News Today US official praises India for supporting sanctions against Iran by reducing oil imports NEW DELHI – A senior official praised India for reducing oil imports from Iran and said the U.S. government will decide soon on New Delhi’s request to renew a waiver…
News Today Taiwan lowers 2013 growth forecast to 2.4 per cent as global demand remains subdued TAIPEI, Taiwan – Taiwan has lowered its economic growth forecast for 2013 to a muted 2.4 per cent as global demand for the island’s electronics exports remained subdued. In February,…
News Today Report: French finance minister backs off bid to cap executive pay at private companies PARIS – France’s finance minister says the government is no longer planning to cap executives’ salaries in the private sector, amid concerns it is antagonizing the big businesses needed to…
News Today Health care overhaul faces backlash from once supportive labour unions WASHINGTON – When President Barack Obama pushed his health care overhaul plan through Congress, he counted labour unions among his strongest supporters. But some unions leaders have grown frustrated and…
News Today Key measure of German business confidence rebounds in unexpectedly strong showing BERLIN – German business confidence rebounded this month in an unexpectedly strong showing that sends a hopeful signal for more robust growth in Europe’s biggest economy, a closely watched survey…
News Today Japan’s ANA to resume Boeing 787 flights on Sunday, saying battery problems fixed TOKYO – Japan’s All Nippon Airways, the launch customer for Boeing’s 787 “Dreamliner,” will resume commercial flights of the aircraft on Sunday, just over four months after the jets were…
News Today Asia stocks erratic, Europe shares steady day after global selloff BANGKOK – Asian shares traded erratically Friday but European markets found their footing, a day after global stocks were routed by unexpectedly weak Chinese manufacturing and fears the Federal Reserve…
News Today Japan’s top leaders defend ‘Abenomics’ economic strategies as roiled markets settle TOKYO – Japan’s top leaders are defending the economic strategies championed by Prime Minister Shinzo Abe, though the central bank chief acknowledged a need for better communication with financial markets,…
News Today Procter & Gamble replaces CEO Bob McDonald with former CEO A.G. Lafley hoping magic returns NEW YORK, N.Y. – Household products giant Procter & Gamble Co. is hoping its former CEO can work his magic once again. The Cincinnati company said late Thursday that former…
News May 23/2013 Obama to tour Jersey Shore with Gov. Chris Christie the day after Memorial Day WASHINGTON – President Barack Obama plans to give the Jersey Shore a boost with a post-Memorial Day visit to showcase recovery efforts in the aftermath of Superstorm Sandy. The White…
News May 23/2013 Hands-off investor? Experts suggest making periodic adjustments to 401(k); avoid market timing The run-up in stock prices this year could tempt even the most hands-off investor to wade into their 401(k) and make some changes. The Dow Jones industrial average, Nasdaq and…
News May 23/2013 Brain cancer study at jet engine maker Pratt & Whitney in Conn. finds no significant elevation EAST HARTFORD, Conn. – An 11-year study of the incidence of brain cancer at jet engine manufacturer Pratt & Whitney in the state ended Thursday with university researchers saying they…
News May 23/2013 Canada threatens ‘retaliatory measures’ over new US meat labeling regulations TORONTO – Canada said Thursday that it is considering retaliatory measures against the United States in a dispute over meat-labeling rules that Ottawa and the World Trade Organization consider discriminatory.…
News May 23/2013 Procter & Gamble replaces CEO Bob McDonald with former CEO A.G. Lafley NEW YORK, N.Y. – Procter & Gamble Co. is bringing back its former CEO, as the world’s largest consumer-products maker tries to spur global growth. In a surprise move, P&G…
News May 23/2013 Money fund assets rose by $19.53 billion to $2.601 trillion in most recent week NEW YORK, N.Y. – Total U.S. money market mutual fund assets rose $19.53 billion to $2.601 trillion for the week that ended Wednesday, according to the Investment Company Institute. Assets…
News May 23/2013 New meat labels go into effect, telling consumers where animals were born, raised, slaughtered MILWAUKEE – Shoppers in the U.S. will soon have more information about where their meat comes from after new federal labeling rules went into effect Thursday. The rules require labels…
News May 23/2013 Business Highlights ___ Why worry? Less aid by Fed would point to recovery WASHINGTON (AP) — Investors have grown nervous that the Federal Reserve will scale back its efforts to boost the…
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