Category Archives: Americas
China January-April FDI inflow at $37.9 billion, outlook dark
(Reuters) – China’s foreign direct investment inflows dropped 2.4 percent in the first four months of 2012 versus last year, the longest period of declining inflows since the depths of the global financial crisis and … continue…
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Global shares fall as deepening Greek turmoil weighs
(Reuters) – Asian shares fell on Monday after weekend talks to form a new Greek government failed and China’s latest move to loosen monetary policy highlighted concerns its economy is faltering, prompting investors to further … continue…
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May consumer sentiment hits more than 4-year high
(Reuters) – U.S. consumer sentiment rose to its highest in more than four years in early May as Americans remained upbeat about the job market, a survey released on Friday showed. The Thomson Reuters/University of … continue…
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Facebook’s IPO already oversubscribed
(Reuters) – Facebook Inc’s record initial public offering is already oversubscribed, a source familiar with the share listing said, days after the world’s largest social network embarked on a cross-country roadshow to drum up investor … continue…
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JPMorgan reveals $2 billion trading loss
(Reuters) – JPMorgan Chase & Co, the biggest U.S. bank by assets, said it suffered a trading loss of at least $2 billion from a failed hedging strategy, a shock disclosure that hit financial stocks … continue…
FedEx to buy France’s TATEX to expand in Europe
(Reuters) – FedEx Corp (FDX.N) said Thursday its Express arm will buy privately held French package delivery company TATEX to expand its express delivery network in Europe. Terms of the deal were not disclosed. TATEX, … continue…
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Cisco shares drop on tech spending worries
(Reuters) – Shares of Cisco Systems Inc (CSCO.O) slid more than 9 percent in early trading after the network equipment maker’s disappointing outlook exacerbated worries about government spending in the United States and Europe. Cisco’s … continue…
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Wall Street Week Ahead: All eyes on European elections
After Wall Street ended its worst week of the year on Friday, U.S. stock investors will look across the Atlantic next week to take their cue from Europe as France and Greece go to the … continue…
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City surplus expected to double
Toronto’s red hot real-estate market has helped deliver an unexpected boost to the city’s bottom line. The city will officially announce its year-end fiscals on Monday and it’s expected the surplus will be about $290 … continue…
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