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World Bank head sees ripple effects from euro woes
Nov 29, 2011 20:05 EST
CAMBRIDGE, Massachusetts (Reuters) - Europe's debt crisis threatens to undermine consumer confidence and cut off credit to businesses in the rapidly emerging markets that have been bright spots in an otherwise grim global economy, the head of the World Bank warned on Tuesday.
GE Healthcare sees 2012 equipment revenue rising
Nov 29, 2011 17:05 EST
(Reuters) - General Electric Co's healthcare equipment unit expects strong sales growth in emerging markets and a moderate increase in the United States to offset a decline in Europe next year and allow an overall sales rise of 4 to 5 percent, a top executive said on Tuesday.
United Nations CO2 scheme to take backseat in climate-aid drive
Nov 29, 2011 12:38 EST
LONDON (Reuters) - The U.N.'s carbon offset scheme will play only a small role in the developed world's pledge to raise $100 billion in annual climate aid for developing nations by 2020, and analysts say that is driving the need for new sources of funding.
Emerging-market stocks to rise "39 percent"
Nov 29, 2011 08:42 EST
Garner suspects the rally has already begun from the low in early October . There?s more information coming out to give more credence to the talk that global wealth and growth will stem from emerging rather mature markets for the next few years.
Analysis: In a close-knit world, frontier debt loses out
Nov 28, 2011 06:15 EST
LONDON (Reuters) - The escape route from risky peripheral euro zone debt into higher-yielding emerging markets is becoming increasingly tortuous, as the debt crisis marries the performance of all assets closer together.
Analysis: IMF can no longer avoid bigger role in euro zone
Nov 18, 2011 18:12 EST
WASHINGTON (Reuters) - The International Monetary Fund is inserting itself more forcefully into Europe's efforts to resolve its debt crisis, hoping to stem a contagion that is spreading worldwide and threatening global growth.
Analysis: As rich world sputters, Brazil looks to Africa
Nov 17, 2011 10:18 EST
RIO DE JANEIRO (Reuters) - Brazil is launching a top-level drive to expand its economic ties with Africa, a sign of how crises in the rich world are pushing faster-growing emerging economies to trade and invest among themselves.
Brewer SABMiller says interim profits soar by 23%
Nov 17, 2011 05:51 EST
Anglo-South African brewer SABMiller, which is buying Australian group Foster's, said on Thursday that first-half net profits surged by almost one quarter thanks to rapid growth in emerging markets.
Brewer SABMiller first half profits soar by 23%
Nov 17, 2011 05:50 EST
Anglo-South African brewer SABMiller, which is buying Australian group Foster's, said on Thursday that first-half net profits surged by almost one quarter thanks to rapid growth in emerging markets.
SABMiller runs into tough trading in Europe and U.S.
Nov 17, 2011 05:17 EST
LONDON (Reuters) - Brewer SABMiller Plc <SAB.L> complained of tough trading in Europe and North America and warned that conditions would stay difficult in the short term as hard-pressed consumers in mature markets economize on their favorite tipples.
Analysis: Axe hangs over Carrefour revamp plan, CEO
Nov 17, 2011 04:11 EST
PARIS (Reuters) - Carrefour, the world's second-biggest retailer, must slash prices, build more convenience stores and attract online shoppers as dire economic times make the current CEO's hypermarket revival plan increasingly obsolete.
All major economies headed for slowdowns: OECD
Nov 14, 2011 08:04 EST
PARIS (Reuters) - None of the world's major economies will escape a slowdown, the Organization for Economic Co-operation and Development said on Monday, highlighting increasing signs that growth momentum is dwindling across the board.
All major economies headed for slowdowns: OECD
Nov 14, 2011 06:01 EST
PARIS (Reuters) - None of the world's major economies will escape a slowdown, the Organization for Economic Co-operation and Development said on Monday, highlighting increasing signs that growth momentum is dwindling across the board.
IMF chief calls for 'political clarity' in Greece, Italy
Nov 10, 2011 07:17 EST
The head of the International Monetary Fund called Thursday for greater "political clarity" in Greece and Italy, after talks with Chinese leaders dominated by Europe's worsening debt crisis.
IMF chief warns world economy risks "lost decade"
Nov 08, 2011 22:58 EST
BEIJING (Reuters) - The head of the International Monetary Fund warned on Wednesday that Europe's debt crisis risked plunging the global economy into a "lost decade" and said it was up to rich nations to shoulder the burden of restoring growth and confidence.
Vodafone lifts outlook on emerging markets
Nov 08, 2011 05:11 EST
LONDON (Reuters) - Vodafone <VOD.L> lifted its full-year profit outlook on Tuesday as strong growth in emerging markets and robust trading in northern Europe more than offset weakness on the southern fringes of the euro zone.
HTC to push into emerging markets, eyes new tablet
Nov 07, 2011 05:29 EST
TAIPEI (Reuters) - HTC Corp said on Monday it will put equal investment weight on emerging markets next year as it does in developed ones like the U.S. and Europe, and will dip its toes back into the tablet market with a new model next year.
HTC to push into emerging markets, eyes new tablet
Nov 07, 2011 05:29 EST
TAIPEI (Reuters) - HTC Corp said on Monday it will put equal investment weight on emerging markets next year as it does in developed ones like the U.S. and Europe, and will dip its toes back into the tablet market with a new model next year.
Standard Chartered bank posts rising income and profits
Nov 02, 2011 07:20 EDT
Asia-focused emerging markets bank Standard Chartered said on Wednesday that income and profits grew in the first nine months of the year despite tough trading conditions.
Pfizer sales impress as Lipitor generics loom
Nov 01, 2011 11:20 EDT
(Reuters) - Pfizer Inc's quarterly results came in much better than expected, as sales of its medicines accelerated in emerging markets and in the nutritional products and animal health businesses it plans to divest.