Monday, February 20, 2012

Yahoo! News: Health News

Yahoo! News: Health News

U.S. official "optimistic" on global accounting move (Reuters)

Posted: 20 Feb 2012 06:53 AM PST

Reuters - A senior U.S. regulator was "optimistic" on Monday about finding a framework for the world's top economy to use global book keeping rules for investors to compare cross-border companies.

Decision day for 2nd Greek bailout despite financing (Reuters)

Posted: 20 Feb 2012 08:59 AM PST

Reuters - Euro zone finance ministers are expected to approve a second bailout for Greece on Monday to try to draw a line under months of uncertainty that has shaken the currency bloc, although work remains to be done to make the numbers add up.

Wal-Mart to take majority stake in China e-commerce firm (Reuters)

Posted: 20 Feb 2012 12:08 AM PST

Reuters - Wal-Mart Stores Inc said on Monday it is taking a controlling stake in Chinese e-commerce firm Yihaodian, as the world's largest retailer seeks new revenue sources to fend off rising competition in the world's fastest-growing major economy.

China to push fixing local government debt, housing loans (Reuters)

Posted: 20 Feb 2012 08:37 AM PST

Reuters - Defusing questionable local government debt and containing risky real estate loans are priorities at a time when the global financial crisis is deepening, China's banking regulator said on Monday.

Stock index futures signal early losses (Reuters)

Posted: 16 Feb 2012 02:14 AM PST

Reuters - Stock index futures pointed to a lower open on Wall Street on Thursday, with futures for the S&P 500 down 0.37 percent, Dow Jones down 0.27 percent and Nasdaq 100 down 0.11 percent at 0955 GMT (4:55 a.m. EST).

China acts to crank up credit as lending, economy slow (Reuters)

Posted: 18 Feb 2012 11:50 PM PST

Reuters - China's central bank cut the amount of cash banks must hold in reserves on Saturday, boosting lending capacity by an estimated 350-400 billion yuan ($55.6-$63.5 billion) in a bid to crank up credit creation as the world's second-biggest economy faces a fifth successive quarter of slowing growth.

Carlsberg Q4 profit triple amid focus on cost-cuts (AP)

Posted: 20 Feb 2012 01:09 AM PST

AP - Danish brewer Carlsberg said Monday its net profit nearly tripled in the fourth quarter with higher revenues and a focus on cost-cuts, but said the market climate remains challenging.

12 EU leaders call for open markets to fuel growth (AP)

Posted: 20 Feb 2012 08:58 AM PST

AP - A dozen European Union leaders, including British Prime Minister David Cameron and Italian Premier Mario Monti, called Monday for an open-markets strategy to stimulate growth and jolt the region out of its economic doldrums.

Banks to gulp half a trillion euros from ECB (Reuters)

Posted: 20 Feb 2012 05:31 AM PST

Reuters - The European Central Bank will lend nearly half a trillion euros to banks at rock-bottom rates next week through its three-year refinancing operation, despite signs institutions already have adequate liquidity, Reuters polls showed on Monday.

Greece awaits bailout decision but issues remain (AP)

Posted: 20 Feb 2012 08:33 AM PST

Greek Finance Minister Evangelos Venizelos, left, speaks with French Finance Minister Francois Baroin, center, and Luxembourg's Finance Minister Luc Frieden during a round table meeting of eurozone finance ministers at the EU Council building in Brussels on Monday, Feb. 20, 2012. Eurozone governments will likely approve on Monday a long-elusive rescue package for Greece, saving it from a potentially calamitous bankruptcy next month, senior officials said. But finance ministers meeting in Brussels will have a few last issues to wrangle over, such as tighter controls over Greece's spending and further cuts to the country's debt load. (AP Photo/Yves Logghe)AP - Eurozone governments are expected to sign off on Monday a long-awaited rescue package for Greece, saving it from a potentially calamitous bankruptcy next month, according to senior officials.

Iran says may cut oil to more European countries (AP)

Posted: 20 Feb 2012 07:54 AM PST

AP - Tehran is considering extending an oil embargo on France and Britain to other European countries, a semiofficial Iranian news agency reported Monday.

Kingfisher says flight cuts due to frozen bank accounts (Reuters)

Posted: 20 Feb 2012 04:21 AM PST

Reuters - India's Kingfisher Airlines said it was forced to cancel some flights in recent days because tax authorities had frozen its bank accounts, hurting its ability to make operational payments.

Republicans Will Win Big in November If Gas Prices Remain High (ContributorNetwork)

Posted: 19 Feb 2012 04:46 PM PST

ContributorNetwork - COMMENTARY | The Republican Party is already devising their plan to unseat President Barack Obama and gas prices will be a focal point of the Republican campaign in 2012. Obama is already on record stating that high gas prices will help create a stronger alternative fuel market.
Posted by Harshad at 9:20 AM

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