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Finance Minister Arun Jaitley favours interest rate cut - paper
24 Oct 2014 at 11:43pm
NEW DELHI (Reuters) - Finance Minister Arun Jaitley favours a cut in interest rates to trigger demand in the construction sector, a newspaper report said on Saturday, but the Reserve Bank of India (RBI) has signalled it will not ease policy until it is confident of lower inflation.

Wall Street finally turning on Amazon as Bezos magic fades
24 Oct 2014 at 4:47pm
SAN FRANCISCO/BOSTON (Reuters) - Amazon.com Inc's once fairy-tale ride on Wall Street has hit its most jarring bump yet.

Wall Street Weekahead - Look to energy names for global demand clues
24 Oct 2014 at 3:23pm
NEW YORK (Reuters) - Slumping energy shares drove the recent U.S. stock market selloff more than any other major group, so investors are turning to next week's slate of earnings to see if the sector can pull itself out of the pit.

Brent oil ends week flat, pausing rout, as U.S. contango looms
24 Oct 2014 at 3:18pm
NEW YORK (Reuters) - Brent oil prices fell on Friday but were little changed on the week as traders caught their breath from a months-long rout, even as signs of rising global supply and a U.S. contango structure threatened deeper losses.

Global shares post best week since mid-2013 after earnings boost
24 Oct 2014 at 2:19pm
NEW YORK (Reuters) - Global equity markets rose on Friday after strong corporate results from Microsoft and Procter & Gamble and reduced concerns over the possible spread of Ebola boosted U.S. shares and kept safe-haven U.S. Treasuries prices stable.

Wall Street boosted by earnings; on track for best week of year
24 Oct 2014 at 1:33pm
NEW YORK (Reuters) - U.S. stocks were on pace to close out their best week in nearly two years on Friday, helped by earnings from Microsoft and Procter & Gamble and as concerns eased over the possible spread of Ebola.

S&P 500 posts best week since Jan. 2013
24 Oct 2014 at 1:11pm
NEW YORK (Reuters) - U.S. stocks closed out their best week since January 2013 on Friday, helped by earnings from Microsoft and Procter & Gamble and as concerns eased over the possible spread of Ebola in the United States.

Gold posts weekly loss on dollar rise, strong U.S. data
24 Oct 2014 at 12:31pm
NEW YORK/LONDON (Reuters) - Gold edged lower on Friday and closed down for the week as rallying equity markets and strong U.S. economic data dented demand for the precious metal as an insurance against risk.

Euro zone risks "relapse into recession" without structural reforms - Draghi
24 Oct 2014 at 12:10pm
BRUSSELS (Reuters) - The ECB's president warned divided euro zone leaders on Friday they risked "a relapse into recession" if they failed to press ahead with structural economic reforms, a message welcomed by German Chancellor Angela Merkel.

Exclusive - Workers at Antamina, Peru's top copper mine, to strike -union
24 Oct 2014 at 11:41am
LIMA (Reuters) - Workers at Peru's biggest copper mine, Antamina, will begin a strike on Nov. 10 that will halt output, a union leader told Reuters on Friday.

Rapid UK recovery starts to slow from previous red-hot pace
24 Oct 2014 at 11:39am
LONDON (Reuters) - Britain still looks on track to outpace other advanced economies this year after rapid growth eased only slightly in the three months to September, but a euro zone slowdown could hamper the recovery in the run-up to next May's election.

Global shares rise, set for strongest week since July 2013
24 Oct 2014 at 11:38am
NEW YORK (Reuters) - Global equity markets rose on Friday as gains in Microsoft and Procter & Gamble buoyed U.S. shares, even as news that a New York City doctor tested positive for the Ebola virus produced a modest safe-haven bid for U.S. Treasuries.

25 European banks set to fail health checks - sources
24 Oct 2014 at 11:37am
FRANKFURT (Reuters) - A group of 25 banks have failed European health checks, while up to 10 of those continue to have a capital shortfall, two people familiar with the matter said on Friday, providing a snapshot of the health of the region's lenders.

"We won't pay," furious Cameron tells EU over surprise bill
24 Oct 2014 at 11:34am
BRUSSELS (Reuters) - In a vivid display of fury at European Union technocrats, British Prime Minister David Cameron refused to pay a surprise 2.1-billion-euro bill on Friday as EU leaders ordered an urgent review of the calculations used.

UK union rejects Jaguar Land Rover pay offer, moves towards strike - source
24 Oct 2014 at 10:43am
LONDON (Reuters) - A British union has rejected a final pay offer from Jaguar Land Rover and will ballot workers in the first stage towards possible strike action, a trade union source with direct knowledge of talks with the firm told Reuters on Friday.

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