|
Business
|
Gov. Arnold Schwarzenegger says California could face a budget deficit that approaches a dizzying $20 billion through June 2009. |
|
|
Reuters: Business News
|
-
Citigroup aims to sell $400 billion of assets
PHILADELPHIA (Reuters) - Citigroup Inc, the largest U.S. bank, said on Friday said it aims to shed $400 billion of assets over the next two to three years, in a drive to become more efficient.

-
Wall Street set to stumble on AIG loss
NEW YORK (Reuters) - Stock index futures fell on Friday, with financial stocks poised to decline after American International Group , the world's largest insurer, reported a larger-than-expected record loss.

-
U.S. crude futures jump more than $2, above $126
NEW YORK (Reuters) - U.S. crude futures jumped more than $2 to a record high above $126 on Friday, fueled by fund buying and surging distillate prices on both sides of the Atlantic, according to traders.

-
March trade gap narrows more than expected
WASHINGTON (Reuters) - The trade deficit narrowed more than expected in March on a record plunge in the value of imports, even as average oil prices surged to a new record, a Commerce Department report on Friday showed.

-
AIG sees market affecting mortgage units into 2009
NEW YORK (Reuters) - American International Group sees weak market conditions in the U.S. residential market affecting its operating results at two mortgage units into 2009, its chief executive said on Friday.

|
|
|
Reuters TV: Business
|
|
Comprehensive coverage of stories that are currently moving the financial markets around the world. Coverage includes breaking news, market reports, newsmaker interviews and key company profiles. |
-
Ethical = profitable?
Mar. 30 - A new wave of eco-friendly entrepreneurs are carving out niches for their ethical businesses.
-
Stocks mixed in cautious trade
Mar. 22 - U.S. stocks finished narrowly mixed on Thursday as investors juggled profit warnings, rising energy costs and uncertainty about the direction of interest rates.
-
Asia rises on oil price gains
Mar 30 - Asian markets rallied on Friday as oil prices climbed above US$66 a barrel.
-
Japan land market blooms
Mar 30 - Japanese real estate is blooming again, with a new Tokyo development launching Friday.
-
Author Amy Tan on China
Mar 26 - China continues to grow at breakneck speed, despite government policies to curb the pace of expansion.
|
|
|
|