Reuters - Business News


Reuters - Business News, 24.04.13 06:38 UTC

Barclays first-quarter profit hit by restructuring charge

LONDON | Wed Apr 24, 2013 2:20am EDT LONDON (Reuters) - British bank Barclays (BARC.L) said first-quarter profit fell a quarter from a year ago after a rise in losses in its European business and a ...


Reuters - Business News, 24.04.13 06:15 UTC

Lloyds UK branches sale to Co-op collapses: sources

By Steve Slater LONDON | Wed Apr 24, 2013 1:45am EDT LONDON (Reuters) - The planned sale of more than 600 UK bank branches by Lloyds Banking Group (LLOY.L) to the Co-Operative Group has fallen ...


Reuters - Business News, 24.04.13 05:31 UTC

Asian shares rise on firm U.S. earnings, soft money outlook

By Chikako Mogi TOKYO | Wed Apr 24, 2013 1:14am EDT TOKYO (Reuters) - Asian shares advanced on Wednesday, tracking global equities higher on the back of solid U.S. earnings, but the euro was ...


Reuters - Business News, 24.04.13 05:31 UTC

LG Electronics first-quarter profit drops, TV pain outweighs phone revival

SEOUL | Wed Apr 24, 2013 1:15am EDT SEOUL (Reuters) - LG Electronics Inc (066570.KS), the world's No.2 TV maker, said quarterly profit fell 13 percent as sharp price cuts resulted in razor-thin ...


Reuters - Business News, 24.04.13 05:20 UTC

BOJ's new price forecasts Friday to be credibility test

By Leika Kihara TOKYO | Wed Apr 24, 2013 1:07am EDT TOKYO (Reuters) - The Bank of Japan is set on Friday to project that it will meet its 2 percent inflation target in two years, a forecast analysts ...


Reuters - Business News, 24.04.13 04:34 UTC

Consumer bureau calls payday loans a trap, warns of new rules

WASHINGTON | Wed Apr 24, 2013 12:22am EDT WASHINGTON (Reuters) - The U.S. consumer watchdog said high-cost, short-term loans often trap borrowers in a cycle of debt, warning in a report on Wednesday ...


Reuters - Business News, 24.04.13 04:11 UTC

States' tax revenue likely grew at beginning of year: report

WASHINGTON | Wed Apr 24, 2013 12:03am EDT WASHINGTON (Reuters) - U.S. states' tax revenue likely continued growing in the second quarter of 2013, according to preliminary estimates for January and ...


Reuters - Business News, 24.04.13 03:25 UTC

Apple's cash plan takes heat off Cook, buys him time

By Poornima Gupta and Ben Berkowitz Tue Apr 23, 2013 11:19pm EDT (Reuters) - Tim Cook wants investors to "think different" about Apple: less as a hyper-growth startup-like company and more as a ...