China's Lenovo Group will lay off 10 percent of white-collar staff after sales of Motorola handsets fell by a third.» Read More
US companies have easily beaten expectations for first-quarter earnings so far, but analysts don't expect the rest of the season to be as robust.
U.S. futures up. Europe mostly up as well...huh? It's odd that volumes were weak yesterday on the first trading day of the quarter, which normally sees some inflows.
U.S. mortgage finance company Freddie Mac is suing more than a dozen banks for losses from the alleged manipulation of the benchmark interest rate known as Libor.
Investment demand for gold in Vietnam could be a quarter less in 2013 than last year as the government tightens its grip on the bullion market to stabilize the country's currency.
South Korea's new president faces not only a hostile North Korea that seeks nuclear weapons but now new pressure on its exporters and growth prospects from neighboring Japan's yen devaluation.
After several lackluster years, the $5 trillion foreign exchange market has bolted back to life with institutional investors leading the charge and banks standing to gain from the activity.
Information technology salaries have risen 15-20 percent in India, and staff turnover is high. Enter Rural Sourcing, which offers IT employees from rural America to replace outsourced workers from India.
U.S. stock index futures held their gains Wednesday following a pair of economic reports, a day after the Dow and S&P 500 closed at multi-year highs.
This earnings season, the U.S. technology industry is in an unusual position - dragging corporate America down, rather than lifting it up.
Investors sifting through analysts' new year predictions for stock market movements may want to press "delete" and look instead for sound companies, as history shows equity index forecasts are usually wrong.
Warning to investors: major U.S. technology companies could miss estimates for fourth-quarter earnings as "fiscal cliff" worries likely led some corporate clients to tighten their belts last month.
"What could have been a merry Christmas is going to turn to a ho-hum Christmas, and we can thank our, you know, politicians for getting in the middle of it all," said a retail analyst.
Apple's stock plunge is hurting investors who chased hot mutual funds that loaded up on Apple as the stock raced to a record $705 per share.
The Swiss government watered-down a plan to try to clean up the country's image as a haven for untaxed assets.
Swiss bank UBS faces a combined fine of about $1 billion, a person familiar with the situation said on Thursday.
The usual year-end tax tasks are complicated by the possibility over going over the "fiscal cliff."
Take a look at some of Wednesday's midday movers:
Japan's Universal Entertainment on Tuesday sued Thomson Reuters for defamation over news articles relating to payments Universal made to an ex-consultant to the Philippine gaming authority.
Borrowing by small businesses rose in October, as the central bank launched its latest round of monetary stimulus.
Nov 6- Pearson Plc has decided to consider offers for the Financial Times newspaper this year and may seek at least $1 billion, Bloomberg reported, citing people with knowledge of the situation.