TomTom to cut 50 million euros in costs as Q3 sales fall
TomTom, the Dutch navigation equipment and digital map maker, said it will cut 50 million euros ($69.7 million) in costs, including jobs, to help improve profitability as it posted a dip in quarterly sales on lower demand and falling prices.
U.S. Stock Futures Signal More Gains for Equities
Stock futures pointed to a higher open for equities on Wall Street on Monday, building on sharp gains in the previous session, with futures for the S&P 500, Dow Jones and Nasdaq 100 up 0.4 to 0.5 percent.
Stock futures signal more gains for equities
Stock futures pointed to a higher open for equities on Wall Street on Monday, building on sharp gains in the previous session, with futures for the S&P 500, Dow Jones and Nasdaq 100 up 0.4 to 0.5 percent.
U.S. firms hold off hiring, but not many layoffs: poll
U.S. companies do not plan to significantly increase payrolls over the next six months but neither do they intend to aggressively fire workers, according to a survey on Monday that suggested lackluster job growth.
GLOBAL MARKETS-Hope for euro deal, China growth spur stocks
World stocks put in solid gains on Monday as investors bet on a positive outcome to the euro zone crisis talks and took comfort from signs that China's economy may not be in as much danger as feared.
Hope for Euro Deal, China Growth Spur Stocks
World stocks put in solid gains on Monday as investors bet on a positive outcome to the euro zone crisis talks and took comfort from signs that China's economy may not be in as much danger as feared.
China flash PMI rebounds to ease hard-landing fears
China's vast manufacturing sector expanded moderately in October to snap three months of contraction, reflecting the resilience of robust domestic demand that is likely to soothe fears of an abrupt slowdown in the world's second-largest economy.
Netflix to launch streaming service in UK, Ireland
Netflix Inc said it will launch a subscription service in the United Kingdom and Ireland in early 2012, offering unlimited TV shows and movie streaming over the Internet.
Intercontinental Hotels revenues rise in America
Intercontinental Hotels Group , the world's biggest hotelier, reported higher revenue growth at its American operations and said customer demand had remained strong despite the global economic slowdown.
Arsenal 3-1 Stoke City - Match Highlights [VIDEO]
Arsenal burst into the top seven of the Premier League for the first time this season after a 3-1 win at home over Stoke City.
European stocks seen up on China, EU summit hopes
European stocks were set to open higher on Monday after data about China helped allay fears of a hard-landing in the world's second-largest economy, while the euro steadied on hopes that Europe's leaders were making some progress toward tackling the region's debt crisis.
QPR 1-0 Chelsea - Match Highlights [VIDEO]
A heated West London derby ended in shock with nine-man Chelsea defeated 1-0 against QPR at Loftus Road.
Tokyo Electric says no plans to sell all uranium stakes
Tokyo Electric Power Co <9501.T> on Monday said it has no plans to sell all the stakes it holds in overseas uranium projects, denying a newspaper report that it would take such a step to raise funds to help victims of the crisis at its Fukushima nuclear plant.
Manchester United 1-6 Manchester City - Match Highlights [VIDEO]
The battle for Manchester for well and truly won by the blue half as Manchester City demolished Man United to a 6-1 humiliation at Old Trafford.
HSBC Flash PMI Points to Manufacturing Upturn in China
China's vast manufacturing sector picked up moderately in October, snapping a three-month contraction and underscoring the resilience of the world's second-largest economy backed by robust domestic demand.
HSBC flash PMI points to manufacturing upturn
China's vast manufacturing sector picked up moderately in October, snapping a three-month contraction and underscoring the resilience of the world's second-largest economy backed by robust domestic demand.
Death Toll in Turkey Earthquake Tops 200; Hundreds Missing
More than 200 people were confirmed killed and hundreds more feared dead after an earthquake hit parts of southeast Turkey Sunday with rescue teams working through the night to free trapped survivors.
Fortress Hires Ex-Artradis Fund Manager Dredge: Sources
Fortress Investment Group LLC has hired David Dredge as co-chief investment officer at its convexity strategies group, two sources familiar with the matter said.
China Inflation Seen Below 5 Percent by November: Report
China's consumer inflation is likely to ease below 5 percent by November and December, a senior official at the country's economic planner said in remarks published on Monday, raising hopes Beijing can contain prices that have held near three-year highs.
Rio Tinto: fall in iron ore prices accelerating
Global miner Rio Tinto said on Monday iron ore demand remained robust despite market weakness, and said a fall in prices was accelerating a move to shorter-pricing methods.
Steve Jobs' Abrasive Style Drove Some People Away: Biographer
Apple Inc co-founder Steve Jobs revolutionized multiple industries with his cutting-edge products but he was not the world's best manager, biographer Walter Isaacson said.
Saudi Telecom plans acquisitions in 2012
Saudi Telecom Co plans major acquisitions in the Middle East next year to take advantage of a buyer's market to expand it's regional presence, the chief executive of its international operations said on Sunday.
Japan Sept exports beat forecasts despite strong yen
Japan's exports rose at a faster pace than expected in the year to September, suggesting that resilience in exports is underpinning the economic recovery despite a global slowdown and the strong yen.
More than 100 dead after Turkey earthquake
More than 100 people were confirmed killed and hundreds more feared dead Sunday when a powerful earthquake hit southeast Turkey, flattening buildings and leaving survivors crying for help from under the rubble.
Ryanair eyeing new phase of growth - Financial Times
Ryanair is in talks with U.S., Chinese and Russian aircraft manufacturers about the possibility of buying 200 to 300 planes between 2015 and 2021, the Financial Times reported on Monday.
Japan warns will act versus excess foreign exchange moves
Finance Minister Jun Azumi said on Monday that Japan was ready to take decisive action in currency markets, issuing a fresh warning to markets against pushing up the yen too much in the wake of its rise last week to a record high.
Apple stock to jump 25 percent over next year: Barron's
Shares of a handful of large tech companies including Apple Inc, Oracle Corp and eBay Inc are likely to increase by more than 20 percent over the next year, according to Barron's.
New York Media Spotlight on Steven Beer
INTERNATIONAL BUSINESS TIMES meets with media luminary Steven Beer.
Canada warns EU on oil sands ranking plan
Canada warned on Sunday it will defend its interests if the European Union (EU) goes through with a proposal to rank Canadian oil sands as a highly polluting fuel.
Canada's Carney ready for FSB regulator limelight
As a young hockey player with dreams of making it big, Mark Carney liked to get revved up before a big game by listening to AC/DC's Hell's Bells.