Japan intervenes in currency market to weaken yen
By TOMOKO A. HOSAKA 2010-09-15T17:59:56ZTOKYO (AP) -- Japan made a surprise foray into currency markets Wednesday to reverse the yen's ascent, which has been bad for companies like Toyota and Sony that are critical to the country's economy.... hosted.ap.org |
Powerful Hurricane Karl nears Mexican Gulf coast
By MIGUEL ANGEL HERNANDEZ 2010-09-17T18:08:41ZVERACRUZ, Mexico (AP) -- Hurricane Karl smashed into Mexico's Gulf Coast on Friday, creating havoc in the major port city of Veracruz and forcing the country to shut down its only nuclear power plant and its central Gulf Coast oil platforms.... hosted.ap.org |
Double-dip recession avoidable despite slowing growth, says BCC
The UK economy can avoid recession despite "marked slowdown" in third quarter growth, the British Chambers of Commerce said. telegraph.co.uk |
Citigroup accused of discrimination
Executives at Citigroup, one of America's biggest banks, have been accused of running the company as a "boy's club" and of sacking female employees to save the jobs of less qualified men. telegraph.co.uk |
Market Snapshot: U.S. stock investors face earnings onslaught
If the stock market manages to extend its October climb next week during the crush of the third-quarter earnings season, it will likely have to do so without the financial sector. feeds.marketwatch.com |