LONDON, Nov. 21, 2008 (Reuters) — Euro zone demand is plunging and price pressures vanishing, business surveys showed on Friday, while central bankers weighed the bleak prospect of deflation.
... > full story
LONDON, Nov. 21, 2008 (Reuters) — Oil rose above $50 a barrel on Friday, rebounding from a three and half year low and buoyed by rallies in Europe and Asian equities on talk that China may cut interest rates later in the day.
... > full story
DUBAI, Nov. 21, 2008 (Reuters) — The U.S. Navy and operators of a Saudi oil supertanker hijacked by Somali pirates could not confirm on Friday reports that the hijackers had demanded a $25 million ransom.
... > full story
NEW YORK, Nov. 21, 2008 (Reuters) — Citigroup Inc lost more than one-quarter of its market value on growing worries over whether it has enough capital to withstand billions of dollars of potential losses and despite new support from its largest individual investor.
... > full story
MOSCOW, Nov. 21, 2008 (Reuters) — Russia's lower house of parliament approved on Friday a constitutional amendment extending the presidential term of office to six years from four.
... > full story
Nov. 21, 2008 (Reuters) — Stock futures pointed to a rebound on Friday after sharp losses in the previous session. Dow Jones futures were up 3.9 percent, S&P 500 futures were up 4.5 percent and Nasdaq futures were up 3.9 percent at 5:03 a.m. EST.
... > full story
WASHINGTON, Nov. 21, 2008 (Reuters) — Democratic congressional leaders, seeking to salvage a bailout of the Big Three automakers, demanded executives provide a business survival plan in exchange for their support of up to $25 billion in loans.
... > full story
BAGHDAD, Nov. 21, 2008 (Reuters) — Iraqi forces shut streets in Baghdad and placed snipers on rooftops on Friday before a protest by followers of cleric Moqtada al-Sadr against a pact allowing U.S. troops to remain for three more years.
... > full story
EVANSVILLE, Indiana, Nov. 21, 2008 (Reuters) — Deflation would be very damaging to the United States economy and with nominal interest rates already very low, quantitative easing may be needed to keep it at bay, a top Federal Reserve official said on Thursday.
... > full story
CHICAGO, Nov. 21, 2008 (Reuters) — Retired Marine Gen. James Jones emerged as a leading contender for White House national security adviser as President-elect Barack Obama worked on Thursday to assemble his foreign policy team.
... > full story
DUBAI, Nov. 21, 2008 (Reuters) — The U.S. Navy and operators of a Saudi oil supertanker hijacked by Somali pirates could not confirm on Friday reports that the hijackers had demanded a $25 million ransom. ... > full story
MOSCOW, Nov. 21, 2008 (Reuters) — Russia's lower house of parliament approved on Friday a constitutional amendment extending the presidential term of office to six years from four. ... > full story
DHARAMSALA, India, Nov. 21, 2008 (Reuters) — Tibetan exiles meeting in northern India have failed to find a viable alternative to the Dalai Lama's "Middle Way" approach to China, and admit they can do little more than hope for a softening in Beijing's stance. ... > full story
BANGKOK, Nov. 21, 2008 (Reuters) — Thai police are braced for violence at an anti-government rally this weekend and have asked the army for reinforcements to prevent a repeat of last month's bloody street battles, a senior officer said Friday. ... > full story
WASHINGTON, Nov. 21, 2008 (Reuters) — Democratic congressional leaders, seeking to salvage a bailout of the Big Three automakers, demanded executives provide a business survival plan in exchange for their support of up to $25 billion in loans. ... > full story
CHICAGO, Nov. 21, 2008 (Reuters) — Retired Marine Gen. James Jones emerged as a leading contender for White House national security adviser as President-elect Barack Obama worked on Thursday to assemble his foreign policy team. ... > full story
WASHINGTON, Nov. 21, 2008 (Reuters) — George W. Bush makes his last scheduled trip abroad as U.S. president on Friday, heading to an Asia-Pacific summit where he will seek support for global financial reform and hold talks on ending North Korea's nuclear program. ... > full story
NEW YORK, Nov. 21, 2008 (Reuters) — Verizon Wireless said on Thursday that some employees had gained unauthorized access and viewed a personal cell phone account held by President-elect Barack Obama that is now inactive. ... > full story
LONDON, Nov. 21, 2008 (Reuters) — Euro zone demand is plunging and price pressures vanishing, business surveys showed on Friday, while central bankers weighed the bleak prospect of deflation. ... > full story
LONDON, Nov. 21, 2008 (Reuters) — Oil rose above $50 a barrel on Friday, rebounding from a three and half year low and buoyed by rallies in Europe and Asian equities on talk that China may cut interest rates later in the day. ... > full story
NEW YORK, Nov. 21, 2008 (Reuters) — Citigroup Inc lost more than one-quarter of its market value on growing worries over whether it has enough capital to withstand billions of dollars of potential losses and despite new support from its largest individual investor. ... > full story
BANGALORE, Nov. 21, 2008 (Reuters) — A onetime union leader is a top contender to head the U.S. Federal Aviation Administration, the Wall Street Journal said, citing people close to President-elect Barack Obama's transition team. ... > full story
HOUSTON, Nov. 20, 2008 (Reuters) — Shuttle Endeavour astronauts working outside the orbiting International Space Station faced glitches during a second spacewalk on Thursday, as one astronaut experienced high carbon-dioxide levels after his crew mate lost a tool bag on the mission's first spacewalk. ... > full story
KANSAS CITY, Missouri, Nov. 20, 2008 (Reuters) — People in a vast seismic zone in the southern and midwestern United States would face catastrophic damage if a major earthquake struck there and should ensure that builders keep that risk in mind, a government report said on Thursday. ... > full story
WASHINGTON, Nov. 20, 2008 (Reuters) — A radar instrument aboard a NASA spacecraft has detected large glaciers hidden under rocky debris that may be the vestiges of ice sheets that blanketed parts of Mars in a past ice age, scientists said on Thursday. ... > full story
WASHINGTON, Nov. 19, 2008 (Reuters) — A balloon-borne instrument soaring high over Antarctica has found evidence of a possible large clump of mysterious so-called dark matter relatively close to our solar system, scientists said on Wednesday. ... > full story
LOS ANGELES, Nov. 21, 2008 (Reuters) — Ashlee Simpson-Wentz and her rock-star husband Pete Wentz have become parents for the first time, People magazine reported on Friday. ... > full story
LONDON, Nov. 21, 2008 (Reuters) — Madonna and husband Guy Ritchie ended nearly eight years of marriage in just a few minutes on Friday when a British court granted them a "quickie" divorce. ... > full story
LOS ANGELES, Nov. 21, 2008 (Hollywood Reporter) — The "Arrested Development" feature is moving closer to reality, with the producers of the critically acclaimed but short-lived Fox series reportedly closing deals for the project. ... > full story
LOS ANGELES, Nov. 21, 2008 (Hollywood Reporter) — Talk about upping your profile. Anna Kendrick, who has a small part in "Twilight" as one of Kristen Stewart's human friends, has nabbed the coveted female lead opposite George Clooney in "Up in the Air." ... > full story
LOS ANGELES, Nov. 21, 2008 (Reuters) — Jiri Hudler scored twice to help the streaking Detroit Red Wings hold off the Edmonton Oilers 4-3 in the NHL on Thursday. ... > full story
LOS ANGELES, Nov. 21, 2008 (Reuters) — Kobe Bryant got the better of former team mate Shaquille O'Neal to guide the Los Angeles Lakers to a 105-92 win over the Phoenix Suns on Thursday. ... > full story
PHILADELPHIA, Nov. 21, 2008 (Reuters) — Philadelphia Phillies second baseman Chase Utley will undergo hip surgery next week and could miss a large part of next season. ... > full story
LOS ANGELES, Nov. 21, 2008 (Reuters) — Ben Roethlisberger passed for 243 yards to lead the Steelers to a 27-10 win over division rivals the Cincinnati Bengals in snowy Pittsburgh conditions on Thursday. ... > full story
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