GO
Loading...

Latest Business News Wires - Business Headlines

More

  • LONDON, Nov 11- Vodafone nudged its forecasts for core earnings higher on Tuesday after reporting a sharp improvement in its main quarterly revenue measurement helped by growing demand for mobile services in its big European markets. "We have made encouraging progress during the quarter," said Chief Executive Vittorio Colao. Having sold its operations in the...

  • HANGZHOU, Nov 10- Alibaba Group Holding Ltd said more than $6 billion of goods have been sold so far during its annual Singles' Day online shopping frenzy, as customers jumped on heavily discounted goods to send sales surging past 2013' s record high. Alibaba did 35 billion yuan in business during last year's festival, and Tech research firm IDC predicts this year's...

  • The CSI300 index of the largest listed companies in Shanghai and Shenzhen fell 7.12 points, or 0.28 percent, to 2,558.61, while the Shanghai Composite Index lost 3.08 points, or 0.12 percent, to 2,470.59. Among the most actively traded stocks in Shanghai were Agricultural Bank Of China, up 5.88 percent at 2.70 yuan; Bank Of China, up 10.14 percent at 3.15 yuan and...

  • LONDON, Nov 11- Vodafone nudged its forecasts for core earnings higher on Tuesday after reporting a sharp improvement in its main quarterly revenue measurement as demand for mobile services improved in its big European markets. The British group reported second-quarter organic service revenue, which strips out items like handset sales and currency...

  • Hong Kong media reported that authorities could start removing protesters as early as Wednesday. "To those who are unlawfully occupying the roads, we call for you to leave the areas quickly and peacefully," said Carrie Lam, acting leader while chief executive Leung Chun- ying attends the Asia Pacific Economic Cooperation summit in Beijing.

  • Russian rouble edges down at opening Tuesday, 11 Nov 2014 | 2:06 AM ET

    MOSCOW, Nov 11- The rouble opened weaker against both the dollar and the euro on Tuesday, following strong gains in the previous session, when the central bank let the currency float. At 0604 GMT, the rouble was 0.1 percent weaker against the dollar at 45.89 and lost 0.4 percent to trade at 57.02 versus the euro. For rouble poll data see.

  • RUSSIAN ROUBLE 0.2 PCT WEAKER VS DOLLAR IN OPENING MINUTES OF TRADING.

  • TOKYO/ SYDNEY, Nov 11- The dollar rose towards a seven-year high versus the yen on Tuesday as a surge in Tokyo stocks amid an increase in risk appetite dimmed the appeal of the Japanese currency. Japan's Nikkei climbed 2.1 percent to a seven-year high as speculators saw a possibility Prime Minister Shinzo Abe could postpone a planned sales tax hike.

  • *Rising speculation Abe may twin tax hike delay and snap election. TOKYO, Nov 11- Japan's Nikkei share average hit a seven-year high on Tuesday as speculation swirled that Prime Minister Shinzo Abe may postpone a planned sales tax increase and call a snap election to bolster his political standing. The Nikkei share average rose 2.1 percent to 17,124.11 points,...

  • TOKYO, Nov 11- Japanese shares outperformed in Asia on Tuesday, with the Nikkei stock average rising to a 7- year high as speculators snapped up futures and call options as they wagered that Prime Minister Shinzo Abe may postpone a planned sales tax increase. Capital Spreads predicted Britain's FTSE 100 would edge up 9 points, or 0.1 percent; France's CAC 40 would...

  • TOKYO, Nov 11- Fujifilm Holdings Corp said on Tuesday that it expects its influenza drug Avigan to become a highly effective drug to treat Ebola. "So far, four Ebola patients have recovered after being treated with the drug," Shigetaka Komori, Fujifilm's chairman and chief executive, told a news conference. Fujifilm, once among the world's biggest makers of...

  • Nov 11- Microsoft Corp said it would roll out its Lumia 535 smartphone this month with an affordable price tag in its key markets, dropping the Nokia name just months after buying the Finnish company's handset business. Loaded with its latest Windows Phone 8.1 operating system, the Lumia 535 and Lumia 535 dual SIM will be priced at around 110 euros before taxes and...

  • Two months ago, Vista used the clause in one of the largest private equity deals of the year, committing to fund the $4.2 billion takeover of TIBCO Software Inc with equity. One day later, it secured debt commitments from JPMorgan Chase& Co and Jefferies LLC for the deal, reducing its equity exposure to $1.6 billion. The maneuver helped it not only outbid rival Thoma...

  • SINGAPORE, Nov 11- Brent crude traded around $82 a barrel on Tuesday, just above a four-year low hit last week, with a firm dollar and robust production from U.S. shale oil fields offsetting a drop in output in Libya. The price has fallen nearly 30 percent since late June and all eyes are on OPEC for any sign the oil cartel will cut prices at a meeting on Nov. 27.

  • *Gold had fallen over 2 percent on Monday. SINGAPORE, Nov 11- Gold extended losses to a second session on Tuesday, falling towards its lowest since 2010, as the strength in the U.S. dollar hurt demand for the precious metal as a hedge. Gold's inability to retain a 3 percent jump from Friday shows investors are selling into rallies, expecting more downside.

  • TOKYO, Nov 11- Japan's Nikkei share average extended gains on Tuesday, propelled by buying in futures and call options as speculators pondered the possibility Prime Minister Shinzo Abe may postpone a planned sales tax increase. The Nikkei share average rose more than 2.0 percent to 17,133.50, a level last seen in October 2007. Local media reported on Tuesday...

  • BEIJING, Nov 11- China and the United States have reached a breakthrough in talks on eliminating duties on information technology products, a deal that could pave the way for the first major tariff-cutting agreement at the World Trade Organisation in 17 years. "This is encouraging news for the U.S.- China relationship," Froman said on the sidelines of meetings of...

  • SINGAPORE, Nov 11- The world's biggest trading platform for spot iron ore cargoes, globalORE, is looking to launch a new contract next year to further boost volumes that hit record levels in October as prices tanked, its chief executive said. Cargoes of the steelmaking ingredient sold on the platform help determine benchmark spot prices that have this year...

  • Aluminum-intensive Ford F-150 truck on sale in December Tuesday, 11 Nov 2014 | 12:01 AM ET

    DETROIT, Nov 11- Ford Motor Co on Tuesday is scheduled to begin production of its redesigned, aluminum-intensive F-150 full-size pickup truck, a key profit generator for the No. 2 U.S. automaker that will go on sale next month. The 2015 F-150 will be initially produced at Ford's assembly plant in Dearborn, Michigan. It will go on sale in December in North America, where...

  • BEIJING, Nov 11- Fresh from pulling off the world's largest IPO, China's Alibaba is set to impress Wall Street with record sales on Singles' Day, the year's biggest online festival, but merchants complain that they bankroll the e-commerce giant's big day. Alibaba turned the Singles' Day celebration, Nov. 11, into an online shopping festival in 2009, copyrighting the "...