IBT Staff Reporter

55261-55290 (out of 154953)

Starbucks CEO saw no summer weakness

Starbucks Corp's business is still very strong despite months of economic turmoil that has weakened sales at other major restaurant chains, Chief Executive Howard Schultz told Reuters on Thursday.

SGX, LSE tie-up for joint London Metal Exchange

The Singapore Exchange Ltd is tying up with London's main bourse to make a joint bid for the London Metal Exchange, a source told Reuters on Friday, as the world's largest metal market seeks a suitor in a deal that could be worth 1 billion pounds ($1.57 billion).

McGraw-Hill and CME eye indexes JV: source

McGraw-Hill Companies Inc is in advanced talks to merge its S&P Indices business with CME Group Inc's Dow Jones Indexes, a source familiar with the situation said on Thursday.

Europe shares set to mark worst quarter since 2008

World stocks fell on Friday with European shares on track to mark their biggest quarterly loss since the collapse of Lehman Bros three years ago as European economic readings compounded pessimism over global growth.

European shares set to mark worst quarter since 2008

World stocks fell on Friday with European shares on track to mark their biggest quarterly loss since the collapse of Lehman Bros three years ago as European economic readings compounded pessimism over global growth.

Bank of America to charge debit card use fee

Bank of America Corp plans to charge customers who use their debit cards to make purchases a $5 monthly fee beginning early next year, joining other banks scrambling for new sources of revenue.

Amazon's $199 Fire sparks supply, margin questions

The rock-bottom price of the new Kindle Fire tablet computer is raising questions about Amazon.com Inc's ability to keep up with demand and the device's effect on the company's already razor-thin profit margins.

Global wine auctions, investments to slow in 2012

Global wine auctions and investments will slow next year as the euro zone crisis and slowdown in the U.S. economy take their toll on the wine industry, but Asia may prove slightly more resilient, said Pancho Campo, a Spanish wine expert.

SGX, LSE in Joint Bid for London Metal Exchange: Source

The Singapore Stock Exchange Ltd is tying up with London's main bourse to make a joint bid for the London Metal Exchange, a source told Reuters on Friday, as the world's largest metal market seeks a suitor in a deal that could be worth 1 billion pounds ($1.57 billion).

Japan fires fresh salvo on yen as economic upswing tails off

Japan said on Friday it will boost its currency intervention fund and keep watching dealers' trading positions in yet another effort to tame the yen in the face of growing evidence that its strength is stalling the economy's post-quake rebound.

Europe set for worst quarter since 2008

European stock index futures fell on Friday, putting shares there firmly on course to post their biggest quarterly decline since the months following the collapse of Lehman Brothers three years ago.

Ponzi scheme accused Full Tilt Poker's license revoked

Online poker site, Full Tilt Poker, which U.S. federal prosecutors have accused of running a Ponzi scheme, had its gambling license revoked by Alderney Gambling Control Commission , the gambling regulator said on Thursday.

Asia stocks in worst month since October 2008

Asian stocks fell on Friday, extending the worst monthly performance since the most volatile days of the global financial crisis in October 2008, with Chinese shares racking up sharp losses.

Equities steady after rise, euro holds gains

Asian stocks steadied on Friday with big gains unlikely as investors looked to take profits after three days of gains, while the euro held its tiny increase following Germany's approval to expand the euro zone bailout fund.

Asia stocks fall in worst month since Oct 2008

Asian stocks fell on Friday, extending the worst monthly performance since the most volatile days of the global financial crisis in October 2008, with Chinese shares racking up sharp losses.

Standard & Poor's, Fitch downgrade NZ on growing debt

New Zealand suffered its second ratings downgrade within hours on Friday as Standard & Poor's cut the country's rating by one notch because of its growing foreign debt, after rival Fitch Ratings' had taken similar action.

Asian equities steady after rise, euro holds gains

Asian stocks steadied on Friday with big gains unlikely as investors looked to take profits after three days of gains, while the euro held its tiny increase following Germany's approval to expand the euro zone bailout fund.

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