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  • Moody's cuts Amazon outlook to 'negative' Monday, 1 Dec 2014 | 12:19 PM ET
    An Amazon.com Inc. employee lifts a box from a conveyor at the company's fulfillment center in Tracy, Calif.

    Moody's cut its outlook on online retailer Amazon to 'negative,' prompted by the online retailer's announcement that it was issuing new debt.

  • "The news overseas has been bullish for Treasuries," said Jake Lowery, a portfolio manager at Voya Investment Management in Atlanta. Wall Street dropped in early trading, and the MSCI world equity index fell 0.83 percent to 422.29. German manufacturing activity shrank in November at the fastest rate in 17 months, a survey showed, and Moody's Investors Service...

  • BUSINESS-NEWS-SCHEDULE AT 1600 GMT /10.30 AM ET Monday, 1 Dec 2014 | 10:43 AM ET

    Asia, Europe, U.S. factory activity slows despite price cuts. LONDON/ SYDNEY/ NEW YORK- Manufacturing growth across Asia, Europe and the U.S. slowed in November as heavy price cutting failed to revive demand, surveys shows, more evidence that a feeble global recovery may be grinding to a halt. LONDON- Oil prices hit five-year lows as slowing factory activity in China...

  • *Moody's cuts Japan's credit rating. LONDON, Dec 1- Oil prices hit five-year lows on Monday as slowing factory activity in China and Europe added to the impact of OPEC's decision to maintain supply, hammering resource-linked stocks and currencies. The yen took another brief hit after Moody's Investors Service cut Japan's credit rating.

  • *Japan's ability to hit debt-reduction goal uncertain-Moody's. TOKYO, Dec 1- Moody's Investors Service on Monday downgraded Japan's sovereign debt rating by one notch to A1, citing rising uncertainty over the country's ability to hit its debt-reduction goal. Tom Byrne, regional credit officer of Moody's, said the downgrade was closely linked to Abe's...

  • TOKYO, Dec 1- Japanese Prime Minister Shinzo Abe needs to take more steps to meet the government's deficit-reduction targets, Tom Byrne, regional credit officer of Moody's Investors Service said on Monday. "A delay means there is more uncertainty about measures to reduce the deficit. His remarks came after Moody's downgraded Japan's sovereign debt rating by...

  • TOKYO, Dec 1- Moody's Investors Service on Monday downgraded Japan's sovereign debt rating by one notch to A1, citing rising uncertainty over the country's ability to hit its debt-reduction goal. "There are concerns the Bank of Japan's quantitative easing and Japan's high household assets have made the government complacent on fiscal policy."

  • Moody's downgrades Japan's sovereign debt rating Monday, 1 Dec 2014 | 3:47 AM ET

    TOKYO, Dec 1- Moody's Investors Service on Monday downgraded Japan's sovereign debt rating by one notch to A1 from Aa3, citing heightening uncertainty over the country's ability to hit its debt-reduction goal. The announcement briefly sent the yen to a seven-year low against the dollar and pushed 10- year Japanese government bond futures down by 10 ticks.

  • WEST HARTFORD, Conn./ CHICAGO, Nov 28- Mall crowds were relatively thin on Black Friday in a sign of what has become the new normal in U.S. holiday shopping: the mad rush is happening the night of Thanksgiving and more consumers are picking up deals online. Across the United States, shoppers were greeted by protesters at hundreds of stores- some calling for higher wages...

  • WEST HARTFORD, Conn./ CHICAGO, Nov 28- Mall crowds were relatively thin on Black Friday in a sign of what has become the new normal in U.S. holiday shopping: the mad rush is happening the night of Thanksgiving and more consumers are picking up deals online. "It just looks like any other weekend," said Angela Olivera, a 32- year-old housewife shopping for children's...

  • Nov 26- Puerto Rico's public transit system will shut down on Monday if lawmakers do not increase a tax on oil, the U.S. commonwealth's Government Development Bank said, accusing politicians of taking an "irresponsible" gamble on the island's economy. The possible shutdown of Puerto Rico's buses and commuter train services, affecting 75,000 commuters, would be a...

  • Do German bonds face Japanification? Tuesday, 25 Nov 2014 | 11:17 PM ET

    The euro zone's disinflation has spurred fears of Japan-style deflation, possibly keeping yields on the German bund depressed for the long haul.

  • SAO PAULO, Nov 18- A graft investigation at Brazilian state-run oil company Petroleo Brasileiro SA is hurting the credit outlook for major suppliers accused of participating in the alleged bribery scheme, Moody's Investors Service said on Tuesday. Moody's downgraded its rating of Mendes Junior Trading e Engenharia SA to B3 from B2 and put a negative outlook...

  • Nov 17- Public and private U.S. colleges and universities will see the weakest tuition revenue growth in a decade in 2015, Moody's Investors Service forecast on Monday. Regional public universities and small private colleges, especially in the Northeast and Midwest, are less able to raise tuition above the rate of inflation, Moody's said in its annual tuition...

  • RIO DE JANEIRO/ SAO PAULO, Nov 14- Brazilian police arrested a former Petróleo Brasileiro SA executive on Friday, sending the state-run oil company's shares and bonds down after a widening corruption scandal forced it to delay the release of its financial results. Former engineering director Renato Duque was the second senior executive arrested at...

  • Will retail therapy damp Singapore’s growth? Wednesday, 12 Nov 2014 | 9:27 PM ET

    Singapore's economy has managed slow-and-steady growth despite a mediocre global view, but high household debt may come back to haunt the city-state.

  • WASHINGTON, Nov 12- It is the billion-dollar question in the U.S. telecom industry: What will satellite TV mogul Charlie Ergen do with his Dish Network Corp? And the Federal Communications Commission's auction of airwaves that begins on Thursday may provide an answer. "I may be off my rocker, but I think the spectrum you have could be worth as much as the entire market...

  • TIMELINE-A history of Detroit's fiscal problems Friday, 7 Nov 2014 | 6:02 PM ET

    Nov 7- A U.S. judge on Friday confirmed Detroit's plan to exit the largest-ever municipal bankruptcy. -Detroit's descent into fiscal insolvency can be traced back to the waning days of long-time Mayor Coleman Young's administration, when the city was already deep in debt and struggling with a budget deficit. Both Young and the Michigan state treasurer raised...

  • Modi selloff drive stalls, more spending cuts on way Thursday, 6 Nov 2014 | 6:50 PM ET
    BJP leader Narendra Modi.

    India will fall well short of its $9.5 billion privatization target this year, despite a big stock market rally that has attracted foreign investors.

  • Mortgage-backed securities back in vogue? Thursday, 6 Nov 2014 | 5:49 PM ET

    The collapse of mortgage-backed securities drove the financial crisis, but many fund managers are snapping up the precrisis offerings.