September 9, 2013 10:58 am
US stock-index futures climbed, hinting the Standard & Poor’s 500 index will rise for a fifth straight day, as exports from China, the world’s second-largest economy, exceeded forecasts. Futures on the benchmark Standard & Poors 500 expiring this month gained 0.2% to 1,657.1 at 6:21 a.m. in New York as President Barack Obama continues to […]
Read moreSeptember 9, 2013 7:51 am
The sport and luxury car-producer McLaren Automotives wants to gain from the worlds second largest economy, as it targets the Chinese upper social class. The British car manufacturer opens its showroom doors in China on Monday as it races to catch up with global rivals in Asian car market. Chinas expanding economy is delivering some […]
Read moreSeptember 9, 2013 7:12 am
Trading shares of Chinas dominant oil producer PetroChina Co Ltd was suspended today, the second halt in two weeks, after the investigation of executives on August 27. However, the company said in a newspaper report that more of its executives were being investigated was inaccurate. A PetroChina spokesman assured the company would issue a official […]
Read moreSeptember 9, 2013 6:38 am
The Standard & Poor’s 500 Index erased almost all its gains as an escalation in tension over Syria overshadowed slower-than-forecast jobs growth that eased concern about reductions in Federal Reserve stimulus. The S&P 500 rose less than 1 point to 1,655.17 at 4 p.m. in New York. The benchmark hesitated 1.5% points during the session, […]
Read moreSeptember 5, 2013 12:20 pm
US stock index futures were little changed, after a two-day gain for the Standard & Poor’s 500 Index, as investors awaited a report on private payrolls and concern mounted that the U.S. will strike Syria. Investors were expected to keep a close attention on data releases from the US, looking for clues as to whether […]
Read moreSeptember 5, 2013 11:31 am
Sony CEO Kazuo Hirai stays committed to the firms flagship TV business despite recent calls for it to be streamlined, he told CNBC at the IFA electronics show in Berlin Wednesday. His comments follow pressure in recent months from activist investor Daniel Loeb for Sony to sell up to a fifth of the firms entertainment […]
Read moreSeptember 5, 2013 9:17 am
Facebook is facing the risk of taking part in another battle with privacy advocates over its latest policy revisions, with users under the age of 18 one of the main sources of discord. The top six US privacy organisations sent a joint letter to US regulators and politicians late on Wednesday arguing that recent proposed […]
Read moreSeptember 5, 2013 7:34 am
Tech giant Samsung finally announced its long-rumored Galaxy Gear smartwatch at a trade show in Berlin on Wednesday, kicking off what will likely be a tech battle over consumers choice of smartwatches. By presenting the device Samsung Electronics has become the first global mobile computing company to launch a smartwatch, leaping ahead of rivals Apple, […]
Read moreSeptember 5, 2013 6:36 am
Yesterday US stocks recorded the largest one-day rise in five weeks amid auto makers data and technology shares gains as the economy continues to recover. The Dow Jones Industrial Average rose 96.91 points, or 0.65%, to 14930.87. That was the biggest point and percentage gain since Aug. 1. The S&P 500-stock index added 13.31 points, […]
Read moreSeptember 4, 2013 11:38 am
Ryanair experienced sharp share drop on Wednesday after the company warned that full-year profit was expected to come in at the bottom end of its target range after increased competition depressed ticket pricing. The Irish company stated weaker than anticipated average fares for the third quarter meant it anticipated net profit would be at the […]
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