Russia says needs more guarantees to allow U.S. pork imports
MOSCOW (Reuters) – Russia needs more guarantees to allow the U.S. pork imports from two subsidiaries of producer Smithfield Foods Inc, Russia’s veterinary and phytosanitary watchdog (VPSS) said on Tuesday.
Obama 2015 budget seeks $60 billion tax credit expansion: White House
WASHINGTON (Reuters) – President Barack Obama will strike a firmly populist tone in his 2015 budget plan on Tuesday, proposing to pay for an expansion of a popular tax credit for the working poor by eliminating tax breaks claimed by wealthy Americans.
U.S. court rejects BP appeal over Gulf spill losses
(Reuters) – A divided U.S. appeals court on Monday rejected BP Plc’s bid to block businesses from recovering money over the 2010 Gulf of Mexico oil spill, even if they could not trace their economic losses to the disaster.
Japan finance minister: Gathering facts on bitcoin, unsure whether crime involved
TOKYO (Reuters) – Japanese Finance Minister Taro Aso said on Tuesday that the government is still trying to figure out what has led to the collapse of the Tokyo-based bitcoin exchange Mt. Gox and is not sure whether crime is involved.
Toyota sees 2014 Europe sales at more than 865,000 units
GENEVA (Reuters) – Toyota Motor Corp expects to sell more than 865,000 vehicles in Europe this year, up from 847,530 in 2013, helped by a gradually recovering market and the popularity of its hybrid models, the head of its European operations said on M…
Headhunters can play role in boosting women in UK boardrooms: review
LONDON (Reuters) – Headhunter firms should do more to help boost the number of women sitting on British boards, including compiling a list of “board-ready women,” a government-backed review said on Tuesday.
Risk-off, but no U.S. investor panic over Ukraine
NEW YORK (Reuters) – Russia’s military move on the Crimean peninsula has raised tensions between Moscow and the West to levels not seen since the Cold War ended, but U.S. investors are not yet ready to sell, duck or cover.
Ukraine sparks Russian funds selloff, but winners emerge
NEW YORK (Reuters) – The crisis in Ukraine sent the Russian stock market tumbling on Monday, delivering a blow to already-punished portfolio managers who took outsized bets on eastern Europe this year, but generously rewarding those who had shorted the…
Wall Street sells off as Ukraine-Russia tension rises
NEW YORK (Reuters) – U.S. stocks tumbled on Monday alongside other risky assets globally as tensions in Ukraine and Russia escalated after Russian President Vladimir Putin declared he had the right to invade his neighbor.
U.S. factory, spending data hint at improving economy
WASHINGTON (Reuters) – U.S. factory activity rebounded last month from an eight-month low and consumer spending increased more than expected in January, suggesting the economy was regaining some strength after abruptly slowing in recent months.