News : Business News

Analysis - Little sign Abe can shake up Japan's inbound FDI

Analysis - Little sign Abe can shake up Japan's inbound FDI

May 19th, 2013 - 23:40h (CET +01.00)

By Stanley White TOKYO (Reuters) - Japan risks missing, yet again, an opportunity to use foreign investment to help fuel sustained economic growth that has eluded it for the last two decades. Prime Minister Shinzo Abe pledged to make Japan "the ... [Full Article]

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Yahoo's board approves $1.1 billion Tumblr acquisition: WSJ

Yahoo's board approves $1.1 billion Tumblr acquisition: WSJ

May 19th, 2013 - 23:10h (CET +01.00)

SAN FRANCISCO (Reuters) - Yahoo Inc's board has approved a deal to buy blogging and social networking site Tumblr for $1.1 billion in cash, the Wall Street Journal cited people familiar with the matter as saying on Sunday. Such an acquisition wo... [Full Article]

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Yahoo's board approves Tumblr acquisition -WSJ

Yahoo's board approves Tumblr acquisition -WSJ

May 19th, 2013 - 23:00h (CET +01.00)

SAN FRANCISCO (Reuters) - Yahoo Inc's board has approved a deal to buy blogging and social networking site Tumblr for $1.1 billion (724 million pounds) in cash, the Wall Street Journal cited people familiar with the matter as saying on Sunday. S... [Full Article]

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French probe finds LVMH built up Hermes stake in secret - paper

French probe finds LVMH built up Hermes stake in secret - paper

May 18th, 2013 - 19:20h (CET +01.00)

PARIS (Reuters) - The French stock market authority has found LVMH secretly bought shares in rival Hermes to build a stake, and not merely make a financial investment as the luxury group has claimed, a newspaper reported. LVMH said it would fight the... [Full Article]

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SAC Capital won't fully cooperate with government: letter

SAC Capital won't fully cooperate with government: letter

May 18th, 2013 - 10:40h (CET +01.00)

By Emily Flitter and Katya Wachtel NEW YORK (Reuters) - Steven A. Cohen's hedge fund SAC Capital Advisors told investors on Friday it would no longer cooperate "unconditionally" with the U.S. government's insider trading investiga... [Full Article]

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Wall Street Week Ahead: Correction talk gets old as rally sails along

Wall Street Week Ahead: Correction talk gets old as rally sails along

May 18th, 2013 - 02:50h (CET +01.00)

By Angela Moon NEW YORK (Reuters) - With the broad S&P 500 Index gliding once again into uncharted territory and posting four straight weeks of gains, the talk of Wall Street's rally inevitably hitting a ceiling is starting to get old. Conce... [Full Article]

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Dow, S&P end at records as stocks score fourth week of gains

Dow, S&P end at records as stocks score fourth week of gains

May 17th, 2013 - 23:10h (CET +01.00)

By Leah Schnurr NEW YORK (Reuters) - U.S. stocks continued their climb into uncharted territory on Friday, racking up the fourth week of gains in a row as encouraging economic data prompted investors to pick up shares of growth companies. The Dow and... [Full Article]

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Dollar soars, global stocks gain amid talk of Fed QE exit

Dollar soars, global stocks gain amid talk of Fed QE exit

May 17th, 2013 - 18:20h (CET +01.00)

By Herbert Lash NEW YORK (Reuters) - The dollar soared on Friday against a basket of currencies, reaching a nearly three-year peak, and global equity indexes gained as speculation mounted over whether the Federal Reserve would soon begin to rein in i... [Full Article]

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Data lifts Wall Street to session high

Data lifts Wall Street to session high

May 17th, 2013 - 16:50h (CET +01.00)

NEW YORK (Reuters) - U.S. stocks hit session highs in morning trading on Friday after a gauge of future U.S. economic activity rose to its highest level in nearly five years. The Dow Jones industrial average rose 64.81 points or 0.43 percent, to 15,2... [Full Article]

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Stocks rise on hopeful signs for the US economy

Stocks rise on hopeful signs for the US economy

May 17th, 2013 - 16:40h (CET +01.00)

NEW YORK (AP) - Encouraging news about the U.S. economy helped push stock prices higher in early trading on Wall Street Friday. (Source: Associated Press)... [Full Article]

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