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Timber! Why the rich are buying trees

Forget stocks and bonds, the 1% are buying up land, especially timber plots.

On: Mon, 24 Nov 2014 12:46:59 EST

Russia is hemorrhaging $140B a year

Karate-loving President Vladimir Putin is getting slammed by low oil prices and sanctions.

On: Mon, 24 Nov 2014 12:07:00 EST is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals.

Reuters: Financial Services and Real Estate

Detroit eyes bankruptcy exit in second week of December-attorney

DETROIT, Nov 24 (Reuters) - Detroit is eying a date between Dec. 8 and 10 for its debt adjustment plan to take effect, allowing the city to exit the biggest-ever municipal bankruptcy, an attorney said on Monday.

On: Mon, 24 Nov 2014 18:46:07 GMT

UPDATE 1-As Iran talks extended, U.S. Republicans want Congress to weigh in

WASHINGTON, Nov 24 (Reuters) - Senior Republicans insisted on Monday that the U.S. Congress should have the chance to weigh in on any final nuclear agreement with Iran, and some said the extension of the talks must be coupled with increased sanctions.

On: Mon, 24 Nov 2014 18:43:10 GMT

The latest stories from the Business section of the BBC News web site.

BBC News - Business

RBS 'wanted critic's mortgage back'

A businessman who wrote a government report that criticised RBS has been told he can no longer remain a customer of the bank, Panorama learns.

On: Mon, 24 Nov 2014 18:41:37 GMT

BT in talks to buy O2 from Telefonica

Telecoms giant BT is in talks with Telefonica about buying the O2 mobile network in the UK from the Spanish firm.

On: Mon, 24 Nov 2014 17:09:52 GMT