Business

Planemakers rein in new jets to chase regional growth

Planemakers rein in new jets to chase regional growth

By using Tim Hepher PARIS (Reuters) – After focusing for years on jetliners that would fly ever additional, the sector's leading planemakers are turning to shorter range plane that enchantment to airlines reluctant to pay for efficiency they don't want. Boeing and Airbus have spent billions of bucks building developed […]

 
 

China HSBC services PMI shows some resilience

China HSBC services PMI shows some resilience

BEIJING (Reuters) – Task in China's services and products sector defied the usa's financial cool down to extend modestly in July, an individual survey confirmed on Monday, as new trade orders recovered from a multi-year low in a uncommon signal of resilience. However that was tempered through a fall in […]

 
 

Asian shares, dollar soft after tepid U.S. jobs data

Asian shares, dollar soft after tepid U.S. jobs data

By way of Hideyuki Sano TOKYO (Reuters) – Asian shares had been delicate and the U.S. greenback was on the shielding on Monday after knowledge confirmed U.S. employers slowed their % of hiring in July, while the New Zealand dollar tumbled after a food-security scare affected dairy exports of the […]

 
 

Sprint, SoftBank agree to U.S. national security deal

Sprint, SoftBank agree to U.S. national security deal

By Alina Selyukh (Reuters) – Dash Nextel Corp and Japan's SoftBank Corp stated on Wednesday they had reached a nationwide security agreement with U.S. authorities, overcoming an immense hurdle for the Eastern firm's $20.1 billion bid to keep watch over the wi-fi carrier. Even with that approval, there are nonetheless […]

 
 

Wall Street falls as bond yields hit high dividend stocks

Wall Street falls as bond yields hit high dividend stocks

Via Caroline Valetkevitch NEW YORK (Reuters) – Stocks fell on Wednesday as excessive-yielding dividend stocks lost a few of their luster after recent beneficial properties in U.S. Treasury bond yields. Benchmark Treasury yields in a single day hit 2.235 p.c – the very best in additional than a year – […]

 
 

Nasdaq to pay $10 million to settle SEC charges from Facebook snafu

Nasdaq to pay $10 million to settle SEC charges from Facebook snafu

By means of Sarah N. Lynch WASHINGTON (Reuters) – Nasdaq OMX on Wednesday agreed to pay $10 million, the largest penalty ever levied against a inventory alternate, to settle civil expenses stemming from errors made all the way through Facebook's initial public offering ultimate year, U.S. securities regulators mentioned on […]

 
 

Chesapeake Energy hires Anadarko executive as CEO: WSJ

Chesapeake Energy hires Anadarko executive as CEO: WSJ

(Reuters) – Chesapeake Power Corp has hired Robert Douglas Lawler of rival Anadarko Petroleum Corp as chief government, filling the submit vacated by means of co-founder Aubrey McClendon, the Wall Street Journal mentioned, citing folks acquainted with the topic. Chesapeake and Anadarko might not instantly be reached for comment by […]

 
 

Yahoo’s board approves $1.1 billion Tumblr acquisition: WSJ

Yahoo’s board approves $1.1 billion Tumblr acquisition: WSJ

SAN FRANCISCO (Reuters) – Yahoo Inc's board has licensed a deal to buy blogging and social networking web page Tumblr for $1.1 billion in cash, the Wall Street Journal cited folks aware of the matter as pronouncing on Sunday. Such an acquisition could be Marissa Mayer's biggest deal on account […]

 
 

S&P 500 ends down, breaks string of record closes

S&P 500 ends down, breaks string of record closes

By means of Caroline Valetkevitch NEW YORK (Reuters) – The S&P 500 broke a five-day string of document closing highs on Thursday, ending a reasonably unstable session lower as contemporary momentum misplaced steam and Apple shares declined. The Dow also broke its two-day string of all-time closing highs, however still […]

 
 

Keep on, or enough already? Fed officials spar over QE3

Keep on, or enough already? Fed officials spar over QE3

Via Ann Saphir, Luciana Lopez and Jonathan Spicer SAN FRANCISCO/NEW YORK (Reuters) – Little over a week after U.S. Federal Reserve policymakers overwhelmingly endorsed a plan to keep buying bonds to spur financial increase and hiring, they’re airing their variations over their tremendous-easy coverage. "I believe we should are attempting […]

 
 

Facebook in talks to buy Israel’s Waze for up to $1 billion: report

Facebook in talks to buy Israel’s Waze for up to $1 billion: report

TEL AVIV (Reuters) – Facebook Inc is in advanced talks to obtain Israeli cell satellite tv for pc navigation start-up Waze for $800 million to $1 billion, business day-to-day Calcalist stated on Thursday. The deal, which might be Fb's biggest acquisition, would provide the social networking company a mapping service […]

 
 

Rebound in job growth eyed, but momentum still slow

Rebound in job growth eyed, but momentum still slow

With the aid of Lucia Mutikani WASHINGTON (Reuters) – Job boom doubtless accelerated in April, but more than likely still lacked enough muscle to lend a hand the economy head off the blow from deep government finances cuts and better taxes. Nonfarm payrolls are anticipated to have increased through 145,000, […]

 
 

S&P 500 ends at record high on Apple, economic data

S&P 500 ends at record high on Apple, economic data

With the aid of Ryan Vlastelica NEW YORK (Reuters) – Stocks rose quite on Tuesday, with the S&P 500 ending at another all-time closing high on a soar in Apple and inspiring financial knowledge. The benchmark index hit a brand new intraday high within the closing minutes of buying and […]

 
 

Berkshire size, Buffett age cloud annual gathering

Berkshire size, Buffett age cloud annual gathering

By using Jonathan Stempel and Jennifer Ablan (Reuters) – Warren Buffett may be on safari for main acquisitions, which he likes to name elephants, but shareholders may just wonder if his Berkshire Hathaway Inc has change into the largest elephant within the room. Berkshire has grown to seem more and […]

 
 

Apple’s cash plan takes heat off Cook, buys him time

Apple’s cash plan takes heat off Cook, buys him time

Through Poornima Gupta and Ben Berkowitz (Reuters) – Tim Prepare dinner needs buyers to "suppose totally different" about Apple: less as a hyper-growth startup-like company and extra as a mature however powerful expertise company with the arena's most lucrative dividend. If Wall Side road follows Apple's famous promotion slogan of […]