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WORLD BUSINESS NEWS
Wall Street marks best month in a year in July
NEW YORK (Reuters) - U.S. stocks closed little changed on Friday, but Wall Street wrapped up its best month in a year after the earnings season rounded the final turn with a group of strong results that offset the impact of poor economic data.
Fri, 30 Jul 2010 20:06:01 -0400
UK's Osborne urges banks to lend, restrain bonuses
LONDON (Reuters) - British finance minister George Osborne urged the country's banks to use strong first-half profits to boost business lending rather than pay large bonuses, in an interview published late on Saturday.
Sat, 31 Jul 2010 22:40:37 -0400
Eurazeo in exclusive B&B Hotels talks with Carlyle
PARIS (Reuters) - French financial holding firm Eurazeo said on Saturday it is in exclusive talks to sell its B&B Hotels chain to U.S. private equity firm the Carlyle Group.
Sat, 31 Jul 2010 09:38:22 -0400
BP may sell German gas stations for $2.6 billion: report
VIENNA (Reuters) - BP Plc is seeking to sell its German petrol station chain Aral for around 2 billion euros ($2.6 billion), German magazine Wirtschaftswoche reported on Saturday, citing investment bankers familiar with BP's plans.
Sat, 31 Jul 2010 10:35:24 -0400
Jobs data, earnings latest test for stocks
NEW YORK (Reuters) - U.S. stocks are unlikely to break above a key technical level next week unless monthly jobs data and consumer company results paint a more promising picture of the recovery.
Fri, 30 Jul 2010 17:46:17 -0400
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