IMF sees rich nations propelling global growth, but risks linger
WASHINGTON (Reuters) – The International Monetary Fund on Tuesday predicted the global recovery would strengthen this year and next as output in richer nations picked up, but it warned of rising risks in emerging economies.
U.S. job openings hit six-year high in February
WASHINGTON (Reuters) – U.S. job openings jumped to their highest in six years in February and there was a significant decline in layoffs, more signs of a steadily improving labor market.
Exclusive: Apax seeks Advantage Sales buyer for more than $3 billion – sources
NEW YORK (Reuters) – Private equity firm Apax Partners LLP is exploring a sale of Advantage Sales & Marketing Inc (ASM) that could value the consumer marketing solutions provider at between $3 billion and $4 billion, according to people familiar with the matter.
Justice Department wary of Bitcoin, Attorney General says
WASHINGTON (Reuters) – The Justice Department will have to be creative in order to make sure criminals do not use virtual currencies such as Bitcoin to secretly move funds, Attorney General Eric Holder said on Tuesday.
U.S. wants one trial in $5 billion fraud case versus S&P
(Reuters) – The United States said its $5 billion civil fraud lawsuit against Standard & Poor’s should be tried all at once, rejecting the credit rating agency’s insistence that a single trial would be too big, confusing and unfair.
American Airlines says cancellations hurt first-quarter results
(Reuters) – American Airlines Group on Tuesday said flight cancellations because of bad weather hurt first-quarter results.
Wal-Mart plans 50 more India wholesale outlets, e-commerce launch
MUMBAI (Reuters) – Wal-Mart Stores Inc plans to open 50 more wholesale outlets in India and launch online operations to sell to small traders after calling off a joint venture last year and shelving plans to open its own retail stores in the country.
Nokia wins Chinese approval for Microsoft deal
HELSINKI (Reuters) – Nokia has won approval from Chinese competition authorities to sell its mobile phone business to Microsoft Corp without having to change its main technology patent practices, it said on Tuesday.
Lufthansa agrees to fresh labor talks with pilots
FRANKFURT (Reuters) – German carrier Lufthansa said it had agreed to meet with pilots’ union VC on Thursday to discuss their demands for an early retirement scheme and higher pay.
Bruised stocks sag before U.S. earnings start
LONDON (Reuters) – A three-day sell-off in world stocks slowed on Tuesday as investors settled into position for the start of U.S. earnings season and gains in China added to signs of revived emerging-market demand.
