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JP Morgan raises year-end target on S&P 500

6.44 pm | 20 Nov 2009 |  Source: Reuters

JP Morgan Securities raised its year-end target on the Standard & Poor's 500 index to 1160 from 1100, to reflect its higher 2010 earnings expectations...

Ferrero, Hershey would likely break up Cadbury

6.44 pm | 20 Nov 2009 |  Source: Reuters

Cadbury suitors Ferrero and Hershey would likely break the UK confectioner up into separate businesses if a mooted bid for the company succeeds, an It...

Investors ask Goldman to be less greedy

6.44 pm | 20 Nov 2009 |  Source: Reuters

Big shareholders at Goldman Sachs have asked the U.S. bank, on track to deliver $20 billion in bonuses, to pass more profit to investors after it ...

StanChart eyes $800 mln in renewable deals

6.44 pm | 20 Nov 2009 |  Source: Reuters

Standard Chartered Plc said it planned to invest in several renewable energy projects in Asia worth over USD 800 million....

State, local budget cuts a 'time bomb' for US jobs

6.00 pm | 20 Nov 2009 |  Source: Reuters

Budget shortfalls pose a direct threat to millions of US jobs, many in the private sector, as state and local governments lay off workers and cut spen...

Fund flows rush to emerging mkts, commodities: EPFR

4.43 pm | 20 Nov 2009 |  Source: Reuters

Investors pumped money into emerging market assets and commodities to diversify away from a weak dollar in the week ending Nov. 18, but U.S. equity fu...

What drives China? Soon, cleaner fuel

4.43 pm | 20 Nov 2009 |  Source: Reuters

Lorry driver Zhang Jianwei isn't worried about cleaner fuel requirements that come into force in China next year, raising the price of motor fuels -- ...

Sri Lanka top general signals bid for presidency

4.43 pm | 20 Nov 2009 |  Source: Reuters

Sri Lanka's top general, who quit amid speculation he could run for president, pledged on Friday to fight for democracy and human rights after the end...

Lashkar-e-Taiba threat revived after Chicago arrest

4.43 pm | 20 Nov 2009 |  Source: Reuters

The arrest of two men in Chicago on terrorism charges linked to Lashkar-e-Taiba has revived fears about the Pakistani militant group's global reach an...

World stocks and dollar both gain

4.08 pm | 20 Nov 2009 |  Source: Reuters

Financial markets saw a rare breakdown in correlations on Friday with world stocks eking out modest gains after the previous sessions losses but the d...

Deutsche Telekom seeks partner in US

1.47 pm | 20 Nov 2009 |  Source: Reuters

Deutsche Telekom, Europe's largest telecoms company, is looking for a partner for its US mobile communications business, German paper Handelsblatt rep...

Big shareholders ask Goldman to cut bonuses - WSJ

1.38 pm | 20 Nov 2009 |  Source: Reuters

Some of Goldman Sachs Group Inc's largest shareholders have asked the company to cut the size of its bonus pool and pass along more of its profits to ...

Idearc says court approves standby Paulson agreement

1.08 pm | 20 Nov 2009 |  Source: Reuters

Bankrupt US telephone yellow-pages publisher Idearc Inc said on Friday a Dallas bankruptcy court had approved a standby purchase agreement where hedge...

Dell bets on corporate spending for recovery

1.07 pm | 20 Nov 2009 |  Source: Reuters

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 ...

Bank bill delayed in US House, Senate divided

1.05 pm | 20 Nov 2009 |  Source: Reuters

Progress toward tighter US financial regulation faltered in the US Congress on Thursday as a House committee postponed a pivotal vote and Republicans ...

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