Carrefour says looking at acquisitions in Russia
France's Carrefour launched its second Russian store on Thursday with a pledge to pursue acquisitions in the country, and said the crisis had not changed its long-term vision of the market.
Takeover target Suntory in talks to buy Orangina
Japanese brewer Suntory Holdings, seeking overseas growth as Japan's population ages, is in talks to buy soft-drinks maker Orangina for at least the $2.6 billion that private equity firms including Blackstone paid for the company just three years ago.
Bank of England keeps rates unchanged
The Bank of England left interest rates at a record low of 0.5 percent for the sixth month running on Thursday and said it would keep its 175 billion pound asset buying programme in place.
Wall Street set to open higher after corporate guidance
Wall Street was set for a flat to higher open on Thursday after Texas Instruments raised its earnings forecast and data showed the number of people filing claims for jobless benefits fell last week.
Future, past useless at my age, says actor Sharif
For Omar Sharif, the future and the past are useless. The only thing that counts for the Egyptian actor is the present.
Texas Instruments, ASML invigorate tech sector
European technology shares rose sharply on Thursday after positive outlook comments from chip maker Texas Instruments and chip equipment firm ASML .
GM to sell Opel to Magna with conditions: sources
The board of General Motors has decided to sell its European arm Opel to Canadian auto parts group Magna , but has attached strings to the sale, sources familiar with the situation told Reuters.
U.S. foreclosures near record, peak in late '10: report
U.S. mortgage foreclosure filings in August hovered near July's record high despite broad efforts to keep borrowers in their homes and will probably rise for another year, according to a report released on Thursday.
Ex-Morgan Stanley HK banker found guilty of insider trading
Former Morgan Stanley managing director Du Jun was found guilty of insider trading by a Hong Kong court on Thursday, in the city's highest-profile insider trading case.
Stock futures edge up after data
Stock futures edged up on Thursday after data showed the number of workers filing new claims for jobless benefits fell last week.
IEA sees higher global oil use as economy recovers
Global oil demand will be almost 0.5 million barrels per day higher than previously forecast this year and next on stronger-than-expected U.S. and Chinese fuel consumption, the International Energy Agency said.
Oil rises towards $72 on OPEC, demand seen stronger
Oil rose toward $72 a barrel on Thursday, supported by OPEC's decision to hold output steady and forecasts by the International Energy Agency that global demand will be higher this year and next than it previously forecast.
Stock futures point to flat open, jobs data on tap
Stock index futures pointed to a flat open on Thursday, a day after the S&P 500 benchmark index racked up its highest closing level for the year, while investors awaited data on the labor market.
Central banks keep rates at record low
Britain, South Korea and New Zealand left interest rates at record lows on Thursday, with Canada expected to follow suit, but in Asia at least there were signs that thoughts are turning to tighter policy.
Western brands may be a step too far for Chinese car makers
Chinese carmakers are venturing on to the global stage with bids for Western brands from Volvo and Hummer to Saab, but there are doubts these inexperienced firms can manage the transformation such deals would bring.
IEA sees higher global oil use as economy steadies
Global oil demand will be almost 0.5 million barrels per day higher than previously forecast this year and next on stronger-than-expected fuel use in North America and Asia, the International Energy Agency said.
Stock futures point to weak open, jobs data on tap
Stock futures were weaker on Thursday, easing after the S&P 500 benchmark index racked up its highest closing level for the year, while investors awaited data on the labor market.
GM prepared to sell Opel to Magna: sources
General Motors is prepared to sell its European carmaker Opel to Canada's Magna, two people familiar with the negotiations told Reuters on Thursday.
Beatlemania strikes with CDs, video game launch
A wave of Beatlemania struck Britain's streets as a specially remastered edition of the Fab Four's albums was released on Wednesday, complete with an interactive video game for a new generation of fans.
GM to end months of suspense on Opel
General Motors was set to end months of suspense over the fate of its Opel unit on Thursday and announce whether it plans to sell the European carmaker to one of two rival bidders.
OPEC holds output steady, looks to economy
OPEC early on Thursday agreed to hold output targets steady after top exporter Saudi Arabia looked to economic strength to bolster the oil price and dismissed bulging inventories.
Daily Outlook - Sept 10
Another Lehman?; Opel Decision Day Arrives; Books Competition
Financial reform may fail to avert another Lehman
The collapse of Lehman Brothers a year ago has been likened to the 1994 crash that killed Formula One star Ayrton Senna, in the way it has spurred calls for root-and-branch review of risk in the financial sector.
GM to unveil Opel decision
General Motors was set to end months of suspense over the fate of its Opel unit on Thursday and announce whether it plans to sell the European carmaker to one of two rival bidders.
GM to end months of suspense, unveil Opel decision
General Motors was set to end months of suspense over the fate of its Opel unit on Thursday and announce whether it plans to sell the European carmaker to one of two rival bidders.
Stock futures rise; Texas Instruments eyed
U.S. stock index futures pointed to a higher open on Wall Street on Thursday, with futures for the S&P 500 up 0.27 percent, Dow Jones futures up 0.24 percent and Nasdaq 100 futures up 0.21 percent at 4:46 a.m. EDT.
Asian shares firm, oil up, dollar defensive
Asian stocks rose on Thursday as investors continued to switch into riskier assets amid growing confidence the global economy is recovering, keeping the dollar on the defensive.
Court orders UBS to post $35 million bond in fraud case
A Connecticut court ordered UBS to pledge assets or post a $35 million bond after finding probable cause that the bank committed securities fraud in a deal with Pursuit Partners, the hedge fund's lawyers said on Wednesday.
Google defends book deal as competitive, helpful
Google's deal to digitize millions of books opens the way for others to enter the online book business, the company's chief legal officer said in testimony prepared for a congressional hearing on Thursday.
Opel trustees set to decide on Opel today: source
The Opel trustees are set to make a decision on Thursday about the future of General Motors' European business should GM decide to sell it to an investor, a source close to the matter told Reuters.