Monday, September 21, 2015

Global Business

Featured Inc's ventures far beyond online retail, from cloud computing to movie making, are raising questions among corporate strategy

World stock dips, euro strengthens

World stock markets dipped on Friday, as US equities retreated after a soft reading on first-quarter economic growth, while

US Congress passes spending bill

The Republican-led Congress averted a US government shutdown on Friday and gave lawmakers another week to work out federal

British economy slows sharply as inflation hits home

Britain's economy slowed sharply in the first three months of 2017 as households and high streets felt the pinch

Trade deficit between US S Korea may not shrink

A five-year-old US-South Korean trade deal could be improved to increase access for American vehicles and deter currency manipulation,

Google gets Australian tax office demand

Alphabet Inc's Google said it will challenge amended tax assessments issued by the Australian Taxation Office (ATO), which is

Polish workers unfazed by French campaign fury

Workers at a Whirlpool factory in Poland shrug off blame for job losses at the company's plant in fellow

Tesla must complete brake fix to regain top safety rating

Tesla Inc needs to complete fixing its Model S sedan emergency braking system to regain Consumer Reports' top safety

Asia markets retreat after strong week, eye on US data

Asian investors on Friday wound down after a strong week, with profit-taking weighing on markets and attention turning to

British economic growth slows before election

Britain's economic growth slowed in the first quarter to the weakest pace in a year, official data showed Friday,

US refiners bet on strong exports to balance market

US  refiners have come out of maintenance season betting that big exports to Mexico and South America will help

Sony sets sights on 2-decade profit high

Sony said Friday it is on track to report its highest annual operating profit in 20 years owing to

Frugal US consumers seen holding back 1-quarter GDP

The US economy likely hit a soft patch in the first quarter as an unseasonably warm winter and rising

Eurozone inflation powers back to ECB target

Eurozone inflation accelerated to 1.9 percent in April, just shy of the European Central Bank's target, despite continuing uncertainty

Westinghouse will operate in Asia

Toshiba Corp's Westinghouse Electric Co unit will continue operating normally in Asia and Europe, despite the ongoing Chapter 11

France economy loses momentum in first quarter

Economic growth in France slowed in the first quarter, the national statistics office Insee said on Friday, just a

Sony returns to black on healthy chip game battery sales

Sony Corp. reported Friday a January-March profit of 27.7 billion yen

Oil prices fall on oversupply

Oil prices fell on Thursday, weighed down by oversupply, but losses were limited by expectations that major exporters would

Trump not to exit NAFTA now rather renegotiate

President Donald Trump stopped short Wednesday of pulling out of NAFTA despite earlier threats to exit the trade deal,

German inflation picked up in April, close to target

German consumer inflation bounced back in April and came close to the European Central Bank's price stability target of

United to offer passengers up to $10,000 to surrender seats

United Airlines said on Thursday it would offer passengers who volunteer to forfeit their seats on overbooked flights up

Deutsche Bank revenue fall puts pressure on Cryan

Deutsche Bank more than doubled its profit in the first quarter, but its shares fell on Thursday after the

UK retail sales expand in April

British retailers reported the biggest increase in sales volumes since mid-2015 during April, according to an industry survey on

Nokia reports another loss as networks sag

Finland's telecoms giant Nokia reported Thursday that it remained deep in the red at the start of the year,

Samsung foresees bigger profit in 2017


European shares edge up

French luxury group Kering hit a record high on Wednesday after reporting strong sales and European shares hovered near