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Today on Reuters 

A security guard stands outside the head office of Satyam Computer Services in the southern Indian city of Hyderabad, January 7, 2009.

Satyam scandal could be India's Enron 11:28am ET

India's biggest corporate scandal in memory threatens future foreign investment flows into Asia's third-largest economy and casts a cloud over growth in its once-booming outsourcing sector.  Full Article | Blog 

After career highs, a stunning exit
Scandal clouds family-run corporates
Timeline: Recent key events at Satyam
Factbox: Five facts about Satyam
A security guard stands outside the head office of Satyam Computer Services in the southern Indian city of Hyderabad, January 7, 2009.

Satyam scandal could be India's Enron 11:28am ET

India's biggest corporate scandal in memory threatens future foreign investment flows into Asia's third-largest economy and casts a cloud over growth in its once-booming outsourcing sector.  Full Article | Blog 

After career highs, a stunning exit
Scandal clouds family-run corporates
Timeline: Recent key events at Satyam
Factbox: Five facts about Satyam
Israeli mobile artillery units fire shells towards Gaza from their position outside the northern Gaza Strip, January 7, 2009.

Gaza city fighting resumes as truce ends 9:53am ET

Clashes between Israeli forces and Palestinian gunmen resumed in the city of Gaza after the expiration of a three-hour truce to allow in humanitarian aid.  Full Article 

Timeline: Israeli-Hamas violence
Factbox: Hamas's arsenal of rockets
Solidarity sidelines Palestinian split
Israel to debate "final" Gaza push

Small Business

Deborah Cohen
Big fish move to smaller ponds
Deborah Cohen

Some smaller banks are getting a crack at top talent as the credit crisis ravages bigger institutions, resulting in one of the biggest pools of qualified labor in financial services history.   Full Article 

James Saft
UK banks suffer from Darwinism
James Saft

Britain's banks are fulfilling their Darwinian role, to survive, rather than their economic one, to lend, and there is no easy or painless way out.  Commentary 

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Commodities

Commodity Last Pct Chg Trade Date/Time
Oil 51.16 -4.12% 07 Jan 2009 11:46 EST
Gold 849.3 -1.92% 07 Jan 2009 11:56 EST

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Blogs: Environment
Topics: AIDS, Post-Traumatic Stress Disorder
Blogs: Soccer
Gasoline prices are advertised at a gas station near Lindbergh Field as a plane approaches to land in San Diego, California June 1, 2008.
Year in Review 2008

Our picks and yours of the top stories, pictures and videos of the year.  Full Coverage | Slideshow 

Signs marking the entrance to Wall Street are seen in New York October 6, 2008.
Crisis in Credit

Follow the financial crisis using our interactive video timeline. Track the global impact on our interactive map.  Full Coverage 

Bernd Debusmann
Pakistan, Mexico and U.S. nightmares

What do Pakistan and Mexico have in common? They figure in the worries of U.S. military planners trying to identify the next big threats, writes columnist Bernd Debusmann.  Commentary 

Pictures

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Mourning ritual
11:13am EST 
Ashura, the most important day in the Shi'ite calendar, features pilgrims gashing their heads in a traditional rite of mourning.
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Video

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Shi'ites mark Ashura

Jan 7 - Millions of Shi'ites take part in the culmination of one of the holiest rituals of their religious calendar.  Play Video

 
Israel may consider peace plan
Europe getting no gas via Ukraine
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