BILOXI, Miss. (Reuters) - BP Plc said on Friday it could seal its ruptured Gulf of Mexico oil well by next week as the U.S. House of Representatives voted to toughen regulation of offshore energy drilling.
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NEW YORK (Reuters) - U.S. stocks are unlikely to break above a key technical level next week unless monthly jobs data and consumer company results paint a more promising picture of the recovery.
WASHINGTON (Reuters) - U.S. economic growth slowed in the second quarter as companies invested heavily in equipment from abroad and the pace of consumer spending eased, raising concerns about the recovery in the rest of 2010.
WASHINGTON (Reuters) - The White House blamed the second quarter slowdown in U.S. economic growth reported on Friday on "headwinds," including the debt crisis in Europe.
LONDON (Reuters) - A global accounting standard setter proposed a new rule for measuring insurers' profitability on Friday, aiming to shine a light on a sector criticised by investors for being a "black box" that keeps them in the dark.
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NEW YORK (Reuters) - Asian investors are more likely to buy gold in the next six months than their North American and European counterparts, a global survey found.
MUMBAI (Reuters) - The BSE Sensex rose for the second straight month in July after ending 0.7 pct lower on Friday, but underperformed emerging market peers in the month, as the Reserve Bank's key rates hike and mixed earnings limited gains.
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HELSINKI (Reuters) - An increasingly heated battle in the global smartphone market is set to weigh on handset vendors' profit margins for the rest of the year, analysts said on Friday.
TOKYO/BOULOGNE-BILLANCOURT, France (Reuters) - Honda Motor Co raised its full-year forecasts after posting a record quarterly net profit on Friday, while brisk sales returned France's Renault to profit in the first half.