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German business optimism rises in DecemberDec. 18
BERLIN - German business confidence rose for a ninth consecutive month in December as Europe's biggest economy recovered steadily from its worst recession in decades, a leading survey showed Friday.
FedEx sees stumbling blocks before recovery Dec 17 NEW YORK - FedEx says the economy has "reached a turning point," but a full recovery could still be a long way off.
French economy to shrink in 2009, grow in 2010 Dec 17 PARIS - The French economy will emerge slowly from recession in 2010, with weak growth forecast for both the first and second quarters, France's national statistics agency said Thursday.
Banks borrow less from the Fed over past week Thu Dec 17 WASHINGTON - Banks borrowed slightly less from the Federal Reserve's emergency lending program over the past week.
Fears over bank reserves overblown: Fed paper Dec 17 NEW YORK (Reuters) - Concerns over the surge in excess reserves in the U.S. banking system and its potential to fire up inflation are "largely unwarranted," according to two New York Federal Reserve economists.
Senate panel backs Bernanke for second term Dec 17
WASHINGTON (Reuters) - Federal Reserve Chairman Ben Bernanke's nomination to a second term cleared a Senate panel on Thursday despite some lawmakers' misgivings, setting the stage for a contentious Senate debate and vote in January.
FTSE 100 plummets 1.93% Dec 17
LONDON (AFP) - The leading stock exchange fell sharply on Thursday as investors reacted nervously to the debt crisis in eurozone member Greece and weak demand for a share offering by US banking giant Citigroup.
Stocks seen notching up more gains in 2010 Dec 16
NEW YORK (Reuters) - Stocks should score a second straight year of gains in 2010 as an economic recovery brightens the profit outlook, extending the market's rebound from the depths of a punishing financial crisis, a Reuters poll showed on Wednesday.
FTSE 100 slips on Austria, Greece concerns Dec 15
LONDON (AFP) - The FTSE 100 index slipped lower on Tuesday in the face of mixed economic news amid concerns in Europe over the Greek debt crisis and the stability of Austrian banks.
FTSE steady at open Dec 15
LONDON (AFP) - The London stock market was steady at the start of trade on Tuesday following fresh 2009 highs for Wall Street.
China outstrips US as center for IPOs Dec 15 HONG KONG - China has outstripped the U.S. in the amount of money raised from stock listings, underscoring the region's stronger economy and a resurgence in investment.
Global stocks boosted as Abu Dhabi bails out Dubai Dec 14 LONDON (AFP) - World stock markets mostly rallied on Monday after troubled Dubai received a 10-billion-dollar (6.8-billion-euro) bailout from oil-rich Abu Dhabi, analysts said.
Congress OKs bill to boost SEC, fund agencies Dec 13 WASHINGTON (Reuters) - A $447 billion bill that would boost financial oversight and high-speed rail, encourage needle exchanges for drug addicts, and advance other Democratic priorities won final U.S. congressional approval on Sunday.
Euro regains ground; oil, shares firmer Dec 18
LONDON (Reuters) - The euro clawed back some of its recent steep losses against the dollar and yen on Friday and rose off nine-month lows versus the Swiss franc while higher oil prices pushed European stocks higher in thin year-end trade.
Asian stock markets fall amid recovery doubts Dec 18 BANGKOK - Asian stock markets retreated Friday as worries — from weak job figures in the U.S. to the prospect of more stringent capital requirements for banks — checked appetite for riskier assets. European indexes rose.
European shares drop, London down 0.8% Dec 17 LONDON (AFP) - Europe's main stock markets dropped on Thursday as banking shares reversed recent gains, while investors reacted to a weak performance by Tokyo and a mixed overnight showing on Wall Street.
Dollar hits 3-month euro high after Fed statement Dec 17 BERLIN - The dollar spiked to a three-month high against the euro Thursday as markets brushed off U.S. reports pointing to a gradual recovery and focused instead on the unwinding of the U.S. Federal Reserve's emergency support measures.
Business Highlights Dec 17 Economic reports point to gradual recovery
Winners and Losers in Business for 2009 Thu Dec 17 The year began on the grimmest of notes. The stock market was tanking. Banks were imploding. The economy was teetering on the verge of a depression.
Data points to economic recovery continuing Dec 17 WASHINGTON (Reuters) - Factory activity in the U.S. mid-Atlantic region hit a 4-1/2-year high in December and a gauge of future economic conditions rose last month, adding to evidence of a pick-up in the pace of the economy's recovery.
US leading economic indicators up eighth straight month Dec 17
WASHINGTON (AFP) - The forward-looking US index of leading economic indicators rose in November, according to a Conference Board survey Thursday, suggesting recovery from recession is gaining momentum.
A look at economic developments around the globe Dec 17 A look at economic developments and activity in major stock markets around the world Thursday:
IMF sees fragile global recovery, no double-dip Dec 17 WASHINGTON (Reuters) - A fragile global economic recovery is underway, and a double-dip recession remains unlikely, the International Monetary Fund said on Thursday.
FTSE advances as banks shine Dec 16
LONDON (AFP) - London shares rose in midday trade in a rally led by banking shares as traders awaited a key Federal Reserve policy announcement.
SEC cracks down on how companies are governed Dec 16 WASHINGTON (Reuters) - U.S. companies will have to disclose their compensation practices for all employees and their board members' qualifications under rules adopted by the Securities and Exchange Commission on Wednesday.
SEC mulls surprise audits for investment advisers Dec 15 WASHINGTON (Reuters) - U.S. securities regulators may reduce the number of investment advisers who would have to undergo an annual surprise audit under a proposal to ensure that their clients' assets are safe, two sources familiar with the plan said on Tuesday.
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