Business Edition Headlines

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 2016-07-29 06:23 

Bloomberg

JFE Holdings Joins Nippon Steel in First-Half Loss as Yen Bites... +

JFE Holdings Inc., Japans second-biggest steelmaker, swung to a first-quarter loss and warned of a net loss in the first half, joining its bigger domestic rival Nippon Steel & Sumitomo Metal Corp. in reporting that earnings are suffering from a stronger y...

 2016-07-29 06:22 

Business Standard

Kejriwal gets bail in defamation case in Punjab... +

The case was filed by Punjab Revenue Minister Bikram Singh Majithia...

 2016-07-29 06:19 

Financial Times

UBS sees tough market conditions persisting... +

Swiss bank comfortably beats earnings expectations for second quarter...

 2016-07-29 06:19 

Bloomberg

Brexit Bulletin: Tough Times But Businesses Find a Silver Lining... +

More economic bad news, but London's mayor is backing banks....

 2016-07-29 06:18 

Business Standard

It is Centre's duty to help Puducherry: V Narayanasamy... +

He hit out at the previous All India N Rangasamy Congress government led by N Rangasamy...

 2016-07-29 06:09 

The Economist

Why Britain is unenthusiastic about Michel Barnier’s Brexit job... +

A man who has previously fought with Britain has been appointed to run a Brexit task force inside the European Commission...

 2016-07-29 06:08 

Bloomberg

Sony Posts Surprise Profit as Games Outweigh Sagging Sensors... +

Sony Corp. posted a surprise quarterly profit as strength in its PlayStation division outweighed a slowdown in sales of image sensors....

 2016-07-29 06:06 

Bloomberg

Swiber Lenders Said in Talks With Firm to Drop Liquidation Bid... +

Some of Swiber Holdings Ltd.s lenders are pushing for the offshore oil and gas services group to continue its business rather than pursue its plans for liquidation to meet creditor demands, according to people familiar with the talks....

 2016-07-29 06:06 

The Economist

The struggle continues... +

Women lead in Westminster, Holyrood and Stormont, but equality is still far off...

 2016-07-29 06:05 

Wall Street Journal

French Economic Growth Stalls... +

French economic growth halted unexpectedly in the second quarter as consumer spending slowed abruptly and investment dropped, statistics showed....

 2016-07-29 06:03 

Business Standard

Nifty holds 8,650 amid choppy trades; Eicher Motors up 4%... +

Eicher Motors was up nearly 4% on the back of robust first quarter earnings...

 2016-07-29 06:00 

Nikkei Asian Review

Muji's next bet is Southeast Asia, India with stores offering more than shopping... +

SINGAPORE -- Japan's Ryohin Keikaku, operator of lifestyle retail store Muji, plans to introduce more in-store services and new concept stores in Sout...

 2016-07-29 05:57 

Bloomberg

Generali Second-Quarter Profit Falls as Investment Income Drops... +

Assicurazioni Generali SpA, Italys biggest insurer, said second-quarter profit fell 6 percent as low interest rates and volatile equity markets hurt investment gains....

 2016-07-29 05:57 

Bloomberg

Eni Misses Estimates to Post Second-Quarter Loss Amid Oil Slump... +

Eni SpA posted a second-quarter loss, missing analysts estimates as the Italian oil major suffered the effects of the collapse in crude prices....

 2016-07-29 05:55 

Bloomberg

Sika Profit Reaches Record as Mortars Maker Battles Saint-Gobain... +

Sika AG, the Swiss building-materials maker fighting a takeover by Cie. de Saint-Gobain SA of France, posted a record first-half profit on lower commodity prices and more stable exchange rates....

 2016-07-29 05:55 

Business Standard

UltraTech Cement hits new high on winning two coal linkages... +

The stock moved higher to its new high at Rs 3,739, up 1.4% on the National Stock Exchange....

 2016-07-29 05:55 

Business Standard

Amazon says India business to enter a new chapter with Prime... +

In the US, Prime subscriptions make up a big chunk of Amazon's earnings, though the company does not list it as a separate entity in its financials...

 2016-07-29 05:54 

Bloomberg

Romanian Central Banker Olteanu Detained by Prosecutors... +

Romanian Deputy Central Bank Governor Bogdan Olteanu was detained by anti-corruption prosecutors for alleged influence peddling during his time as parliament speaker in 2008,the prosecutors office press official said by phone on Friday....

 2016-07-29 05:54 

Bloomberg

U.K. Casts Doubt on $24 Billion Nuclear Plan After EDF Approval... +

The British government cast doubt on the future of a controversial 18-billion pound ($24 billion) project to build Britains first nuclear power plant in more than 20 years, pledging to review the deal just hours after the board of Frances state-run utilit...

 2016-07-29 05:52 

Bloomberg

Vinci First-Half Earnings Meets Estimates on Highways, Airports... +

Vinci SA reported first-half earnings that met estimates as Europes biggest builder benefited from traffic growth at airport and highways and an improving French market....

 2016-07-29 05:51 

Bloomberg

Rupee Joins Bonds Rallying Most Since 2013 as India Inflows Jump... +

Indian sovereign bonds headed for their best monthly performance in more than three years and the rupee strengthened as foreign investors snapped up local debt at the fastest pace since October....

 2016-07-29 05:45 

CNBC

This little-known Chinese company is shaking up the smartphone market... +

Growth in the smartphone market is starting to cool after a frenetic few years, but a little-known smartphone maker, OPPO, is making heads turn....

 2016-07-29 05:44 

Wall Street Journal

Yen Surges After BOJ Decision, Leads Asian Currencies Higher... +

The Japanese yen strengthened against the U.S. dollar after the Bank of Japans latest policy action underwhelmed investors, triggering a rise in currencies across the region....

 2016-07-29 05:43 

The Economist

Unwelcome guests... +

Islamic State claims an appalling attack...

 2016-07-29 05:42 

AP

[ Business ]

Eurozone growth halves in Q2 but inflation inches up in July... +

LONDON AP -- Economic growth across the 19-country eurozone halved in the second quarter, official figures showed Friday, in a development that's more likely due to the fading boost from lower oil prices and weaker euro than to concerns in the run-up to t...

 2016-07-29 05:40 

Business Standard

Japan bank blames Brexit as it unleashes more monetary stimulus... +

Central bank acknowledged government pressure for more action to drive the yen lower and help Japan's legion of exporters...

 2016-07-29 05:40 

Business Standard

Amid heightened tension, China, Russia to hold joint naval exercises in South China Sea... +

An arbitration court in the Hague ruled recently that China does not have historic rights to the SCS...

 2016-07-29 05:39 

Reuters

[ Business ]

Goldman says oil's rebalancing remains fragile amid macro headwinds... +

Oil's recovering fundamentals remain fragile, with many global factors offsetting each other, leaving a firmer U.S. dollar as the main driver of lower prices recently, Goldman Sachs said in a note this week....

 2016-07-29 05:39 

AP

[ Business ]

Italian banks under glare as EU stress tests results due... +

MILAN AP -- The spotlight is on Italy's troubled banks as regulators prepare to release the results Friday of stress tests of EU lenders that will show how much money the country's financial sector, the most troubled in the region, needs to avoid rekindli...

 2016-07-29 05:38 

Bloomberg

Kurodas $26 Billion Gift to Stock Market Underwhelms... +

Welcome to Japan, where a central bank plan to pump $26 billion a year more into stocks and continue buying 30 times that in debt sees equities sag and bonds plunge....

 2016-07-29 05:37 

Bloomberg

Sanofis Profit Declines as Aging Drugs Face Competition... +

Sanofi, the French drugmaker seeking to acquire U.S. biotechnology company Medivation Inc., said second-quarter profit fell 8.7 percent as competition from cheaper rivals eroded sales of its best-selling medicine....

 2016-07-29 05:37 

Bloomberg

BBVA Quarterly Profit Beats Estimates on Interest Income, Fees... +

Banco Bilbao Vizcaya Argentaria SA reported second-quarter profit that beat analyst estimates, as interest income, fees and commissions increased....

 2016-07-29 05:35 

Wall Street Journal

AB InBev Profit Hit by Foreign-Exchange Charge... +

Anheuser-Busch InBev reported a massive drop in second-quarter net profit, as it booked a $1.77 billion charge against foreign exchange hedging toward its $100 billion-plus beer megamerger with SABMiller....

 2016-07-29 05:34 

Business Day

Little kings rule alike in splendid, quiet towers... +

Despite the apparent parallels, Hlaudi Motsoeneng is reportedly outraged that critics have likened him to Max Price, writes Antyony Butler...

 2016-07-29 05:34 

Business Day

Fears over dry fuel pumps as strike continues... +

The core issues are the petrochemical sector employers want to avoid annual wage talks and contain their wage bills...

 2016-07-29 05:34 

Business Day

SABMiller down, merger hopes up... +

SABMiller and AB InBev stress convergence planning they started in March has not contravened the regulations of any competition authority involved...

 2016-07-29 05:34 

Business Day

Deputy Public Protector Kevin Malunga fails to tell panel of Wits axing... +

Public Protector hopeful Kevin Malunga evades full disclosure in answers to parliamentary committee deciding who will replace Thuli Madonsela...

 2016-07-29 05:34 

Business Day

Surprise quota call for players... +

Cricket SA says it will introduce targets for all the national teams, but does not stipulate the required racial breakdown...

 2016-07-29 05:33 

Business Day

Angela Merkel defends Germany's refugee policy... +

The German chancellor outlines plans to address growing security concerns in Germany after a spate of attacks leaves 13 dead...

 2016-07-29 05:33 

Business Day

New CEO mending fences for De Beers... +
 2016-07-29 05:33 

Business Day

Exhuming the imagery around Duiker's words... +

Penny Siopiss art works are the most direct manifestations of a commission to translate Duikers text into a visual arts idiom, writes Chris Thurman...

 2016-07-29 05:33 

Business Day

Kegaan Dolly off to Olympics on a high note... +

Brazilians success in reaching the semifinals of the African Champions League a booster for the Olympic under-23 soccer captain...

 2016-07-29 05:33 

Business Day

How raising wine price will sustain quality... +

If prices dont rise, vineyards in the lower yielding, higher quality appellations wont be replaced, wites Michael Fridjhon...

 2016-07-29 05:32 

Business Day

UCT's Sports Injury Clinic helps patients unable to afford rehab... +

Dr Jeroen Swart and Dr Caroline Dalton will provide clinical sports medicine services to the public one day a week at Groote Schuurs orthopaedic outpatient clinic...

 2016-07-29 05:32 

Business Day

Groupon shares rocket on higher full-year outlook... +

CEO Rich Williams reaps the rewards of transforming the company into a North America focused, online destination for bargain hunters...

 2016-07-29 05:32 

Business Day

No bimbocracy — it's a quintessential 'solid business'... +

Quinton Van der Burgh says his business has sex appeal, but he denies chauvinist charges, writes Lesley Stones...

 2016-07-29 05:32 

Bloomberg

Barclays Africa First-Half Profit Slows as Economic Growth Drops... +

Barclays Africa Group Ltd.,the lender thats being sold by its London-based parent, said first-half profit rose 3.7 percent, a slower pace than last year, after credit impairments and non-performing loans increased and South Africas economy shrank....

 2016-07-29 05:32 

Business Day

Relaxed Sundowns are having a blast... +

The message is all South African clubs Orlando Pirates, Kaizer Chiefs and Wits can go to the semifinals of African tournaments, says Bafana Bafana coach...

 2016-07-29 05:32 

Business Day

Parties push hard for votes in key metro of Nelson Mandela Bay Metro... +

The ANC and DA bring out the big guns in closely contested Nelson Mandela Bay Metro...

 2016-07-29 05:32 

Business Day

Governments fail to impede BAT growth... +

British American Tobacco defies global effort to stomp out smoking with strong set of results, including organic growth...

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