NEW YORK (Reuters) – Payrolls could give the U.S. stock market some direction this week as investors comb through the key report on one of the economy’s weakest areas.
WASHINGTON (Reuters) – Snowstorms have repeatedly battered parts of the United States this winter, making it more difficult to discern returning weakness in the economy from
LONDON (Reuters) – The United States and Japan are expected to see the biggest rise in distressed property sales in the first quarter, as the fallout from the global property downturn intensifies, the results of a survey showed on Monday.
NEW YORK (Reuters) – American International Group Inc’s board approved the sale of its Asian life insurance business to Britain’s Prudential Plc for $35.5 billion, a source familiar with the matter said on Sunday.
NEW YORK (Reuters) – Britain’s Prudential Plc plans to do a rights offering of about $20 billion to finance a $35.5 billion purchase of American International Group’s Asian life insurance unit, a source familiar with the situation said on Sunday.
NEW YORK (Reuters) – Shanda Games, China’s No. 2 online game company, said on Sunday its fourth-quarter profit rose 44 percent, as revenue jumped to a record high in China’s booming online game market.
LONDON (Reuters) – The chief executives of HSBC Holdings , Europe’s biggest bank, and Asia-focused rival Standard Chartered are set to give their bonuses to charity, newspapers reported on Sunday, following a high-profile row over the sums paid to bankers.
SAN FRANCISCO (Reuters) – Calpers, the biggest U.S. public pension fund, will review its assumed actuarial rate of return of 7.75 percent and will make a recommendation to its board whether to lower it in December, a spokesman said on Sunday.
REYKJAVIK (Reuters) – Icelandic negotiators may return home on Monday from London if no new meetings are called with British officials over the Icesave debt crisis, Icelandic Radio quoted a finance ministry spokesman as saying.
ATHENS (Reuters) – Greece may soon announce new steps to cut its budget deficit, a government minister said on Sunday, amid signs that Athens might be nearing a deal with European Union governments to ease the Greek debt crisis.
