Business / Finance


BBC World News, 04.05.12 11:53 UTC

Facebook IPO values company at between $85bn and $95bn

Facebook has set the share price for its upcoming initial public offering (IPO) at between $28 and $35 per share, valuing the company at between $85bn-$95bn (£52bn-£59bn).


BBC World News, 04.05.12 11:52 UTC

Eurozone private sector 'contracts sharply'

The eurozone's private sector contracted sharply in April and by more than initially thought, a survey says.


Reuters - Business News, 04.05.12 11:51 UTC

Thomson Reuters offers more EU antitrust concessions

By Foo Yun Chee BRUSSELS | Fri May 4, 2012 6:28am EDT BRUSSELS (Reuters) - Thomson Reuters has offered additional concessions to the European Commission to end an antitrust investigation related to ...


Reuters - Business News, 04.05.12 11:51 UTC

Mercuria hires Goldman commodities investment executive: source

NEW YORK | Fri May 4, 2012 7:31am EDT NEW YORK (Reuters) - Swiss-based trading house Mercuria has hired Goldman Sachs' (GS.N) former co-head of commodities investment, Shameek Konar, to help manage ...


Reuters - Business News, 04.05.12 11:51 UTC

Fat guarantees helped weaken Dewey & LeBoeuf

By Andrew Longstreth and Nate Raymond NEW YORK | Fri May 4, 2012 3:45am EDT NEW YORK (Reuters) - In its race to become one of the world's biggest law firms, Dewey & LeBoeuf doled out rich ...


Reuters - Business News, 04.05.12 11:51 UTC

Misery builds for the euro zone

By Andy Bruce LONDON | Fri May 4, 2012 7:36am EDT LONDON (Reuters) - The euro zone economy worsened markedly in April, according to business surveys that clashed with the prospect of a gradual ...


Reuters - Business News, 04.05.12 11:50 UTC

April hiring seen picking up

By Jason Lange WASHINGTON | Fri May 4, 2012 12:22am EDT WASHINGTON (Reuters) - Employers likely increased hiring in April, although not enough to lower the country's 8.2 percent jobless rate, keeping ...


Reuters - Business News, 04.05.12 11:50 UTC

Futures edge up ahead of payrolls report

By Chuck Mikolajczak NEW YORK | Fri May 4, 2012 7:30am EDT NEW YORK (Reuters) - U.S. stock index futures edged higher on Friday ahead of a key report on the labor market, which could provide a ...