• Most Popular
  • Most Shared

Reuters Industry Summit

The first Boeing 787 Dreamliner sits on the assembly line at the company's Everett plant in Washington in this May 19, 2008 file photo. REUTERS/Robert Sorbo/Files

Aerospace and Defense

Defense budgets are not declining as sharply as some had feared, but companies are scrambling to ensure continued earnings growth. Get exclusive insight into the defense sector from the Reuters Aerospace and Defense Summit.  Full Coverage 

    White House expects G8 meeting this year

    ADA, Michigan
    Wed Oct 15, 2008 2:53pm EDT

    ADA, Michigan (Reuters) - The Group of Eight leaders are expected to hold a meeting on the global financial crisis this year and President George W. Bush is expected to attend, White House spokesman Tony Fratto said on Wednesday.

    Russia  |  Crisis in Credit

    "We all want to be able to make sure we get through this period, but we want to send a clear signal to the world that we intend to meet and to deal with these issues in the future," Fratto told reporters traveling with Bush in Michigan.

    He said Bush believed it was important not to repeat past mistakes of protectionism and to ensure that countries commit to trade and investment. Russia is included in the meeting as it also has been hurt by the financial crisis.

    (Reporting by Tabassum Zakaria; Editing by Chizu Nomiyama )
    Russia
    Crisis in Credit


    More from Reuters

    Fed keeps rates near zero, but voices some optimism

    WASHINGTON (Reuters) - The Federal Reserve on Wednesday voiced guarded optimism the battered U.S. job market was improving, but it repeated a vow to keep interest rates extraordinarily low for "an extended period."

    » More Top News
    An an exit sign is pictured in New York City October 14, 2006. REUTERS/Lucas Jackson
    Interview:

    No stimulus exit in sight

    The man who predicted the fallout from the property bubble says it's still too early to talk about exiting easy money policies. In fact, more stimulus is on the way.  Full Article 

    ECONOMY
    A long-range, improved Sejil 2 missile is test-fired in the desert at an unknown location in Iran in this Iranian military handout distributed by Fars news agency on December 16, 2009.

    Iran tests upgraded missile

    Hardline rulers send uncompromising signals to foes at home and abroad, testing a missile that could reach Israel and warning of legal action against opposition leaders.  Full Article | Video 

    Iran