| China raises rates to battle stubbornly high inflation | | February 08, 2011 08:56 AM ET | | BEIJING (Reuters) - China raised interest rates on Tuesday for the second time in just over six weeks, intensifying a battle in the fast-expanding economy against stubbornly high inflation that threatens to unsettle global markets. | Full Article | | Toyota lifts guidance sharply | | February 08, 2011 05:42 AM ET | | TOKYO (Reuters) - Toyota Motor Corp lifted its annual forecasts beyond market expectations as cost cuts and sales exceeded its plans, but a heavy reliance on exports will keep it a laggard as long as the yen stays strong. | Full Article | | Obama tries to woo business, slams "burdensome" tax | | February 08, 2011 08:39 AM ET | | WASHINGTON (Reuters) - President Barack Obama stepped up efforts to woo the U.S. business community on Monday, seeking its help to tackle "burdensome" corporate taxes in a speech to a business group that has long been a fierce critic. | Full Article | | Special Report: The man who sold the sky | | February 08, 2011 04:52 AM ET | | PARIS (Reuters) - One warm July evening three years ago, John Leahy set off along London's river Thames in an electric punt. With Leahy, a sharp and energetic New Yorker who has been Airbus sales chief since 1994, were the company's Middle East president Habib Fekih and Tim Clark, president of Emirates Airlines, one of the fastest-growing airlines in the world. | Full Article | |  | | BUSINESS NEWS | | Wall St set to open flat, China rate hike eyed | | February 08, 2011 09:16 AM ET | | NEW YORK (Reuters) - U.S. stocks were set to open little changed at 2-1/2 year highs on Tuesday, with investors focused on corporate earnings and the impact of an interest rate hike by China on economic demand. | Full Article | | Lacker says better economy requires Fed to rethink | | February 08, 2011 09:24 AM ET | | NEWARK, Delaware (Reuters) - The Federal Reserve should seriously consider pulling back on its $600 billion stimulus program given stronger growth and a brighter jobs picture, Richmond Fed President Jeffrey Lacker said on Tuesday. | Full Article | | Sara Lee 2nd-quarter profit misses | | February 08, 2011 09:31 AM ET | | NEW YORK (Reuters) - Food and beverage company Sara Lee reported weaker-than-expected quarterly results after sales volume was hurt by price increases meant to buffer soaring commodity costs. | Full Article | | Avon's profit and sales miss expectations | | February 08, 2011 09:18 AM ET | | CHICAGO (Reuters) - Avon Products Inc posted a steeper-than-expected drop in quarterly profit, hurt by weak sales and restructuring charges, and shares of the world's largest direct seller of cosmetics fell more than 4 percent. | Full Article | | | | HEALTH NEWS | | | | | RELATED VIDEO | | |  |  | | A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today. |  | | Your daily briefing on the latest tech developments from around the world from Reuters expert tech correspondents. Register Today. |  | | The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day.. Register Today. | | | » MORE NEWSLETTERS | | | ODDLY ENOUGH | | | |
