Reuters Video: Business

Jobs scarce, but stocks rise

Sat, 07 Nov 2009 00:23:01 GMT

Nov. 6 - Wall Street rallied 3 percent this week as a surge in the unmeployment rate to a 26-year high did little to dent economic recovery hopes.

Seasonal workers swell job ranks

Sat, 07 Nov 2009 00:13:01 GMT

Nov. 6 - Retailers and delivery giants have thousands of job openings for temporary workers during the holidays.

Hollywood ready for holiday season

Fri, 06 Nov 2009 23:53:01 GMT

Nov. 6 - With a mix of Oscar contenders, romantic comedies, and children's films, the holiday movie season could push the yearly box office sales to a record 10 billion dollars (USD).

Yanks win a hit for NYC economy

Fri, 06 Nov 2009 22:11:27 GMT

Nov. 6 - World Series champs the New York Yankees take New York by storm in a ticker-tape parade up the Canyon of Heroes in lower Manhattan, bringing millions to the local economy.

Week Ahead: Obama heads to Asia

Fri, 06 Nov 2009 21:58:01 GMT

Nov. 6 - There will be little economic news in week ahead -- with the key event coming mid-week when President Barack Obama heads to Asia.

Temp hiring rise is bad news: Swann

Fri, 06 Nov 2009 21:31:24 GMT

Nov. 6 - Reuters columnist Chris Swann says the increase in temporary workers is bad news for the labor market because it means businesses are skeptical about the recovery and less likely to hire full-time workers.

US jobless rate tops 10%

Fri, 06 Nov 2009 21:08:01 GMT

Nov. 6 - The U.S. unemployment rate surged to a more than 26-year high of 10.2 percent in October and economists fear the rate will climb even further.

BA losses

Fri, 06 Nov 2009 17:58:12 GMT

Nov. 6 - Climate treaty unlikely this year concludes Barcelona environment talks as British Finance Minister warns against lifting special economic measures as recovery still fragile.

SAC Capital linked to Galleon case

Fri, 06 Nov 2009 16:49:12 GMT

Nov. 5 - More arrests and guilty pleas in the Galleon insider trading case means bad news for Galleon's founder, Raj Rajaratnam, according to Reuters columnist Matt Goldstein.

Labor Secretary Solis on jobs data

Fri, 06 Nov 2009 16:39:23 GMT

Nov. 06 - As the U.S. jobless rate unexpectedly jumped to a 26-1/2-year high of 10.2 percent last month, Labor Secretary Hilda Solis said she saw the jobless numbers flattening and that investment in green jobs will pay off.

China's ivory trade revival

Fri, 06 Nov 2009 10:53:01 GMT

Nov 6 - A legal sale of ivory cranked up ivory processing by Chinese workshops, but signs are emerging of demand for poached ivory.

Business Update: Asia edges up

Fri, 06 Nov 2009 07:53:01 GMT

Nov 6 - Asian shares join a global rally, as U.S. economic concerns ease after a rollercoaster week.

Iraq signs oil deal with Exxon Mobil

Fri, 06 Nov 2009 00:43:01 GMT

Nov 6 - Iraq signs a deal with Exxon Mobil executives in Baghdad to bag initial rights for development of the country's West Qurna field.

Insider trading probe widens

Fri, 06 Nov 2009 00:38:01 GMT

Nov. 5 - 14 people are charged with fraud and conspiracy, as an investigation into insider trading in America's hedge fund community, deepens.

Unemployed in West Virginia

Fri, 06 Nov 2009 00:08:01 GMT

Nov. 5 - With the US unemployment rate near 10 percent, job losses have been felt across the country including in one of the poorest states, West Virginia.

Jobless claims fall

Thu, 05 Nov 2009 23:43:15 GMT

Nov. 5 - Lawmakers voted to extend jobless benefits as a report showed applications for unemployment claims fell to a 10-month low.

A second leash on life

Thu, 05 Nov 2009 22:58:08 GMT

Nov. 4 - Wall Street veteran turns his pet passion into profits in franchising.

Rising holiday hopes

Thu, 05 Nov 2009 18:43:01 GMT

Nov 5 - Better-than-expected October sales for many American retailers and a drop in jobless claims applications to a 10-month low fueled hopes the upcoming holiday shopping season may not be as grim as feared.

EU offers file-sharers protection

Thu, 05 Nov 2009 17:33:01 GMT

Nov 5 - EU draft law offer greater protection to Internet users throughout Europe accused of illegal file-sharing.

German Opel workers on strike

Thu, 05 Nov 2009 17:03:01 GMT

Nov 5 - Thousands of German Opel workers go on strike to protest against GM's decision to keep European unit Opel, even though British Vauxhall staff were pleased with the move.

Business Update: GM slashing jobs

Thu, 05 Nov 2009 14:48:01 GMT

Nov 5 - GM is to slash 10,000 jobs across Europe as it restructures Opel and Vauxhall. The Bank of England extends its quantitative easing programme as the ECB leaves interest rates unchanged.

Toyota surprises with Q2 profit

Thu, 05 Nov 2009 10:53:01 GMT

Nov 5 - Toyota reduces its 6-month loss forecast from $4 billion to $1.37 billion on Thursday.

Business Update: Asia exporters dip

Thu, 05 Nov 2009 08:58:01 GMT

Nov 5 - Asian exporters are stung by stronger regional currencies as the dollar falls on U.S. recovery doubts.

China-Africa trade, ties grow

Thu, 05 Nov 2009 08:13:01 GMT

Nov 5 - Chinese President Wen Jiabao is expected to offer Africa at least $5 billion in credit and loans at an upcoming summit.

Fed leaves rates near zero

Thu, 05 Nov 2009 00:48:01 GMT

Nov. 4 - The Federal Reserve say it sees rates near zero for "an extended period" -- adding an economic recovery is building.