Posts by: US Business Editor

Most European stocks head into positive territory on Monday, after manufacturing data from the U.S. show an improvement in March, while losses for banks weighed on sentiment.

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American manufacturers expanded at a somewhat faster pace in March and most industries experienced growth, according to a closely followed survey.

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(Reuters) – Beauty company Coty Inc said on Monday that it had offered to buy Avon Products Inc for $10 billion and was willing to raise the price, but the bid …

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Most European markets decline Thursday, with banks in the lead, after economic sentiment data for the euro zone slipped unexpectedly and U.S. jobless claims were revised upwards.

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The number of Americans who sought jobless benefits last week fell by 5,000 to 359,000 under the government’s newly revised formula for counting applications.

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Shares of UE E&C Ltd jumped as much as 5 percent to a record high, on expectations the construction and engineering firm will pay attractive dividends and its expansion into property …

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GENEVA, March 21 (Reuters) – The aviation industry generates and supports over 56 million jobs around the world as well as enough economic wealth to make it the 19th largest global economy, if …

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Russian state-controlled oil company OAO Rosneft (ROSN.RS) said Thursday it closed a deal to buy a 35.5% stake in the Taas-Yuryakh project in East Siberia for $…

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Shares of Apple Inc. reached $600 for the first time ever Thursday morning.

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WASHINGTON (Reuters) – The number of Americans claiming new jobless benefits fell back to a four-year low last week and manufacturing in the Northeast held up in March, providing more …

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The European primary bond market was muted Thursday with only a handful of deals emerging, while the cost of insuring European debt against default was mostly higher.

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March 14 (Reuters) – Fannie Mae, the largest U.S. home funding source, said on Wednesday it sold $500 million of benchmark bills at higher interest rates compared with last week’s sales …

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NEW YORK, March 14 (Reuters) – U.S. stocks were largely flat on Wednesday as investors balanced comments from the U.S. Federal Reserve on the economy and banking sector against the …

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WASHINGTON (Reuters) – Import prices rose in February on sharply higher petroleum costs, but there were little signs of underlying imported inflation pressures as food prices posted their largest…

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Accused of “cramming”, Verizon has settled a class action lawsuit recently. The claims were that they were placing chargers on phone bills without permission.

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Greece and their financial crisis has not let up. This news is seeing US futures drop, and China trimming its growth forecast.

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Something very unsurprising: gas prices have rising 15 percent because of excessive speculation. In other news, women allowed to vote.

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The numbers reported today will have a huge effect on the market, being as the Labor Department releases the jobs numbers. Many are hoping to see a positive coming from the sector of jobs.

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