WASHINGTON (Reuters) - A drop in government spending dragged more on the economy than initially thought in the first three months of the year, a sign of increasing pain from Washington's austerity drive. The U.S. economy expanded at a 2.4 percen... [Full Article]
By Daniel Fineren DUBAI (Reuters) - Three big Qatari liquefied natural gas (LNG) deliveries should help replenish vital heating supplies for snow-covered Britain this week, but UK gas stocks remain uncomfortably tight with weeks of abnormally cold we... [Full Article]
CAIRO (Reuters) - Egypt will reopen talks with the IMF next month on a $4.8 billion loan, a minister said on Monday, and the government laid out plans to reverse a slide in currency reserves and tackle the dire state of public finances. A revised gov... [Full Article]
STOCKHOLM (Reuters) - Telecoms equipment maker Ericsson reported a 42 percent drop in core profit and promised more cost cuts to protect itself from tough competition and slowing orders. Telecom gear makers are under stress from price pressures and s... [Full Article]
(Reuters) - Just four weeks ago, an MSCI executive was crowing about his company's near-monopoly on providing critical benchmark stock market indexes which are licensed by fund companies around the world. "It's the only part of our bus... [Full Article]
A Nepalese farmer who was bitten by a venomous snake took revenge by sinking his teeth into the reptile and killing it, police said on Thursday. (Source: AFP)... [Full Article]
TORONTO (Reuters) - Canada's stock market has lagged Wall Street most of the year, and investors can expect more of the same as the country's biggest companies start reporting second-quarter financial results next week. The earnings season ... [Full Article]
(Reuters) - U.S. companies are finding it more difficult to grow their revenue now than at just about any time since the financial crisis. Second-quarter revenue growth for companies in the Standard & Poor's 500 index is expected to be just ... [Full Article]
Britons have been awash with feel-good factor during the queen's jubilee, but must now pack up their bunting and return to a gloomy economic reality dampened more by the cost of two public holidays. (Source: AFP)... [Full Article]
Joey Barton apologised for his red card at Manchester City but the controversial QPR midfielder insisted he was only reacting to provocation from Carlos Tevez. (Source: AFP)... [Full Article]