Carphone Warehouse Shares Jump on Best Buy Exit
Best Buy is planning to focus on US market by scaling back from its European operations.
Apr 30, 2013
BP Profits Decline but Beat Estimates on Russia Deal
BP attributes the better-than-expected results to new production coming on stream in high-margin areas.
Apr 30, 2013
IMF Warns of Asset Bubbles and Middle Income Trap in Asian Economies
Regional authorities need to respond early and decisively to potential overheating in the Asian economies.
Apr 29, 2013
London Property Prices Hit Pre-Crisis Peak
Hometrack data shows London property demand up to pre-2007 financial crisis levels.
Apr 29, 2013
Samsung Profit Surges 41% on Huge Smartphone Sales
Samsung posts record profits days after rival Apple recorded its first profit decline in more than a decade.
Apr 26, 2013
Volvo Profit Plunges 92% in First Quarter on Worst Volume Sales
Volvo sales suffer from economic slowdown in the Europe as well as growing competition in the sector.
Apr 25, 2013
Credit Suisse First Quarter Earnings Beat Forecasts with $1.4B Profit
Cost-cutting measures and restructuring in investment banking division help boost profits.
Apr 24, 2013
Imtech to Cut 1,300 Jobs After Difficult First- Quarter
Most of the redundancies will be in Netherlands and Germany.
Apr 23, 2013
Firms Remain Averse to Acquisitions Despite Confidence in Global Economy- Survey
China tops the list of investment destinations among the emerging economies followed by India and Brazil.
Apr 22, 2013
Boeing 787 Dreamliner Will Fly Again After FAA Approves Battery Design Changes
FAA approves modified battery system for Boeing 787 Dreamliners.
Apr 20, 2013
GlaxoSmithKline Accused of Market 'Abuse' over Antidepressant Drug
The OFT investigates whether or not any competition law has been infringed by the actions of GSK.
Apr 19, 2013
Cyprus Finance Minister Hints at Gold Sale Within Months
Cypriot central bank has earlier denied reports of gold sale.
Apr 17, 2013
India Hopes to Rein in Current Account Deficit as Gold Hits Two Year Low
Huge gold and crude oil imports are the major factors for India's widening current account deficit.
Apr 16, 2013
World Bank Cuts East Asia Growth Forecast and Warns of Overheating Risk
Japan's stimulus measures is beneficial for the region in the short term, feels the World Bank.
Apr 15, 2013
Gold Loses Sheen as Prices Drop Over 20% from Record Highs
Cyprus bailout concerns contribute to the continued weakness of gold as precious metal dips below $1,400 for the first time since March 2011.
Apr 13, 2013
India Industrial Production Growth Slows to 0.6% in February
India's economic growth is yet to pick up despite the recent policy reforms initiated by the government.
Apr 12, 2013
Developing Asia to Rebound Despite Europe and US Weakness [VIDEO]
ADB sees political disputes and policy issues as dampeners for growth in developing Asian economies.
Apr 09, 2013
Novartis: India's Top Court Dismisses Plea for Cancer Drug Patent
Novartis' Glivec contains known substance and lacks genuine inventions, rules court.
Apr 01, 2013
Cypriot Banks Set to Resume Full Day Operations with Capital Curbs
Capital controls to continue for longer belying earlier expectations.
Mar 29, 2013
European Markets Open Higher Ahead of Euro Area GDP Data [VIDEO]
European markets open higher ahead of eurozone fourth-quarter GDP data and ECB meeting.
Mar 06, 2013
Asian Markets Trade Higher After Dow Hits Record High
Asian markets cheer US data as Japan and Australia indices reach fresh multi-year highs.
Mar 06, 2013
G20 Go Easy on Japan as Leaders Rule Out 'Currency War'
The G20 summit stops short of criticising Japanese monetary policy, reveals a leaked draft communique.
Feb 16, 2013
Japanese Tsunami Victims of Ishinomaki Receive $250,000 Mystery Gift of Gold [VIDEO]
Japan's tsunami-devastated port city receives gold gifts which the media are calling a 'goodwill gold rush'.
Feb 16, 2013
European Markets Subdued Ahead of G20 Meeting in Moscow
European markets remain cautious as issue of currency manipulation is expected to dominate G20 meeting in Moscow.
Feb 15, 2013
Asian Stocks Retreat on Earnings and Yen Concerns
Asian markets shrug off the week's gains on disappointing corporate earnings and eurozone data.
Feb 15, 2013
European Markets Decline on Disappointing Eurozone GDP Data
German and French economies contract 0.6% and 0.3% respectively in the fourth quarter of 2012.
Feb 14, 2013
Asian Markets Rise as Bank of Japan Keeps Interest Rate Unchanged
Nikkei extends gains as Bank of Japan keeps asset purchasing and interest rates unchanged.
Feb 14, 2013
European Markets Edge Up Despite Mixed Corporate Earnings
European markets remain cautious as investors look for eurozone industrial output and US retail figures.
Feb 13, 2013
UK Economy to Avoid Triple-Dip Recession but Faces Slow Growth- CBI
CBI expects weak economic conditions abroad to restrict the UK's business investments and exports.
Feb 13, 2013
Asian Markets Outside Japan Trade Higher, Nikkei Falls on Profit-Taking
Japanese investors turn to profit-taking as yen strengthens against its major peers.
Feb 13, 2013
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