LONDON, March 7- Reuters is running a series of stories about women in finance as part of its coverage of International Women's Day on March 8. *Just one in seven delegates attending the annual World Economic Forum this year was a woman, according to Grant Thornton's report.» Read More
Cheaper energy and transportation prices helped keep overall consumer prices in check, the Labor Department said, a surprise after a run-up that heightened concerns about inflation.
Euro zone inflation hit a new record high of 3.3 percent in February, the European Union's statistics office said, with soaring oil prices taking their toll despite the cushion of a strong euro.
Asian stocks ended mixed Friday as investors were uncertain about whether the worst was indeed over for credit markets. Japan shed 1.5 percent but Australia managed to hang on to gains closing 1.4 percent higher.
China's capital spending on assets such as flats and factories eased at the start of the year, providing more evidence of a modest slowdown in the world's fourth-largest economy.
A mortgage bailout plan hatched between Wall Street and Congress is gaining political traction even though it could be on a crash-course with the Bush administration.
Subprime mortgage write-downs could reach $285 billion, but an end to the write-downs is in sight for big financial firms, S&P said.
Oil prices jumped to a record $111 a barrel Thursday, extending a rally that has added nearly 30 percent to prices in just over a month, amid all-time weakness in the dollar.
Private equity firms are busy sizing up potential acquisitions in the oilfield services sector, even as many assumed the global credit crunch would knock some out of play.
The dollar plunged below 100 yen Thursday for the first time in more than a decade and hit a record low against the euro as worries deepened on Wall Street that the United States had entered a recession.
U.S. consumers cut spending in February and the labor market continued to weaken, suggesting the household-spending pillar that had supported the economy's expansion may be giving way.
We've interviewed a dozen property investors at this year's MIPIM and I can't help wondering if we're really getting the full story.
Asian markets sank Thursday with investors spooked by news that Netherlands-listed fund Carlyle Capital, expects its lenders to seize its assets and cause its likely liquidation. Carlyle Capital is an affiliate of private equity firm Carlyle Group.
China's factory output slowed by more than expected in the first two months of the year in the face of a government tightening campaign and snowstorms that brought broad swaths of the country to a halt.
Australian employment growth blew past all expectations in February while the jobless rate hit fresh 33-year lows, reviving speculation that the drum-tight labor market might yet spark another rise in interest rates.
It's certainly a new day in the oil markets when crude supplies can rise more than four times expectations, gasoline inventories have run up to their highest level in about 15 years -- and we're in the midst of a serious economic slowdown -- yet oil prices surge to a new all-time high of $110.20 per barrel on the Nymex floor.
U.S. crude oil futures rose sharply higher on Wednesday, lifted by a tumbling dollar to settle at a record close near $110.
The dollar tumbled to a record low against the euro Wednesday as doubts grew about the long-term impact of recent Federal Reserve efforts to pump money into cash-starved credit markets.
I'm bracing myself for another volatile session in the oil pits. Nymex crude has been testing $109 a barrel this morning -- after a more than $3 swing yesterday from the early morning high near $110, when the dollar fell to an all-time low against the euro, to under $107, after the Fed's move to improve liquidity in the financial markets caused the dollar to rebound.
British finance minister Alistair Darling cut growth forecasts and sharply ramped up borrowing on Wednesday as the economy faces tough times and his government slides in the polls.
You figured the automakers would eventually scream "UNCLE!" I'm not sure it's a scream, but it's more than just a whisper. One thing is clear: the automakers are once again turning to 0 percent financing to spur sales that are stalling.