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German business morale rises for second month in a rowGerman business morale rises for second month in a row

[2012-12-19 12:32:00]
BERLIN (Reuters) - German business sentiment climbed for the second month running in December as confidence in the outlook surged more than...

Bank of England sees flat output, above-target inflation in 2013: minutesBank of England sees flat output, above-target inflation in 2013: minutes

[2012-12-19 12:16:00]
LONDON (Reuters) - Britain's economy is likely to remain broadly flat in the near term but inflation would probably exceed 2 percent...

Mitsubishi Motors to recall 1.2 million cars to fix engine partMitsubishi Motors to recall 1.2 million cars to fix engine part

[2012-12-19 12:00:00]
TOKYO (Reuters) - Mitsubishi Motors will recall about 1.2 million 660 cc minicar vehicles sold in Japan due to faulty engine oil...

Billabong gets $556 million bid but fears abound it may be pulledBillabong gets $556 million bid but fears abound it may be pulled

[2012-12-19 12:00:00]
MELBOURNE (Reuters) - A fresh $556 million offer for Billabong International found little favor with investors as the stock dived 13 percent...

Former Porsche CEO charged with market manipulationFormer Porsche CEO charged with market manipulation

[2012-12-19 12:00:00]
STUTTGART (Reuters) - Stuttgart prosecutors have charged former Porsche SE chief executive Wendelin Wiedeking and his former finance chief with market manipulation...

Exclusive: SPX closes in on $4.2 billion Gardner Denver deal - sourceExclusive: SPX closes in on $4.2 billion Gardner Denver deal - source

[2012-12-19 12:00:00]
NEW YORK (Reuters) - Industrial machinery maker SPX Corp is closing in on a roughly $4.2 billion deal to buy rival Gardner...

Ford says recalls have not hurt auto salesFord says recalls have not hurt auto sales

[2012-12-19 12:00:00]
DETROIT (Reuters) - Ford Motor Co is not experiencing a hit to its auto sales as a result of a recent spate...

Republicans put squeeze on Obama in Republicans put squeeze on Obama in "fiscal cliff" talks

[2012-12-19 12:00:00]
WASHINGTON (Reuters) - Frustrated by their inability to wring more "fiscal cliff" concessions out of President Barack Obama, Republicans in the U.S....

Fitch warns U.S. could lose AAA status if fiscal cliff hitsFitch warns U.S. could lose AAA status if fiscal cliff hits

[2012-12-19 12:00:00]
LONDON (Reuters) - Ratings firm Fitch warned on Wednesday there was an increased likelihood it would strip the U.S. of its triple-A...

UBS admits fraud in $1.5 billion Libor rigging dealUBS admits fraud in $1.5 billion Libor rigging deal

[2012-12-19 12:00:00]
ZURICH (Reuters) - Swiss bank UBS swallowed a $1.5 billion fine and admitted to fraud on Wednesday after a global probe revealed...

U.S. budget optimism send shares, euro upU.S. budget optimism send shares, euro up

[2012-12-19 12:00:00]
LONDON (Reuters) - World shares hit 17-month highs and the euro surged on Wednesday on hopes that U.S. politicians will reach a...

Stock index futures trade flat to higherStock index futures trade flat to higher

[2012-12-19 12:00:00]
LONDON (Reuters) - Stock index futures pointed to a flat-to-higher open on Wall Street on Wednesday, consolidating gains after the S&P 500's...

Knight Capital's board said to be split on rival buyout offersKnight Capital's board said to be split on rival buyout offers

[2012-12-18 12:00:00]
NEW YORK (Reuters) - Knight Capital Group's board was split between two competing offers for the firm after a meeting on Monday...

AIG marks end of era with $6.45 billion AIA stake saleAIG marks end of era with $6.45 billion AIA stake sale

[2012-12-18 12:00:00]
HONG KONG (Reuters) - American International Group Inc raised $6.45 billion from the sale of its remaining stake in AIA Group Ltd...

Lloyd's of London insurers eye $375 million Sandy hitLloyd's of London insurers eye $375 million Sandy hit

[2012-12-18 12:00:00]
LONDON (Reuters) - Three of the Lloyd's of London insurance market's leading players owned up to a combined loss of about $375...

BOJ to mull 2 percent inflation target as Abe turns up heatBOJ to mull 2 percent inflation target as Abe turns up heat

[2012-12-18 12:00:00]
TOKYO (Reuters) - The Bank of Japan will ease monetary policy this week and consider adopting a 2 percent inflation target no...

External risks impede China recovery, more easing seenExternal risks impede China recovery, more easing seen

[2012-12-18 12:00:00]
BEIJING (Reuters) - China's burgeoning economic recovery may need central bank easing to spur it along next year, as foreign investors scale...

UK inflation unexpectedly stays at highest since MayUK inflation unexpectedly stays at highest since May

[2012-12-18 12:00:00]
LONDON (Reuters) - UK inflation stayed at its highest level since May last month, confounding forecasts it would ease and potentially giving...

Hopes rise for Hopes rise for "fiscal cliff" deal as Obama, Boehner meet

[2012-12-18 12:00:00]
WASHINGTON (Reuters) - The differences over how to resolve the "fiscal cliff" narrowed significantly Monday night as President Barack Obama made a...

U.S. budget hopes lift shares, other risk assetsU.S. budget hopes lift shares, other risk assets

[2012-12-18 12:00:00]
LONDON (Reuters) - Global shares and other risk assets rose on Tuesday, encouraged by signs of a U.S. budget compromise aimed at...



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