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France plans €35bn 'national loan' for industry

20 Nov 2009, 2:16PM

The French public appear to be less than enthusiastic for a scheme to loan French industry €35bn.Read more

India eyes move to plastic money

20 Nov 2009, 12:29PM

India's central bank is planning to introduce 'plastic' notes, as the current ones quickly become too shabby to be of value and are refused by vendors. Read more

US economy rebounds 'at heavy cost'

20 Nov 2009, 7:56AM

The US economy is recovering much faster than expected but with heavy toll on public finances, the OECD has warned. Read more

Blogs

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Black Friday deals may not signal retail comeback

21 Nov 2009, 7:18AM

CHICAGO (Reuters) - When the U.S. holiday shopping season kicks off on the day after Thanksgiving, retailers can expect to see millions of less frightened but even more bargain hungry customers cross their thresholds. Read more

Ex - Vivendi CEO Messier testifies: Losses not fraud

21 Nov 2009, 6:41AM

NEW YORK (Reuters) - Former Vivendi CEO Jean-Marie Messier told a U.S. jury he "never, never, never" committed fraud as he took the stand on Friday in a civil trial pitting international shareholders against the French conglomerate and former top executives. Read more

Rio's Cloud Peak IPO edges down, 3 other IPOs up

21 Nov 2009, 5:11AM

NEW YORK (Reuters) - Investors bet on growth on Friday, bumping up shares in two newly listed companies with strong trajectories while remaining neutral or down on two others whose prospects are murkier. Read more

Cautious optimism as job losses slow in U.S. states

21 Nov 2009, 4:57AM

WASHINGTON (Reuters) - The pace of job losses slowed in many U.S. states in October, and the unemployment rate slipped in hard-hit Michigan, the Labor Department said on Friday, hinting the recession may be easing in some areas. Read more

Rio Tinto unit Cloud Peak falls in NYSE debut

21 Nov 2009, 2:20AM

NEW YORK (Reuters) - Cloud Peak Energy Inc , a unit of Rio Tinto Plc, fell in its debut on the New York Stock Exchange on Friday after its shares priced below expectations in the U.S. coal miner's initial public offering. Read more

AnnTaylor profit tops Wall Street view

21 Nov 2009, 12:08AM

NEW YORK (Reuters) - AnnTaylor Stores Corp reported higher-than-expected quarterly earnings on Friday, as the retailer's lower inventory levels helped its gross margins. Read more

Bankers say crisis lessons must be taken to heart

21 Nov 2009, 12:00AM

FRANKFURT (Reuters) - Bankers and regulators should learn the lessons of the global financial crisis and drive through changes to prevent future breakdowns, financiers said on Friday. Read more

GE, Vivendi differ on NBCU valuation: report

20 Nov 2009, 10:06PM

PARIS/NEW YORK (Reuters) - General Electric and Vivendi are at least $1 billion apart in their valuation of the French group's stake in NBC Universal, the Financial Times said, dampening hopes of a swift sale. Read more

Big shareholders ask Goldman to cut bonuses: report

20 Nov 2009, 4:44PM

Although the shareholders were not pushing for a huge cut in the bonus pools, they feel that Goldman should better reward shareholders for this year's rebound, the paper said. Read more

GE, Vivendi $1 billion apart over NBC Universal stake: report

20 Nov 2009, 2:55PM

NEW YORK (Reuters) - General Electric and Vivendi are at least $1 billion apart in their valuation of the French group's stake in NBC Universal, the Financial Times said on Thursday. Read more