Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals.
Stock futures signal higher open; Facet eyed (Reuters) - Stock index futures pointed to a higher open on Wall Street on Wednesday, with futures for the S&P 500 up 0.07 percent, Dow Jones futures up 0.09 percent and Nasdaq 100 futures up 0.25 percent.
Mar 10 2010
AIG devises new formula for employee bonuses: report (Reuters) - American International Group Inc has formulated a new "forced ranking" system to determine bonuses and rate employee performance, Wall Street Journal said, citing people familiar with the matter.
Mar 10 2010
China's Geely secures financing to buy Volvo: report STOCKHOLM (Reuters) - The parent of China's Geely Automobile has secured financing to buy Ford-owned Volvo cars for about 15 billion Swedish crowns ($2.10 billion), a Swedish business daily reported on Wednesday.
Mar 10 2010
Insurers' Chile quake hit won't up prices MUNICH/ZURICH (Reuters) - Last month's huge earthquake in Chile might cost the insurance industry up to $7 billion in damage claims, the world's top two reinsurers said, but it looks unlikely to raise reinsurance prices.
Mar 10 2010
Strong China trade data point to rise in yuan BEIJING (Reuters) - Chinese exports and imports grew faster than expected in February, underlining the momentum behind the world's third-largest economy and reinforcing the case for a rise in the yuan.
China export growth beats estimates Chinese exports rose 45.7 per cent in February from the same month a year earlier, beating forecasts and providing fresh evidence of a robust recovery in an economy poised to overtake Japan
Mar 10 2010
Lone Star revives Korea Exchange Bank sale Lone Star, the US private equity group, plans to resume selling its 51 per cent stake in Korea Exchange Bank, worth Won4,400bn at current market prices
Mar 10 2010
Gunmen attack US aid agency in Pakistan Suspected Islamist militants have attacked the office of a US-based Christian aid agency in Pakistan with a bomb and gunfire, killing 5 people, police say
Mar 10 2010
Tentative tone takes hold as investors seek direction Global Markets Overview: FTSE All-World index remains becalmed near six-week highs, with stock investors reluctant to push riskier assets higher without a fresh catalyst
Mar 10 2010
Call for action on speculation rules Germany and France are stepping up pressure for urgent EU action to tighten regulation in sovereign debt markets – in particular of credit default swaps – in the wake of the Greek crisis
