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Business News Stories

Spring general election hurts Countrywide’s earnings

(Reuters) – Countrywide Plc , Britain’s largest estate agency by revenue, posted a 9 percent fall in first-half core earnings, as the political uncertainty in the run-up to the spring election deterred customers from finalising transactions. Adjusted earnings before interest, … Continue reading

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Dollar up on Fed rate talk, Asia markets mostly rise

Hong Kong (AFP) – The dollar pushed higher on Thursday after the Federal Reserve upgraded its outlook on the US economy, fuelling talk of a September interest rate hike, while Asian shares were mostly up after a Wall Street rally. … Continue reading

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Drug firm AstraZeneca reports slide in earnings

LONDON (AP) — Anglo-Swedish drug firm AstraZeneca says second-quarter net income fell 12 percent to $697 million as competition from generic drug companies reduced sales. Revenue declined 6.7 percent to $6.31 billion as stomach-acid treatment Nexium lost patent exclusivity in … Continue reading

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BUZZ-Saudi Telecom tumbles after Q2 earnings miss

** Shares in Saudi Telecom Co., the Gulf’s biggest telecommunications firm by market value, tumble 4.2 percent to a two-week low of 69.00 riyals ** Company posted 8.7 percent fall in second-quarter profit to 2.56 billion riyals ($683 million) ** … Continue reading

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Exclusive: FCA’s Chrysler group faces U.S. product drought through 2016

By Paul Lienert DETROIT (Reuters) – Fiat Chrysler Automobiles NV will face a shortage of new products in North America over the next 18 months, especially hot-selling trucks and crossover vehicles, according to three sources familiar with the company’s plans. … Continue reading

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Toshiba scandal puts focus on Japan’s cut-price company audits

By Michelle Price HONG KONG (Reuters) – Toshiba Corp’s years-long practice of inflating its profits has raised questions among accounting experts about whether low fees paid by Japan-listed companies to their auditors mean they do not spend enough time scrutinizing … Continue reading

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Facebook profit falls 9 percent as costs soar

By Devika Krishna Kumar and Yasmeen Abutaleb (Reuters) – Facebook Inc reported quarterly revenue that beat forecasts but its profit fell 9 percent as the social media company sharply increased spending to boost mobile revenue and future growth. Expenses will … Continue reading

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Fed says economy improving; September rate hike in view

By Howard Schneider and Michael Flaherty WASHINGTON (Reuters) – The U.S. economy and job market continue to strengthen, the Federal Reserve said on Wednesday, leaving the door open for a possible interest rate hike when central bank policymakers next meet … Continue reading

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Bombardier says not in talks with Siemens on rail deal

By Allison Lampert and Maria Sheahan MONTREAL/FRANKFURT (Reuters) – Canadian plane and train maker Bombardier Inc denied a report on Wednesday that it is in talks with German engineering group Siemens AG on merging their rail units. The denial by … Continue reading

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Bombardier says not in talks with Siemens on rail deal

By Allison Lampert and Maria Sheahan MONTREAL/FRANKFURT (Reuters) – Canadian plane and train maker Bombardier Inc denied a report on Wednesday that it is in talks with German engineering group Siemens AG on merging their rail units. The denial by … Continue reading

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Business News

Whether breaking news in the world of business unfolds around the corner or on another continent, it can have a dramatic impact on our daily lives. News magazines are useful tools for reviewing events of the past week, month or year and can help us analyze the development of emerging markets. What they can’t do is bring you the latest business news as it happens.

Company merges, stock market quotes and bail-outs can affect how you do business today and making the best decision for your company or personal investments can hinge on having the most up-to-date information as it is released. With Rocket News you can access local and international business news where ever you are anytime of the day or night. Stay informed about the issues that are relevant to you by simply browsing all the business news headlines. Use this time saving technique to select only the stories that you need more in depth information about.

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If you need to know what today’s leading CEO’s and CFO’s are talking about or how your latest stocks are doing just click to the business news stories that will give you the latest information about the topics that matter to you. As trade continues to grow on the international stage it is crucial to keep abreast of foreign climates and laws that will affect a company’s imports or exports. What new regulations have been put in place for importing such things cosmetics, food products, children’s toys, etc.? Working in a several different time zones can also present its own challenges and makes it even more relevant to have the business news you need at your fingertips.

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Whether your livelihood depends on breaking news on an international scale or you are just genuinely interested in all the latest business news, Rocket News will keep you informed on all breaking news stories as they unfold.