Several brokerages stop taking Facebook IPO orders
Posted by Admin on May 17th, 2012
More info…
NEW YORK (Reuters) – Investors who want Facebook Inc shares when the No. 1 online social network goes public later this week may have lost the opportunity.
Isolated Merkel sticks by austerity after vote setback
Posted by Admin on May 14th, 2012
More info…
BERLIN (Reuters) – Angela Merkel is looking increasingly isolated at home and in Europe after what she called a “bitter, painful defeat” for her party in a weekend election in Germany’s most populous state.
Facebook IPO has halo effect for venture capitalists
Posted by Admin on May 14th, 2012
More info…
SAN FRANCISCO (Reuters) – For the handful of venture capitalists who backed Facebook in its early days, a huge financial payoff is not the only thing they may be celebrating when the company goes public later this week.
Saudi and Bahrain expected to seek union: minister
Posted by Admin on May 14th, 2012
More info…
DUBAI/RIYADH (Reuters) – Saudi Arabia and Bahrain are expected to announce closer political union at a meeting of Gulf Arab leaders on Monday, a Bahraini minister said, in a move dismissed by the opposition as a ruse to avoid political reform.
Blast hits Syria’s Aleppo near ruling party HQ
Posted by Admin on May 12th, 2012
More info…
BEIRUT (Reuters) – An explosion hit Syria’s northern city of Aleppo on Friday, close to the ruling party headquarters, the Syrian Observatory for Human Rights said.
The Dewey chronicles: The rise and fall of a legal titan
Posted by Admin on May 12th, 2012
More info…
NEW YORK (Reuters) – It was a tale of doom foretold in a pie chart.
JPMorgan reveals $2 billion trading loss, CEO Dimon admits “egg on face”
Posted by Admin on May 12th, 2012
More info…
(Reuters) – JPMorgan Chase & Co, the biggest U.S. bank by assets, said it suffered a trading loss of at least $2 billion from a failed hedging strategy, a shock disclosure that hit financial stocks and the reputation of the bank and its CEO, Jamie Dimon.
Netanyahu surprise gives Israel grand coalition
Posted by Admin on May 9th, 2012
More info…
JERUSALEM (Reuters) – Israeli Prime Minister Benjamin Netanyahu formed a unity government on Tuesday in a surprise move that could give him a freer hand to attack Iran’s nuclear facilities and seek peace with the Palestinians.
Analysis: Honduras coffee boom feels growing pains
Posted by Admin on May 9th, 2012
More info…
MARCALA, Honduras (Reuters) – In the small town of Marcala in the western mountains of Honduras, farmers are harvesting more coffee than ever before, part of a nationwide push to capitalize on higher prices that has doubled production in less than 10 years.
Third Point demands Yahoo CEO hiring documents
Posted by Admin on May 8th, 2012
More info…
(Reuters) – Activist hedge fund Third Point, which has called for the ouster of Yahoo Inc Chief Executive Scott Thompson for padding his resume, formally demanded in a letter that the Internet company provide access to all documents relating to Thompson’s hiring.
Analysis: Murdoch’s Fox TV licenses seen surviving UK scandal
Posted by Admin on May 8th, 2012
More info…
(Reuters) – Rupert Murdoch faces limited risk of losing News Corp’s broadcast permits in America, even amid screaming headlines in Britain that the media mogul is unfit to run a major company.
Heavy fighting rocks eastern Syria ahead of poll
Posted by Admin on May 7th, 2012
More info…
AMMAN (Reuters) – Fighting between rebels and President Bashar al-Assad’s forces erupted in an oil producing province in eastern Syria, residents and activists said on Sunday, the eve of a parliamentary election the authorities say shows reforms are under way.
Greeks punish main parties, risk euro exit
Posted by Admin on May 7th, 2012
More info…
ATHENS (Reuters) – Greeks angry at years of austerity shrugged off the risk of a euro zone exit and punished their ruling parties, which failed to win enough votes to form a ruling coalition in Sunday’s election.
Angry Greeks vote in cliffhanger election
Posted by Admin on May 6th, 2012
More info…
ATHENS (Reuters) – Angry Greek voters head to the polls on Sunday for an election shrouded in uncertainty that could reignite Europe’s debt crisis and renew doubts about the country’s future in the euro zone.
Putin says ready to “go far” in U.S. relations: Ifax
Posted by Admin on May 6th, 2012
More info…
MOSCOW (Reuters) – Russia’s President-elect Vladimir Putin is ready to go far in developing ties between Russia and the United States provided the relationship is equal, Interfax news agency quoted Putin’s foreign policy aide as saying on Saturday.
Oil dives 2.5 percent, biggest weekly drop since November
Posted by Admin on May 5th, 2012
More info…
NEW YORK (Reuters) – Oil tumbled 2.5 percent on Friday, with U.S. crude below $100 a barrel for the first time since February, as an abrupt slow-down in U.S. hiring soured economic sentiment and technical triggers intensified selling.
Berkshire profits double as insurance losses fall
Posted by Admin on May 5th, 2012
More info…
OMAHA, Nebraska (Reuters) – Warren Buffett’s Berkshire Hathaway more than doubled its profit in the first quarter, as the conglomerate’s insurance business was spared from the devastating natural disaster losses that hit the company a year earlier.
Obama under pressure as China dissident appeals for help
Posted by Admin on May 4th, 2012
More info…
BEIJING/WASHINGTON (Reuters) – Blind Chinese dissident Chen Guangcheng made a dramatic plea for help in a cellphone call to a U.S. congressional hearing from his hospital bed in Beijing, raising the pressure on President Barack Obama over his administration’s handling of the case.
BP wins delay of Gulf spill trial until 2013
Posted by Admin on May 4th, 2012
More info…
(Reuters) – A trial to assign blame and damages that could total tens of billions of dollars for the 2010 Gulf of Mexico oil spill has been put off until January, in a setback for the U.S. government, which wanted to try its case this summer.
BP wins delay of Gulf spill trial until 2013
Posted by Admin on May 4th, 2012
More info…
(Reuters) – A trial to assign blame and damages that could total tens of billions of dollars for the 2010 Gulf of Mexico oil spill has been put off until January, in a setback for the U.S. government, which wanted to try its case this summer.