Friday May 24, 2013



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Business News


top story

Health care overhaul faces backlash from once supportive labour unions

WASHINGTON - When President Barack Obama pushed his health care overhaul plan through Congress, he counted labour unions among his strongest supporters....

posted: May 24,2013





Business News

Japan's top leaders defend 'Abenomics' economic strategies as roiled markets settle

TOKYO - Japan's top leaders are defending the economic strategies championed by Prime Minister Shinzo Abe, though the central bank chief acknowledged a need for better communication with financial markets, a day after Tokyo shares suffered ...


Survey: German consumer confidence rises as economy, income expectations improve

BERLIN - A survey is showing a significant rise in German consumer confidence as people's expectations for the economy and for their own income improve....


Japan's ANA to resume Boeing 787 flights on Sunday, saying battery problems fixed

TOKYO - Japan's All Nippon Airways, the launch customer for Boeing's 787 "Dreamliner," will resume commercial flights of the aircraft on Sunday, just over four months after the jets were grounded due to smouldering batteries....


Asian stock markets extend losses a day after China factory data, Fed sparked big sell-off

BANGKOK - Asian stocks continued to retreat Friday after being routed the day before by unexpectedly weak Chinese manufacturing and fears the Federal Reserve will start withdrawing its monetary stimulus....


Procter & Gamble replaces CEO Bob McDonald with former CEO A.G. Lafley hoping magic returns

NEW YORK, N.Y. - Household products giant Procter & Gamble Co. is hoping its former CEO can work his magic once again....


Asian stock markets stage mild recovery after China factory data sparked big sell-off

BANGKOK - Asian stock markets staged a mild recovery Friday, a day after being routed by unexpectedly weak Chinese manufacturing and fears the Federal Reserve will start withdrawing its monetary stimulus....








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