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Mar
12
2010
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World News

  • Obama to tap Yellen for Fed vice chair: source 0:41 (GMT) - 12.03.2010

    WASHINGTON (Reuters) - President Barack Obama plans to nominate San Francisco Federal Reserve Bank President Janet Yellen, a respected policy dove, to be vice chairman of the central bank, a source familiar with the process said on Thursday.

  • Asia stocks head for 5th week of gains 23:40 (GMT) - 11.03.2010

    SINGAPORE (Reuters) - Asian stocks edged up on Friday, heading for a fifth straight week of rises, with energy stocks firm as oil held above $82 a barrel and financials ticking higher after U.S. talks to force broad banking reform collapsed.

  • Toyota discounts boost sales 22:18 (GMT) - 11.03.2010

    DETROIT/WASHINGTON (Reuters) - Unprecedented discounts after a series of damaging recalls boosted Toyota Motor Corp's U.S. sales in early March, as U.S. regulators weighed new auto safety measures.

  • S&P 500 hits 17-month high as banks lift Wall Street 21:32 (GMT) - 11.03.2010

    NEW YORK (Reuters) - The S&P 500 hit a 17-month closing high as rising bank shares led a late rally that lifted stocks on Thursday, more than offsetting worries China may move to cool its overheating economy.

  • Examiner sees accounting gimmicks in Lehman demise 21:11 (GMT) - 11.03.2010

    NEW YORK (Reuters) - Lehman Brothers Holdings Inc used accounting gimmicks and had been insolvent for weeks before it filed for bankruptcy in September 2008, but there was not extensive wrongdoing, a court-appointed examiner has found.