Reuters says recovery on track
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Reuters, the news and financial information provider, said it expects a recovery in its revenues to continue in the first quarter of 2005, although it is still losing clients.
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Finance ministers say the global economy is now recovering after the recent turmoil in worldwide markets.
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Analysts expect continued growth despite a tough environment.
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Wall Street is set to open up on Wednesday, recovering from the previous day's frantic sell-off, after calming remarks from China as investors look ahead to U.S preliminary GDP figures to judge the health of the economy.
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After suffering its steepest drop in nearly four years, the stock market showed some tentative signs of recovery today. Global markets continued to feel the fallout from Tuesdayâs global dive.
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Vivendi's recovery is almost complete, the French media and telecommunications giant declared Tuesday, despite a massive second-quarter net loss bloated by the effects of the weaker U.S. dollar.
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BusinessWeek Online - Though the major indexes remain choppy, a recent note from Standard &amp; Poor's suggests that sentiment has improved in Europe and a silver lining could be not too far ahead in the future.
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Investor's Business Daily - That&#39;s a little softer than the prior reading of 4% and estimates for a 3.9% annual rate. But it&#39;s still the best in a year. Net exports were a little weaker than prior estimates said. Still, trade and business investment offset another sharp drop in home building as well as sluggish consumer spending. Most economists expect slower 2nd-half growth as a credit crunch takes its toll on housing and other sectors.
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European stocks gained on Thursday after  Wall Street's rally and with Reuters boosting the media sector  as the global news and information company said it expects a  three-year revenue slide to slow.
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Vivendi&#39;s recovery is almost complete, the French media and telecommunications giant declared Tuesday, despite a massive second-quarter net loss bloated by the effects of the weaker US dollar.
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Reuters Group Plc  and Thomson Corp  are "increasingly optimistic" that regulatory reviews into Thomson's proposed acquisition of the British group will be completed in the first quarter of 2008.
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Media giant Reuters on Thursday posted rising third-quarter revenues, as it shrugged off recent global markets turmoil ahead of its agreed takeover by Canadian rival Thomson Corp.
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TOKYO : Japan&#39;s economic recovery is on track as structural reforms take root but soaring global oil prices pose a question mark, the central bank chief said on Monday.
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Senior finance officials have hailed a robust global economic recovery, albeit one threatened by surging oil prices, but made little headway pushing China toward currency reform and took no firm steps to ease the debt of the world's poorest nations.
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A report into fish stocks in the seas around Europe is expected to say there has been a slight recovery.
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(Corrects Reuters Estimate figure in 4th paragraph to $1.20
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Shares in Reuters Group Plc, the world&#39;s largest publicly traded provider of financial information, rose as much as 8.4 percent after the company said the number of contracts signed