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International Business News


Treasury to sell Citi common shares in 2010

The U.S. Treasury said on Monday it would sell all of the 7.7 billion Citigroup common shares it owns over the course of 2010 under a prearranged written trading plan.

29/03/2010 12:24 PM

iPad to hit stores Saturday as consumer test begins

After months of hype, speculation and secrecy, Apple Inc will finally put the iPad tablet to the test that truly matters: the buying public.

29/03/2010 12:08 PM

Greece to sell 5 billion euros bond, demand softer

Greece looked set to sell 5 billion euros ($6.7 billion) in the first test of investor appetite since a European-IMF debt support deal last week but demand was less than half that of an issue earlier this month.

29/03/2010 12:08 PM

Bank of America continues Asia hiring push

Bank of America Corp <BAC.N> has hired four new executives in its global banking business, including three hires in Asia, as part of its continued push into international banking.

29/03/2010 12:00 PM

Consumer spending rises, incomes flat in February

U.S. consumer spending rose as expected in February for a fifth straight month, while stagnant incomes pushed savings to their lowest level since October 2008, a government report showed on Monday.

29/03/2010 11:40 AM

Wall St rises after Greece launches bond

Socks gained on Monday as debt-stricken Greece launched a sovereign bond issue, easing worries about its problems, while investors were hopeful about key jobs data later this week.

29/03/2010 11:32 AM

Special report: High-rollers, triads and a Las Vegas giant

By Matt Isaacs and Reuters staffLate last autumn, a Hong Kong jury convicted four men of a conspiracy to commit bodily harm and a fifth of soliciting a murder.

29/03/2010 11:32 AM

Greece gets little market bounce from EU deal

Debt-stricken Greece returned to capital markets on Monday for the first time since euro zone leaders agreed to give it a financial safety net, but the foggy rescue plan did little to reduce its borrowing costs.

29/03/2010 10:48 AM

Wall Street opens up as Greece launches bond

Stocks opened higher on Monday as Greece launched a sovereign bond issue, easing concerns about the country's debt problems, while investors were optimistic about key jobs data later this week.

29/03/2010 10:40 AM

Jupiter financials star puts half his fund in cash

British fund firm Jupiter's high-profile investor in financial stocks, Philip Gibbs, has put more than half his fund into cash as uncertainty around the UK election and western government debt hamper visibility.

29/03/2010 10:40 AM

Antisoma, Novartis lung cancer drug fails in study

British cancer specialist Antisoma <ASM.L> suffered a body blow on Monday as a lung cancer drug being developed with Novartis <NOVN.VX> failed in a late-stage trial, sending its shares plunging 70 percent.

29/03/2010 10:24 AM

Wall St set to advance as Greece launches bond

Wall Street was poised for a higher open on Monday as Greece launched a sovereign bond issue, easing concerns about the country's debt problems, while investors were optimistic about key jobs data later this week.

29/03/2010 10:24 AM
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