Daily News Digest: Reuters Business News Headlines - Yahoo! News

Yahoo! Alerts

Yahoo! News | My Alerts | Edit Alert

Tuesday, July 26, 2011 12:05 AM PDT

Today's Reuters Business News Headlines - Yahoo! News: Greek debt swap process to start in August: deputy finmin BP tries to soothe investor ire as profits lag forecast BP tries to soothe investor ire as profits lag forecast Asia shares jump, dollar slides on U.S. debt woes UBS to cut costs as says to miss targets Chrysler set to outpace Fiat, merger seen closer Lawmakers deadlocked over debt deal as default looms Voters blame Republicans, Obama on jobs: poll TI forecasts modest third quarter Business borrowing jumps in June: ELFA Snapshot: Developments in debt talks News Corp scandal transforms British power list Rival post-production houses Deluxe, Technicolor team up Timeline: Congress has a week to write a debt deal Obama to warn on failure to lift debt ceiling Greek debt swap process to start in August: deputy finmin Mon,25 Jul 2011 11:39 PM PDT Reuters - ATHENS (Reuters) - Procedures for a voluntary swap of privately-held Greek government bonds for longer maturity paper will start in August, Greece's deputy finance minister said on Tuesday. Full Story Top BP tries to soothe investor ire as profits lag forecast Mon,25 Jul 2011 11:28 PM PDT Reuters - LONDON (Reuters) - BP PLC Chief Executive Bob Dudley tried to soothe investor frustration at the oil major's sluggish share price by promising rapid long-term growth as he gave a weak short-term outlook. Full Story Top BP tries to soothe investor ire as profits lag forecast Mon,25 Jul 2011 11:28 PM PDT Reuters - LONDON (Reuters) - BP PLC Chief Executive Bob Dudley tried to soothe investor frustration at the oil major's sluggish share price by promising rapid long-term growth as he gave a weak short-term outlook. Full Story Top Asia shares jump, dollar slides on U.S. debt woes Mon,25 Jul 2011 11:18 PM PDT Reuters - HONG KONG (Reuters) - Asian shares rebounded on Tuesday as upbeat earnings lured buyers, but the dollar slid to a record low against the Swiss franc after a speech by U.S. President Barack Obama gave no sign that a deadlock in Washington over raising the debt limit was easing. Full Story Top UBS to cut costs as says to miss targets Mon,25 Jul 2011 10:37 PM PDT Reuters - ZURICH (Reuters) - Swiss bank UBS said on Tuesday it would slash costs and admitted it would miss targets set in 2009 after reporting disappointing second quarter profits hurt by sluggish markets and a strong franc. Full Story Top Chrysler set to outpace Fiat, merger seen closer Mon,25 Jul 2011 10:16 PM PDT Reuters - MILAN (Reuters) - Strong U.S. sales for Chrysler and growth in Brazil will help offset a weak European market for Fiat SpA, combined financial results are set to show on Tuesday as the two car makers move closer toward a full merger. Full Story Top Lawmakers deadlocked over debt deal as default looms Mon,25 Jul 2011 10:00 PM PDT Reuters - WASHINGTON (Reuters) - The United States edged closer on Tuesday to a devastating default as Republicans and Democrats deadlocked over competing plans to raise the debt ceiling, one week before a deadline to act. Full Story Top Voters blame Republicans, Obama on jobs: poll Mon,25 Jul 2011 09:55 PM PDT Reuters - WASHINGTON (Reuters) - More than a third of Americans believe President Barack Obama's policies have made the U.S. economy worse, but they blame Republicans just as much, according to a Washington Post-ABC News poll published on Tuesday. Full Story Top TI forecasts modest third quarter Mon,25 Jul 2011 09:36 PM PDT Reuters - NEW YORK (Reuters) - Texas Instruments Inc forecast only modest sequential growth in the current quarter as orders were slower than usual for this time of year due to economic concerns in the United States and Europe. Full Story Top Business borrowing jumps in June: ELFA Mon,25 Jul 2011 09:10 PM PDT Reuters - NEW YORK (Reuters) - A measure of business activity improved in June as companies borrowed more to replace equipment, a lender group said on Tuesday. Full Story Top Snapshot: Developments in debt talks Mon,25 Jul 2011 07:12 PM PDT Reuters - WASHINGTON (Reuters) - Here is what is happening on Monday as lawmakers try to close in on a deal to raise the $14.3 trillion U.S. debt limit by August 2 and avoid a credit default: Full Story Top News Corp scandal transforms British power list Mon,25 Jul 2011 05:21 PM PDT Reuters - NEW YORK (TheWrap) - What could bring together the Murdochs and all of their rivals in the British publishing world? Full Story Top Rival post-production houses Deluxe, Technicolor team up Mon,25 Jul 2011 05:19 PM PDT Reuters - LOS ANGELES (TheWrap) - Deluxe and Technicolor, historic rivals in Hollywood's post-production business, have announced a new agreement in which each will concede and subcontract a segment of its business to the other. Full Story Top Timeline: Congress has a week to write a debt deal Mon,25 Jul 2011 05:09 PM PDT Reuters - (Reuters) - The Congress faces an August 2 deadline for raising the government's $14.3 trillion limit on borrowing and averting a potentially catastrophic default. Full Story Top Obama to warn on failure to lift debt ceiling Mon,25 Jul 2011 05:09 PM PDT Reuters - WASHINGTON (Reuters) - President Barack Obama will warn on Monday during a televised address to Americans that the failure of Congress to take steps to lift the debt ceiling would severely harm the United States, the White house said. Full Story Top

You received this email because you subscribed to Yahoo! Alerts. Use this link to unsubscribe from this alert. To change your communications preferences for other Yahoo! business lines, please visit your Marketing Preferences. To learn more about Yahoo!'s use of personal information, including the use of web beacons in HTML-based email, please read our Privacy Policy. Yahoo! is located at 701 First Avenue, Sunnyvale, CA 94089.