Exclusive: American Red Cross pressured to rid itself of tobacco money
New York (Reuters) – The American Red Cross risks damaging the reputation of the global Red Cross brand because of its refusal to stop accepting donations from tobacco companies, a top official with the humanitarian network said.
Monsanto profit falls, but less sharply than Wall St expected
(Reuters) – Monsanto Co on Wednesday reported a 34 percent drop in quarterly profit, in part because of lower planted corn acreage in South America and a shift in timing of some sales, but the decline was less steep than analysts expected.
Trade, employment data boost U.S. economy’s fundamentals
WASHINGTON (Reuters) – The U.S. trade deficit fell to an 11-month low in November as declining crude oil prices curbed the import bill, prompting economists to sharply raise their growth estimates for fourth-quarter growth.
Obama advisers to recommend veto of House Keystone bill
WASHINGTON (Reuters) – President Barack Obama’s advisers will recommend he veto a House bill approving construction of the Keystone XL oil pipeline if the legislation reaches his desk, the White House said in a statement on Wednesday.
Euro slide not over as pressure grows on ECB: Reuters poll
LONDON (Reuters) – The euro’s slide is not yet over because diverging monetary policies at the European Central Bank and the United States Federal Reserve will sink the currency to levels not seen since late 2003, a Reuters poll found.
Emerging currencies face bumpy year but much already priced in: Reuters poll
BRASILIA (Reuters) – Emerging market currencies will stay under pressure in 2015, a Reuters poll found, though they may not fall as much as last year as lower commodity prices and tighter monetary policy in the United States could be largely priced in …
EU publishes confidential papers to defend U.S. trade deal
BRUSSELS (Reuters) – The European Union made public on Wednesday confidential papers being used to negotiate a free trade deal with the United States, an unprecedented step to deflect criticism from anti-globalization campaigners that Brussels is drawi…
U.S. private job growth accelerates in December: ADP
NEW YORK (Reuters) – U.S. private employers added 241,000 jobs in December, beating the median forecasts of analysts and bringing their annual hiring to 2.5 million for 2014, a report by a payrolls processor showed on Wednesday.
McDonald’s Japan apologizes after tooth, plastic found in food
TOKYO (Reuters) – McDonald’s Japan has apologized to customers and vowed to ensure product safety after objects including a tooth and plastic were found in its food, the latest trouble for a fast-food chain hit by sliding sales and a shortage of french…
Greek euro exit, debt rescheduling not on agenda: Moscovici to Le Monde
PARIS (Reuters) – Questions of Greece exiting the euro or rescheduling its debt are not on the agenda, European Economic Affairs Commissioner Pierre Moscovici told Le Monde newspaper in an interview published on Wednesday.
