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Pentagon, Lockheed finalize contract for fifth lot of F-35 fightersPentagon, Lockheed finalize contract for fifth lot of F-35 fighters

[2012-12-15 12:00:00]
WASHINGTON (Reuters) - The Defense Department said on Friday it has finalized a contract for the purchase of a fifth batch of...

UBS to admit Japan criminal wrongdoing in Libor case: sourcesUBS to admit Japan criminal wrongdoing in Libor case: sources

[2012-12-15 12:00:00]
ZURICH/LONDON (Reuters) - UBS will admit to criminal wrongdoing by its Japanese arm, where one of the Swiss bank's traders manipulated yen...

India's Singh says to speed up sale of stakes in state firmsIndia's Singh says to speed up sale of stakes in state firms

[2012-12-15 12:00:00]
NEW DELHI (Reuters) - India will speed up the sale of stakes in state companies to revive the stock market and will...

China lets foreign sovereigns, central banks exceed $1 billion investment limitChina lets foreign sovereigns, central banks exceed $1 billion investment limit

[2012-12-15 12:00:00]
SHANGHAI (Reuters) - China's foreign exchange regulator has removed the $1 billion limit for foreign sovereign wealth funds, central banks and monetary...

Edison Mission prepares bankruptcy filing: sourceEdison Mission prepares bankruptcy filing: source

[2012-12-15 12:00:00]
(Reuters) - Edison Mission Energy, a power company that operates in more than a dozen U.S. states, is preparing a possible bankruptcy...

SEC has examined Bank of America mortgage repurchasesSEC has examined Bank of America mortgage repurchases

[2012-12-15 12:00:00]
WASHINGTON/CHARLOTTE (Reuters) - Securities regulators have made inquiries into the mortgage repurchase practices at Bank of America Corp's Countrywide unit, according to...

Best Buy extends deadline for founder bidBest Buy extends deadline for founder bid

[2012-12-15 12:00:00]
(Reuters) - Best Buy Co Inc agreed to extend the deadline to February 28 for founder Richard Schulze to make a bid...

Wall Street Week Ahead: Holiday Wall Street Week Ahead: Holiday "on standby" as clock ticks on cliff

[2012-12-15 12:00:00]
NEW YORK (Reuters) - The last two weeks of December are traditionally quiet for stocks, but traders accustomed to a bit of...

Germany's Merkel sets limits on euro zone risk-sharingGermany's Merkel sets limits on euro zone risk-sharing

[2012-12-14 12:48:00]
BRUSSELS (Reuters) - European leaders agreed on Friday to press on with further steps to tackle their debt crisis but German Chancellor...

Stock futures signal early gainsStock futures signal early gains

[2012-12-14 12:48:00]
PARIS (Reuters) - Stock futures pointed to a higher open on Wall Street on Friday, with futures for the S&P 500 up...

U.S. fund investors pour $8.68 billion into stock ETFs: LipperU.S. fund investors pour $8.68 billion into stock ETFs: Lipper

[2012-12-14 12:00:00]
NEW YORK (Reuters) - Investors in U.S.-based funds pumped the most money into stock exchange-traded funds since mid-September while also putting money...

French bear brunt of Europe's deepening auto slumpFrench bear brunt of Europe's deepening auto slump

[2012-12-14 12:00:00]
PARIS/BERLIN (Reuters) - France's PSA Peugeot Citroen and Renault led a 10 percent decline in European car sales in November, the market's...

UBS faces $1 billion fine for Libor rigging: sourceUBS faces $1 billion fine for Libor rigging: source

[2012-12-14 12:00:00]
LONDON (Reuters) - Swiss bank UBS is expected to pay about $1 billion to settle charges of rigging the Libor interest rate...

AkzoNobel sells North American paints arm for $1.1 billionAkzoNobel sells North American paints arm for $1.1 billion

[2012-12-14 12:00:00]
AMSTERDAM (Reuters) - Dutch chemicals group AkzoNobel is selling its struggling North American decorative paints arm to U.S. rival PPG Industries for...

Euro zone recession likely deepened in fourth quarter: PMIsEuro zone recession likely deepened in fourth quarter: PMIs

[2012-12-14 12:00:00]
LONDON (Reuters) - The euro zone recession has deepened in the current quarter after the bloc's private sector contracted for the 11th...

Fiat in talks on possible capital increase: sourceFiat in talks on possible capital increase: source

[2012-12-14 12:00:00]
MILAN/LONDON (Reuters) - Italian carmaker Fiat is in talks with banks about a capital increase to buy out the remaining 41.5 percent...

Euro zone job rate falls, inflation pressures easeEuro zone job rate falls, inflation pressures ease

[2012-12-14 12:00:00]
BRUSSELS (Reuters) - Europeans' reluctance to spend on travel and eating out slowed increases in the cost of living in the euro...

S&P Japan unit rapped over CDO ratings mistakesS&P Japan unit rapped over CDO ratings mistakes

[2012-12-14 12:00:00]
TOKYO (Reuters) - The Japanese unit of Standard & Poor's Ratings Services was reprimanded by the financial regulator on Friday for mistakes...

Weak German PMI data send shares, euro into reverseWeak German PMI data send shares, euro into reverse

[2012-12-14 12:00:00]
LONDON (Reuters) - Weaker-than-expected European economic data sent the region's shares and the euro into reverse on Friday, as hopes of a...

Airbus chief gambles on giving managers their wingsAirbus chief gambles on giving managers their wings

[2012-12-13 12:48:00]
PARIS (Reuters) - Frenchman Fabrice Bregier is waging a quiet revolution at the world's biggest planemaker, Airbus, gambling that he can achieve...



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