Business http://www.globalpost.com/taxonomy/term/22980/all en Britain's FTSE 100 stalls above 6,000 at 17-month highs http://www.globalpost.com/dispatch/news/thomson-reuters/130103/britains-ftse-100-stalls-above-6000-at-17-month-highs <p>* FTSE 100 up half a point, remains above 6,000</p> <p>* Momentum wanes as investors focus on U.S. outlook</p> <p>* Banks, commodities stall after previous session's gains</p> <p>* Compass drops after Espirito downgrade</p> <p>* Retailer Next rallies after lifting profit guidance</p> <p>By David Brett</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130103/britains-ftse-100-stalls-above-6000-at-17-month-highs" target="_blank">read more</a></p> Business Earnings quality Entertainment Finance Financial economics FTSE 100 FTSE 100 Index Fundamental analysis Person Career Quotation Thomson Reuters Thu, 03 Jan 2013 12:57:12 +0000 5730964 at http://www.globalpost.com US STOCKS-Futures drop after rally as investors book profit http://www.globalpost.com/dispatch/news/thomson-reuters/130103/us-stocks-futures-drop-after-rally-investors-book-profit <p>* Jobless claims, ADP employment report on tap</p> <p>* Fed to release minutes from FOMC Dec meeting</p> <p>* Costco December same-store sales up 9 pct</p> <p>* Futures off: S&amp;P 4 pts, Dow 20 pts, Nasdaq 4.75 pts</p> <p>By Angela Moon</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130103/us-stocks-futures-drop-after-rally-investors-book-profit" target="_blank">read more</a></p> Business Costco Costco Wholesale Corp Dow Jones Industrial Average Economy of the United States Entertainment Futures contract Investment Labor NASDAQ NASDAQ-100 Quotation Stock market Thomson Reuters Thu, 03 Jan 2013 13:22:27 +0000 5730966 at http://www.globalpost.com GLOBAL MARKETS-U.S. fiscal deal prompts rally in stocks, commodities http://www.globalpost.com/dispatch/news/thomson-reuters/130103/global-markets-us-fiscal-deal-prompts-rally-stocks-commodities <p>* Global shares jump after U.S. Congress passes budget deal * Dollar down, euro rises on increase in risk appetite * Oil jumps as commodities join rally in risky assets By Ryan Vlastelica NEW YORK, Jan 2 (Reuters) - Global stock surged while commodities rallied on Wednesday after U.S. legislators struck a deal to halt a round of automatic fiscal tightening that threatened to push the world's largest economy into recession. The deal reached on Tuesday to avert the "fiscal cliff" put off the immediate pain of income tax hikes for almost all U.S.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130103/global-markets-us-fiscal-deal-prompts-rally-stocks-commodities" target="_blank">read more</a></p> Bond Business Company Location Economic history Economics Economy of the European Union Economy of the United States Euro Financial economics Foreign exchange market Futures contract Government debt Politics Quotation USD Yield curve Thomson Reuters Thu, 03 Jan 2013 15:49:34 +0000 5730978 at http://www.globalpost.com GLOBAL MARKETS-Share rally stalls as more U.S. budget battles loom http://www.globalpost.com/dispatch/news/thomson-reuters/130103/global-markets-share-rally-stalls-more-us-budget-battles-loom <p>* World shares ease back from 18-month highs</p> <p>* Brent oil falls to $112 a barrel</p> <p>* Dollar index hits three-week high</p> <p>* Euro dips 0.3 pct to $1.3150</p> <p>By Richard Hubbard</p> <p>LONDON, Jan 3 (Reuters) - A global share market rally petered out on Thursday as investors focused on U.S. political battles ahead over spending cuts, halting the gains that followed a deal to avoid sharp tax hikes.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130103/global-markets-share-rally-stalls-more-us-budget-battles-loom" target="_blank">read more</a></p> Business Economic disasters Economic history Economics Economy of the United States Government oil Person Career Quotation Recessions United States federal budget United States public debt USD World oil market chronology from Thomson Reuters Thu, 03 Jan 2013 16:00:19 +0000 5730983 at http://www.globalpost.com US STOCKS-Fed minutes short-circuit Wall St rally http://www.globalpost.com/dispatch/news/thomson-reuters/130103/us-stocks-fed-minutes-short-circuit-wall-st-rally <p>* Fed to continue asset buys as doubts grow * Investors eye congressional-White House battles ahead * Retailers post December sales * Positive jobs data has little impact * Indexes down: Dow 0.16 pct, S&amp;P 0.21 pct, Nasdaq 0.38 pct By Chuck Mikolajczak NEW YORK, Jan 3 (Reuters) - U.S. stocks dipped on Thursday after signs the Federal Reserve has growing concern about its highly stimulative monetary policy, giving investors reason to pull back after a two-day rally.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130103/us-stocks-fed-minutes-short-circuit-wall-st-rally" target="_blank">read more</a></p> Business Dow Jones & Company Dow Jones Industrial Average Economy of the United States Entertainment Environment Financial economics Futures contract Health Labor Law New York Stock Exchange Person Career Politics Quotation Stock market US Federal Reserve USD Thomson Reuters Fri, 04 Jan 2013 04:15:04 +0000 5731089 at http://www.globalpost.com UPDATE 5-Transocean to pay $1.4 bln for role in BP oil spill http://www.globalpost.com/dispatch/news/thomson-reuters/130103/update-5-transocean-pay-14-bln-role-bp-oil-spill <p>* Transocean owned doomed rig in 2010 Macondo disaster * Payment less than company set aside, shares jump 6.4 pct * Settlement still to be reached with plaintiffs * Halliburton still to settle with DoJ; its shares up 1.7 pct By David Ingram WASHINGTON, Jan 3 (Reuters) - Offshore rig contractor Transocean Ltd has agreed to pay $1.4 billion to settle U.S. government charges arising from BP Plc's massive oil spill in the Gulf of <a href="http://www.globalpost.com/internal/section-config/mexico">Mexico</a> in 2010. The settlement unveiled on Thursday by the U.S.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130103/update-5-transocean-pay-14-bln-role-bp-oil-spill" target="_blank">read more</a></p> BP BP Plc Business Business Relation Companies listed on the New York Stock Exchange Deepwater Horizon Deepwater Horizon oil spill Disaster DoJ Economy of the United States Environment Gulf of Mexico Gulf of Mexico Gulf of Mexico Halliburton Halliburton Macondo Macondo Prospect Man Made Disaster oil Person Career Petroleum Quotation Transocean Transocean Ltd USD Thomson Reuters Fri, 04 Jan 2013 04:15:13 +0000 5731092 at http://www.globalpost.com WRAPUP 4-US private sector job gains offer hope for labor market http://www.globalpost.com/dispatch/news/thomson-reuters/130103/wrapup-4-us-private-sector-job-gains-offer-hope-labor-market <p>* Private employers add 215,000 jobs in December * Weekly jobless claims rise 10,000 last week * Four-week average of claims steady at 360,000 * Data point to underlying momentum in the economy By Lucia Mutikani WASHINGTON, Jan 3 (Reuters) - U.S. private-sector employers shrugged off a looming budget crisis and stepped up hiring in December, offering further evidence of underlying strength in the economy as 2012 ended.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130103/wrapup-4-us-private-sector-job-gains-offer-hope-labor-market" target="_blank">read more</a></p> ADP National Employment Report Business Company Location Economics Employment Human resource management Job losses caused by the late-2000s recession Job security Jobless claims Labor Labor economics Labour law Law Macroeconomics Person Career Person Location Quotation Socioeconomics Unemployment Thomson Reuters Fri, 04 Jan 2013 04:15:19 +0000 5731093 at http://www.globalpost.com GLOBAL MARKETS-U.S. bonds, world shares fall after Fed minutes http://www.globalpost.com/dispatch/news/thomson-reuters/130103/global-markets-us-bonds-world-shares-fall-after-fed-minutes <p>* World shares slip as Fed hints at tighter policy * 10-yr Treasury yields hit highest since May * Dollar index extends rally By Rodrigo Campos NEW YORK, Jan 3 (Reuters) - U.S. Treasury debt prices slid and world stocks reversed course and dipped on Thursday after minutes from the latest meeting of the Federal Reserve's policy committee showed rising concern about the Fed's policy of buying bonds to stimulate growth. The Federal Open Market Committee's minutes also extended a rally in the U.S.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130103/global-markets-us-bonds-world-shares-fall-after-fed-minutes" target="_blank">read more</a></p> Business Company Location Dow Jones Industrial Average Economic history Economics Economy of the United States Emergency Economic Stabilization Act Federal Reserve System Government Labor Late-2000s financial crisis Law Person Career Person Location Quotation Subprime crisis impact timeline United States United States public debt US Federal Reserve Thomson Reuters Fri, 04 Jan 2013 04:15:23 +0000 5731095 at http://www.globalpost.com CORRECTED-UPDATE 3-US auto sales close out 2012 on positive note http://www.globalpost.com/dispatch/news/thomson-reuters/130103/corrected-update-3-us-auto-sales-close-out-2012-positive-note <p>(Removes reference to 2012 in paragraph 5, to make clear that entire paragraph refers to 2013 industry projections) * Industry on pace to turn in best year since 2007 * Toyota, Honda gained market share in 2012 * Toyota's U.S. December sales up 9 pct, GM up 5 pct * Economic uncertainty in 2013 may dampen sales By Bernie Woodall and Ben Klayman DETROIT, Jan 3 (Reuters) - U.S.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130103/corrected-update-3-us-auto-sales-close-out-2012-positive-note" target="_blank">read more</a></p> Automotive industry Bankruptcy Business Car classifications Chrysler Group LLC Company Affiliates Company Competitor Conference Call Ford Motor Co Ford Motor Company General Motors General Motors Co GM Honda Honda Motor Co Ltd. Hyundai Motor Company Late-2000s financial crisis Natural Disaster Nissan Motors Person Career Person Location Pickup truck Quotation Toyota Toyota Motor Corp Transport United States Volkswagen Thomson Reuters Fri, 04 Jan 2013 04:15:30 +0000 5731097 at http://www.globalpost.com GLOBAL ECONOMY-US activity picks up, hopes for euro zone rise http://www.globalpost.com/dispatch/news/thomson-reuters/130104/global-economy-us-activity-picks-hopes-euro-zone-rise <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>* US services sector expands in Dec, hiring up sharply</p> <p>* U.S. employers add 155,000 jobs across economy in Dec</p> <p>* Surveys suggest euro zone downturn is easing</p> <p>* UK service sector declines, fourth quarter contraction seen</p> <p>By Steven C. Johnson and Andy Bruce</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130104/global-economy-us-activity-picks-hopes-euro-zone-rise" target="_blank">read more</a></p> Business Business cycle Economic history Economics Economist Economy of the European Union Economy of the People's Republic of China Economy of the United States Entertainment Euro Health Labor Law Macroeconomics Person Career Quotation Recessions Social Issues Unemployment United States housing bubble Thomson Reuters Fri, 04 Jan 2013 17:18:00 +0000 Thomson Reuters 5731144 at http://www.globalpost.com U.S. Postal Service looks to new Congress for rescue http://www.globalpost.com/dispatch/news/thomson-reuters/130104/us-postal-service-looks-new-congress-rescue <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <p>* Postal Service says it loses $25 million each day</p> <p>* Outcome for legislation uncertain in new Congress</p> <p>By Elvina Nawaguna</p> <p>WASHINGTON, Jan 4 (Reuters) - The U.S. Congress that expired this week might have steered the nation away from the "fiscal cliff" of potentially devastating tax hikes and spending cuts, but it did not do much to save the U.S. Postal Service from its own fast-approaching cliff.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130104/us-postal-service-looks-new-congress-rescue" target="_blank">read more</a></p> Business Candidate Position Congress Government Internal Revenue Service John E. Potter Person Career Person Location Person Party Politics Quotation Tom Carper Trade unions in the United States United States United States Congress United States Postal Service United States Senate Thomson Reuters Fri, 04 Jan 2013 17:56:51 +0000 Thomson Reuters 5731152 at http://www.globalpost.com Budget battles threaten to limit Obama's second-term agenda http://www.globalpost.com/dispatch/news/thomson-reuters/130104/budget-battles-threaten-limit-obamas-second-term-agenda <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <p>* Fiscal fights may consume Washington, elbow out all else</p> <p>* Obama vows to push ahead with broader agenda</p> <p>* 'A high level of dysfunction' makes legislative wins hard</p> <p>By John Whitesides</p> <p>WASHINGTON, Jan 4 (Reuters) - After a brutal "fiscal cliff" battle, President Barack Obama's looming budget confrontation with Congress threatens to sharply curtail his second-term agenda and limit his ambitions on priorities such as immigration reform and gun control.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130104/budget-battles-threaten-limit-obamas-second-term-agenda" target="_blank">read more</a></p> Barack Obama Barack Obama Barack Obama foreign policy Business Candidate Position Democratic Party Economic policy of Barack Obama Economy of the United States Entertainment Environment Government Health Joe Biden Labor Person Career Politics Presidency of Barack Obama Quotation Social Issues United States United States public debt Thomson Reuters Fri, 04 Jan 2013 19:31:20 +0000 Thomson Reuters 5731175 at http://www.globalpost.com Reuters Science News Summary http://www.globalpost.com/dispatch/news/thomson-reuters/130105/reuters-science-news-summary <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <p>Following is a summary of current science news briefs.</p> <p>Armstrong's moon speech not so improvised, brother tells BBC</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130105/reuters-science-news-summary" target="_blank">read more</a></p> Brevard County, Florida Business Canadian Space Agency Cape Canaveral Cape Canaveral Air Force Station Financial data vendors Florida Geography of Florida Human Interest Person Career Quotation Reuters Technology Thomson Reuters Sat, 05 Jan 2013 21:23:52 +0000 Thomson Reuters 5731252 at http://www.globalpost.com Reuters People News Summary http://www.globalpost.com/dispatch/news/thomson-reuters/130105/reuters-people-news-summary <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <p>Following is a summary of current people news briefs.</p> <p><a href="http://www.globalpost.com/internal/section-config/venezuela">Venezuela</a> searches for fashion boss Missoni's plane</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130105/reuters-people-news-summary" target="_blank">read more</a></p> Brigitte Bardot Business Celebrity Cinema of the United States Employment Relation Entertainment Family Relation Film GĂ©rard Depardieu Helen Mirren Kardashian Kardashian family Kim Kardashian Movie Release Person Attributes Person Career Person Location Person Relation Person Travel Quotation Reuters Star Wars Episode IV: A New Hope Thomson Reuters Sat, 05 Jan 2013 21:23:56 +0000 Thomson Reuters 5731254 at http://www.globalpost.com Reuters Health News Summary http://www.globalpost.com/dispatch/news/thomson-reuters/130105/reuters-health-news-summary <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <p>Following is a summary of current health news briefs.</p> <p>New food safety rules aim for more accountability 2013-01-04T211825Z_4_BRE9030MC_RTROPTC_0_US-FDA-FOOD-SAFETY.XML () -</p> <p>Genetically modified food labeling measure to qualify for Washington state ballot</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130105/reuters-health-news-summary" target="_blank">read more</a></p> Business Compounding Federal assistance in the United States Food and Drug Administration Health Healthcare reform in the United States Labor Medicaid Medicine Person Career Pharmaceutical sciences Pharmacology Pharmacy Presidency of Lyndon B. Johnson Quotation Social Issues Technology Thomson Reuters Sat, 05 Jan 2013 21:23:59 +0000 Thomson Reuters 5731255 at http://www.globalpost.com