Suzuki plans new India factory
Japan's Suzuki will build its fourth Indian plant, boosting output to 1.5 million cars annually in one of the world's fastest growing markets. Dan Sloan reports.
Categories: Financial Media
Bankers gather to assure industry is on right track
FRANKFURT (Reuters) - Top executives from some of the world's leading banks are due to gather for a conference in Frankfurt later this week as lenders seek to avoid what they see as overly harsh regulation following the global financial crisis.
Categories: Financial Media
China allows insurers to invest in PE, property
SHANGHAI (Reuters) - China will allow insurers to broaden their investment channels into private equity and real estate, a long-awaited move that could unleash as much as $100 billion worth of fresh funding into unlisted firms and the property sector.
Categories: Financial Media
China may relax capital rules for QDII funds: report
SHANGHAI (Reuters) - China plans to relax rules to allow smaller fund houses to launch overseas investment products, the Securities Times reported on Monday, citing an unnamed source.
Categories: Financial Media
Helium shortage threatens MRI future
Sept. 6 - Experts warn that helium supplies could run out by 2020, affecting more than just the party balloon.
Categories: Financial Media
UK wants to stop GSK's Avandia sales
Sept. 6 - British drug regulators call for GlaxoSmithKline's diabetes drug Avandia to be pulled from sale due to concerns about heart risks, as the EU reviews the drug's safety.
Categories: Financial Media
China allows insurers to invest in private equity, real estate
SHANGHAI (Reuters) - China will allow insurers to broaden investment channels into private equity and real estate, a move that could unleash as much as $100 billion worth of fresh funding into unlisted firms and the property sector.
Categories: Financial Media
China allows insurers to invest in private equity, real estate
SHANGHAI (Reuters) - China's insurance regulator published detailed rules late on Sunday allowing insurers to invest in private equity and real estate.
Categories: Financial Media
What might make the Fed flinch?
WASHINGTON (Reuters) - The U.S. economy appears to be trudging along, neither booming nor busting, growing steadily enough to diminish double-dip recession fears but not quickly enough to bring down unemployment.
Categories: Financial Media
Debt levels should fall after pre-crisis jump: BIS
LONDON (Reuters) - Debt levels that ran up ahead of the financial crisis have shown only a modest decline since and are likely to fall sharply in the coming years, a study said.
Categories: Financial Media
Taxpayers may face initial loss on GM IPO: sources
NEW YORK/DETROIT (Reuters) - The U.S. government is likely to take a loss on General Motors Co in the first offering of the automaker's stock, six people familiar with preparations for the landmark IPO said.
Categories: Financial Media
IMF's Lipsky says moderate world recovery underway
GWANGJU, South Korea (Reuters) - The world economy is recovering moderately but still faces challenges such as the need for medium-term fiscal consolidation, the IMF's First Managing Director, John Lipsky, said on Sunday.
Categories: Financial Media
Obama says his economic policies halted "bleeding"
WASHINGTON (Reuters) - President Barack Obama, previewing a big push on the U.S. economy next week, on Saturday defended policies that he said "have stopped the bleeding" and put the middle class on the road to recovery.
Categories: Financial Media
Venezuela OKs payment for French retailer Casino
CARACAS (Reuters) - Venezuelan President Hugo Chavez has approved a $690 million payment to French retailer Casino and other owners of a supermarket chain nationalized earlier this year, state media said on Saturday.
Categories: Financial Media
Entrepreneur's Edge: IdeaPaint
Reuters Small Business presents expansion pitches from upstarts across the country. Feeling limited by the space of a white board while brainstorming, IdeaPaint founders turned the problem into a college dorm-room start-up. Here's their pitch:
Categories: Financial Media
Obama says his economic policies halted "bleeding"
WASHINGTON (Reuters) - President Barack Obama, previewing a big push on the U.S. economy next week, on Saturday defended policies that he said "have stopped the bleeding" and put the middle class on the road to recovery.
Categories: Financial Media
Obama: Stimulus healed economy
U.S. President Barack Obama said his economic stimulus plan help stop the economic "bleeding." Deborah Lutterbeck reports
Categories: Financial Media
G20 members agree economic recovery to continue
GWANGJU, South Korea (Reuters) - G20 delegates agreed on Saturday global economic recovery would endure although the speed of expansion may slow, a South Korean official said.
Categories: Financial Media
Japan Noda warns on yen, suggests joint steps difficult
TOKYO (Reuters) - Japanese Finance Minister Yoshihiko Noda said on Saturday Tokyo would take decisive steps to stem the yen's rise when needed, while suggesting that coordinated currency market intervention was a difficult option.
Categories: Financial Media
Anglo Irish Bank to be "decommissioned": minister
DUBLIN (Reuters) - Nationalized Anglo Irish Bank will be "decommissioned," with a decision on its fate expected within a few weeks, a junior government minister was quoted on Saturday as saying.
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