Business and Finance news

Japan is poised to unveil a currency-swap line with India in its second international financial agreement with top Asian powers this week.
Finance Minister Jun Azumi told reporters today in Tokyo that Japan is negotiating an agreement with India, the third- largest economy in Asia behind China and Japan. The deal is likely to be […]

Yemen’s outgoing president said Saturday he would leave the country for the United States to help calm tensions in his country as forces commanded by his son and nephew opened fire on more than 100,000 protesters marching into the capital, killing at least nine.
The protesters had marched on foot for four days from the city […]

Marcellus Shale natural gas production is expected to keep rising in 2012, yet landowners may find that signing lease deals isn’t as easy as in years past.
Though still in its early stages, industry experts say that the business of Marcellus Shale gas drilling is starting to change, as new forces emerge.
Among them: lawmakers putting regulations […]

His legacy tarnished and his hopes of clinging to power dashed, Silvio Berlusconi faces daunting legal and financial challenges now that he has left office and the prospect of life outside the international spotlight.
He has vowed he won’t run again for office, though few expect he’ll abandon Italian politics for good. Berlusconi himself has already […]

Chrysler said Tuesday its U.S. sales jumped 27 percent in October, while General Motors reported a slimmer 2 percent increase on increased demand for both cars and trucks.
Chrysler Group LLC sold more than 114,000 cars and trucks last month compared with 90,000 a year earlier. The results marked the Auburn Hills, Mich.-based automaker’s best October […]

Higher fares helped Delta Air Lines post a bigger third-quarter profit even though fuel prices jumped and passenger traffic was flat.
But the company’s results missed Wall Street expectations and helped push down its stock price 2.3 percent in pre-market trading.
In the past, airlines struggled to make money in a weak economy or when fuel prices […]

Thousands of striking workers blockaded roads leading to Freeport-McMoRan Cooper & Gold Inc.’s mine in easternmost Indonesia on Tuesday, preventing food, medicine and other supplies from reaching holed-up staffers and their families.
Production at the mine, which holds some of the largest gold and copper reserves in the world, was halted for a second day over […]

Stocks are closing sharply higher for a third straight day after U.S. retailers reported stronger September sales and the European Central Bank moved to support that region’s lenders.
Target, Nordstrom, Macy’s and other retailers reported sales that beat Wall Street’s expectations. Analysts said the results suggested the U.S. was not in another recession.
In Europe, investors cheered […]

It’s been a day of missed, dropped and failed calls for AT&T wireless customers in Southern California, and the night is sounding very similar.
AT&T spokeswoman Meredith Red said late Saturday that a hardware equipment issue was disrupting service for wireless subscribers in the Los Angeles area, and technicians were working on the problem.
The service glitches […]

Most personal finance commentators say you need an emergency fund to cushion you from unexpected events, such as losing your job or facing a big unforeseen expense.
For many years I resisted. As the father of two young children, and with a huge mortgage, I didn’t have much spare cash. It always made more sense to […]