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Business Edition Headlines
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Obama to Boost Federal Aid to Rural Alaska on Trips Final Day...[ + ]
President Barack Obama will wrap up his final day touring Alaska with an historic visit to a remote fishing town in the Arctic and a series of new federal incentives designed to drive down energy costs for rural residents and protect traditional industrie...
A Secretive Agency Hunts for Chinas Crooked Officials Worldwide...[ + ]
CCDI tracks down wayward party members on the run...
Dollar firmer against the euro...[ + ]
Tokyo - The dollar firmed against the euro and yen in Asia on Wednesday on building optimism over the health of the US economy. ...
Oil dragged down again...[ + ]
Tokyo - Oil prices extended losses in Asia on Wednesday as dealers digested weak US and Chinese manufacturing data, while expectations of a bearish US stockpiles report also weighed on the market. ...
Rand steadies in early trade...[ + ]
Johannesburg - South Africa's government bonds edged higher on Wednesday and the rand was on a slightly firmer footing against the dollar after a flare-up in risk aversion pushed it to a week's low in the previous session. ...
Why Google changed its logo...[ + ]
San Francisco - Google is changing its logo and identity, reflecting a digital world centred on mobile devices. ...
McDonald's banks on breakfast...[ + ]
Chicago - McDonalds plans to start selling all-day breakfast across the US on October 6, aiming to reinvigorate sluggish sales by fulfilling a longstanding customer request. ...
[ Business ]
Australian economy slows to 2-year low...[ + ]
Australia posts weaker than expected second quarter GDP figures as the country struggles with a downturn in its major mining sector and weak demand for exports. Meg Teckman reports....
We all have same goal, says Siya Kolisi...[ + ]
Siya Kolisi says the whole group will do anything to win the Rugby World Cup trophy...
Welcome to Quantitative Tightening as $12 Trillion Reserves Fall...[ + ]
The great global monetary tightening of 2015 is under way, but its not being led by the Federal Reserve....
Moody's raises red flag over China's public finances ...[ + ]
Volkswagen to Extend CEO Winterkorns Contract Until 2018...[ + ]
Volkswagen AG plans to extend the contract of Chief Executive Officer Martin Winterkorn until the end of 2018, a victory for the executive after he clashed with former Chairman Ferdinand Piech earlier this year....
Dishman Pharma soars on heavy volumes; zooms 100% in three-months...[ + ]
In past three days, the stock rallied 23% after reported a strong 59% Y-o-Y growth in consolidated profit at Rs 37.76 crore for the quarter ended June 30, 2015....
Payments banks will offer services at lower costs: Rishi Gupta...[ + ]
Fino PayTech is among the 11 companies that won approval for a payments bank. The company is already the largest banking business correspondent in the country and caters to population that does not have access to bank branches. The company is also ......
U.K. Shares Rebound After Tumble as Volatility Gauge Declines...[ + ]
Britains shares rose in a broad-based rebound that sent about 80 stocks from the FTSE 100 Index up....
Markets turn flat amid choppy trades; TCS up 3%, SBI down 2%...[ + ]
Bank shares extended losses on concerns over weak economic data...
[ Business ]
Pilots' union may call for walkouts at Lufthansa...[ + ]
German pilots union Vereinigung Cockpit (VC) said Lufthansa had rejected its offer of concessions and said it could call for strikes at any time....
Australia has slowest quarterly growth in 4 years...[ + ]
SYDNEY--Australia posted its slowest quarterly growth in four years in the second quarter, as a fading mining-investment boom and falling export revenue continued to put a brake on the economy....
Ashtead earnings rise; confident about full year...[ + ]
LONDON--Ashtead Group PLC (AHT.LN) said Wednesday it expects its full-year results to be in line with its expectations, as it posted a sharp rise in first-quarter earnings....
Vivendi raises stake in Dailymotion to 90%: report...[ + ]
French media conglomerate Vivendi SA (VIV.FR) raised its stake in video-streaming website Dailymotion to 90% through the acquisition of an additional 10% from Orange SA (ORA.FR), Les Echos newspaper reported, citing unidentified sources....
IAG takes control of Aer Lingus; offer now closed...[ + ]
LONDON--British Airways owner International Consolidated Airlines Group (IAG.LN) said Wednesday it now controls 98.05% of Irish Airline Aer Lingus Group PLC (EIL1.DB), and the offer is now closed....
Economists cut Singapore growth forecast: survey...[ + ]
SINGAPORE--External economists surveyed by the Monetary Authority of Singapore expect the economy to grow at a slower pace than previously estimated and consumer prices to contract this year....
Ryanair passenger numbers rise in August...[ + ]
LONDON--Ryanair Holdings PLC RYAAY, -1.29% ...
Chinese stocks rebound from earlier sharp selloff...[ + ]
Most Asian markets slumped Wednesday with Australias dollar falling to its lowest level in more than six years amid a deepening economic malaise in China, although stocks in China recovered from a sharp morning selloff....
Lego profit jumps 31% as sales grow across range...[ + ]
Lego A/S reported a 31% jump in first-half net profit Wednesday and said all its markets saw double-digit sales growth, adding that it expects "another satisfactory result for the full year."...
Hyundai eyes 20% growth this festive season...[ + ]
Hyundai Motor India is eyeing 20% growth in sales during the festive season this year as against the same period of the last fiscal....
Row over seal culling hits UK retailer...[ + ]
London - Marks & Spencer is at the centre of a seal-culling scandal after it was revealed that it gets salmon for its premium range from the Scottish fish farm with the worst record for killing the protected mammal. ...
'No nuclear deal signed with Moscow'...[ + ]
Cape Town - Energy Minister Tina Joemat-Pettersson told Parliament on Tuesday that although the perception was that she was married to the Russians, no nuclear procurement deal had been signed with Russia or any other country. ...
Web streaming: Amazon breaks tether...[ + ]
New York - Amazon on Tuesday added offline viewing of films or television shows to its Prime subscription video service. ...
Eurostar Cancels Two Trains After Disruptions Tuesday in Calais...[ + ]
Eurostar International Ltd. canceled two trains Wednesday between London and Paris following disruptions in Calais, France....
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