WASHINGTON (Reuters) - With economic storm clouds gathering abroad and signs the U.S. recovery is flagging, the Federal Reserve may feel compelled on Wednesday to launch a new round of monetary stimulus.
Reuters
Europe, China worries dampen Asia business sentiment in second quarter: survey
SINGAPORE/MUMBAI (Reuters) - Asia's top companies are less upbeat on their business outlook than in the first quarter, with mounting concern over the euro zone crisis and a slowdown in China's growth, according to the latest Thomson Reuters/INSEAD Asia Business Sentiment Survey, published on Wednesday.
Apple, Google to face off in key smartphone hearing
CHICAGO (Reuters) - Apple Inc will try to salvage a high-profile lawsuit against Google Inc's Motorola Mobility unit on Wednesday at a crucial hearing in the smartphone patent wars between the two tech companies.
Rio Tinto approves $3.7 billion Australia iron ore expansion
SYDNEY (Reuters) - Rio Tinto will spend $3.7 billion to increase iron ore output in Australia by a further 25 percent to 353 million tonnes a year tonnes by 2015, shrugging off forecasts of waning demand and a looming global supply glut.
