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  Home > Finance > Business News
 Latest Business and Finance News
London's young techs find anti-immigrant mood a drag [Reuters]
LONDON (Reuters) - When Efe Cakarel picked London as a new base for his video streaming company, he ...Detail
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Fed, China stimulus hopes boost shares; Scotland eyed  [Reuters] 17 Sep, 2014
LONDON (Reuters) - Global stocks and commodity prices rose on Wednesday, boosted by speculation the U.S. Federal Reserve will maintain a pledge on low rates later in the day and by a report China's central bank will provide t ...
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French government calls for end to Air France strike  [Reuters] 17 Sep, 2014
PARIS (Reuters) - The French government called for an end to the Air France pilots strike, now in its third day, as the dispute over cost cuts threatened 60 percent of the airline's flights on Wednesday.
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Variety is key in Mondelez coffee growth strategy  [Reuters] 17 Sep, 2014
LONDON (Reuters) - Offering an array of hot and cold single-serve drinks is central to the growth strategy of Mondelez International Inc's European coffee business, which will soon merge with D.E Master Blenders 1753.
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Market calm over Scottish vote at odds with disaster warnings  [Reuters] 17 Sep, 2014
LONDON (Reuters) - The big question about investor anxiety over Scotland's independence referendum is not whether it's warranted, but why it took so long to materialize and why it's still so marginal.
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Credit Suisse loans under U.S. Fed scrutiny: WSJ  [Reuters] 17 Sep, 2014
(Reuters) - The U.S. Federal Reserve has asked Credit Suisse Group AG to immediately address problems relating to the bank's underwriting and sale of leveraged loans, or high-interest-rate loans used by private-equity firms t ...
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It was my idea to form PTI and I strongly support it; Junaid Jamshed  [Business Recorder] 17 Sep, 2014
Pakistani singer turned scholar Junaid Jamshed said it was his idea to Imran Khan in 1993 to form a political party, Pakistan Tehreek-e-Insaaf (PTI). In an interview to a local media, Junaid Jamshed said he would support every sin ...
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Alibaba options expected to be listed on September 29: exchanges  [Reuters] 17 Sep, 2014
NEW YORK (Reuters) - Investors looking to hedge their bets or speculate on the direction of Alibaba Group's stock after its expected public sale of shares on Friday, will be able to trade its options in two weeks, as U.S. opt ...
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Asia shares rise on Fed, China policy speculation  [Reuters] 17 Sep, 2014
SYDNEY (Reuters) - Asian shares were tentatively higher on Wednesday after Wall Street rebounded on speculation the Federal Reserve would maintain a pledge on low rates when a two-day policy meeting ends later in the session.
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Deputy Chairman NAB calls on CM Balochistan  [Business Recorder] 17 Sep, 2014
QUETTA: Deputy Chairman National Accountability Bureau (NAB), Admiral (retd) Saeed Ahmed called on Chief Minister Balochistan, Dr Abdul Malik Baloch.According to a handout issued here on Wednesday, they discussed the matters of mu ...
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Wal-Mart to sell Australian rival to Kinder Surprise chocolates in U.S.  [ARY News] 17 Sep, 2014
SYDNEY: A small Australian confectioner will start selling its chocolate encased toys in the United States from October, cracking a potentially lucrative market where its better-known global rival, Kinder Surprise chocolate eggs, ...
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Qatar Airways takes delivery of its first Airbus A380  [ARY News] 17 Sep, 2014
HAMBURG: Qatar Airways has taken delivery of its first A380 superjumbo following a three-month standoff with planemaker Airbus over the quality of cabin fittings.
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iPhone comes out of a ‘bygone era’, reviewers hail bigger handset  [ARY News] 17 Sep, 2014
CALIFORNIA: Bigger is better and Apple Inc has finally realized that and given iPhone users a product that may be low on novelty but high on improvements, reviewers wrote.
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Total resumes $2.5 bln Nigerian deepwater oil field sale  [ARY News] 17 Sep, 2014
LONDON/LAGOS: France’s Total SA, Europe’s second largest oil company, has put one of its offshore Nigerian oil fields up for sale again, the company said, after a 2012 deal with Sinopec Corp failed.
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Chief executives face pay overhaul  [BBC News] 16 Sep, 2014
Bosses of UK listed companies could see their pay packages overhauled under new rules from the Financial Reporting Council (FRC).
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Bank 'tops customer service ratings'  [BBC News] 16 Sep, 2014
Online bank First Direct has topped a customer service league compiled by consumer group Which?, with Npower ranked bottom.
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'Thousands lie' on motor cover forms  [BBC News] 16 Sep, 2014
A total of 180,675 fraudulent applications for motor insurance were detected by the industry last year, a trade body says.
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New York says Barclays move to toss fraud case should be denied  [Reuters] 16 Sep, 2014
NEW YORK (Reuters) - New York's attorney general said on Tuesday that Barclays Plc's motion to dismiss the state's lawsuit alleging the bank lied to customers about "high-frequency" trading on its private trading pl ...
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Microsoft boosts dividend 11 percent, adds new directors  [Reuters] 16 Sep, 2014
SEATTLE (Reuters) - Microsoft Corp on Tuesday announced an 11 percent increase in its quarterly dividend and appointed two new directors to replace two board members who decided not to seek re-election.
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Adobe revenue forecast misses, shares slip  [Reuters] 16 Sep, 2014
(Reuters) - Photoshop maker Adobe Systems Inc's forecast disappointing revenue for this quarter and reported lower quarterly sales at its digital media business, which includes the Creative Cloud software suite.
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Alibaba options expected to be listed on Sept. 29: exchanges  [Reuters] 16 Sep, 2014
NEW YORK (Reuters) - Investors looking to hedge their bets or speculate on the direction of Alibaba Group's stock after its expected public sale of shares on Friday, will be able to trade its options in two weeks, as U.S. opt ...
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FedEx units to raise shipping rates from January  [Reuters] 16 Sep, 2014
(Reuters) - FedEx Corp , the world's No.2 package delivery company, said it would increase shipping rates for its express, ground and freight services, effective Jan. 5, 2015.
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Adobe revenue misses on disappointing digital media sales  [Reuters] 16 Sep, 2014
(Reuters) - Photoshop maker Adobe Systems Inc reported a mere 1 percent rise in quarterly revenue that missed analysts' expectations, hurt by lower sales at its digital media business, which includes the Creative Cloud softwa ...
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U.S. auto regulators defend role in GM recall after report  [Reuters] 16 Sep, 2014
WASHINGTON (Reuters) - Federal auto safety regulators came under scrutiny in a Senate hearing on Tuesday for their role in General Motors' failure to promptly report and recall cars with defective parts that led to at least 1 ...
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Wall St. climbs as expectations shift on Fed policy  [Reuters] 16 Sep, 2014
NEW YORK (Reuters) - U.S. stocks rose on Tuesday and the S&P notched its best performance in a month after a report shifted investor expectations for the Federal Reserve's policy statement due on Wednesday.
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Adobe revenue misses estimate  [Reuters] 16 Sep, 2014
(Reuters) - Photoshop maker Adobe Systems Inc reported a mere 1 percent rise in quarterly revenue that missed analysts' expectations, pushing shares down about 3.6 percent in extended trading on Tuesday.
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Wall St. ends up as views shift on Fed's next move  [Reuters] 16 Sep, 2014
NEW YORK (Reuters) - U.S. stocks ended higher on Tuesday, with the S&P 500 notching its best performance in a month after a news report shifted investor expectations for the Federal Reserve's policy statement Wednesday.
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New data shows Americans' incomes still stagnant after recession  [Reuters] 16 Sep, 2014
WASHINGTON (Reuters) - In what has become a recurring theme in America's long slog back from the 2007-09 recession, most U.S. households again saw no noticeable increase in their income last year.
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Global firms 'need new tax rules'  [BBC News] 16 Sep, 2014
Moves to tackle corporate tax avoidance on a global scale are unveiled by the Organisation for Economic Co-operation and Development (OECD).
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Allergan reaches truce with suitors on special shareholder meeting  [Reuters] 16 Sep, 2014
(Reuters) - Allergan Inc has agreed not to throw up any roadblocks to a special shareholder meeting on Dec. 18, giving Pershing Square Capital Management a chance to attempt its threatened replacement of Allergan board members.
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Biotechs bounce after three-day slide  [Reuters] 16 Sep, 2014
NEW YORK (Reuters) - Biotech stocks were trading higher on Tuesday, putting the Nasdaq biotechnology index on track to snap a three-day losing skid heading into the latter stages of trading.
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