Business News
With sparse data, focus returns to Europe

With sparse data, focus returns to Europe


By Chuck Mikolajczak NEW YORK (Reuters) - Europe will again be at the center of investors' focus this week as the U.S. earnings season passes the halfway mark and there is little on the...
With sparse data, focus returns to Europe

With sparse data, focus returns to Europe


By Chuck Mikolajczak NEW YORK (Reuters) - Europe will again be at the center of investors' focus this week as the U.S. earnings season passes the halfway mark and there is little on the...
With sparse data, focus returns to Europe

With sparse data, focus returns to Europe


By Chuck Mikolajczak NEW YORK (Reuters) - Europe will again be at the center of investors' focus this week as the U.S. earnings season passes the halfway mark and there is little on the...
Glencore, Xstrata hammering out final deal details

Glencore, Xstrata hammering out final deal details


By Clara Ferreira-Marques and Victoria Howley CAPE TOWN/LONDON (Reuters) - Top executives at trader Glencore <GLEN.L> and miner Xstrata <XTA.L> are hammering out the final details of an $80 billion tie-up to seal the...
Glencore, Xstrata hammering out final deal details

Glencore, Xstrata hammering out final deal details


By Clara Ferreira-Marques and Victoria Howley CAPE TOWN/LONDON (Reuters) - Top executives at trader Glencore <GLEN.L> and miner Xstrata <XTA.L> are hammering out the final details of an $80 billion tie-up to seal the...
Euro zone insists no Greek rescue without reforms

Euro zone insists no Greek rescue without reforms


By Jan Strupczewski BRUSSELS (Reuters) - Euro zone finance ministers told Greece it could not go ahead with an agreed deal to restructure privately held debt until it guaranteed to implement reforms to secure...
Euro zone insists no Greek rescue without reforms

Euro zone insists no Greek rescue without reforms


By Jan Strupczewski BRUSSELS (Reuters) - Euro zone finance ministers told Greece it could not go ahead with an agreed deal to restructure privately held debt until it guaranteed to implement reforms to secure...
Wen says China has stake in helping Europe

Wen says China has stake in helping Europe


BEIJING (Reuters) - China has a stake in helping euro zone countries get through their debt crisis, Chinese Premier Wen Jiabao said in comments published on Sunday, pointing to Europe's importance as a market and hinting at more possible support for beleaguered exporters. ...
China's Wen says country has stake in helping Europe

China's Wen says country has stake in helping Europe


BEIJING (Reuters) - China has a stake in helping the euro zone countries get through their debt crisis, Chinese Premier Wen Jiabao said in comments published on Sunday, pointing to Europe's importance as an export market and as a source of technology. ...
Olympus to hold shareholder meeting on April 20

Olympus to hold shareholder meeting on April 20


TOKYO (Reuters) - Japan's troubled Olympus Corp said on Sunday it will hold an extraordinary shareholders meeting on April 20, when it is expected to seek approval of a new management team. The maker...
Most Germans want Greece to quit euro: poll

Most Germans want Greece to quit euro: poll


BERLIN (Reuters) - The majority of Germans feel the euro currency bloc would be better off if debt-crippled Greece left it, a poll published in mass-selling newspaper Bild am Sonntag showed on Sunday. The...
Eurozone loses patience with Greece

Eurozone loses patience with Greece


By Jan Strupczewski BRUSSELS (Reuters) - Euro zone finance ministers told Greece on Saturday it could not go ahead with an agreed deal to restructure privately-held debt until it guaranteed it would implement reforms...
Eurogroup's Juncker warns of possible Greece default

Eurogroup's Juncker warns of possible Greece default


BERLIN (Reuters) - The possibility of a sovereign default by Greece cannot be ruled out, Jean-Claude Juncker, head of the Eurogroup of finance ministers from the single currency zone, said in a German magazine on Saturday. ...
Deutsche Boerse board member wants CEO out: paper

Deutsche Boerse board member wants CEO out: paper


FRANKFURT (Reuters) - Deutsche Boerse's <DB1Gn.DE> chief executive Reto Francioni should step down following the collapse of its $7.4 billion plan to merge with NYSE Euronext <NYX.N>, a member of the German exchange operator's supervisory board told a newspaper. ...
Hungary seeks 15-20 billion euro IMF/EU credit line: official

Hungary seeks 15-20 billion euro IMF/EU credit line: official


BUDAPEST (Reuters) - Hungary is seeking an international credit line of 15 to 20 billion ($20 to $26.3 billion) euros, the secretary of state heading the prime minister's office, Mihaly Varga, was quoted on Saturday as saying. ...
Wall Street analysts struggle to predict Apple

Wall Street analysts struggle to predict Apple


By Poornima Gupta and Noel Randewich SAN FRANCISCO (Reuters) - By day, Robert Leitao manages a Catholic church in Southern California. By night, he indulges his other passion: predicting Apple Inc's <AAPL.O> results. ...
Stanford had secret fund for bribes, yacht: witness

Stanford had secret fund for bribes, yacht: witness


By Anna Driver and Eileen O'Grady HOUSTON (Reuters) - Texas financier Allen Stanford drew on a secret Swiss bank account for personal expenses like yacht maintenance and to pay bribes, the government's top witness...
Analysis: Stock-picking makes a comeback as macro tides fade

Analysis: Stock-picking makes a comeback as macro tides fade


By David K. Randall and Edward Krudy NEW YORK (Reuters) - Stock-picking once again matters on Wall Street. ...
Analysis: Stock-picking makes a comeback as macro tides fade

Analysis: Stock-picking makes a comeback as macro tides fade


By David K. Randall and Edward Krudy NEW YORK (Reuters) - Stock-picking once again matters on Wall Street. ...
Micron appoints Durcan CEO after Appleton's death

Micron appoints Durcan CEO after Appleton's death


SAN FRANCISCO (Reuters) - Memory chipmaker Micron Technology's board appointed company veteran Mark Durcan as chief executive a day after longtime Chairman and CEO Steve Appleton was killed in a plane crash. Hours after...
Micron appoints Durcan CEO after Appleton's death

Micron appoints Durcan CEO after Appleton's death


SAN FRANCISCO (Reuters) - Memory chipmaker Micron Technology's board appointed company veteran Mark Durcan as chief executive a day after longtime Chairman and CEO Steve Appleton was killed in a plane crash. Hours after...
Micron appoints Durcan CEO after Appleton's death

Micron appoints Durcan CEO after Appleton's death


SAN FRANCISCO (Reuters) - Memory chipmaker Micron Technology's board appointed company veteran Mark Durcan as chief executive a day after longtime Chairman and CEO Steve Appleton was killed in a plane crash. Hours after...
Micron appoints Durcan CEO after Appleton's death

Micron appoints Durcan CEO after Appleton's death


SAN FRANCISCO (Reuters) - Memory chipmaker Micron Technology's board appointed company veteran Mark Durcan as chief executive a day after longtime Chairman and CEO Steve Appleton was killed in a plane crash. Hours after...
Micron CEO Appleton dies in plane crash

Micron CEO Appleton dies in plane crash


(Reuters) - Chipmaker Micron Technology <MU.O> said chief executive Steve Appleton died in a plane crash in Boise, Idaho. Fifty-one-year-old Appleton was Micron's CEO since September 1994. ...
Rivals swoop in as Hungary's Malev stops flying

Rivals swoop in as Hungary's Malev stops flying


By Marton Dunai and Gergely Szakacs BUDAPEST (Reuters) - Hungarian flag-carrier Malev <MALV.UL> ceased operating early on Friday after its planes were held overseas for unpaid debts, leaving a gap in the market that...