WASHINGTON/MEXICO CITY (Reuters) - The International Monetary Fund is seeking to more than double its war chest by raising $600 billion in new resources to help countries deal with the fallout of the euro zone debt crisis, but the United States and other countries are throwing up roadblocks.
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Published News » Business News
IMF seeks more funds
Posted by ReutersNews 124 days ago (http://feeds.reuters.com)Kodak preparing to name restructuring officer: report
Posted by ReutersNews 124 days ago (http://feeds.reuters.com)
(Reuters) - Eastman Kodak Co is preparing to name a chief restructuring officer as it looks for ways to raise financing to keep the company in business during bankruptcy proceedings, the Wall Street Journal reported, citing people familiar with the matter.
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EBay cautious in short run as Europe weighs
Posted by ReutersNews 124 days ago (http://feeds.reuters.com)
SAN FRANCISCO (Reuters) - EBay Inc gave a conservative quarterly sales forecast despite unveiling better-than-expected results, warning that a weak European economy may take the gloss off rip-roaring growth in online commerce.
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Wall Street gains 1 percent as IMF gives Europe hope
Posted by ReutersNews 124 days ago (http://feeds.reuters.com)
NEW YORK (Reuters) - Stocks jumped to their highest since July on Wednesday as the International Monetary Fund sought to help countries hit by the European debt crisis, while forecast-beating earnings from Goldman Sachs dispelled some worries over bank profits.
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NIKON MH-16 Charger, NIKON MH-16 Battery Charger
Posted by jinnet 124 days ago (http://www.iibattery.com)
NIKON MH-16 Charger is a Best Charger at best price. The NIKON MH-16 Charger here can 100% compatible with the NIKON MH-16 Battery Charger. Please ensure NIKON MH-16 Charger that you are going to buy fits the brand, model and part number of your device. And our product(NIKON MH-16 Charger) has been tested and validated
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Carnival and cruise sector count cost of disaster
Posted by ReutersNews 126 days ago (http://feeds.reuters.com)
LONDON (Reuters) - The cruise ship industry faces an uphill task to restore confidence among customers spooked by images of the stricken Costa Concordia flipped on its side in Italian waters on Monday and could suffer a hit to sales in a key booking period.
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Retailers in for steady, modest growth in 2012
Posted by ReutersNews 126 days ago (http://feeds.reuters.com)
NEW YORK/CHICAGO (Reuters) - Hopefully, retailers liked 2011, because 2012 is looking like it will offer more of the same.
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Morgan Stanley to cap, defer cash payouts: report
Posted by ReutersNews 126 days ago (http://feeds.reuters.com)
PHILADELPHIA (Reuters) - Investment bank Morgan Stanley plans to tell employees this week that bonuses will drop, with cash payouts capped for now at $125,000, The Wall Street Journal reported on Monday.
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China GDP at 2-1/2 year low but beats forecast
Posted by ReutersNews 126 days ago (http://feeds.reuters.com)
BEIJING (Reuters) - China's economy grew at its weakest pace in 2- years in the latest quarter, and it appeared headed for an even sharper slowdown in the coming months as export demand fades and the housing market falters.
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Asian shares steady as China data eyed
Posted by ReutersNews 126 days ago (http://feeds.reuters.com)
TOKYO (Reuters) - Asian shares inched higher and the euro stayed above a 17-month trough on Tuesday as investors focused on economic data from China to gauge the impact of the euro zone debt crisis on global growth.
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Bank of America, Goldman results likely to beat: StarMine
Posted by ReutersNews 128 days ago (http://feeds.reuters.com)
NEW YORK (Reuters) - Bank of America , Goldman Sachs and Citigroup could be among companies that beat estimates when they report next week, Thomson Reuters StarMine forecasts show.
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BofA told Fed it could sell branches in emergency: source
Posted by ReutersNews 128 days ago (http://feeds.reuters.com)
(Reuters) - Bank of America Corp told Federal Reserve officials in June that it could shed branches in some parts of the country if it needed to raise capital in an emergency, a person familiar with the matter said.
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SNB official says Hildebrand scandal a one-off: report
Posted by ReutersNews 128 days ago (http://feeds.reuters.com)
ZURICH (Reuters) - The head of the council that supervises the Swiss central bank does not expect any irregularities to be uncovered by an audit of board members initiated after the scandal that cost Philipp Hildebrand his job as chairman, a newspaper reported.
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JPMorgan could lose $5 billion from PIIGS exposure: report
Posted by ReutersNews 128 days ago (http://feeds.reuters.com)
MILAN (Reuters) - JPMorgan Chase & Co could lose up to $5 billion from its exposure to Portugal, Ireland, Italy, Greece and Spain, Chief Executive Jamie Dimon said in an interview with Class CNBC, carried in Italian newspaper Milano Finanza on Saturday.
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