In the past two days, U.S. apparel retailers, American Eagle Outfitters and Urban Outfitters Inc have warned that results in the current quarter would be hurt by stiff competition and choppy sales trends at malls.» Read More
The stoppage halted about one-third of production by the world's No. 4 coal exporter and was the second major strike in Colombia's coal sector this year, cutting royalty revenues for the government and crimping economic growth.
WASHINGTON, Sept 14- Japan's Suzuki Motor Co is recalling 193,936 Grand Vitara SUVs and SX4s cars because of a defective air bag sensor mat in the front passenger seat, U.S. officials said.
TOKYO, Sept 15- Japan is set to be nuclear power-free, for just the third time in more than four decades, and with no firm date for re-starting an energy source that has provided about 30 percent of electricity to the world's third-largest economy.
TOKYO, Sept 15- The Fukushima nuclear disaster is driving one of Japan's biggest industry overhauls since World War Two, as new, nimble suppliers take business from the big regional power monopolies, and manufacturers, from steelmakers to drinks firms, generate their own power and sell what they don't need.
LONDON, Sept 15- From his 23rd floor office of Citi's Canary Wharf tower, Tom Bolland can see the old European HQ of Lehman Brothers, where five years ago hundreds of his former colleagues were abruptly turfed out onto the street carrying their belongings in boxes.
LONDON, Sept 15- Hedge funds which gambled on how much money would be recovered from the bankrupt carcass of Lehman Brothers are set to make hundreds of millions of pounds from a full payout to creditors of the European arm.
CHICAGO, Sept 14- The union representing Canada's auto workers said on Saturday it has reached a tentative agreement with General Motors for production and skilled trades workers at its assembly plant in Ingersoll, Ontario. The recently formed union is a merger of the Canadian Auto Workers and the Communications, Energy and Paperworkers Union of Canada.
Treasury Secretary Lawrence Summers has pulled out of speaking engagements and other events involving Citigroup Inc while President Barack Obama considers whether to nominate the Harvard economist as the next chairman of the Federal Reserve, the bank said in a statement.
*Berlin prepares plan for bank resolution for after elections. So far, Berlin has insisted the 28- nation bloc needs to amend its Treaty if it is to move the power to unwind or fix struggling banks from a national to a European level.
A clutch of hot Silicon Valley names that have steered clear of the markets may now gravitate back if Twitter helps revive investor interest in consumer apps and dotcoms.
TOKYO, Sept 14- Japan's first new rocket in 12 years lifted off on Saturday, after two setbacks last month, keeping alive hopes that the country may eventually be able to enter the growing, multi-billion dollar satellite launch industry.
Britain's economy is picking up at last but the country has a problem it didn't face after previous recessions.
Some of Microsoft's top investors have urged the technology giant's board to consider Ford Motor's CEO and Computer Sciences CEO as Ballmer successor.
China's imports of crude oil, iron ore, copper and soybeans fell in August from July's record highs, but shipments stayed at elevated levels.
Starboard Value has received "non-binding written indications of interest" for its Smithfield Foods assets, the company said on Tuesday.
Radiation near a tank holding highly contaminated water at Japan's crippled Fukushima nuclear plant has spiked 18-fold, the plant's operator said on Sunday.
China is investigating the head of its state assets regulator for "serious discipline violations", the government said on Sunday.
China's factory activity expanded at the fastest pace in more than a year in August with a jump in new orders, official data showed on Sunday.
There were fewer U.S. foreclosures in July than a year ago, while properties in the foreclosure pipeline also fell, according to CoreLogic data.
Brazil raised its benchmark interest rate to a 16-month high of 9 percent on Wednesday, maintaining the pace of monetary tightening to fight inflation and rebuild investors' confidence in Latin America's largest economy.