| | | NEW YORK (Reuters) - Stock index futures pared losses on Thursday after data showed initial jobless claims fell to their lowest level in nearly four years last week, indicating the domestic labor market is improving. | | | | | | WASHINGTON (Reuters) - The number of Americans lining up for new jobless benefits fell to the lowest level in nearly four years last week, according to a government report that showed ongoing healing in the labor market. | | | | | | | (Reuters) - Victoria's Secret parent Limited Brands Inc beat sales estimates for March, while Costco Wholesale Corp missed in a month expected to benefit from summery weather and an early Easter. | | | | | | | LONDON (Reuters) - The Bank of England held back from giving Britain's fragile recovery an extra boost on Thursday, as the economy appears to have avoided falling into recession despite a shock drop in manufacturing output in the first months of 2012. | | | | | | | SAN FRANCISCO (Reuters) - A group of e-commerce start-ups, backed by some of the tech world's most pedigreed financiers, are betting that Facebook Inc can become an e-commerce powerhouse to rival Amazon.com Inc and eBay Inc. | | | | | STOCKHOLM/FRANKFURT (Reuters) - Swedish carmaker Volvo , owned by China's Zhejiang Geely Holding Group Co Ltd, plans to spend $11 billion on developing new products and boosting its manufacturing footprint in the next few years, a company spokesman said on Thursday. | | | | | SINGAPORE/HONG KONG (Reuters) - A shortage of U.S. dollars, new banking regulations and strong investor demand means Asian banks are set to help spur long-awaited innovation in the region's debt capital markets. | | | | | MOSCOW (Reuters) - Retailer Wal-Mart Stores Inc has let caution thwart its ambitions in Russia, and will find profits harder to come by if it delays getting a foothold in the vast market catering to 140 million people. | | | | | | LONDON, APRIL 5 - Sandy Flockhart is retiring as an executive director of HSBC Holdings Plc after a 37-year career at the bank, much of it spent in senior postings in the Middle East and Asia, but will remain on the board, HSBC said on Thursday. | | | | | | ATHENS (Reuters) - Greece extended for a second time on Thursday a deadline for remaining bondholders to accept a debt swap, giving authorities more breathing space to formulate a response to investors who have refused to sign up for the landmark deal. | | | | | | | A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. 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 | |
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