Obama to take bankers to task over lending, reforms
President Barack Obama may have some tough words for executives of Goldman Sachs, Citigroup and other financial firms when he meets with them on Monday.
Ten Alps H1 profit up; comfortable with FY consensus
Media production firm Ten Alps Plc (TAL.L) posted a rise in first-half pretax profit due to cost cuts and improved margins and said it was comfortable with the full-year consensus view, sending its shares up 5.8 percent.
Coke says green strategy will win business
Having an integrated clean technology strategy will be a big part of winning business in the 21st century, a Coca-Cola executive told Reuters.com on Monday, and its investments in refrigeration will likely have the biggest impact on that strategy long-term.
BA crew vote in favor of strike action
Thousands of British Airways (BAY.L) cabin crew voted to strike, hours after the airline revealed a 3.7 billion pound ($6 billion) hole in its pension fund that will require deft handling by management if a proposed merger with Iberia (IBLA.MC) is to stay on track.
First photos of Google's 'Nexus One' phone leaked online
Nearly a dozen photos of the Google Phone, or as it's formally known as, the Nexus One, has been posted online. The photos, posted on Engadget, show that the Smartphone comes with only four buttons which are touch sensitive. The phone has a new grid icon at the bottom of the home screen, which when pressed brings up a webOS card-style preview of all home screen pages, according to the post.
China's BAIC buys Saab assets; Spyker still in talks
Beijing Automotive Industry Holding Co (BAIC) said on Monday it had acquired some assets of General Motors' Saab unit as part of a push to develop its own-brand cars.
US high court orders Chrysler sale appeal dismissed
The U.S. Supreme Court ordered a lower court to dismiss a legal challenge by three Indiana pension funds to the government-backed sale of bankrupt automaker Chrysler LLC to a group led by Italian carmaker Fiat SpA.
China's HiSoft, NeoPhotonics eye U.S. IPOs in 2010 -investor
A Chinese IT outsourcing company and an optical components maker are aiming to select investment banks in the next two weeks with the goal of making U.S. initial public offerings by as soon as the first half of 2010, one of their investors said on Monday.
Saturday Night Live features more skits on Tiger Woods (Videos)
Saturday Night Live featured more skits inspired by Tiger Woods' extra marital affairs' scandal over the weekend.
Citi to repay U.S. government funds
Citigroup laid out a plan to repay the money it owes the U.S. government, including issuing $17 billion of stock immediately, as the bank looks to end the executive pay restrictions that came with the funds.
Wall St rises on Dubai bailout, Citi TARP deal
Abu Dhabi's $10 billion move to help neighboring Dubai avoid default and a deal by Citigroup Inc to pay back U.S. government funds helped U.S. stocks rise in early Monday trading.
Family, inspirational films top Hollywood’s box office weekend
A family animated movie and two inspirational films took the top three spots at the U.S. box office over the weekend.
EU carbon scheme is supporting clean energy shift: NEF
The EU's Emissions Trading Scheme (EU ETS) is starting to influence power companies' investment decisions toward cleaner energy production, a survey by research group New Energy Finance shows.
Nike chairman stands by Tiger Woods: report
Nike Inc Chairman and co-founder Phil Knight said the scandal surrounding Tiger Woods is part of the game in signing endorsement deals with athletes and did not back away from the athletic shoe and clothing maker's relationship with the golfer.
Malaysia PM to offer CO2 reductions in Copenhagen
Malaysia's government will offer credible cuts in its emissions of carbon dioxide at the Copenhagen climate change summit in a bid to halt global warming, Prime Minister Najib Razak told Reuters on Sunday.
Disney's Princess charms weekend moviegoers
Disney's animated The Princess and the Frog hopped over feel-good football film The Blind Side, to take the top spot in North American box office sales in its first weekend in wide release.
Philippines raises volcano alert, orders evacuation
The Philippines ordered the evacuation on Monday of thousands of people living near the most active volcano in the country, warning of a possible eruption within a week.
Protest widens against creation of new Indian state
Thousands marched in ports and towns of southern Andhra Pradesh to protest plans to carve out a new state, as a backlash grew against demands for statehood in a challenge for the Congress party-led government.
History miniseries takes on the Kennedys
The History cable network has cast its vote for The Kennedys, developing an eight-hour miniseries about the iconic American clan.
Oracle sees no new remedies for Sun deal: source
Oracle does not plan to offer any new remedies on top of proposals made earlier to EU competition regulators reviewing its plan to buy Sun Microsystems, a source close to Oracle said.
Downey's Sherlock Holmes an action hero
It's a good time to be Robert Downey Jr.
U.N. talks to resume after African protest
African nations agreed to resume U.N. climate talks in Copenhagen on Monday after a half-day suspension, accusing rich countries of trying to kill the existing Kyoto Protocol.
EU warms to Oracle-Sun deal
EU regulators signaled they could clear Oracle Corp's $7 billion takeover of Sun Microsystems Inc, after the U.S. software company promised measures to ease competition concerns.
L.A. critics honor Iraq war movie Hurt Locker
The Hurt Locker, an independent movie about a team of American bomb-disposal experts serving in Iraq, was named the year's best picture by the Los Angeles Film Critics Association on Sunday.
Haneke's White Ribbon sweeps European Film Awards
Austrian director Michael Haneke's The White Ribbon, a chilling exploration of the roots of Nazi terror, dominated the European Film Awards on Saturday, winning three prizes including best film.
Weekly Market Watch - Monday, 14 December 2009
GBP: This week has a lighter slate of economic releases scheduled in the United Kingdom than the previous week. Look for the Rightmove House Price Index (last -1.6%) plus the BOE's quarterly bulletin on Monday, then CPI (1.8%Y/Y) and RPI (0.2%Y/Y) on Tuesday.
FCC document reveals specs of Google's Nexus One phone
HTC's Nexus One, or the Google phone was approved on Monday by the U.S. Federal Communications Commission after HTC Corp., a Taiwan-based manufacturer of smartphones, filed for permission for the phone.
Citi to pay back U.S. government bailout
Citigroup has struck a deal with U.S. regulators to repay $20 billion of government bailout funds, allowing the bank to exit the TARP program in 2010.
Obama to meet with bankers, decries fat cats
President Barack Obama may have some tough words on Monday for executives of top U.S. banks as he pushes them to step up small-business lending and get behind legislation to overhaul Wall Street regulations.
Twilight studio to distribute Polanski film
The Hollywood studio behind the Twilight teen franchise said on Friday it has acquired North American rights to distribute jailed director Roman Polanski's latest film, The Ghost Writer.