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Apple bets on Burberry chief to burnish retail shine

YoopyaOct 16, 2013March 10, 20240

(Reuters) – Burberry CEO Angela Ahrendts rebuilt the British luxury brand after excessive exposure of its trademark checkered pattern alienated wealthy clientele. Her approach was

IMF chief warns a US default could spark recession

YoopyaOct 14, 2013March 17, 20240

The head of the International Monetary Fund, Christine Lagarde, has warned that a US default could tip the world into recession. In a US TV

U.S. Senate leader sees chance for breaking fiscal impasse

YoopyaOct 14, 2013March 10, 20240

(Reuters) – Senate negotiations to bring a boiling fiscal crisis to an end showed signs of progress on Sunday, but there were no guarantees that

Obama nominates Yellen to succeed Bernanke at Fed

YoopyaOct 10, 2013March 17, 20240

WASHINGTON (AP) — In a history-making selection, President Barack Obama nominated Janet Yellen to be chairman of the Federal Reserve, a critical post as the

Pan-African magazine: Africa has 55 billionaires

YoopyaOct 9, 2013March 10, 20240

LAGOS, Nigeria (AP) — A pan-African magazine says Africa has many more billionaires than previously reported, 55 of them worth more than $143 billion including

U.S. government shutdown begins after Congress fails to break impasse

YoopyaOct 1, 2013March 17, 20240

(Reuters) – The U.S. government began a partial shutdown on Tuesday for the first time in 17 years, potentially putting up to 1 million workers

Former Obama aide Summers withdraws from Fed chair consideration

YoopyaSep 16, 2013April 7, 20240

(Reuters) – Lawrence Summers, a former top aide to President Barack Obama and Treasury secretary under President Bill Clinton, withdrew on Sunday from consideration to

Investors seek balance between central banks, Syria and rebounding economy

YoopyaSep 5, 2013April 7, 20240

(Reuters) – European government bond yields were at near 1-1/2 year highs on Thursday and the dollar clung close to six week peaks on a

Meet “The Guv”: India’s new central bank chief gets rock star welcome

YoopyaSep 5, 2013April 7, 20240

(Reuters) – Less than 24 hours in the job and he has already been dubbed “The Guv” by a gushing Indian media and portrayed as

Indian rupee in sharp rebound on suspected heavy intervention

YoopyaSep 4, 2013June 15, 20230

(Reuters) – The Indian rupee staged a sharp recovery on Wednesday after suspected heavy dollar selling by the central bank, preventing the battered currency from