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This bond could shelter 200 homeless people
Forget stocks. These investors are putting £1.8 million ($2.4 million) toward shelter for the homeless.

Source: Latest financial news - CNNMoney.com | 23 Nov 2017 | 11:24 am

Bank of England reveals gender pay gap
Male staff at the UK's central bank are paid almost a quarter more than their female counterparts.

Source: BBC News - Business | 23 Nov 2017 | 11:18 am

Cardiff-based Ticketline (UK) placed into liquidation
Customers urged to contact their credit card company to see if they are eligible for a refund.

Source: BBC News - Business | 23 Nov 2017 | 10:56 am

China stocks suffer mauling, Fed leaves dollar in a daze
LONDON (Reuters) - The dollar was on the defensive Thursday, a day after its worst drubbing in five months, as the biggest slump in Chinese stocks in almost two years took the shine off another record high in a global equities bull run.

Source: Reuters: Business News | 23 Nov 2017 | 10:56 am

Workers at Amazon's main Italian hub, German warehouses strike on Black Friday
MILAN (Reuters) - Workers at Amazon's main distribution hub in Italy are planning their first ever strike for Friday, trade unions said, while they are also striking at six warehouses in Germany, threatening to disrupt one of the year's busiest shopping days.

Source: Reuters: Business News | 23 Nov 2017 | 10:46 am

Apprenticeship numbers fall by 59% after levy imposed
The number of new apprenticeships falls by 59% after the introduction of levy on big firms.

Source: BBC News - Business | 23 Nov 2017 | 10:17 am

'Bloody' video game will get socialist makeover for China
One of the world's hottest video games will get a socialist makeover before going on sale in China.

Source: Latest financial news - CNNMoney.com | 23 Nov 2017 | 10:16 am

Japan's latest scandal: Mitsubishi admits faking data
Mitsubishi Materials said two of its subsidiaries had falsified data on products used in cars and airplanes.

Source: Latest stock market news from Wall Street - CNNMoney.com | 23 Nov 2017 | 10:11 am

Japan's latest scandal: Mitsubishi admits faking data
Another day, another admission of wrongdoing by a Japanese corporate giant.

Source: Latest financial news - CNNMoney.com | 23 Nov 2017 | 10:11 am

Mitsubishi division falsified some product data
The Japanese conglomerate's materials subsidiary admits falsifying data about some rubber products.

Source: BBC News - Business | 23 Nov 2017 | 9:43 am

Budget 2017: Philip Hammond hopes to prove grim forecasts wrong
The chancellor defends his record as a long squeeze on people's living standards is predicted.

Source: BBC News - Business | 23 Nov 2017 | 9:34 am

Teva Pharmaceutical set for major layoffs in Israel, U.S.: report
TEL AVIV (Reuters) - Teva Pharmaceutical Industries is expected to cut 20-25 percent of its workforce in Israel, where it employs 6,860 people, and a few thousand more jobs are to go in the United States, financial news website Calcalist said on Thursday.

Source: Reuters: Business News | 23 Nov 2017 | 9:02 am

Angry Birds, angry investors: Rovio shares fall 20%
The maker of Angry Birds has disappointed investors with its first earnings report as a public company.

Source: Latest stock market news from Wall Street - CNNMoney.com | 23 Nov 2017 | 8:20 am

Angry Birds, angry investors: Rovio shares fall 20%
The maker of Angry Birds has disappointed investors with its first earnings report as a public company.

Source: Latest financial news - CNNMoney.com | 23 Nov 2017 | 8:19 am

How 'princess' of Angola lost her oil crown
LUANDA/LONDON (Reuters) - On Oct. 6, with the dust still settling on Angola's first change of power in 38 years, new President João Lourenço sat down with international oil majors at the presidential palace in Luanda.

Source: Reuters: Business News | 23 Nov 2017 | 7:26 am

Displaced Puerto Ricans face obstacles getting health care
The federal government has granted people affected by the devastating hurricanes that wracked coastal states and Puerto Rico 15 extra days to sign up for health coverage under the Affordable Care Act.

Source: Latest financial news - CNNMoney.com | 23 Nov 2017 | 6:12 am

Lyft raises another $500 million in additional round of funding
The additional funding round, led by Alphabet Inc's CapitalG, is an extension of the $1 billion round announced in October.

Source: Reuters: Business News | 23 Nov 2017 | 6:04 am

China Busts a $3 Billion Underground Bank as It Tightens Its Grip on Money
The police detained seven people thought to have helped thousands of Chinese circumvent government limits on how much money they can move from the country.

Source: NYT > Business Day | 23 Nov 2017 | 5:01 am

‘Junk’ Mines the Milken Era for Truths That Resonate Now
Ayad Akhtar’s play portrays the financial excesses of the 1980s — part of what he calls “a collapse of a collective vision” of America — in ways that evoke unsettling new thoughts.

Source: NYT > Business Day | 23 Nov 2017 | 5:00 am

Grand Buildings Help Keep Macy’s Afloat
The company’s real estate is now worth more than its market value.

Source: NYT > Business Day | 23 Nov 2017 | 12:18 am

DealBook Briefing: Nelson Peltz’s Trian Pushes Back as P.&G. Reviews Vote
Trian Fund Management accused Procter & Gamble of wasting shareholder money contesting a tally that showed Mr. Peltz narrowly winning a board seat.

Source: NYT > Business Day | 23 Nov 2017 | 12:00 am

Entrepreneurship: As ‘Ban the Box’ Spreads, Private Employers Still Have Questions
Businesses eager to give former criminals a chance wonder if new job-application laws go far enough. Others worry about liability, hiring delays and more room for racial bias.

Source: NYT > Business Day | 22 Nov 2017 | 10:36 pm

'Death spiral': 4,000% inflation in Venezuela
Read full story for latest details.

Source: Latest stock market news from Wall Street - CNNMoney.com | 22 Nov 2017 | 2:42 pm

Oil prices hit 2½-year high on Keystone pipeline shutdown
An oil spill on the Keystone Pipeline has sent crude oil prices climbing to levels unseen since July 2015.

Source: Latest stock market news from Wall Street - CNNMoney.com | 22 Nov 2017 | 1:50 pm

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

General Motors CEO Mary Barra presents the new Opel Astra during the media day at the Frankfurt Motor Show (IAA) in FrankfurtBERLIN (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

A Snapchat sign hangs on the facade of the NYSE in New York City(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

Ericsson launches 5G platform with federated network slicingFollowing 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

Grain is loaded onto ships for export at a port on the Parana river near Rosario, ArgentinaBy 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

The motorcade of U.S. President-elect Donald Trump makes its way past the New York Times building after a meeting in New YorkBy 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

Family behind BMW tops Germany's rich list
October 07, 2014 10:41 PM

[FRANKFURT] The Quandt family, shareholders of carmaker BMW, have overtaken the founders of discount supermarket chains Aldi and Lidl as Germany's wealthiest family, weekly Manager Magazin said on Tuesday.


Source: RSS Breaking News - World | 7 Oct 2014 | 6:41 pm

IMF trims global growth outlook, warns of eurozone stagnation
October 07, 2014 10:00 PM

[WASHINGTON] The International Monetary Fund warned of stagnation in advanced economies Tuesday as it trimmed its growth forecast for the whole world.


Source: RSS Breaking News - World | 7 Oct 2014 | 6:00 pm

IMF slashes eurozone growth forecasts
October 07, 2014 9:42 PM

[BRUSSELS] The IMF slashed its eurozone growth forecast on Tuesday and warned that the single currency bloc faces a long period of sluggish activity and dangerously low inflation which the European Central Bank must tackle.


Source: RSS Breaking News - World | 7 Oct 2014 | 5:42 pm

Swedish central banker Ekholm to join govt
October 07, 2014 9:05 PM

[STOCKHOLM] Dovish Swedish central banker Karolina Ekholm will leave the Riksbank to join the government as a state secretary, the central bank said on Tuesday, confirming a report which helped to send the crown to a 3-1/2 month high against the euro.


Source: RSS Breaking News - World | 7 Oct 2014 | 5:05 pm

Amazon's Luxembourg tax deals under EU probe
October 07, 2014 8:08 PM

[BRUSSELS] Online retailer Amazon's tax arrangements with Luxembourg are being investigated by European regulators, becoming the latest global company accused of cutting deals with member states to gain an effective subsidy.


Source: RSS Breaking News - World | 7 Oct 2014 | 4:08 pm