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WASHINGTON (Reuters) - Orders for long-lasting U.S. manufactured goods rose more than expected in April, a hopeful sign that a sharp slowdown in factory output could soon run its course. Full Story
Top Headlines
Wall Street slips on angst over longevity of Fed stimulus
Insight: Luxury brands position for U.S. boom
News Corp's publishing business to initiate stock buyback
Rosy China growth forecasts fade on further signs of slowdown
BEIJING (Reuters) - As evidence mounts that China's economy is losing momentum, economists are fast abandoning their rosy recovery forecasts and bracing for what could be the country's slowest growth rate in 23 years. Full Story
BEIJING (Reuters) - As evidence mounts that China's economy is losing momentum, economists are fast abandoning their rosy recovery forecasts and bracing for what could be the country's slowest growth rate in 23 years. Full Story
HSBC Chairman urges acceleration of bank reform
LONDON (Reuters) - HSBC's <HSBA.L> <0005.HK> Chairman Douglas Flint called for an acceleration in the speed of reform within the industry as the bank was criticized by shareholders for compliance failings and accusations it aided tax avoidance. Full Story
LONDON (Reuters) - HSBC's <HSBA.L> <0005.HK> Chairman Douglas Flint called for an acceleration in the speed of reform within the industry as the bank was criticized by shareholders for compliance failings and accusations it aided tax avoidance. Full Story
Henrik Fisker joins Hong Kong tycoon to salvage Fisker: sources
DETROIT/BEIJING (Reuters) - Henrik Fisker is working with an investor group to salvage Fisker Automotive, the "green" car company he co-founded nearly six years ago that is now struggling to stave off bankruptcy, people familiar with the matter said this week. Full Story
DETROIT/BEIJING (Reuters) - Henrik Fisker is working with an investor group to salvage Fisker Automotive, the "green" car company he co-founded nearly six years ago that is now struggling to stave off bankruptcy, people familiar with the matter said this week. Full Story
Academics back BP's fight to cap oil spill payouts
LONDON (Reuters) - A group of accountancy professors is backing BP's <BP.L> fight to cap the U.S. oil spill compensation payouts it has to fund as the cash outflow threatens to add billions of dollars to its bill for the disaster. Full Story
LONDON (Reuters) - A group of accountancy professors is backing BP's <BP.L> fight to cap the U.S. oil spill compensation payouts it has to fund as the cash outflow threatens to add billions of dollars to its bill for the disaster. Full Story
