en-us Wed, 25 Nov 2009 11:30:11 -0800 Wed, 25 Nov 2009 04:36:44 -0800 JPM JPM Reuters UK) - German economic growth accelerated in the third quarter on a build up of inventories and gains in investment, and firmer business morale in November boosted hopes the recovery can gain momentum.The Ifo think tank's business climate index, based on a monthly poll of some...]]> Tue, 24 Nov 2009 05:45:39 -0800 Reuters UK) - Oil prices would threaten a rebound in the global economy if they rise beyond current levels, the chief economist of the International Energy Agency said on Monday."We would like to see oil prices not to go higher than these levels as it is...]]> Mon, 23 Nov 2009 22:45:34 -0800 Reuters UK) - Prime Minister Gordon Brown pledged on Monday to keep emergency support measures for the economy in place and appealed to world leaders to work together to tackle global imbalances that could hamper recovery.Brown, who is counting on an economic upturn to...]]> Mon, 23 Nov 2009 08:00:58 -0800 Reuters UK) - Britain's economy has hit bottom and there are secure foundations for a recovery, the chief executive of one of the country's top retailers said on Monday."I think we have got to the bottom and we have some fairly secure foundations" for recovery, Marks & Spencer Chief...]]> Mon, 23 Nov 2009 07:31:49 -0800 Reuters) - The global economy is in a holding pattern and vulnerable to more upheaval, and a lasting recovery will depend on policymakers taking the proper steps in coming months, the head of the IMF said on Monday.Rich countries' top priority should be planning to clean up...]]> Mon, 23 Nov 2009 06:45:38 -0800 Reuters UK) - Confidence among British businesses has climbed to a six-year high, the Institute of Chartered Accountants in England and Wales ICAEW, said on Monday.The Business Confidence Monitor survey showed a 24.6 rise for the fourth quarter, up from 4.8 in the third quarter, the Times newspaper said.This...]]> Sun, 22 Nov 2009 18:00:53 -0800 Reuters) - The independence of the Federal Reserve is essential for credible monetary policy and doubts about the U.S. central bank's ability to do its job without political interference could hurt the nascent economic recovery, a senior Federal Reserve official said on Sunday."Talk of eroding the Fed's independence...]]> Sun, 22 Nov 2009 15:30:14 -0800 Reuters UK) - Banks may be unable to finance a sustained recovery from recession, the Confederation of British Industry CBI told the Independent newspaper.The employers organisation also told the newspaper that the experience of the slump has made employers more risk averse, companies more nervous about investing, and business...]]> Sun, 22 Nov 2009 13:46:43 -0800 Reuters) - U.S. stocks fell for a third straight day on Friday as investors took weaker-than-expected results from computer maker Dell DELL and homebuilder D.R. Horton DHI as a further sign that the recovery would be anemic.Following the S&P 500's gain of more than 60 percent...]]> Fri, 20 Nov 2009 13:45:12 -0800 CVX KO DHI DELL GE GS MRK DOW CVX,KO,DHI,DELL,GE,GS,MRK,DOW Fri, 20 Nov 2009 13:36:51 -0800 Reuters) - Dell DELL, the world's No.3 PC brand, said on Friday that its core business of selling computers to companies was returning, after a sharp drop-off during the global downturn led to disappointing quarterly results.Dell's commercial business has traditionally made up the bulk of its revenue,...]]> Fri, 20 Nov 2009 06:45:20 -0800 DELL HPQ MSFT DELL,HPQ,MSFT Reuters UK) - Asia is leading the global economy out of the deepest downturn in decades but the recovery will be marred by high unemployment and huge government debt across the industrialised countries, the OECD said on Thursday.Central banks and governments in major Western economies should prepare...]]> Thu, 19 Nov 2009 05:31:23 -0800 Reuters) - Asia is leading the global economy out of the deepest downturn in decades but the recovery will be marred by high unemployment and huge government debt across the industrialized countries, the OECD said on Thursday.Central banks and governments in major Western economies should prepare for...]]> Thu, 19 Nov 2009 03:15:15 -0800 Reuters UK) - Britain needs to come up with a concrete plan to cut its ballooning budget deficit to soothe concerns about the stability of the public finances, a leading think-tank said on Thursday.The Organisation for Economic Co-operation and Development said ultra-loose monetary policy and government measures have helped...]]> Thu, 19 Nov 2009 02:16:12 -0800 Reuters) - U.S. stocks broke three days of gains on Wednesday following worrisome outlooks from two major software makers and a surprising drop in home construction last month.But stocks sharply cut the session's losses just before the closing bell as many investors pointed to a strong...]]> Wed, 18 Nov 2009 13:45:21 -0800 ADSK BAC CVX FCX NDAQ PHM CRM ADSK,BAC,CVX,FCX,NDAQ,PHM,CRM Reuters UK) - Top Federal Reserve officials on Tuesday struck differing notes on the likely pace of the U.S. economic recovery and one warned that pockets of weakness must not deter the central bank from withdrawing its extraordinary economic support.Jeffrey Lacker, the president of the Richmond...]]> Tue, 17 Nov 2009 15:16:19 -0800 Reuters) - Top Federal Reserve officials on Tuesday struck differing notes on the likely pace of the U.S. economic recovery and one warned that pockets of weakness must not deter the central bank from withdrawing its extraordinary economic support.Jeffrey Lacker, the president of the Richmond Federal...]]> Tue, 17 Nov 2009 15:15:35 -0800 Reuters) - Don't expect the expanded home buyer tax credit to be a permanent cure for the U.S. housing market. It won't.Take the spike in mortgage demand created by the tax credit this summer. It was followed by a plunge as the incentive was set to...]]> Tue, 17 Nov 2009 13:30:48 -0800