http://businesstorrents.com Economic news Tue, 07 Feb 2012 02:24:03 +0000 http://backend.userland.com/rss092 en Pakistan must stem risks to a http://businesstorrents.com/pakistan-must-cut-budget-deficits-to-shield-vulnerable-economy-imf-says-bloomberg/ Romania and the International Monetary Fund reached a staff-level agreement to unlock about 505 million euros ($664 million) in funds from its standby loan, IMF Mission Chief Jeffrey Franks said. The eastern European country met the terms of its 5 billion-euro accord by narrowing its budget deficit to ... http://businesstorrents.com/romania-imf-agree-on-664-million-tranche-as-balkan-nations-growth-slows-bloomberg/ The world's biggest beer-maker is placing a big bet on a new brew. Anheuser-Busch InBev this week is rolling out Bud Light Platinum, an upscale version of its best-selling label. It's the brewer's latest bid to pump up flagging sales of its flagship brand, and to counter liquor sales that ... http://businesstorrents.com/with-platinum-new-bud-light-shoots-for-the-high-end/ Chrysler Group reported its first annual profit since 2005 Wednesday, capping a comeback a little more than two years after a federal bailout, a bankruptcy filing and a takeover by Italian automaker Fiat.The automaker, which includes the Chrysler, Dodge and Jeep brands, earned $183 million in 2011, compared ... http://businesstorrents.com/chrysler-from-bankruptcy-to-profit-in-2-years/ Markets clawed back lost ground Tuesday on hopes that Greece is heading toward a conclusion of debt-reduction talks with private creditors and that it may secure its second bailout package this week. Late Monday, following the agreement by a large majority of countries in the European Union to sign a ... http://businesstorrents.com/hopes-of-greek-progress-shores-up-markets/ African leaders urged countries to boost intra-regional trade to help accelerate economic growth and development on the continent. http://businesstorrents.com/african-union-urges-increased-intra-regional-trade-to-help-economic-growth-bloomberg/ President Barack Obama fired a warning at the nation's colleges and universities on Friday, threatening to strip their federal aid if they "jack up tuition" every year and to give the money instead to schools showing restraint and value. Obama can't proceed, though, without the OK from Congress, where the ... http://businesstorrents.com/obama-putting-colleges-on-notice-on-high-tuition/ New orders for manufactured goods rose in December and a gauge of future business investment rebounded, while new claims for jobless benefits rose only moderately last week, suggesting the labor market was still healing. Durable goods orders climbed 3.0 percent, the Commerce Department said on Thursday. Economists had ... http://businesstorrents.com/durables-orders-up-job-market-still-healing/ Investment brokerage firm Stifel, Nicolaus & Co. will pay $1.1 million to settle Missouri regulator's allegation that the firm failed to reasonably supervise a former employee who ran a pyramid scheme. The former stockbroker, Kenneth Neely, worked for St. Louis-based Stifel in its St. Peters office from October 2002 until January ... http://businesstorrents.com/stifel-to-pay-11-million-to-settle-alleged-supervisory-failure/ Spain http://businesstorrents.com/spanish-economy-shrank-most-in-two-years-last-quarter-central-bank-says-bloomberg/