» Wall Street climbs on reports of aid for Greece
09/02/10 17:38 from Reuters: Business News
NEW YORK (Reuters) - Stocks rose broadly on Tuesday, with the Dow on track for its largest daily percentage advance since July, on reports euro zone countries will come to the aid of debt-stricken Greece.

» European governments agree to help Greece
09/02/10 17:31 from Reuters: Business News
BERLIN (Reuters) - European governments have agreed in principle to support struggling euro-zone member Greece and are considering various options, including bilateral aid, a senior German coalition source said on Tuesday.

» Coca-Cola sales rise, led by emerging markets
09/02/10 17:14 from Reuters: Business News
CHICAGO (Reuters) - Coca-Cola Co reported stronger-than-expected quarterly sales as higher demand for its beverages in China, India and Brazil offset a drop in North America, sending the world's largest soft-drink maker's shares up 3.3 perc..

» Obama hopes to see jobs package in coming weeks
09/02/10 17:11 from Reuters: Business News
WASHINGTON (Reuters) - President Barack Obama, reaching out to lawmakers in both U.S. political parties, said on Tuesday he hoped Congress would soon deliver a package of measures to boost U.S. employment and economic growth.

» McDonald's January same-store rise
09/02/10 16:38 from Reuters: Business News
CHICAGO/LOS ANGELES (Reuters) - McDonald's Corp posted an expectations-topping 2.6 percent increase in January sales at established restaurants, as overseas results overshadowed a sluggish performance in the United States.

» UBS still losing U.S. wealth management clients, advisers
09/02/10 16:09 from Reuters: Business News
NEW YORK (Reuters) - The embattled U.S. wealth management business of Swiss bank UBS AG continued to bleed client assets in the fourth quarter, hurt by fleeing advisers and negative publicity from a tax-fraud scandal.

» Toyota recalls new Prius in latest safety fix
09/02/10 15:41 from Reuters: Business News
TOKYO/WASHINGTON (Reuters) - Toyota Motor Corp said it would call in nearly half a million new Prius and other hybrid cars for braking problems, the third recall in a spiraling safety crisis at the world's biggest carmaker.

» U.S. consumer confidence falls in February
09/02/10 15:28 from Reuters: Business News
NEW YORK (Reuters) - U.S. consumer confidence fell in February to near a level seen at the beginning of the recession, as high unemployment and some stock market weakness sapped January's optimism, a research group said on Tuesday.

» U.S. wholesale inventories unexpectedly fall in December
09/02/10 15:25 from Reuters: Business News
WASHINGTON (Reuters) - U.S. wholesale inventories unexpectedly fell 0.8 percent in December, while sales rose 0.8 percent, a government report showed on Tuesday.

» S&P Sees UK Sukuk Issues This Year
09/02/10 13:03 from Reuters TV: Business
Feb 9 - The UK could start issuing Sukuk Islamic bonds in the next 12 months but Malaysia's grip on the market is growing as the UAE falters, says S&P's Islamic Finance credit analyst Mohamed Damak.

» Venice carnival hit by recession
09/02/10 11:42 from Reuters TV: Business
Feb 9 - The Venice carnival is feeling the pinch of the economic crisis with a reduced budget and fewer tourists than normal who want to spend less on their stay.

» China's CIC gives breakdown of U.S. equity stakes
09/02/10 11:41 from Reuters: Business News
BEIJING (Reuters) - China Investment Corp , the country's $300 billion sovereign wealth fund, has made its biggest U.S. equity bets in natural resources and financial stocks.

» Business Update: Asia edges up
09/02/10 10:12 from Reuters TV: Business
Feb 9 - Technology shares led Taiwan and South Korea higher, but jitters over euro zone sovereign debt problems ate into investor appetite.

» Toyota recalls hybrid Prius
09/02/10 09:17 from Reuters TV: Business
Feb 9 - World No.1 automaker Toyota recalled its flagship Prius hybrid Tuesday, while halting shipments of two other eco-models.

» Getting the UK Out of STUPID
08/02/10 21:40 from Reuters TV: Business
Feb. 08 - Breakingviews editor Hugo Dixon says Britain is very close to getting caught up in the financial contagion in Europe and should take steps to distance itself from countries like Greece that are already knee-deep in it.