China growth tops forecast, inflation fight goes on Tue,12 Jul 2011 09:37 PM PDT Reuters - BEIJING (Reuters) - China's economy slowed less sharply than expected in the second quarter and Beijing said corralling inflation remained its top priority even though a "complex and volatile" global economy clouded the outlook. Full Story |
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Bear Creek files suit in Peru over mine Tue,12 Jul 2011 07:11 PM PDT Reuters - LIMA (Reuters) - Canadian miner Bear Creek said on Tuesday it had filed for a legal injunction to regain its license for a mining concession in southern Peru after the government canceled it to calm protests by indigenous groups. Full Story | |
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Electronic Arts buying PopCap Games for up to $1.3 billion Tue,12 Jul 2011 04:38 PM PDT Reuters - NEW YORK (Reuters) - Electronic Arts Inc , the video game publisher, is buying PopCap Games in a deal worth up to $1.3 billion as it tries to ramp up its social and casual games portfolio and better compete with Zynga Inc. Full Story | |
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PIMCO's Gross raises Treasuries in flagship fund Tue,12 Jul 2011 03:25 PM PDT Reuters - NEW YORK (Reuters) - Bill Gross, the manager of the world's largest bond fund, has soured further on the economic outlook and has jacked up buying of U.S. Treasuries in June, according to PIMCO's website on Tuesday. Full Story | |
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Risks growing on sharing European bailout: Moody's Tue,12 Jul 2011 03:21 PM PDT Reuters - NEW YORK (Reuters) - Risks that private creditors will be required to share the burden of future euro zone bailouts have been growing in the past few days, further weighing on the ratings of Ireland, Portugal and Greece, Moody's Investors Service said on Tuesday.Full Story | |
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