U.S. economy bruised by fiscal fight: Treasury Secretary
WASHINGTON (Reuters) – The U.S. economy has been hurt by a recent budget standoff in Washington and it is important that the nation does not go through another around of brinkmanship, Treasury Secretary Jack Lew said on Sunday.
Insight: Mexico drives North American auto investment, challenges China
DETROIT (Reuters) – The Mexican auto industry is about to go on a $10 billion factory building spree, illustrating the nation’s rising economic challenge to rivals from the United States to China.
Karnit Flug named Bank of Israel governor
TEL AVIV (Reuters) – Israel on Sunday named Karnit Flug as the first woman to head its central bank and meet the challenge of a rising shekel after a rocky selection process that dragged on for months.
Insight: As Brazil’s Batista falters, Rio dream does too
RIO DE JANEIRO (Reuters) – Investors who bet on Eike Batista have lost billions over the past year as the Brazilian’s ephemeral business empire imploded.
Twitter quitters dog IPO
SAN FRANCISCO (Reuters) – Retired schoolteacher Donald Hovasse signed up for Twitter about a year ago at the urging of his daughter. He lost interest after trying the service a few times and finding lots of celebrities but few of his friends using the …
Big data heralds return of the Cray supercomputer
SEATTLE (Reuters) – “Big data” means big computers, and good news for Cray Inc.
BoE’s Broadbent: Rates could rise fair amount before problems
LONDON (Reuters) – The Bank of England has some leeway to raise record low interest rates without hitting borrowers buying homes with the help of government lending schemes, BoE policymaker Ben Broadbent said on Sunday.
Anglican leader pressures British energy giants over price rises
LONDON (Reuters) – The Archbishop of Canterbury, spiritual leader of the world’s Anglicans, weighed into Britain’s debate over energy prices on Sunday, calling on companies to justify the latest rises and siding with cash-strapped families.
Oman’s Galfar says MD resumes work after questioning
DUBAI (Reuters) – Oman’s Galfar Engineering and Contracting said on Sunday that its managing director had resumed work after being questioned by authorities.
Haunted house business gets boost as techs up thrill ante
PHILADELPHIA (Reuters) – Ed Terebus was an 18-year-old high school student when he and his big brother Jim, a laid-off auto worker, decided to build their first haunted house 34 years ago.
