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Reuters: Business News
  • Markets await Bernanke as central bankers gather
    JACKSON HOLE, Wyoming (Reuters) - Federal Reserve Chairman Ben Bernanke tackles financial stability in a key speech on Friday but economists doubt he will provide solid clues about future policy action to calm the credit crunch.

  • Fannie and Freddie debt gains, deep share dive abates
    NEW YORK (Reuters) - Investors' growing belief in the likelihood of a federal bailout of home-funding giants Fannie Mae and Freddie Mac triggered a rally in the debt prices of the two companies on Thursday while a steep fall in their shares prices abated.

  • Firms settle auction-rate probes; but more to come
    NEW YORK (Reuters) - Three of Wall Street's top investment banks agreed to pay millions of dollars in fines and buy back billions of dollars in frozen, illiquid securities after U.S. regulators reached settlements over the way the firms sold auction-rate securities.

  • Oil up 5 percent on global tensions, soft dollar
    NEW YORK (Reuters) - Oil prices rose nearly 5 percent on Thursday, the biggest percentage gain in more than two months, driven by rising tensions between the United States and energy behemoth Russia.

  • Gap profit beats Street, PacSun disappoints
    SAN FRANCISCO (Reuters) - Gap Inc reported a 50 percent jump in quarterly net income on Thursday, beating Wall Street estimates, as cost-cutting, lower inventories and other moves that boosted profit offset declining sales at its family of clothing stores.

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.

  • Japan nuclear accident impact
    July 31 - Japan's killer earthquake left its biggest nuclear power company facing financial losses, supply questions, and demands for greater safety.
  • Asia up as US fears ease
    July 31 - Asian stocks rose on Tuesday after a rebound on Wall Street, with the focus on earnings as credit fears eased.
  • Transformers hit Japan
    Jul. 23 - The movie "Transformers" comes to Tokyo this week, a homecoming of sorts for the toy-robot film that earned over $260 million in three weeks in North America.
  • Zoellick heads to Asia
    Jul. 26 - Newly appointed World Bank President Robert Zoellick will travel to Asia next week.
  • Market's bumpy ride continues
    Jul. 30 - European markets experienced a up and down start to the week on Monday, while HSBC's results surprised.
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