WAMC NewsRoom

"Brave" post-Lehman M&A rewarded by market -study

(2009-07-05) LONDON (Reuters) - Stock markets rewarded companies such as Johnson & Johnson and Cisco who were brave enough to make acquisitions in the months after Lehman Brothers' collapse, a study released on Monday showed.

China reassures on dollar debate before G8 (2009-07-05) ROME/AIX-EN-PROVENCE, France (Reuters) - France and Russia on Sunday urged a debate about the world's reserve currencies, but China said the dollar would keep its pre-eminence for "many years to come."

Allen Stanford lightly regulated by Florida: newspaper (2009-07-05) MIAMI (Reuters) - Florida regulators seldom checked the Miami operations of Allen Stanford after giving the accused fraud master unprecedented freedom to send cash overseas and sell investment securities, the Miami Herald newspaper reported on Sunday.

Advertising set for mild 2010 recovery

(2009-07-05) LONDON (Reuters) - The downturn in global advertising is approaching its lowest point and, after a fall of 8.5 percent in 2009, the industry should see a mild recovery in 2010, a leading media agency predicted on Monday.

Finally, charting the recovery's course (2009-07-05) WASHINGTON (Reuters) - If the majority of Wall Street economists are right, the U.S. recession will end this quarter and the global recovery won't be far behind.

Dollar discomfort thrust onstage for Italy summit

(2009-07-05) PARIS (Reuters) - World leaders are bound to express the hope that the worst of the global economic crisis is passing when they meet this week, but they are now under pressure, too, to manage a Chinese challenge to dollar supremacy.

Returning Asians to fill talent gap, boost innovation (2009-07-04) SINGAPORE (Reuters) - "Go East" is a message being heeded by many Asian professionals in the United States and Europe who see brighter job prospects in a region that is expected to outperform the rest of the world for economic growth.

More bidders interested in Porsche stake: report

(2009-07-04) FRANKFURT (Reuters) - Three more bidders are interested in taking a stake in German sports car maker Porsche, rivaling investment plans by Qatar, German magazine Focus reported on Saturday.