Venice Fest short on prizes for local fare
The Italian press, which before the Venice Film Festival had celebrated the high number of Italian films in the festival's official selection, has gone into a period of soul searching and finger pointing after Italian films were for the most part excluded from the event's major prizes.
Whitney Houston says husband painted evil eyes in house
Singer Whitney Houston said in an interview aired on Monday that life with former husband Bobby Brown descended into a nightmare of drugs and fights, and that at one point he painted evil eyes on the walls of their home.
Fiat brand hopes for 7 pct Europe mkt share
Italy car maker Fiat SpA (FIA.MI) hopes for a 7 percent European market share for its Fiat brand at the year end, Fiat brand CEO Lorenzo Sistino said on Tuesday speaking at the Frankfurt Motor Show.
Lame? Seinfeld stars reunite after 11 years
Pathetic. Desperate. Lame.The Seinfeld reunion its creators swore would never happen for the aforementioned reasons finally takes place next month.
Lehman bust highlights analyst group-think disease
All of Wall Street's bank analysts were caught out by Lehman's collapse -- and few have redeemed themselves since. Just a handful have dared to issue a buy on bank stocks that have surged since March -- after they all failed to slap that sell on Lehman Brothers before it went bust a year ago.
Ssangyong hit unlikely to deter China carmakers
Cash-strapped South Korean automaker Ssangyong Motor (003620.KS) proposed a capital writedown on Tuesday that would slash the stake of SAIC Motor (600104.SS), its Chinese majority shareholder.
Freemasons hail Dan Brown's latest novel as good fun
Author Dan Brown may have outraged the Vatican in The Da Vinci Code, but his new book, The Lost Symbol, is being welcomed by his latest subjects, the Freemasons.
U.S. retail sales surge, producer prices up on energy
Sales at U.S. retailers rose at their fastest pace in three-and-half years in August and a gauge of manufacturing in New York State hit a near two-year high, bolstering views the economy was emerging from recession.
Keanu Reeves hams it up as webisode star
Having conquered movies, Keanu Reeves is now taking on the Internet.
Auto show execs comment on economy, outlook
Here are comments made by executives from the global automotive industry at the Frankfurt Motor Show this week on the economy and the industry outlook.
Kiefer Sutherland to head new acting school
Kiefer Sutherland is to head a new actors conservatory at Norman Jewison's Canadian Film Center in Toronto.
Kraft may sell assets to raise Cadbury cash: report
U.S. food company Kraft Foods might sell assets like Maxwell House and Oscar Mayer to finance its planned acquisition of British confectioner Cadbury , the New York Post reported, citing sources familiar with the matter.
Rivals jostle for JAL stake; Asia access prized
Japan Airlines Corp is likely to opt for a tie-up with Delta Air Lines Inc or AMR Corp's American Airlines, among rivals seeking to invest in the loss-making carrier, if Japan and the United States can reach an open skies agreement.
European carmakers ask if sales rise can last
News that European car sales rose for a third consecutive month in August kicked off the Frankfurt Motor Show, where automakers are showcasing green technology they hope will transform the industry.
BASF gets OK for new herbicide from U.S. EPA
BASF SE said on Tuesday it has received approval from the Environmental Protection Agency for a new herbicide that it will market as a complement to a popular Monsanto Co herbicide.
Cracker Barrel Q4 profit tops Wall Street
Cracker Barrel Old Country Store Inc posted a better-than-expected adjusted quarterly profit, helped by lower costs.
Auto incentives, gas to buoy U.S. Aug retail sales
Sales at U.S. retailers likely rose at their fastest pace in more than three and a half years in August, fueled by cash incentives to buy autos and by higher gasoline prices, according to a Reuters poll.
Capital One credit card defaults fall in August
Capital One Financial Corp's U.S. credit-card defaults fell in August, reinforcing signs that, despite job losses and the housing crisis, American consumers may not be in as bad shape as feared.
Stock futures flat ahead of retail sales, PPI data
U.S. stock index futures were flat on Tuesday as investors awaited key economic data, including the retail sales report, for more evidence of an economic recovery.
Rockefeller & Co's CEO committed suicide - WSJ
James McDonald, chief executive officer of investment management firm Rockefeller & Co, committed suicide on Sunday in Massachusetts, the Wall Street Journal said, citing people familiar with the matter.
Stock futures edge lower ahead of data
U.S. stock index futures edged lower on Tuesday as investors awaited key economic data, including the retail sales report, for more evidence of an economic recovery.
Dirty Dancing star Patrick Swayze dead at 57
Actor Patrick Swayze, whose turn as a smoldering dance instructor in Dirty Dancing made him one of the iconic film stars of the 1980s, died on Monday after a long battle with pancreatic cancer. He was 57.
Daily Outlook - Sept 15
Timing of Exit Debated; Will U.S. Sell Citi Shares?; Euro Cars Get Boost
Many climate change costs seen avoidable
Climate change could cost some countries up to 19 percent of their gross domestic product by 2030, a panel including major insurance, banking and consulting companies as well as the European Commission said on Monday.
Chinese schools quietly discard controversial Web filter
Schools in Beijing are quietly removing the Green Dam filter, which was required for all school computers in July, due to complaints over problems with the software.
Oil rises to $69; position limit fears cap gains
Oil rose toward $69 a barrel on Tuesday, lifted by a weaker dollar and an expected draw in U.S. crude stocks, but concerns that a major U.S. exchange will increase enforcement of position limits capped gains.
Sales rise boosts European carmakers' spirits
News that European car sales rose for a third consecutive month in August helped lift the mood at the Frankfurt Motor Show, where automakers will showcase green technology they hope will transform the industry.
China shares end up, new one-month closing high
SHANGHAI, Sept 15 (Reuters) - China's key stock index ended up 0.2 percent on Tuesday supported by improved August FDI data while tyre makers jumped after saying the impact of the U.S. decision to impose special duties on Chinese tyre exports would be limited.
Nikkei rises 0.2 pct in choppy trade; JAL lower
TOKYO, Sept 15 (Reuters) - Japan's Nikkei average edged up 0.2 percent in choppy trade on Tuesday, buoyed by Canon Inc (7751.T) and other exporters as the yen held steady against the dollar, but worries that it may only be a brief respite limited gains.
World stocks steady, dollar above lows vs yen
World stocks held steady on Tuesday while the dollar held above this week's seven-month low against the yen as focus shifted to the state of U.S. consumers from a trade spat between the United States and China. A year after Lehman Brothers collapsed, risky assets are almost back at September 2008 levels and some G7 economies have come out of recession.