Lightning strike causes Stansted Airport disruption
Flights are cancelled or delayed after its aircraft fuelling system was damaged by a thunderstorm.
Source: BBC News - Business | 27 May 2018 | 6:04 am
E.U. Settles With Russia’s Gazprom Over Antitrust Charges
The settlement could mark the end of a long legal tangle. But countries that have long been squeezed by the energy company complained that it should have been fined.
Source: NYT > Business Day | 27 May 2018 | 6:02 am
Your Money Adviser: Free Tickets. Money. College Savings Plans Try to Stir Up Interest.
State 529 plans, which allow education savings to grow tax free, have been around for more than 20 years. But many families still don’t know about them.
Source: NYT > Business Day | 27 May 2018 | 6:01 am
Qualcomm to meet China regulators in push to clear $44 billion NXP deal: sources
BEIJING (Reuters) - Qualcomm Inc is expecting to meet this week in Beijing with China's antitrust regulators in a final push to secure clearance for its proposed $44 billion acquisition of NXP Semiconductors NV , three sources told Reuters.
Source: Reuters: Business News | 27 May 2018 | 5:33 am
Cyclone shuts Sembcorp Salalah water production plant
DUBAI (Reuters) - Sembcorp Salalah Water and Power Co , which operates an electricity generation and seawater desalination plant in Oman, said its water production plant had been temporarily shut down because of rough seas as a result of a tropical storm.
Source: Reuters: Business News | 27 May 2018 | 3:25 am
Tencent chairman pledges to advance China chip industry after ZTE 'wake-up' call: reports
HONG KONG (Reuters) - Tencent Holdings chairman pledged to advance China's semiconductor industry, saying the blow to ZTE Corp from Washington's ban on U.S. firms supplying telecommunications company was a "wake-up" call, local media reported.
Source: Reuters: Business News | 27 May 2018 | 1:33 am
The curious case of the White House official Trump says 'doesn't exist'
On Thursday the Trump administration held a "background briefing" where a "senior White House official" provided information to reporters from The New York Times, CNN and lots of other news outlets.
Source: Latest financial news - CNNMoney.com | 26 May 2018 | 11:09 pm
While the High Street is a battleground for supermarkets, online retailers and discount chains - convenience stores are thriving.
Source: BBC News - Business | 26 May 2018 | 8:46 pm
Makers of ‘Sesame Street’ Sue to Get Raunchy Puppet Movie to Change Its Advertising
The creators of the children’s television show want “The Happytime Murders,” an upcoming movie featuring puppets, to stop using the slogan “No Sesame. All Street.”
Source: NYT > Business Day | 26 May 2018 | 7:31 pm
Europeans in Iran Bitterly Denounce the U.S. as ‘Caesar’ Amid New Sanctions
Big European companies are weighing whether to rapidly end operations there, leaving many executives angry and some Iranians unemployed.
Source: NYT > Business Day | 26 May 2018 | 7:20 pm
Business groups write to PM urging Heathrow expansion
Business groups write to the prime minister urging the government not to waver on Heathrow expansion.
Source: BBC News - Business | 26 May 2018 | 7:12 pm
RBS closures decision criticised by MPs
A report says RBS has failed to appreciate the impact of its decision to close dozens of branches in Scotland.
Source: BBC News - Business | 26 May 2018 | 7:02 pm
Daimler faces scrutiny of 120,000 Vito, C-Class diesels: BamS
FRANKFURT (Reuters) - Daimler faces an investigation of 40,000 diesel Vito vans and 80,000 C-Class model cars for possible illicit software that allowed the vehicles to emit excess pollution without detection, Bild am Sonntag reported, citing no sources.
Source: Reuters: Business News | 26 May 2018 | 6:27 pm
As Google Feeds Cats, Owl Lovers Cry Foul
In a Silicon Valley park, burrowing owls are dying and disappearing. Public records and a bit of snooping uncovered a path that led to Google and its feline-loving employees.
Source: NYT > Business Day | 26 May 2018 | 4:06 pm
Oil output could return to October 2016 level, says Russia's Novak
MOSCOW (Reuters) - A return to the oil production levels that were in place in October 2016, baseline for the current deal to cut output, is one of the options for easing curbs, Russia's energy minister said on Saturday.
Source: Reuters: Business News | 26 May 2018 | 2:22 pm
So you want to be a sports agent? Here's what you should know
Being a sports agent can mean working with famous clients and getting front-row access to some of the biggest sporting events.
Source: Latest financial news - CNNMoney.com | 26 May 2018 | 1:30 pm
Is 'Solo' suffering from 'Star Wars' fatigue?
Every new "Star Wars" film brings an excitement that can be felt throughout the galaxy. Yet, this weekend's "Solo: A Star Wars Story" seems to be missing some of the usual galactic hype.
Source: Latest financial news - CNNMoney.com | 26 May 2018 | 11:52 am
Boots owner denies overcharging NHS for cancer mouthwash
A Times newspaper investigation found the NHS was charged £3,220 for a mouthwash used by cancer patients.
Source: BBC News - Business | 26 May 2018 | 9:03 am
Saudi Arabia: OPEC and Russia to pump more oil 'in the near future'
OPEC and Russia are likely to increase supply to world markets after a meeting of oil producers in June.
Source: Latest stock market news from Wall Street - CNNMoney.com | 25 May 2018 | 9:09 am
Australian company loses $1 billion on UK retail investment
A badly timed bet on the UK retail sector has left Australia's Wesfarmers with a hefty loss.
Source: Latest stock market news from Wall Street - CNNMoney.com | 25 May 2018 | 6:41 am
Samsonite says it has nothing to hide, but shares plunge again
Samsonite's stock fell more than 12% on Friday, deepening its losses after investment firm Blue Orca accused the company of questionable business practices.
Source: Latest stock market news from Wall Street - CNNMoney.com | 25 May 2018 | 5:03 am
British tech firm Dyson to invest 2 billion pounds in electric car
(ChinaPost.com.tw) - British technology firm Dyson announces plans to invest 2 billion pounds (2.6 billion dollars) to develop a battery powered electric car to be marketed from 2020.
Source: China Post Online - Taiwan Business,World Business | 27 Sep 2017 | 2:33 am
US second quarter GDP revised higher as it notches quickest pace of growth in two years
The US economy grew faster than initially thought in the second quarter, notching its quickest pace in more than two years, and there are signs that the momentum was sustained at the start of the third quarter.
Gross domestic product increased at a 3.0 per cent annual rate in the April-June period, the Commerce Department said in its second estimate on Wednesday. The upward revision from the 2.6 per cent pace reported last month reflected robust consumer spending as well as strong business...
Source: South China Morning Post - Business feed | 30 Aug 2017 | 6:15 pm
Hurricane Harvey shuts down LPG exports to Asia by the US
Asian buyers of liquefied petroleum gas are already paying for disruptions half a world away in Texas as record rainfall halted shipments of propane and butane from ports that handle more than 90 per cent of US exports to the region.
Marine export terminals operated by Enterprise Products Partners LP, Targa Resources Inc and Phillips 66, all suppliers of the fuel, are shut because of closures at the Houston Ship Channel, Port of Beaumont and Port of Freeport, according to statements from the...
Source: South China Morning Post - Business feed | 30 Aug 2017 | 3:30 pm
Alibaba Pictures first half revenue soar on back of online promotion and distribution business
Alibaba Pictures Group, the entertainment subsidiary of e-commerce titan Alibaba Group Holding, recorded a 313 per cent year on year jump in revenue for the six months ended June 30 amid aggressive moves to build its infrastructure for the mainland Chinese film industry.
“Having laid the foundation for its core business segments over the last two years, the group is expected to advance to a new phase of development,” said Alibaba Pictures chairman Yu Yongfu in a regulatory filing...
Source: South China Morning Post - Business feed | 30 Aug 2017 | 2:00 pm
Mengniu Dairy’s profits first-half rise 4.7 per cent
China Mengniu Dairy, the country’s second largest dairy, announced that its profits for the first half of the year increased by 4.7 per cent from the same period last year, in line with analysts’ expectations.
Mengniu reported profits of 1.13 billion yuan for the six months to the end of June, up from 1.08 billion in the first half of 2016.
The profit came primarily from Mengniu’s core activities, liquid milk and ice cream products, which helped compensate for a loss at its...
Source: South China Morning Post - Business feed | 30 Aug 2017 | 11:31 am
China Construction Bank profits up 3.69 per cent
China Construction Bank announced late on Wednesday that its profits rose by 3.69 per cent, a performance in line with analysts’ expectations.
The bank, China’s second most profitable, reported net profits of 138.3 billion yuan, up from 133.4 billion yuan last year.
The profit growth was broad based, with net interest income up 3.25 per cent, net fee and commission income up 1.32 per cent, and some improvements in costs.
In its statement to the Hong Kong Stock Exchange, the bank...
Source: South China Morning Post - Business feed | 30 Aug 2017 | 11:13 am
Jimmy Garoppolo Is The Smartest QB Investment NFL Teams Can Make This Offseason
In a league where quarterback play gets coaches fired or promoted, every penny counts. For my money, I'd take a risk on Garoppolo and bank on his experience with Brady and Belichick.
Source: Forbes Real Time | 22 Feb 2017 | 11:46 pm
'Suits' Season 6 Episode 15 Recap: 'Quid Pro Quo'
Tonight, the groundwork was laid for the future on Suits.
Source: Forbes Real Time | 22 Feb 2017 | 11:00 pm
Mapping Global Happiness In 2016 Through A Quarter Billion News Articles
How the power of the cloud makes it possible to sentiment mine, machine translate, geocode and map a quarter billion news articles to map global happiness in 2016 as seen through the eyes of the world’s press
Source: Forbes Real Time | 22 Feb 2017 | 10:58 pm
Job Search Going Nowhere? Here Are Ten Ideas To Try
Is your job search going nowhere? Here are ten ways to get it moving again!
Source: Forbes Real Time | 22 Feb 2017 | 10:44 pm
Texas High School Wrestler's Case Shows Ridiculousness Of Anti-Transgender Rules
Mack Beggs is the unwitting center of a debate over whether athletes should compete against those with whom they identify, or the gender on their birth certificate.
Source: Forbes Real Time | 22 Feb 2017 | 10:27 pm
GM's Opel, Peugeot lagging rivals in strong European market: ACEA
BERLIN (Reuters) - General Motors and PSA Group posted weaker European sales in January than any other major carmaker as they discuss a possible purchase of GM's European auto operations by PSA. A combination between GM and PSA would create a manufacturer with about 16 percent of the European passenger car market, ahead of French rival Renault and behind Germany's Volkswagen . New passenger car registrations at PSA, including the Peugeot, Citroen and DS brands in the European Union and the European Free Trade Association rose 6.5 percent in January, compared with 5. ...
Source: Business News Headlines - Yahoo! News | 16 Feb 2017 | 2:13 am
Snap sets valuation at lower end of expectation: WSJ
(Reuters) - Snap Inc, the owner of the popular messaging app Snapchat, has set a valuation range for itself of $19.5 billion to $22.2 billion in its initial public offering, the Wall Street Journal reported, citing sources. The valuation range, which represents $14 to $16 per share, is close to the lower end of the expected range of $20 billion to $25 billion, the Journal reported. Snap Inc filed its IPO registration statement in early February and was expected to record the biggest valuation in a U.S. technology IPO since Facebook Inc. The company had confidentially registered with the U.S. Securities and Exchange Commission late last year for an IPO.
Source: Business News Headlines - Yahoo! News | 16 Feb 2017 | 1:50 am
Ericsson launches 5G platform with federated network slicing
Following its trial of federated network slicing with Deutsche Telekom and SK Telecom, Ericsson has launched its 5G platform combining the technology with a 5G radio system and core network.
Source: Business News Headlines - Yahoo! News | 16 Feb 2017 | 1:31 am
Argentina's rising grains production strands vessels in river traffic
By Hugh Bronstein ROSARIO, Argentina (Reuters) - When a boat carrying soy oil destined for India ran aground on the Parana River near Buenos Aires in late January, ships loaded with most of Argentina's grains exports were blocked for hours. Increasing congestion on the Parana, which carries 80 percent of Argentina's grains exports, could hamper President Mauricio Macri's efforts to expand farm output and pull the country out of recession. Macri wants Argentina to grow 25 percent more grains to boost rural income and has cut export taxes to attract more investment in the sector.
Source: Business News Headlines - Yahoo! News | 16 Feb 2017 | 1:24 am
Newspapers aim to ride 'Trump Bump' to reach readers, advertisers
By Jessica Toonkel NEW YORK (Reuters) - The Trump administration's combative view of traditional news media as the "opposition party" and "fake news" is turning out to be the best hope in 2017 for newspapers struggling to attract more digital readers and advertisers. The New York Times , the Financial Times, The Wall Street Journal and Gannett Co are building on the online readership they gained during the 2016 presidential election by marketing unbiased reporting as a sales strategy. The New York Times, which President Donald Trump has referred to as "failing" in his Twitter messages, added a record 276,000 digital news subscribers in the last quarter and sees digital ad revenue up 10 to 15 percent in the current quarter.
Source: Business News Headlines - Yahoo! News | 16 Feb 2017 | 1:21 am
Will the next iPhone charge wirelessly?
The days of plugging in an iPhone to charge won't last forever.
Source: World business news - CNNMoney.com | 13 Feb 2017 | 2:42 pm
How 'America First' could turn into to 'India First'
Nandan Nilekani, co-founder of one of India's biggest outsourcing companies, says an H-1B visa crackdown would ultimately hurt the U.S.
Source: World business news - CNNMoney.com | 13 Feb 2017 | 2:20 pm
Mexico ready to retaliate by hurting US farmers
Mexican Senator Armando Rios Piter told CNN that he plans to introduce a bill this week that would stop Mexican purchases of American corn.
Source: World business news - CNNMoney.com | 13 Feb 2017 | 12:37 pm
Stocks hit record again. Is Trump the reason?
The market is at all-time highs and many say Trump is the reason. But stocks were rallying when investors thought Hillary Clinton would win. Janet Yellen and the Fed may deserve more of the credit for the market's move.
Source: World business news - CNNMoney.com | 13 Feb 2017 | 12:35 pm
Apple stock nears record high
Apple stock is less than $1 away from its all-time high amid renewed optimism for the iPhone.
Source: World business news - CNNMoney.com | 13 Feb 2017 | 12:24 pm