Reuters columnist Allison Schrager dissects the cause of unemployment in the US. Is the cause of unemployment in the US structural or cyclical? This was the question that Reuters columnist Allison Schrager attempted to answer in her column.
Legal & Regulatory
New GCC firms rely on lawyers for IPO expertise
An increasing number of GCC firms have relied on their lawyers for expertise in undertaking IPO transactions.
Japan government gets backing for tax hike
The Japanese government got the approval of a special panel to raise the national sales tax by 2014.
US regulators press JPMorgan Chase & Co for at least USD 6 billion to settle lawsuits- source
A source told Reuters that the FHFA would settle the lawsuit it filed against JPMorgan Chase & Co on subprime mortgages for at least USD 6 billion.
Proposals to overhaul US tax system put corporate tax breaks at risk
Proposals to overhaul the US tax system could eliminate the billions of dollars in tax breaks enjoyed by corporations.
Latest News
Government protests and athletes' drug violations could imperil Turkey's bid for the 2020 Olympic Games.
The PCCI said that Indonesia had invited Filipino investors to invest in Amurang City's infrastructure and transportation sectors.
As data showed a recovery in the economy, an economist said the Federal Reserve would most likely stay on its September schedule to start easing its monetary stimulus.
Asset managers questioned the sufficiency of the communications efforts undertaken by Nasdaq when trading halts during technological crisis.
Pentagon said it still wanted foreign companies to do business in the US, but takeovers must not put national security at risk.
An anonymouse bourse official of the Mexican bourse told Reuters that the bourse canceled Minera Frisco's trades in the last 10 minutes of trading today as the share price spike was caused by a computer glitch.
According to a top Indian government official, Walmart's plans of getting into the country's multi-brand segment could be at its final stage.
Merger and acquisition deals in India had slowed down after fears on US and UK anti-bribery laws threatened investment.
A US judge had granted the request of American Airlines and US Airways for an earlier trial against the US Justice Department that intends to block the two companies' planned USD11 billion deal.
