 NEW YORK (Reuters) - Stocks are likely to face more selling pressure next week as the Tuesday deadline draws near for raising the U.S. debt ceiling and Washington remains paralyzed by political brinkmanship. |
|
U.S. Gulf oil patch restores operations after Don
Sat,30 Jul 2011 10:14 AM PDT
Reuters - HOUSTON (Reuters) - Offshore oil and natural gas producers re-staffed their production platforms in the Gulf of Mexico on Saturday, the day after Tropical Storm Don made landfall on the south Texas coast. Full Story |
|
 BERLIN (Reuters) - German Finance Minister Wolfgang Schaeuble denied on Saturday that this month's Greek bailout deal paves the way for a future 'transfer union' in which euro zone countries are liable for each others' debts. |
|
 DUBLIN (Reuters) - A downgrade of sovereign debt would not necessarily have a big impact on financial markets, billionaire investor Wilbur Ross said. |
|
 NEW YORK (Reuters) - The debt negotiations are getting down to the wire. Republican and Democratic lawmakers are scrambling to broker a deal to raise the country's $14.3 trillion debt ceiling before Tuesday, when the Treasury will no longer be able to borrow funds to meet all of its obligations. It all means the United States could face the possibility of defaulting on its debt and losing its prized triple-A credit rating. |
|
 DUBLIN (Reuters) - Positive news from Ireland is prompting a growing number of investors to look at the troubled euro zone economy, said billionaire Wilbur Ross, who this week invested 300 million euros in its largest lender. |
|
 NEW YORK (Reuters) - The debt negotiations are getting down to the wire. Republican and Democratic lawmakers are scrambling to broker a deal to raise the country's $14.3 trillion debt ceiling before Tuesday, when the Treasury will no longer be able to borrow funds to meet all of its obligations. It all means the United States could face the possibility of defaulting on its debt and losing its prized triple-A credit rating. |
|
 NEW YORK (Reuters) - Stocks are likely to face more selling pressure next week as the Tuesday deadline draws near for raising the U.S. debt ceiling and Washington remains paralyzed by political brinkmanship. |
|
TSX dives on weak data, U.S. debt deadlock
Fri,29 Jul 2011 03:06 PM PDT
Reuters - TORONTO (Reuters) - Toronto's main stock index closed sharply lower on Friday, though off the one-month low it hit earlier in the day, as weak economic data and the U.S. debt crisis pushed investors to the safety of the sidelines. Full Story |
|
Debt crisis strains banks, threatens consumers
Fri,29 Jul 2011 02:46 PM PDT
Reuters - NEW YORK (Reuters) - The crisis over raising the debt ceiling may have been manufactured by politicians, as many on Wall Street charge, but its effect on consumers and the broader economy is likely to prove very real. Full Story |
|
 WASHINGTON (Reuters) - The economy stumbled badly in the first half of 2011 and came dangerously close to contracting in the January-March period, raising the risk of a recession if a standoff over the nation's debt does not end quickly. |
|
Arctic Glacier says lenders grant waivers
Fri,29 Jul 2011 02:30 PM PDT
Reuters - (Reuters) - Packaged ice maker Arctic Glacier Income Fund said it reached an agreement with its lenders to waive some covenants in its credit facilities, taking some heat off the debt-ridden company. Full Story |
|
 NEW YORK (Reuters) - Merck & Co Inc plans to cut another 12,000 to 13,000 jobs by late 2015 to wring out additional annual cost savings of up to $1.5 billion that can be plowed back into research and deal making. |
|
Ford hopes to avoid strike in labor talks
Fri,29 Jul 2011 02:27 PM PDT
Reuters - DEARBORN, Michigan (Reuters) - Ford Motor Co's labor chief said the U.S. automaker hopes to avoid a strike in its talks for a new labor deal with the United Auto Workers union, which officially began on Friday. Full Story |
|
 NEW YORK (Reuters) - Stocks ended the worst week in a year as time runs out on Washington to reach agreement before the government loses its ability to borrow money. |
|
No comments:
Post a Comment