Business News

Fri, May 18, 2012

Italy to keep debt profile outside riskier area

By Luca Trogni and Valentina Za

MILAN (Reuters) - The average lifespan of Italian debt, which has fallen during the euro zone crisis as investors ...

Fri, May 18, 2012

BMW eyes new production sites abroad: source

MUNICH (Reuters) - Premium carmaker BMW is considering new production sites around the world, with one option being Mexico, a person familiar with the situation ...

Fri, May 18, 2012

EU, ECB working on Greece exit contingency: trade commissioner

BRUSSELS (Reuters) - The European Commission and the European Central Bank are working on scenarios in case Greece has to leave the euro zone, EU ...

Fri, May 18, 2012

Analysis: China's towering metal stockpiles cast economic shadow

By Fayen Wong and Jane Lee

QINGDAO, China (Reuters) - When metals warehouses in top consumer China are so full that workers start stockpiling iron ...

Fri, May 18, 2012

Euro zone market turmoil to last 12-24 months: German finance minister

By Daniel Flynn

PARIS (Reuters) - Market turmoil over the euro zone crisis could last another 12 to 24 months, German Finance Minister Wolfgang Schaeuble ...

Fri, May 18, 2012

Spain hires Goldman Sachs to value Bankia: report

MADRID (Reuters) - The Spanish government has hired Goldman Sachs to carry out an independent valuation of Bankia , the ailing bank taken over by the ...

Fri, May 18, 2012

GE aims to double China JVs to around 56 in five years

HONG KONG (Reuters) - General Electric Co aims to double the number of joint ventures it has in China from the current 28 in roughly ...

Fri, May 18, 2012

China cries foul after U.S. sets tariffs on solar imports

By Matt Daily and Leonora Walet

(Reuters) - The United States imposed punitive tariffs on solar panel imports from China, the latest in a series ...

Thu, May 17, 2012

Analysis: JPMorgan CEO gets crisis marks but war isn't over

By Edith Honan

NEW YORK (Reuters) - Shooting from the hip may have got Jamie Dimon into deep trouble -- shooting straight may help to get ...

Thu, May 17, 2012

Pepsi drops sponsorship of horse show after video of animal abuse

By Tim Ghianni

NASHVILLE, Tennessee (Reuters) - Soft drink maker Pepsi said on Thursday that it was dropping sponsorship of a prestigious national horse show ...