Business and Finance News
Samsung says 2Q net profit surges 83 percent
Seattle Post-Intelligencer
FILE - In this May 17, 2010 file photo, an employee of Samsung Electronics adjusts LED TV screens at its branch in Seoul, South Korea. Samsung Electronics Co.'s net profit surged 83 percent in the sec...
Citrix sees sales, earnings rise
Miami Herald
Citrix Systems reported a 12 percent jump in second-quarter earnings Wednesday, helped by a 17 percent rise in sales. The company's profit missed Wall Street expectations, but a stronger-than-expected...
Citigroup to pay $75M to settle charges
Miami Herald
Citigroup Inc. will pay $75 million to settle civil charges brought by the SEC that it misled investors over the extent of its exposure to subprime mortgages.
America: A country you cannot tell a lie about
Finfacts Business News
Mac Liammóir (1899-1978; born Alfred Willmore) who with his life partner, Hilton Edwards, founded Dublin's Gate Theatre in 1928, is reputed to have said that America was a country you cannot tell ...
Microsoft aims to be BFF with consumers
The Seattle Times
Pitching to 200 financial analysts Thursday, Microsoft grabbed the mike and said the company gets consumers and is ready to compete mightily against Apple's red-hot iPad.
India invites UK to invest in infra
Times Of India
NEW DELHI: India on Thursday invited British investments into infrastructure, clean technology and food processing. There is a huge demand for infrastructure in the country and the sector is expect...
Food inflation in single digits
Times Of India
NEW DELHI: For the first time this year, food inflation shrunk to single digit at less than 10% in the week ended July 17, providing the government a much-needed shield to ward off concentrated Opp...
ET Tax-Wizard makes life easy
Times Of India
NEW DELHI: If you dread the queues and haven't filled your tax returns, about time you do it now. Don't worry, the ET Tax Wizard, allows you to file your returns at the click of a mouse. It's easy ...
Sun wins patent case against Eli Lilly
Times Of India
NEW DELHI: Sun Pharma on Thursday claimed victory over Eli Lilly and Co in a patent litigation over Gemzar, used in cancer treatment, with a US federal court ruling in its favour. Eli Lily had cont...
Toyota working on new car for emerging markets-paper
Fox Business
July 30, 2010 TOKYO, July 30 (Reuters) - Toyota Motor Corp is developing a new low-cost car to attack fast-growing markets such as China and Southeast Asia, targeting a 2012 launch and a price und...
PBOC's Hu plays down yuan impact on China exporters
Fox Business
July 30, 2010 BEIJING, July 30 (Reuters) - China's reform of its exchange rate regime is not having a major impact on the country's exporters, deputy central bank governor Hu Xiaolian said on Fri...
Dollar extends slide vs yen, hits 8-month low
Fox Business
July 30, 2010 TOKYO, July 30 (Reuters) - The dollar hit an eight-month low against the yen on Friday, extending losses made earlier on the back of suspected month-end yen buying by Japanese export...
GLOBAL MARKETS-Asia stocks slip on corporate outlook
Fox Business
July 30, 2010 * Asian stocks slip on Fed official's deflation warning * Dollar on defensive, eyes on U.S. GDP * MSCI Asia ex-Japan index up 7 percent in July * Sony shares surge as co returns ...
Asia stocks slip on U.S. worries
Reuters
HONG KONG (Reuters) - Asian stocks sagged on Friday as worries U.S. growth data may surprise on the downside and downbeat comments from a Federal Reserve official gave investors reason book profits fr...
Samsung Elec sees weak profit after record Q2
Reuters
005930.KS ), the world's No.1 memory chipmaker, warned of weaker margins and profit growth after posting record quarterly earnings, as prices of chips and flat screens drop and smartphone competition ...
Economic growth seen slower in Q2 on imports
Reuters
WASHINGTON (Reuters) - Economic growth likely slowed in the second quarter as a capital investment drive by businesses was sated by imports and consumer spending tapered off, a government report is ex...
Video: Life Insurance's Dirty Secret
CBS News
Katie Couric exposes the "dirty little secret" of life insurance providers Prudential and MetLife who profited from the death benefits of fallen soldiers.
Mortgage Rates Hit Low of 4.54%
CBS News
(AP) Mortgage rates are the most affordable in decades for those who can qualify for a loan. For many, the opportunity to buy a home or refinance at this time is lost because of the tough economy a...
Allen: "Static Kill" on Oil Well Moved Up
CBS News
Gulf Visibly Cleaner, Oil Rare On day 100 of the devastating oil spill, Mark Strassmann reports from Gulfport, Miss. that with the well capped and the spill breaking up it's tough to find any oil on t...
More Japan Workers Lose Jobs, Factory Output Falls
ABCNews
Japan received a sobering reminder Friday of its fragile recovery: The jobless rate rose, deflation deepened, and factories made fewer cars and mobile phones. The figures underscore ongoing weaknes...
Asia stocks fall earnings data
Times of India
TOKYO: Asian markets fell Friday, overlooking strong earnings from some of the region's biggest companies as Japanese shares tumbled on dour economic figures and a strong yen. Global electroni...
Economic Growth Likely Slowed in Second Quarter
ABCNews
The already fragile economic recovery may be getting weaker. Economists expect the government to report Friday that economic growth slowed in the April-to-June quarter as consumers bought less, bui...
Samsung Says 2Q Net Profit Surges 83 Percent
ABCNews
FILE - In this May 17, 2010 file photo, an employee of Samsung Electronics adjusts LED TV screens at its branch in Seoul, South Korea. Samsung Electronics Co.'s net profit surged 83 percent in the sec...
|