 WASHINGTON (Reuters) - The United States stepped back from the brink of default on Tuesday but congressional approval of a last-ditch deficit-cutting plan failed to dispel fears of a credit downgrade and future tax and spending feuds. |
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 NEW YORK (Reuters) - The United States had its triple-A rating confirmed by two key ratings agencies on Tuesday after Washington struck a last-minute deal to avoid a debt default, but threats of future downgrades remain. |
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 AMMAN (Reuters) - Syrian forces kept up attacks on Hama for a third day, residents said, while senators called on the Obama administration to impose tough new sanctions on Syria's energy sector. |
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 WASHINGTON (Reuters) - President Barack Obama suffered a defeat in the battle over raising the U.S. debt limit that may have repercussions for his efforts to restore growth to the U.S. economy and win re-election in 2012. |
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 NEW YORK (Reuters) - Goldman Sachs has stuck with the same auditing firm since 1926, Coca Cola since 1921, General Electric since 1909 and Procter & Gamble since 1890. That's going back 85, 90, 102 and 121 years. |
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 HONG KONG (Reuters) - Asia-focused Standard Chartered Bank Plc reported a market-beating 17 percent rise in first-half pretax profit on Wednesday, helped by strong growth in some key markets such as Hong Kong, keeping it on track for another year of record profits. |
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 CAIRO (Reuters) - Egypt's Hosni Mubarak flew to Cairo on Wednesday where he will be tried for conspiring to kill protesters, the first Arab ruler to appear in court since uprisings swept the region. |
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 SINGAPORE (Reuters) - Asia's best hope for insulation against a worsening economic outlook in the United States and Europe rests on China, and it may not be willing or able to do the job. |
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 ROME (Reuters) - Financial market pressure on Italy intensified on Tuesday, sucking Europe's second biggest debtor nation deeper into the euro area danger zone and prompting emergency consultations in Rome and among European capitals. |
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 BEIJING (Reuters) - China is considering a proposal to create a ministerial-level body to manage its state-owned banks and non-bank financial enterprises, two sources with knowledge of the plan said, a move that would strengthen Beijing's grip on its lenders. |
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CAIRO (Reuters) - Egypt's Hosni Mubarak flew to Cairo on Wednesday where he will be tried for conspiring to kill protesters, the first Arab ruler to be put in the dock since uprisings swept the region. |
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 BOSTON (Reuters) - Security experts have discovered the biggest series of cyber attacks to date, involving the infiltration of the networks of 72 organizations including the United Nations, governments and companies around the world. |
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 LONDON (Reuters) - Stuart Kuttner, managing editor of the News of the World for 22 years, was arrested and later freed on bail on Tuesday over a phone-hacking scandal at the now-defunct tabloid that has rattled Britain's establishment, a source close to the case said. |
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 WASHINGTON (Reuters) - Consumer spending dropped in June for the first time in nearly two years and incomes barely rose, signs the economy lacked momentum as the second quarter drew to a close. |
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 DETROIT (Reuters) - U.S. auto sales ticked higher in July, but the industry's top salesmen cautioned the prospect for a second-half recovery remained clouded with consumers hurting in a weak economy. |
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 NEW YORK (Reuters) - Fitch upheld its AAA rating on the United States on Tuesday after lawmakers approved spending cuts to avoid a U.S. default, but it warned the world's largest economy must cut its debt burden to avoid a future downgrade. |
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 WASHINGTON (Reuters) - President Barack Obama has signed a deficit-reduction measure into law to cut spending and raise the U.S. debt ceiling and avert an unprecedented default, the White House said on Tuesday. |
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HIV epidemics emerging in Middle East, North Africa: study
Tue,2 Aug 2011 02:09 PM PDT
Reuters - LONDON (Reuters) - Epidemics of HIV are emerging among gay and bisexual men in the Middle East and North Africa and high levels of risky sexual behavior threaten to spread the AIDS virus further in the region, researchers said Tuesday. Full Story |
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NEW YORK (Reuters) - Moody's Investors Service on Tuesday confirmed its Aaa rating of the United States, citing the decision to raise the debt limit, but assigned a negative outlook that could pressure lawmakers to cut the U.S. deficit. |
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AMMAN (Reuters) - Syrian tanks shelled the city of Hama after Ramadan prayers on Tuesday, residents said, on the third day of an armored assault to crush some of the largest street protests against President Bashar al-Assad in a five-month uprising. |
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WASHINGTON (Reuters) - The United States stepped back from the brink of default on Tuesday but congressional approval of a last-gasp deficit-cutting plan failed to dispel fears of a credit downgrade and future tax and spending feuds. |
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 NEW YORK/SINGAPORE (Reuters) - The world's industrialized nations, burdened with aging populations and deeply in debt, face years of slow economic growth that could speed the shift of economic clout to the East. |
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 RENA, Norway (Reuters) - On a taxi ride to his farmhouse the day before he killed 77 people, Anders Behring Breivik talked easily of a future he must have known would never come. |
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 TOKYO (Reuters) - Toyota Motor Corp slumped to its first quarterly loss in two years after the March 11 disaster virtually halted production, and the Japanese auto giant warned the stronger yen was hobbling it in the battle against South Korean rivals. |
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 ISLAMABAD (Reuters) - Pakistan's quick response to charges by China that militants involved in attacks in Xinjiang had trained on its soil shows the importance of its ties with Beijing, but it could be a mistake for Islamabad if it relies too much on China. |
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 WASHINGTON (Reuters) - President Barack Obama said on Tuesday a just-passed bill to raise the U.S. debt ceiling and cut spending was a first step toward ensuring the United States lives within its means but that more was needed to rebuild the world's largest economy. |
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 NEW YORK (Reuters) - Pfizer Inc showed further weakness in its main business of prescription medicines, sending shares down more than 3 percent on concern over future growth as the company prepares to divest better-performing non-pharmaceuticals businesses. |
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 WASHINGTON (Reuters) - President Barack Obama will sign into law a bill raising the government's debt ceiling and cutting spending as soon as it arrives at his desk, White House communications director Dan Pfeiffer said on Tuesday. |
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 MISRATA, Libya, Aug 2 (Reuters) - Muammar Gaddafi's forces counter-attacked rebels in a strategic town on Tuesday, killing seven insurgents, as the Libyan leader vowed to crush a Western-backed uprising. |
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 (Reuters) - Israel's supreme court ordered the evacuation of a hilltop outpost where some 250 Jewish settlers live without further delay Tuesday, upholding a petition made by Palestinians and an anti-settler group over five years ago. |
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 KIRKUK, Iraq (Reuters) - A car bomb exploded near a Catholic Church in northern Iraq on Tuesday, injuring at least 16 people in part of a coordinated attack on Christian places of worship in the ethnically-mixed city of Kirkuk, a senior police official said. |
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 CAIRO (Reuters) - Egypt's fallen leader, Hosni Mubarak, goes on trial Wednesday over his role in killing protesters, in a stark message to Arab rulers elsewhere that they too may one day be held to account. |
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Barclays to cut 3,000 jobs as profit sags
Tue,2 Aug 2011 07:23 AM PDT
Reuters - LONDON (Reuters) - Barclays is set to cut about 3,000 jobs this year to reduce costs and expects financial markets to stay tough after a drop in bond trading and an insurance mis-selling charge cut first-half profit by a third. Full Story |
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 TOKYO (Reuters) - Japan primed financial markets on Tuesday for currency intervention after the yen tested record highs, signaling it may try to tame the unit with a combination of yen-selling and monetary easing. |
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 FRANKFURT (Reuters) - Financial markets will be watching the European Central Bank on Thursday for any hints that recent signs of an economic slowdown and the unrelenting debt crisis have lowered the chances of another rate hike this year. |
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 WASHINGTON (Reuters) - The National Security Agency has a challenge for hackers who think they're hot stuff: prove it by working on the "hardest problems on Earth." |
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 WASHINGTON (Reuters) - Tea Party conservatives scored their biggest political triumph with a debt-ceiling deal that cuts federal spending, but their hardline tactics could risk a voter backlash in the 2012 elections. |
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 LAKE SELIGER, Russia (Reuters) - Russian Prime Minister Vladimir Putin accused the United States Monday of living beyond its means "like a parasite" on the global economy and said dollar dominance was a threat to the financial markets. |
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 WASHINGTON (Reuters) - Manufacturing grew at its slowest pace in two years in July as new orders contracted, casting doubt on expectations the faltering recovery would quickly regain steam. |
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