- US stocks sink and bond yields rise after Bernanke says Fed could slow its bond purchases
NEW YORK, N.Y. - Stocks are closing sharply lower and bond yields are rising after Fed Chairman Ben Bernanke said the central bank could slow its massive bond purchases this year. More »US stocks sink and bond yields rise after Bernanke says Fed could slow its bond purchases
- Obama warns of lost generation due to high youth unemployment in Europe
BERLIN - President Barack Obama raised the prospect Wednesday that Europe might need to adjust its economic policies to tackle high youth unemployment and make sure that some countries … More »Obama warns of lost generation due to high youth unemployment in Europe
By Alastair Sharp TORONTO (Reuters) - A subsidiary of European telecoms company Vimpelcom Ltd has withdrawn its bid to acquire control of Canada's Wind Mobile, a surprise move that creates further uncertainty about the future of the upstart Canadian wireless company. Orascom Telecom , an Egyptian company that is majority-owned …
LONDON (Reuters) - Chinese conglomerate Dalian Wanda Group said it would spend $1.6 billion (1 billion pounds) to buy British yacht maker Sunseeker and develop an upmarket London hotel, the latest example of a trend for Chinese companies to acquire top luxury global brands. The company said on Wednesday it had agreed to …







