LATEST NEWS | Jobs hopes buoy stocks, debt outlook dents | LONDON (Reuters) - Stocks firmed on Friday on hopes that U.S. jobs data due later in the day will show a stronger outlook for the world's biggest economy, but the euro hit a 16-month low on worries over the region's economic health and further debt sales due next week. | Full Article | | Woodford to sue Olympus over firing, drops CEO bid | January 06, 2012 08:09 AM ET | TOKYO (Reuters) - The ousted British CEO of disgraced Olympus Corp, who blew the whistle on a $1.7 billion accounting fraud, dropped his bid to return to lead the medical device maker, blaming cozy ties between its management and big Japanese shareholders and saying the saga had taken its toll on his family. | Full Article | ECB's Orphanides wants to stop making banks pay for Greece | January 06, 2012 07:14 AM ET | FRANKFURT (Reuters) - European Central Bank policymaker Athanasios Orphanides called for euro zone leaders to abandon plans to make private sector investors help reduce Greece's debts - a move likely to get little traction with the currency bloc's paymaster, Germany. | Full Article | Best Buy's December same-store sales fall | January 06, 2012 08:29 AM ET | (Reuters) - Best Buy Co reported on Friday a 1.2 percent fall in December same-store sales, as weak demand in Canada and Europe hurt the world's largest consumer electronics chain. | Full Article | | | US TOP NEWS | Iran plans more war games in strait as sanctions bite | January 06, 2012 08:03 AM ET | TEHRAN (Reuters) - Iran announced plans on Friday for new military exercises in the world's most important oil shipping lane, the latest in weeks of bellicose gestures towards the West as new sanctions threaten Tehran's oil exports. | Full Article | Suicide bomb kills 25 in Damascus: Syrian TV | January 06, 2012 08:21 AM ET | BEIRUT (Reuters) - A suicide bomber killed about 25 people and wounded 46 in Damascus on Friday, Syria's state news agency SANA said, in the third such attack in the Syrian capital in a month. | Full Article | Smartphones power Samsung to record Q4 profit | January 06, 2012 08:31 AM ET | SEOUL (Reuters) - Samsung Electronics, the world's top maker of memory chips and smartphones, reported a record quarterly profit on Friday, aided by one-off gains and best-ever sales of high-end phones. | Full Article | Global economy could endure disaster for a week | January 06, 2012 08:26 AM ET | LONDON (Reuters) - The global economy could withstand widespread disruption from a natural disaster or attack by militants for only a week as governments and businesses are not sufficiently prepared to deal with unexpected events, a report by a respected think-tank said. | Full Article | | | HEALTH NEWS | | | | RELATED VIDEO | | | | | A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today. | | Your daily briefing on the latest tech developments from around the world from Reuters expert tech correspondents. Register Today. | | The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day.. Register Today. | | » MORE NEWSLETTERS | | ODDLY ENOUGH | | | |
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