Author Archives: Editor - Business News

Greece readies debt swap under bailout deal

Written on February 23, 2012 by Editor - Business News

By Lila Chotzoglou and Tatiana Fragou ATHENS | Thu Feb 23, 2012 4:07am EST ATHENS (Reuters) – Greece’s parliament will endorse a debt swap with private bondholders on Thursday to help reduce the country’s debt and secure an international bailout, … Continue reading →

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As International Firms Continue Push Across Asia, U.S. Shops Get Official Date to Open in South Korea

Written on February 23, 2012 by Editor - Business News

February 22, 2012 6:39 PM As International Firms Continue Push Across Asia, U.S. Shops Get Official Date to Open in South Korea Posted by Brian Baxter The Office of the U.S. Trade Representative announced Tuesday that a new free trade … Continue reading →

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HP profit plummets, CEO urges patience

Written on February 22, 2012 by Editor - Business News

By Poornima Gupta SAN FRANCISCO | Wed Feb 22, 2012 9:30pm EST SAN FRANCISCO (Reuters) – Hewlett-Packard Co’s earnings fell nearly 44 percent and the world’s No. 1 computer maker forecast a second-quarter profit below Wall Street estimates as it … Continue reading →

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Burned before, Fed officials cautious on rebound

Written on February 22, 2012 by Editor - Business News

By Pedro Nicolaci da Costa WASHINGTON | Wed Feb 22, 2012 4:47pm EST WASHINGTON (Reuters) – U.S. central bank officials have good reason to be skeptical about the strength of the economy: excessive optimism has caught them flat-footed before. Despite … Continue reading →

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Banks sink on European economic worry

Written on February 22, 2012 by Editor - Business News

By Rodrigo Campos NEW YORK | Wed Feb 22, 2012 4:45pm EST NEW YORK (Reuters) – Banks led stocks lower on Wednesday as the SP 500 stalled near a 10-month-high after signs of weak European business activity rekindled concerns about … Continue reading →

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Clifford Chance Advising Shell on $1.6 Billion African Energy Deal

Written on February 22, 2012 by Editor - Business News

February 22, 2012 5:14 PM Clifford Chance Advising Shell on $1.6 Billion African Energy Deal Posted by Tom Huddleston Jr. Moving to expand its reach into East Africa, Royal DutchRoyal Dutch Shell has offered to buy oil exploration company Cove … Continue reading →

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The Careerist: Time Inc. Lawyer Writes a Novel

Written on February 22, 2012 by Editor - Business News

February 22, 2012 5:17 PM The Careerist: Time Inc. Lawyer Writes a Novel Posted by Vivia Chen by Anthony Paonita, editor in chief, Corporate Counsel Over after-work drinks at a midtown steakhouse I talked to Helen Wan, an associate general … Continue reading →

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The Am Law 100, the Early Numbers: Proskauer Maintains Upward Trajectory

Written on February 22, 2012 by Editor - Business News

February 22, 2012 5:25 PM The Am Law 100, the Early Numbers: Proskauer Maintains Upward Trajectory Posted by Sara Randazzo In a year that saw it move into a new Manhattan headquarters and install a new chairman, Proskauer Rose increased … Continue reading →

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Wall St closes lower on banks

Written on February 22, 2012 by Editor - Business News

By Ryan Vlastelica NEW YORK | Wed Feb 22, 2012 4:06pm EST NEW YORK (Reuters) – Banks led stocks lower on Wednesday as the SP 500 stalled near a 10-month-high after signs of weak European business activity rekindled concerns about … Continue reading →

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Home resales at 1-1/2 year-high, supply falls

Written on February 22, 2012 by Editor - Business News

By Lucia Mutikani WASHINGTON | Wed Feb 22, 2012 1:36pm EST WASHINGTON (Reuters) – U.S. home resales rose to a 1-1/2 year high in January, pushing the supply of properties on the market to the lowest level in almost seven … Continue reading →

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