August 13, 2013 8:48 am
European stocks advanced for a fourth day as investors weighed earnings results and awaited reports that may show rising economic sentiment and U.S. retail sales. U.S. index futures and Asian shares also increased. The Stoxx Europe 600 Index rose 0.5% to 307.55 at 8:29 a.m. in London, the highest level since May 28. The measure […]
Read moreAugust 13, 2013 7:16 am
Apple Inc. is preparing for a intensive month with the debut of a new iPhone and iPad models, trying to retain its position as a leader in innovation in the increasingly crowded smartphone and tablet markets. Last year company was criticized of not coming with anything innovative or even updated. Apple will unveil a new […]
Read moreAugust 13, 2013 6:31 am
U.S. stocks fell, giving the Standard & Poor’s 500 Index to its fifth drop in six sessions, as data showed a slowdown in Japan’s economic growth and investors awaited tomorrow’s report on US retail sales. The S&P 500 fell 0.1% to 1,689.47 at 4 p.m. in New York, extending its loss from a record high […]
Read moreAugust 12, 2013 2:22 pm
BlackBerry Ltd. said it’s considering putting itself up for sale, which is the strongest indication yet that the smartphone maker won’t remain independent as competition hurts sales and hammers its stock price. A special board committee will consider ways to boost BlackBerry’s value by exploring options such as joint ventures, partnerships or a sale of […]
Read moreAugust 12, 2013 11:10 am
U.S. stock-index futures retreated, forewarning benchmark indexes will retreat further from a record high after posting their worst weekly losses since June. “It was below my expectations,” Takahiro Sekido, a Tokyo-based strategist at Bank of Tokyo-Mitsubishi UFJ Ltd., told Mark Barton and Anna Edwards on Bloomberg Television, referring to Japan’s quarterly economic growth. “The capital […]
Read moreAugust 12, 2013 8:31 am
A survey of more than 1000 Ryanair captains and first officers has found concerns about the low-cost carrier’s safety culture, and support for an inquiry by regulators. Ryanair, Europe’s largest budget airline by revenue, declined to comment on the survey on Sunday, but said it had an “unblemished 29-year safety record”. The scale of the […]
Read moreAugust 12, 2013 7:35 am
GM has given South Korea plant a great priority as one of its main production hubs after its 2002 purchase of failed local car-maker Daewoo Motors. The country accounts for slightly more than 20% of GMs annual global production of some 9.5 million cars. More than 80% of those GM cars made in the country […]
Read moreAugust 12, 2013 6:49 am
US stocks retreated last week for the most significant decline since June as positive data on trade and service industries triggered concerns of Fed tapering its stimulus program. The Standard & Poor’s 500 Index sank 1.1% to 1,691.42. The Dow Jones Industrial Average lost 232.85 points, or 1.5%, to 15,425.51. Both benchmarks capped their worst […]
Read moreAugust 9, 2013 2:09 pm
South Koreas Samsung Group, through its affiliates, clinched a deal Friday to buy German lighting specialist Novaled AG for 260 million euros ($347 million), in a move highlighting the electronic giants ambition to expand in next-generation technologies. Samsung has been very active towards acquiring small companies with technologies used in consumer electronics. The latest deal […]
Read moreAugust 9, 2013 11:46 am
U.S. stock-index futures fell, indicating the Standard & Poor’s 500 Index will extend its biggest weekly retreat in seven weeks as today no major US economic data is due to be issued. Futures on the S&P 500 expiring next month sank 0.4% to 1,687.7 at 6:38 a.m. in New York. The index has declined 0.7% […]
Read more