Harish

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DHL, FedEx suspend shipments to Russian customers | Reuters

MOSCOW (Reuters) - Express delivery companies DHL and FedEx (FDX.N) said on Thursday they had suspended foreign shipments to individual customers in Russia because of stricter customs procedures, making it harder for internet users to buy goods from abroad.<p>Two DHL couriers prepare to depart a DHL …

U.S. homes sales snap losing streak, jobless claims rise | Reuters

WASHINGTON (Reuters) - U.S. home resales rose in December after three straight months of declines, showing some resilience in the housing market recovery despite higher mortgage rates.<p>Job seekers stand in line to meet with prospective employers at a career fair in New York City, October 24, 2012. …

IMF warns more work is needed to tackle big bank risk | Reuters

WASHINGTON (Reuters) - Big banks still pose a threat to the world financial system because there is a general assumption that governments will come to their rescue in case of trouble, an International Monetary Fund executive said on Thursday.<p>Visitors are silhouetted against the logo of the …

House of Fraser eyes IPO after Galeries Lafayette talks end: FT | Reuters

LONDON (Reuters) - British department store chain House of Fraser is pushing ahead with a return to the stock market after talks about a sale to its French counterpart Galeries Lafayette GALP.UL ended, the Financial Times said on its website on Thursday.<p>Industry sources said last month the …

U.S. sees hurdles to China joining Pacific trade pact | Reuters

(Reuters) - Washington wants progress on an investment treaty with Beijing before it considers expanding an eventual Pacific-region trade pact to include China, a top U.S. official said on Thursday.<p>Michael Froman, U.S. Trade Representative gestures during a session at the annual meeting of the …

McDonald's gets fewer visits in quarter, expects weak January | Reuters

(Reuters) - McDonald’s Corp (MCD.N) reported weaker-than-expected quarterly sales at established restaurants on Thursday as fewer diners frequented the fast-food chain, and warned that sales would again fall short of analysts’ expectations in January.<p>A McDonald's restaurant sign is seen at a …