Japan economy on track as stimulus spending eyed: Poll
TOKYO (Reuters) – Japan’s economy will remain on track as the government prepares a 5 trillion yen ($50.6 billion) stimulus package to offset the drag from a sales tax increase scheduled for next April, a Reuters poll showed.
Syngenta earnings to miss expectations
ZURICH (Reuters) – Syngenta, the world’s largest agrochemicals company, said earnings for the year will come in lower than it expected due to a writedown on seed stocks and emerging market currency swings will reduce a benefit from exchange rates.
Twitter hires Google executive as head of retail: report
(Reuters) – Twitter Inc has hired an advertising executive from Google Inc to head its retail division, as the online messaging company ramps up hiring and works to expand its business ahead of an initial public offering, Bloomberg reported on Wednesda…
For hedge funds, debt crisis largely business as usual
BOSTON/NEW YORK (Reuters) – Hanging tough seems to have been the right strategy for a good number of money managers now that Congress has approved a stop-gap deal to avoid a federal debt default and reopen the U.S. government.
China trade faces challenges in coming months: ministry
BEIJING (Reuters) – China’s trade will face challenges in coming months due to slowing demand from emerging markets, the commerce ministry said on Thursday.
Witnesses say U.S. lawyer used fraud in Chevron case in Ecuador
NEW YORK (Reuters) – A U.S. lawyer used fraud to win a historic $18 billion judgment against Chevron Corp for polluting the Ecuadorean jungle, witnesses said at a trial in New York on Wednesday.
EBay holiday quarter outlook disappoints on U.S. weakness
(Reuters) – EBay Inc on Wednesday gave a disappointing holiday forecast, saying the U.S. economic environment, including consumer confidence, had deteriorated in part because of the shutdown of the U.S. government.
Lockheed to lay off 600 workers in mission systems, training
WASHINGTON (Reuters) – Lockheed Martin Corp, the largest U.S. defense contractor, on Wednesday became the latest weapons maker in recent months to announce layoffs, saying it would let go of 600 workers in its Mission Systems and Training Division late…
Witnesses say U.S. lawyer used fraud in Chevron case in Ecuador
NEW YORK (Reuters) – A U.S. lawyer used fraud to win a historic $18 billion judgment against Chevron Corp for polluting the Ecuadorean jungle, witnesses said at a trial in New York on Wednesday.
Prosecutors appeal to common sense in trial of Madoff employees
NEW YORK (Reuters) – A federal prosecutor urged jurors on Wednesday to use their common sense to find five former employees of Bernard Madoff guilty of helping him carry out a massive fraud on his investors.
