Business Archive
  • »Dow breaks through 18,000 after GDP report

    Tue 23 December / Dec 2014. 06:13 PM
    U.S. stocks advanced on Tuesday, with both the Dow and S&P 500 building on a four-day rally to set new intraday records after an unexpectedly strong report on economic growth.
  • »Wall Street edges up after three-day run; Gilead slumps

    Mon 22 December / Dec 2014. 06:12 PM
    U.S. stocks were modestly higher on Monday, after the benchmark S&P 500 notched its best weekly performance in nearly two months, as a sharp drop in Gilead Sciences reined in broader gains.
  • »Russia's ex-finance boss in crisis warning but rouble rallies

    Mon 22 December / Dec 2014. 06:11 PM
    Russia's former finance minister has warned the country is entering a "full blown economic crisis" and will enter recession next year.
  • »Saudi Arabia says won't cut oil output

    Mon 22 December / Dec 2014. 11:38 AM
    Saudi Arabia said on Sunday it would not cut output to prop up oil markets even if non-OPEC nations did so, in one of the toughest signals yet that the world's top petroleum exporter plans to ride out the market's biggest slump in years.
  • »Flying back on course: the inside story of the new Airbus A350 jet

    Mon 22 December / Dec 2014. 11:38 AM
    Ten years ago, the boss of Qatar Airways, who takes his first new A350 jet this week, warned Airbus it was flying off course.
  • »Microsoft CEO Nadella to visit China amid antitrust probe - source

    Thu 28 August / Aug 2014. 09:34 AM
    Microsoft Corp Chief Executive Officer Satya Nadella is set to visit China in late September, a source familiar with the matter said on Thursday, as the Chinese government conducts an antitrust investigation into the world's largest software company.
  • »Wells Fargo loosens standards for jumbo mortgages

    Wed 6 August / Aug 2014. 02:05 PM
    Wells Fargo & Co has relaxed its standards for loans for some high-priced homes as the largest U.S. mortgage lender tries to combat an industry-wide drop in mortgage volumes.
  • »AOL revenue up 12 percent as ad sales jump

    Wed 6 August / Aug 2014. 02:04 PM
    Digital media and entertainment company AOL Inc reported a 12 percent increase in quarterly revenue, helped by a jump in advertising sales.
  • »Microsoft to cut 18,000 jobs this year as it trims Nokia

    Thu 17 July / Jul 2014. 03:14 PM
    Microsoft Corp said on Thursday it will slash up to 18,000 jobs, or 14 percent of its workforce, this year as it trims its newly acquired Nokia phone business and reshapes itself into a cloud-computing and mobile-friendly software company.
  • »New U.S. sanctions hit top Russian firms; Kiev says Russia shoots down its jet

    Thu 17 July / Jul 2014. 02:50 PM
    President Barack Obama imposed sanctions on some of Russia's biggest firms for the first time, striking at the heart of Vladimir Putin's powerbase by targeting companies closest to him over Moscow's failure to curb violence in Ukraine.
  • »Murdoch's Fox hunting Time Warner

    Wed 16 July / Jul 2014. 03:37 PM
    (Reuters) - Rupert Murdoch's 21st Century Fox said it made a bid to buy media conglomerate Time Warner Inc but was rebuffed.
    The bid was worth roughly $80 billion, or $85 per share in cash and stock, a source familiar with the situation told...
  • »US Fed's Yellen says recovery incomplete, defends loose policy

    Tue 15 July / Jul 2014. 07:18 PM
    WASHINGTON (Reuters) - The U.S. economic recovery remains incomplete, with a still-ailing job market and stagnant wages justifying loose monetary policy for the foreseeable future, Federal Reserve Chair Janet Yellen told a Senate committee on...
« 121 122 123 124 125 126 127 128 129 130 »