Economy & Finance

Viacom turns the corner on its ad slump

Published 01/05/2013

(Reuters) - Viacom Inc reported a 6 percent drop in revenue because of a weak slate of movies from its studio Paramount Pictures, but advertising [more…]

Cyprus bailout scrapes through island’s parliament

Cyprus bailout scrapes through island’s parliament

Published 30/04/2013

NICOSIA (Reuters) - Cyprus's parliament approved an EU bailout on Tuesday which will force it to wind down its second-largest bank and impose heavy losses [more…]

Column: Droughts put U.S. energy supply in peril

Published 30/04/2013

LONDON (Reuters) - Water and energy are inextricably linked. Power plants are the largest users of water in the United States, while substantial amounts of [more…]

Euro zone inflation fall, record jobless point to ECB rate cut

Published 30/04/2013

BRUSSELS/BERLIN (Reuters) - Inflation in the euro zone has fallen to a three-year low and unemployment has hit a new record, cementing expectations of an [more…]

Earnings’ fun-house mirror: James Saft

Published 30/04/2013

(Reuters) - U.S. corporate earnings appear as if reflected in a distorting fun-house mirror: profits are huge but revenues strangely shrunken. Corporate profits have grown [more…]

Aereo targets 30 percent of U.S. broadcasters’ market: Diller

Published 29/04/2013

LOS ANGELES (Reuters) - Barry Diller, the billionaire media mogul who is backing the startup Aereo TV service, said on Monday it expects to reach [more…]

Global stocks, euro rise on progress in Italy- S&P 500 at record

Published 29/04/2013

NEW YORK (Reuters) - World stock indexes and the euro advanced on Monday as the formation of a new government in Italy eased uncertainty about [more…]

Italy’s Letta wins confidence vote after pledging growth drive

Italy’s Letta wins confidence vote after pledging growth drive

Published 29/04/2013

ROME (Reuters) - Italy's new Prime Minister Enrico Letta won his first vote of confidence in parliament on Monday after promising to press for a [more…]

U.S. consumer bureau tweaks credit card rule for at-home parents

Published 29/04/2013

WASHINGTON (Reuters) - The consumer bureau said on Monday it tweaked its rules to fix part of a 2009 law that lawmakers and industry groups [more…]

Don’t let that 529 college plan hurt your financial aid

Published 29/04/2013

NEW YORK (Reuters) - Tax-advantaged 529 college-savings plans have been a huge help for many students and their families as the costs of higher education [more…]