Thursday, September 9, 2010

Archive for January, 2010

Millions more face poverty in crisis - World Bank

Sunday, January 31, 2010 15:42

ADDIS ABABA (Reuters) - Tens of millions more people in Africa and elsewhere will be driven into poverty this year even though the world is recovering from the global financial crisis, World Bank president Robert Zoellick said on Sunday. ...

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PREVIEW - Obama budget to assure investors while boosting jobs

Sunday, January 31, 2010 13:18

WASHINGTON (Reuters) - U.S. President Barack Obama on Monday will unveil a budget that must balance his short-term political imperative to boost jobs, while convincing investors he has a credible plan to curb record deficits over time. ...

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DAVOS - Fear, uncertainty cast pall over Russian business

Sunday, January 31, 2010 13:00

DAVOS, Switzerland (Reuters) - Russian businessmen at the World Economic Forum in Davos struck a gloomy note this week, with many uncertain about the country's direction and others warning a climate of corporate fear could hamper growth. ...

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DAVOS - A week of tense bankers, recovery hopes, star gazers

Sunday, January 31, 2010 12:24

DAVOS, Switzerland (Reuters) - The top executive was on a roll -- Barack Obama didn't know what he was doing, he didn't understand business, he didn't realize knee-jerk pronouncements could destroy jobs.

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DAVOS - Bank failure plan key to regulatory reform

Sunday, January 31, 2010 12:21

DAVOS, Switzerland (Reuters) - A bank-funded safety net to absorb large failures could help shield markets and rebuild trust in the financial system, but regulators backing the idea will need to strike a delicate balance.

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India reiterates carbon goals for climate accord

Sunday, January 31, 2010 9:07

NEW DELHI (Reuters) - India has reiterated a goal of slowing the rise of its carbon emissions by 2020 as part of pledges due by Sunday under a "Copenhagen Accord" to fight climate change, an official statement said. ...

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Honda’s India unit recalls 2nd generation City

Sunday, January 31, 2010 7:37

MUMBAI (Reuters) - The Indian unit of Honda Motor Co said late on Saturday it would recall 8,532 of its 2nd generation City models manufactured in 2007 because of a faulty window switch.

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Obama to propose $3.8 trillion 2011 budget - paper

Sunday, January 31, 2010 6:35

WASHINGTON (Reuters) - President Barack Obama will unveil a $3.8 trillion budget proposal on Monday for fiscal 2011, the New York Times reported on Saturday.

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DAVOS - China to the West: we’ll help but don’t rush us

Sunday, January 31, 2010 6:32

DAVOS, Switzerland (Reuters) - The world turned its spotlight on attention-shy China at this year's gathering of business chiefs and policymakers, pleading it to lead a global recovery and wave its wand to solve economic imbalances. ...

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U.S. satisfied with recall fix, Toyota chief apologizes

Sunday, January 31, 2010 6:23

WASHINGTON (Reuters) - U.S. safety regulators are satisfied with a Toyota Motor Corp. plan for fixing an accelerator problem that is part of a widening global recall and unprecedented sales and production halt, a government official said on Saturday. ...

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