Business News Stories
Tokyo (AFP) – Shares in Japanese auto parts maker Takata sank 5.57 percent Thursday morning following on a report that US justice officials are investigating the firm over an air bag defect that may have killed several drivers. The firm … Continue reading
DUBAI, Oct 23 (Reuters) – A fresh decline in U.S. and Asian equities and global oil prices may take the steam out of Middle Eastern stock markets’ rally on Thursday, offsetting the positive effect of generally strong earnings reported this … Continue reading
By A. Ananthalakshmi SINGAPORE (Reuters) – Gold steadied above $1,240 an ounce on Thursday as Asian stock markets weakened, but caution prevailed as the dollar hovered near one-week highs and outflows from bullion funds continued. Asian shares sagged after a … Continue reading
** Some big moves in early European trading followingcorporate result announcements despite flat to lower moves onthe benchmarks. ** Unilever (NYSE: UL – news) seen down 3 pct following weak Q3 salesas EM continues to slow. ** Nokia bounces 5.2 … Continue reading
By Marina Lopes WASHINGTON (Reuters) – ATT Inc on Wednesday reported a rise in quarterly revenue, but the increase was less than Wall Street expected as a wave of subscribers plugged into the network using pre-purchased devices. The company cut … Continue reading
By Luciana Lopez NEW YORK (Reuters) – It’s not been a good time for Warren Buffett wannabes. Sharp drops in many of the stocks owned by Buffett’s Berkshire Hathaway in recent weeks hit the sprawling conglomerate’s equity portfolio hard. The … Continue reading
By John McCrank NEW YORK (Reuters) – U.S. options market operators have agreed in recent months on the need for new automatic trading halts when stock options prices suddenly surge or plunge, in a bid to reduce excess volatility and … Continue reading
By Tim McLaughlin BOSTON (Reuters) – U.S. corporate bond funds this year are adding Treasuries to their holdings at more than twice the rate of corporate debt amid concern that the struggling European economy and potential changes in Federal Reserve … Continue reading
Before you crack that next can of soda, you might want to think again. The results are in on a study that followed 5,309 adults for 14 years to see what, if any effect drinking sugary soda had on aging. … Continue reading
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