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Reuters: Business News
  • Toyota cuts 2009 global sales forecast
    TOKYO (Reuters) - Toyota Motor Corp said on Thursday it would miss its goal of selling more than 10 million vehicles next year, lowering its forecast by nearly 7 percent to account for a severe downturn in Western markets driven by high fuel prices and a credit crunch.

  • Three Fannie Mae execs out, shares rally earlier
    NEW YORK (Reuters) - Fannie Mae , the biggest U.S. mortgage finance company, on Wednesday announced a shake-up of top executives, including the exit of its chief financial officer, in an effort to better implement a plan to preserve capital and cut losses.

  • Starbucks top brass to receive no raise next year
    NEW YORK (Reuters) - Top executives at Starbucks Corp including Chairman and Chief Executive Howard Schultz will not be getting raises anytime soon, after the coffee chain's first-ever quarterly loss as a public company.

  • American Media may refinance $570 million debt: report
    (Reuters) - Struggling tabloid publisher American Media Inc has secured the backing of many of its creditors for a new bond offering to refinance $570 million in existing debt, the Wall Street Journal said.

  • Fed's Lockhart urges patience amid strained markets
    ATLANTA (Reuters) - The Federal Reserve must be "very vigilant" amid strained financial markets while exercising patience over interest rates as it waits for inflation to ease, a top Fed policy-maker said on Wednesday.

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.
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