Nokia Oyj said on Thursday it would start to open its software platforms to external developers in a bid to boost the quantity and quality of software for Nokia phones.
Opel's senior labor leader threatened General Motors GM.UL that the European carmaker's workforce would not pitch in to reduce $1.2 billion in costs if Detroit retains control of Opel.
Malaysia has reversed an earlier ban on Muslims attending a concert by U.S. hip-hop band the Black Eyed Peas, saying it had no right to keep people from entertainment events.
American Apparel Inc will dismiss 1,500 factory workers who could not prove their U.S. immigration status or rectify problems with their employment records, the Los Angeles Times said on Thursday.
Nomura Holdings cemented its position at the top of the M&A league tables in Japan by bagging a mandate to advise Dainippon Sumitomo Pharma on its $2.6 billion acquisition of U.S. drugmaker Sepracor Inc.
Stock index futures rose on Thursday, ready to snap a four-day losing streak as retailers posted better-than-expected August sales and as investors wait for weekly jobless claims data.
The next few months could see more mergers and acquisitions in the U.S. manufacturing sector as memories of recent market highs fade and some smaller companies find they need financial backing.
U.S. retailers reported August sales that showed some signs that the economic downturn was easing, but a late Labor Day holiday and muted consumer enthusiasm weighed on the key back-to-school season.
China plans new rules to allow foreign companies to set up local units in the form of a locally registered partnership, in a landmark move to attract investment, a draft proposal seen by Reuters showed on Thursday.
Costco Wholesale Corp on Thursday reported a smaller-than-expected 2 percent fall in August same-store sales, in a sign that the impact of the financial crisis is waning on U.S. consumer spending.
A Faster Recovery?; Airlines' Reality Sinks In; Facing the Music
A monthly gauge of U.S. online labor demand soared in August at its fastest pace in four years, indicating steadier footing for nationwide labor demand, a private research group said on Thursday.
U.S. retailers reported August sales that showed some signs that the economic downturn was easing, but a late Labor Day holiday and muted consumer enthusiasm weighed on results in the key back-to-school season.
AIG's new CEO, Robert Benmosche, has sparked just about as many headlines as one executive can in the past few weeks -- and all while on holiday at his villa in Croatia looking over the Adriatic.
Oil prices rose above $69 a barrel on Thursday, drawing support from a sharp fall in U.S. gasoline inventories that revived hopes of a demand recovery in the world's largest fuel consumer.
The biggest U.S. Internet service providers urged regulators to adopt a conservative definition of broadband, arguing for minimum speeds that were substantially below many other nations.
Dainippon Sumitomo Pharma Co Ltd agreed on Thursday to buy U.S. drugmaker Sepracor Inc for $2.6 billion, giving the Japanese firm a big, local sales force in the world's largest drugs market.
World stocks ticked higher on Thursday, bolstered by firmer Chinese shares, while the euro gained and the region's government bonds slipped ahead of a European Central Bank monetary policy decision.
Dainippon Sumitomo Pharma Co Ltd agreed on Thursday to buy U.S. drugmaker Sepracor Inc for $2.6 billion, giving the Japanese firm a big, local sales force in the world's largest drugs market.
U.S. stock index futures pointed to a higher open on Wall Street on Thursday, following a four-day losing streak.
Asian shares edged up on Thursday as a surge in the volatile Shanghai market helped underpin indexes around the region, offsetting a rocky start to the month on worries the global economic recovery is losing steam.
Japan's Dainippon Sumitomo Pharma Co Ltd plans to offer about $2.7 billion to acquire U.S. drugmaker Sepracor Inc, a source said, in a move that it would give it a much needed U.S. sales force.