WASHINGTON (Reuters) - The proposed Keystone XL oil pipeline is unlikely to increase the pace of Canadian oil sands development, a U.S. State Department study said on Friday, raising pressure on President Barack Obama to approve a project environmentalists see as a major climate change problem.
MUMBAI/NEW YORK (Reuters) - The Federal Reserve's decision to keep trimming its economic stimulus drew fire on Friday as India's central bank chief said Americans should be more attuned to the global impact of their policies, and the IMF called for vigilance given strains in financial markets.
MILAN (Reuters) - Italian carmaker Fiat will present a Jeep-branded small sports utility vehicle (SUV) at the Geneva car show in March while its 500X crossover vehicle will be presented at the Paris show in October, an Italian trade union official said.
CHICAGO/LONDON (Reuters) - International companies are taking steps to mitigate the effects of the turmoil in emerging markets, including hedging foreign currency exposure more aggressively, reducing some investment plans, cutting costs, and raising prices frequently.
PANAMA CITY (Reuters) - The Panama Canal Authority said on Friday it had extended a window for talks with a Spanish-led consortium expanding the waterway aimed at ensuring work continues on the project, which faces huge cost overruns.
BERLIN (Reuters) - German carmakers Volkswagen and Daimler are at loggerheads over the potential defection of a Daimler executive, whom VW wants to head up its trucks business but the CEO of Daimler has said cannot join a rival anytime soon.
LOS ANGELES (Reuters) - Blu LNG, one of the biggest names in the move to wean U.S. trucks off diesel onto natural gas, has laid off 20 percent of its staff, ousted several senior executives and slowed down development of fueling stations as it waits for more truckers to embrace
NEW YORK (Reuters) - A New York state judge on Friday approved most of Bank of America Corp's $8.5 billion settlement with investors in mortgage securities, which would resolve much of the bank's liability from its acquisition of Countrywide Financial Corp during the financial crisis.
NEW YORK (Reuters) - Wal-Mart Stores Inc said on Friday that bad weather and reduced food stamp benefits in the United States had dragged down comparable-store sales in the fiscal fourth quarter, more than offsetting a positive bump from the holiday season.
(Reuters) - Amazon.com Inc shares fell more than 9 percent in early trading on Friday, after the online retailer warned of a possible loss in the current quarter and its quarterly results missed expectations in the holiday shopping season.
