The overnight boom in tech stocks made a few billionaires even richer when they woke up on Friday.» Read More
Spain's Zara owner Inditex continued to buck the pain in austerity-wracked Europe on Wednesday, posting nine-month net profit up 27 percent at 1.65 billion euros through its aggressive store-opening program around the world.
Millions of Chinese shoppers are turning to the web, fueling a booming $64 billion e-commerce market, as a local player gets set to overtake Amazon as the world's biggest online retailer by 2016.
The National Statistics Institute said Friday that 85,000 more people joined the ranks of the unemployed between July and September, raising the total to 5.78 million. Spain is under pressure to ask for outside aid to help deal with its debts.
HONG KONG, Oct 24- Hong Kong shares posted a fresh 2012 closing high on Wednesday, buoyed by expectations of more capital inflows into the territory after its de facto central bank moved to weaken the Hong Kong dollar for the fourth time in less than a week.
HONG KONG, Oct 24- Mainland Chinese shares rose on Wednesday, outperforming most Asian peers and lifting the Hong Kong market to just short of a year-high after a survey of purchasing managers showed China's economy making a steady recovery. The China Enterprises Index of the top Chinese listings in Hong Kong was down 0.4 percent.
ZURICH, Oct 7- Investors are preparing a takeover offer for loss-making Swiss clothing chain Charles Voegele, a newspaper reported on Sunday. The interested part was a retailer from Southern Europe with international ambitions, Der Sonntag said, citing sources close to investors.
LONDON, Oct 5- London's Oxford Street, one of world's busiest shopping strips, is suffering from flat-lining demand, signalling that the global economic gloom has spread to leading retail areas.
Oct 4- Li& Fung Ltd, a global supplier of apparel, is in advanced talks to buy Synergies Worldwide, a small, New York- based supplier, a source familiar with the matter said on Thursday. The move would help Hong Kong- based Li& Fung gain a better foothold in the fast fashion and discount clothing space.
MADRID, Oct 3- Spain's corporate tax take has tumbled by almost two thirds from pre-crisis levels as small businesses fail and a growing number of big corporations seek profits abroad to compensate for the prolonged downturn at home.
A string of earnings downgrades from European autos and the sector's recent underperformance could open up a cheap entry point for investors, reckons Fabio Di Giansante, senior portfolio manager at Pioneer Funds.
As children head back-to-school, it is a good time to remember that parents should be very careful when they share their children's Social Security numbers. Though you can't completely protect children against identity theft, there are things you can do.