Mon,11 Jul 2011 11:55 PM PDT
Reuters -
SAN FRANCISCO (Reuters) - Apple Inc's chief patent counsel will soon leave the company, according to a source familiar with the situation. SINGAPORE (Reuters) - The euro declined to a four-month low on Tuesday after new IMF Managing Director Christine Lagarde said the fund was not yet ready to discuss terms of a second Greek bailout, while equity markets tumbled on concerns more countries will be engulfed by the euro zone's debt problems. |
Peabody, ArcelorMittal $5 billion Macarthur bid on firm footing Mon,11 Jul 2011 11:29 PM PDT Reuters -  MELBOURNE (Reuters) - Peabody Energy and ArcelorMittal are likely to succeed with their $5 billion takeover offer for Macarthur Coal , investors bet on Tuesday, driving up shares in the world's biggest producer of pulverized coal by 37 percent. |
Analysis: China may lean on rate rises to fight inflation Mon,11 Jul 2011 11:18 PM PDT Reuters - BEIJING (Reuters) - To date, China has been wary of leaning heavily on interest rate rises to combat inflation. But to tackle what Beijing just called its "most prominent" economic problem, that's likely to change. Full Story |
China bank lending quickens; fans rate risk Mon,11 Jul 2011 11:02 PM PDT Reuters - BEIJING (Reuters) - China's bank lending and money growth expanded faster than expected in June as loan demand remained buoyant, adding to the case for further monetary policy tightening. Full Story |
TSX dives to 1-week low on euro zone worries Mon,11 Jul 2011 10:20 PM PDT Reuters - TORONTO (Reuters) - The TSX closed at its lowest level in more than a week on Monday, dragged down by fears that the euro zone debt crisis could intensify and by weaker oil prices. Full Story |
 LONDON (Reuters) - Allegations that former British prime minister Gordon Brown was a target of illegal data gathering by Rupert Murdoch's newspapers piled pressure on the media baron as he tried to prevent investors pulling out of his News Corp empire. |
 BRUSSELS (Reuters) - Euro zone finance ministers promised cheaper loans, longer maturities and a more flexible rescue fund to help Greece and other EU debtors in a bid to stop financial contagion engulfing Italy and Spain. |
Timeline: The debt debate Mon,11 Jul 2011 10:12 PM PDT Reuters - (Reuters) - President Barack Obama and top lawmakers will meet again on Monday in search of a deal on slashing the budget deficit and raising the $14.3 trillion debt ceiling before the United States defaults. Full Story |
Q+A: State of play in debt and deficit talks Mon,11 Jul 2011 10:10 PM PDT Reuters - WASHINGTON (Reuters) - Budget talks between President Barack Obama and top Republicans have entered a critical phase this week as they try to end a standoff over raising the government's borrowing limit. Full Story |
 WASHINGTON (Reuters) - President Barack Obama and congressional leaders, struggling to break an impasse over taxes and spending cuts, will regroup on Tuesday to seek common ground for a deal to avoid a looming debt default. |
 TOKYO (Reuters) - The Bank of Japan kept monetary policy on hold and revised up its assessment of the economy on Tuesday, encouraged by a rebound in factory output and increasing signs that the recovery from the devastating March earthquake is broadening. |
IMF chief: not ready to talk about new Greek bailout Mon,11 Jul 2011 10:01 PM PDT Reuters - WASHINGTON (Reuters) - The IMF and its European partners are not yet ready to discuss terms of a second Greek bailout, IMF Managing Director Christine Lagarde said on Monday, urging Athens to do more to deal with its debt crisis. Full Story |
 CHICAGO (Reuters) - Retailers have cash on their balance sheets and nearly half of 100 top retail executives said they are planning to spend it on technology, a survey said on Tuesday. |
"Class" creators sue CAA for cutting into profits Mon,11 Jul 2011 05:34 PM PDT Reuters - NEW YORK (TheWrap) - The creators of the hit sitcom "Head of the Class" sued talent agent CAA on Monday, accusing the company of making its own side deals that cut into their profits from the two-decade-old show. Full Story |
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