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India’s Singh says to speed up sale of stakes in state firms
NEW DELHI | Sat Dec 15, 2012 3:48am EST NEW DELHI (Reuters) – India will speed up the sale of stakes in state companies to revive the stock market and… Read more
Edison Mission prepares bankruptcy filing: source
By Nick Brown Sat Dec 15, 2012 12:09am EST (Reuters) – Edison Mission Energy, a power company that operates in more than a dozen U.S. states, is preparing a possible… Read more
China lets foreign sovereigns, central banks exceed $1 billion investment limit
By Pete Sweeney SHANGHAI | Fri Dec 14, 2012 11:44pm EST SHANGHAI (Reuters) – China’s foreign exchange regulator has removed the $1 billion limit for foreign sovereign wealth funds, central… Read more
SEC has examined Bank of America mortgage repurchases
By Aruna Viswanatha and Rick Rothacker WASHINGTON/CHARLOTTE | Fri Dec 14, 2012 8:09pm EST WASHINGTON/CHARLOTTE (Reuters) – Securities regulators have made inquiries into the mortgage repurchase practices at Bank of… Read more
UBS to admit Japan criminal wrongdoing in Libor case: sources
By Katharina Bart and Huw Jones ZURICH/LONDON | Fri Dec 14, 2012 5:24pm EST ZURICH/LONDON (Reuters) – UBS (UBSN.VX) will admit to criminal wrongdoing by its Japanese arm, where one… Read more
Best Buy extends deadline for founder bid
By Dhanya Skariachan and Nivedita Bhattacharjee Fri Dec 14, 2012 11:09am EST (Reuters) – Best Buy Co Inc (BBY.N) agreed to extend the deadline to February 28 for founder Richard… Read more
Buffett to Tribune owners – Call me!
Fri Dec 14, 2012 11:01am EST (Reuters) – Warren Buffett is mulling the prospect of owning at least one of Tribune Co’s newspapers. Buffett told The Morning Call in Allentown,… Read more
Banks fend off attacks designed to disrupt online banking access
By Jim Finkle and Rick Rothacker BOSTON/CHARLOTTE, North Carolina | Fri Dec 14, 2012 10:44am EST BOSTON/CHARLOTTE, North Carolina (Reuters) – Bank of America Corp, JPMorgan Chase & Co and… Read more
Factories flex muscle, inflation subdued
By Lucia Mutikani WASHINGTON | Fri Dec 14, 2012 10:41am EST WASHINGTON (Reuters) – Factory output posted its sharpest increase in nearly a year in November as auto production staged… Read more
Bank of America sues MBIA over bond tender interference
By Karen Freifeld Fri Dec 14, 2012 10:37am EST (Reuters) – Bank of America Corp (BAC.N) has sued bond insurer MBIA Inc (MBI.N) in a New York state court for… Read more
Wall Street steady on "cliff" apprehension, Apple drops
By Leah Schnurr NEW YORK | Fri Dec 14, 2012 10:23am EST NEW YORK (Reuters) – Stocks were little changed on Friday, with the Nasdaq weighed by a 3-percent drop… Read more
Southwest Airlines plans new fees to aid revenue in 2013
Fri Dec 14, 2012 10:18am EST (Reuters) – Southwest Airlines, known for its popular “bags fly free” policy, said it will implement new travel fees next year as part of… Read more
Best Buy extends deadline for Schulze bid
Fri Dec 14, 2012 10:04am EST (Reuters) – Best Buy Co Inc (BBY.N) agreed to extend the deadline to February 28 for founder Richard Schulze to make a bid for… Read more
UBS faces $1 billion fine for Libor rigging: source
By Huw Jones LONDON | Fri Dec 14, 2012 10:02am EST LONDON (Reuters) – Swiss bank UBS (UBSN.VX) is expected to pay about $1 billion to settle charges of rigging… Read more
Fed hawks take aim at central bank’s latest policies
By Alister Bull and Ann Saphir WASHINGTON/CHICAGO | Fri Dec 14, 2012 9:51am EST WASHINGTON/CHICAGO (Reuters) – Two top Federal Reserve officials on Friday raised questions about the U.S. central… Read more
Apple shares open down 3.9 percent, UBS cuts price target
By Himank Sharma Fri Dec 14, 2012 11:03am EST (Reuters) – Apple Inc shares fell 3.9 percent on Friday after the iPhone 5 debuted in China to a cool reception… Read more
Coffee container theft on the rise in Costa Rica
Costa Rican coffee exporters have decided to team up against what they consider organized crime, which causes losses over $3 million. For over a year, criminal gangs have been stealing… Read more
Best Buy founder to make $5-$6 billion bid: report
Thu Dec 13, 2012 10:41am EST (Reuters) – Best Buy Co Inc (BBY.N) founder Richard Schulze is expected to make a fully financed offer to buy the consumer electronics retailer… Read more
Banking deal boosts EU leaders in fighting crisis
By John O’Donnell and Andreas Rinke BRUSSELS | Thu Dec 13, 2012 10:32am EST BRUSSELS (Reuters) – European governments reached a landmark deal on Thursday that gives the European Central… Read more
Jobless claims point to labor recovery momentum
By Jason Lange WASHINGTON | Thu Dec 13, 2012 10:28am EST WASHINGTON (Reuters) – New jobless claims fell sharply last week to a near four-year low and retail sales rebounded… Read more
