sales barely rise; JC Penney stops dividend. Bobbi Rebell reports.

Shareholders back JPMorgan chief

Reuters — 15 May 2012 22:48:00 +0000

May 15 - JPMorgan CEO admits losses were "self-inflicted" as shareholders vote against plan to split his role into two, separate positions. Sasha Salama reports.

Is Facebook worth it?

Reuters — 15 May 2012 20:43:00 +0000

May 15 - Facebook may be a social network but its also very much a business, and now that its going public, the company will be under the microscope of investors. Bobbi Rebell reports.

U.S. Day Ahead: Booming agriculture could fuel Deere results

Reuters — 15 May 2012 21:01:00 +0000

May 15 - Deere's set to see a healthier bottom line, top hedge fund managers reveal their big short positions and how loud is the debate over more stimulus at the Fed?

Sharing the love of Facebook

Reuters — 15 May 2012 18:08:00 +0000

May 15 - Users can't seem to live without sharing on Facebook, and that's the secret to the social network's unprecedented success. Bobbi Rebell reports.