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(Reuters) - Target Corp posted a higher adjusted quarterly profit as the retailer's sales rose during the holiday season. Read More »
LONDON/PARIS (Reuters) - Greece's debt problems drove a slew of heavy losses across the European banking sector on Thursday, and bosses warned the euro zone crisis would continue to threaten earnings. Read More »
(Reuters) - Shares of Hewlett-Packard Co were down 2 percent in premarket trading on Thursday after the world's No. 1 computer maker posted a sharp decline in quarterly earnings and warned it would take several years to turn around its sprawling businesses. Read More »
BRUSSELS (Reuters) - The euro zone's economy is heading into its second recession in just three years, while the wider European Union will stagnate, the EU's executive said on Thursday, warning that the currency area has yet to break its vicious cycle of debt. Read More »
NEW YORK (Reuters) - S&P 500 stock index futures pared gains but recovered quickly on Thursday after a report showed new U.S. claims for unemployment benefits were unchanged last week, holding at the lowest level since the early days of the 2007-2009 recession. Read More »
PARMA, Italy (Reuters) - Italy's central bank governor urged the government on Saturday to rapidly implement planned reforms and take further steps to support the euro zone's third-biggest economy, which he said would shrink by around 1.5 percent this year. Read More »
SHANGHAI/BEIJING (Reuters) - China's central bank cut the amount of cash banks must hold in reserves on Saturday, boosting lending capacity by an estimated 350-400 billion yuan ($55.6-$63.5 billion) in a bid to crank up credit creation as the world's second-biggest economy faces a fifth successive quarter of slowing growth. Read More »
REYKJAVIK (Reuters) - Iceland's Financial Surveillance Authority (FME) said on Saturday it had sacked director Gunnar Andersen following a report into his time as an executive at failed bank Landsbanki. Read More »
SHANGHAI/BEIJING (Reuters) - China's central bank cut the amount of cash banks must hold in reserves on Saturday, boosting lending capacity by an estimated 350-400 billion yuan ($55.6-$63.5 billion) in a bid to crank up credit creation as the world's second-biggest economy faces a fifth successive quarter of slowing growth. Read More »
WASHINGTON (Reuters) - President Barack Obama said on Tuesday he had seen "hopeful signs" that Congress would pass a payroll tax cut extension for the full year, as he kept pressure on lawmakers to take action he said was needed to keep the U.S. recovery on track. Read More »
WASHINGTON (Reuters) - There is a good chance the Federal Reserve will raise interest rates before the end of 2014, according to a Reuters poll which also showed a significant minority of economists still expect a further easing of monetary policy in coming months. Read More »
LONDON (Reuters) - Entering the fifth year of recession, Greece is writing its name in the book of unwanted records for one of the deepest economic slumps of modern times. Read More »
WASHINGTON (Reuters) - Retail sales picked up last month after a sluggish December, providing a firm foundation for the economy's recovery. Read More »
NEW YORK (Reuters) - Stocks erased losses to end little changed on Tuesday after a Greek government source said the conservative party leader was expected to deliver a letter of commitment to the country's international lenders. Read More »
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