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Japan to take control of Tepco after Fukushima crisisJapan to take control of Tepco after Fukushima crisis

[2012-05-09 12:17:00]
TOKYO (Reuters) - Japanese Trade Minister Yukio Edano approved on Wednesday a business turnaround plan for Tokyo Electric Power Co , the...

Demonstrators targeting BofA annual meetingDemonstrators targeting BofA annual meeting

[2012-05-09 12:17:00]
CHARLOTTE, North Carolina (Reuters) - Demonstrators are expected to swarm Bank of America Corp's annual shareholder meeting on Wednesday to voice anger...

Stock index futures signal weaknessStock index futures signal weakness

[2012-05-09 12:17:00]
LONDON (Reuters) - Stock index futures pointed to a lower open on Wall Street on Wednesday, with futures for the S&P 500...

Hedge funds may be allowed direct access to China marketsHedge funds may be allowed direct access to China markets

[2012-05-09 12:00:00]
SHANGHAI/HONG KONG (Reuters) - A proposed plan by China's regulators could allow hedge funds, for the first time, to directly trade in...

Analysis: Turning point emerges for Chinese central bank's market operationsAnalysis: Turning point emerges for Chinese central bank's market operations

[2012-05-09 12:00:00]
SHANGHAI (Reuters) - China's central bank is changing the way it conducts monetary policy as the world's second-largest economy looks inward for...

Cameron says Euro needs single government: reportCameron says Euro needs single government: report

[2012-05-09 12:00:00]
LONDON (Reuters) - A successful euro zone requires a single government if it is to work properly, British Prime Minister David Cameron...

Disney earnings rise despite Disney earnings rise despite "John Carter" loss

[2012-05-09 12:00:00]
LOS ANGELES (Reuters) - Walt Disney Co's quarterly earnings beat Wall Street expectations as profit rose 21 percent despite a loss from...

UK's Prudential gets Asia sales boostUK's Prudential gets Asia sales boost

[2012-05-09 12:00:00]
LONDON (Reuters) - Prudential , Britain's No. 1 insurer, reported a better-than-expected 9 percent increase in its first quarter sales, with continued...

GSK to go hostile with $2.6 billion Human Genome tenderGSK to go hostile with $2.6 billion Human Genome tender

[2012-05-09 12:00:00]
LONDON (Reuters) - GlaxoSmithKline will take its $2.6 billion bid for Human Genome Sciences direct to shareholders this week, after its takeover...

Toyota to treble profit this year, trim costsToyota to treble profit this year, trim costs

[2012-05-09 12:00:00]
TOKYO (Reuters) - Toyota Motor Corp expects to treble its operating profit this year to more than $12.5 billion, its highest since...

Spain wants banks to find an extra $45 billion: sourcesSpain wants banks to find an extra $45 billion: sources

[2012-05-09 12:00:00]
MADRID (Reuters) - Spain will demand banks set aside another 35 billion euros ($45 billion) against loans to builders, financial sources said,...

Exclusive: Chesapeake CEO arranged new $450 million loan from financierExclusive: Chesapeake CEO arranged new $450 million loan from financier

[2012-05-09 12:00:00]
(Reuters) - In the weeks before Chesapeake Energy CEO Aubrey McClendon was stripped of his chairmanship over his personal financial dealings, he...

Greek drama pressures euro, commoditiesGreek drama pressures euro, commodities

[2012-05-09 12:00:00]
LONDON (Reuters) - The euro sank to near 15-week lows on Wednesday and commodity prices fell as political disarray in Greece deepened...

Insight: When the Exxon way stops workingInsight: When the Exxon way stops working

[2012-05-08 12:53:00]
London (Reuters) - When Exxon boss Rex Tillerson walked into a meeting with the President of Ghana on the sidelines of the...

Exclusive: After McClendon's trades, Chesapeake board gave blessingExclusive: After McClendon's trades, Chesapeake board gave blessing

[2012-05-08 12:36:00]
NEW YORK (Reuters) - In its latest employment contract with CEO Aubrey McClendon, Chesapeake Energy Corp gave him permission to trade commodities...

Marubeni close to buying Gavilon for $5.2 billion: sourceMarubeni close to buying Gavilon for $5.2 billion: source

[2012-05-08 12:00:00]
TOKYO (Reuters) - Marubeni Corp is in advanced talks to buy U.S. grain and energy trader Gavilon for about $5.2 billion including...

Saudi's Naimi says kingdom pumping 10 million bpdSaudi's Naimi says kingdom pumping 10 million bpd

[2012-05-08 12:00:00]
TOKYO (Reuters) - Top oil exporter Saudi Arabia is pumping at around 10 million barrels per day (bpd), and is storing 80...

America Movil offers $4.2 billion for KPN stakeAmerica Movil offers $4.2 billion for KPN stake

[2012-05-08 12:00:00]
AMSTERDAM (Reuters) - America Movil, the telecoms group controlled by Mexican tycoon Carlos Slim, offered to buy a stake worth up to...

U.S. could make $15.1 billion on AIG bailout: GAOU.S. could make $15.1 billion on AIG bailout: GAO

[2012-05-08 12:00:00]
WASHINGTON (Reuters) - Taxpayers could realize a profit of more than $15.1 billion from the massive government bailout of insurer American International...

Fed's Dudley urges more global policy coordinationFed's Dudley urges more global policy coordination

[2012-05-08 12:00:00]
(Reuters) - The U.S. Federal Reserve's new inflation target is an example of the kind of steps policymakers globally should take to...



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