Tuesday, February 7, 2012

Archive for September, 2010

Fed must do its part for economy, Bernanke says

Thursday, September 30, 2010 20:43

WASHINGTON (Reuters) - Federal Reserve Chairman Ben Bernanke said on Thursday the U.S. economic recovery remains disappointingly slow with unemployment too high.

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EU plans regular, transparent bank stress-tests

Thursday, September 30, 2010 18:57

BRUSSELS (Reuters) - The European Union will make health checks of banks a regular event and the results will be published in full, the bloc's presidency said on Thursday.

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Gold dips but posts 8th straight quarter of gains

Thursday, September 30, 2010 18:35

NEW YORK/LONDON (Reuters) - Gold dipped on profit-taking on Thursday after rallying to record highs, racking up its eighth consecutive quarterly gain as the Federal Reserve stood ready to pump more cash into the U.S. economy to stave off double-dip recession. ...

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Oil tops $79 after U.S. jobless, GDP data

Thursday, September 30, 2010 16:40

LONDON (Reuters) - Oil topped $79 a barrel, hitting a fresh seven-week high on Thursday after data in the United States offered hope for a pick-up in economic activity in the world's largest economy.

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India’s current account gap widens in June quarter

Thursday, September 30, 2010 12:31

MUMBAI (Reuters) - India's current account deficit widened in the June quarter from the previous three months due to higher merchandise trade gap and lower earnings through services, roughly in line with market expectations.

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ICICI Bank sees 2010/11 loan growth

Thursday, September 30, 2010 11:43

SINGAPORE (Reuters) - ICICI Bank, India's second largest lender, said on Thursday loan growth in the 2010/11 financial year would beat an earlier forecast and rise to 18 percent on the back of the country's strong economic growth. ...

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Ferrari to start up business in India in Jan 2011 – chairman

Thursday, September 30, 2010 10:30

PARIS (Reuters) - Italy's Ferrari will start up business in India at the start of next year as the luxury sportscar maker prepares to post close-to-record results for this year, Chairman Luca Cordero di Montezemolo said on Thursday. ...

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Carmakers eye partners as tough markets loom

Thursday, September 30, 2010 7:52

PARIS (Reuters) - Carmakers sought more partners to cut costs and boost efficiency as the Paris Auto Show got under way on Thursday, highlighting the sector's need to streamline while dark clouds over the economy keep major markets tough. ...

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India makes more billionaires, but top 2 slip in list

Thursday, September 30, 2010 7:11

MUMBAI (Reuters) - The ranks of Indian billionaires grew by a third in 2010, with the 100 richest holding wealth comparable to that held by the 400 richest in mainland China, Forbes India magazine said on Thursday. ...

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Food inflation surges; RBI rate hike seen

Thursday, September 30, 2010 6:22

NEW DELHI (Reuters) - India's annual food price inflation continued to quicken in mid-September and analysts see another rate increase by the year end as the Reserve Bank of India (RBI) acts to stamp down persistently high inflation. ...

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