Can Japanese Society Survive Without Nuclear Power?
Political and economic decisions over the next week have serious consequences for the country's future.
Who Is Africa?s Richest Man?
Forbes has upped its wealth estimate for Aliko Dangote, founder and chief executive officer of the Dangote Group, to $11.2 billion.
iOS 6 Golden Master Expected To Be Unveiled In Early September, iPhone 5 To Follow Later In The Same Month: Analyst
At a time when all eyes are on Apple with its annual Worldwide Developers Conference (WWDC) kicks off 10 a.m. PT on Monday at Moscone West center in San Francisco, a latest report said, citing an industry analyst, that Apple would unveil the iOS 6 Golden Master in early September, which would be followed by next-generation iPhone later the same month.
Will Genentech's Perjeta Be The Next Blockbuster For Roche?
Combatants on the front lines in the war on cancer have a new weapon in the arsenal, as the U.S. Food and Drug Administration on Friday OK'd Perjeta -- flanked by Herceptin and docetaxel -- for deployment in a three-pronged attack on the enemy cells in people with HER2-positive metastatic breast cancer.
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BP Gulf Spill Fines Could Turn Into Jobs Boon
The 2010 Gulf Coast oil spill may prove to be a jobs booster for the region, if money paid in damages is spent to restore the Gulf's coast.
Fiat To Close HQ For 8 Days To Save Cash; Italian Gov Foots Bill
Fiat S.p.A. plans to close its headquarters in Mirafiori, Italy for eight additional working days this summer to save ?8 million ($10.1 million) following lackluster European profits for the company.
Why Has US Manufacturing Productivity Surged This Year: It?s The Software, Stupid!
U.S. manufacturing productivity surged 5.4 percent in the first quarter, the most since last year?s third quarter, even as overall productivity eased about 1 percent, the U.S. Department of Labor said.
Investors Withdraw $370 Million From India-Focused Funds In May
The outflow from India-focused funds reached an alarming rate in May amid concerns about the sharp fall of the Indian rupee against the dollar and sluggish policy reforms from the government, according to a report.
Aussie GDP Data Lifts Sentiment
Australia released its Q1 GDP data at 1.3%, smashing expectations of 0.5% according to a Reuters poll.
American Truckers On A Roll As Business Speeds Up
American truckers in the last three months are hauling more freight and spending more time on the road as fuel prices stabilize and more materials are getting transported, industry indexes are showing.
US Stock Futures Point To Higher Opening Wednesday
Futures on the major U.S. indices point to a higher opening Wednesday ahead of a report on the Federal Reserve's Beige Book and the European Central Bank's (ECB) monthly rate-setting meeting.
Oil Futures Rise Above $85 Per Barrel; ECB In Focus
Crude oil futures edged higher Wednesday as positive US service sector data and the G7 leaders' pledge to tackle economic problems provided some relief to the markets.
Asian Markets Rise On Positive U.S. Data And G7 Assurance
Asian markets rose Wednesday amid positive economic data from the U.S. and the G7 finance ministers' decision to work closer together to tackle the euro zone economic crisis.
Hong Kong Stocks Rise, China Trades Flat
Stock markets in China and Hong Kong advanced Wednesday on speculation that the People's Bank of China will cut interest rates soon to help the economy regain its growth momentum.
India?s Sensex Rises On Positive Asian Cues
India's BSE Sensex rose Wednesday following positive cues from Asian markets and the rupee gaining.
Japan?s Nikkei Rises On Positive US Data And G7 Promise
Japan's Nikkei 225 Stock Average rose Wednesday amid positive US economic data and the G7 meeting's promise of a closer collaboration to tackle economic problems.
Service Sector Growth Teases Out Mixed Sentiment
The performance of the non-manufacturing sector against the backdrop of the release of the non-manufacturing (NMI) index.
German Industry Orders Slump As Foreign Demand Falters
German industrial orders fell at their fastest rate since November 2011 in April as orders from abroad dried up, adding to signs that Europe's largest economy is heading for a slowdown.
French Unions, Hollande Brace For Huge Wave Of Layoffs
Bernard Thibault, the secretary of the Communist-backed Confédération Générale du Travail, one of France's largest unions, warned that at least 45,000 jobs (and maybe as many as 90,000) will be jettisoned by some 46 companies.
Apple iPhone 5: September Could See A New iPhone Along With iPad Mini, Says Analyst
There has been a lot of talk lately regarding the timeframe for the release of the next generation iPhone, presumably called the iPhone 5, irrespective of what Apple finally decides to name it.
Oil Futures Hover Below $84 Per Barrel
Crude oil futures hovered below $84 a barrel Tuesday as concerns over the euro zone debt crisis continued to weigh on the sentiment.
US Stock Futures Point To Slightly Higher Opening Tuesday
Futures on major U.S. indices point to a slightly higher opening Tuesday ahead of the nonmanufacturing composite index report, as well as a teleconference among G7 leaders.
China, Hong Kong Shares Advance On Improved Services PMI
Stock markets in China and Hong Kong advanced Tuesday after data showed that the China's services industry expanded at its fastest rate in 19 months in May.
China Services Activity Improved In May: HSBC PMI
China's services activity in May grew at the fastest rate in 19 months, according to the HSBC Purchasing Managers Index released Tuesday.
Indian Stocks Recover To End In Green; Rupee Grows Stronger
Bombay Stock Exchange's benchmark Sensex and NSE's Nifty opened on a negative note and continued in the red in the morning session Monday, weighed down by a slump in the FMCG and consumer durable shares.
Pre-Market Movers (Yum! Brands, Schlumberger, salesforce.com, Seadrill, Cooper, First Solar, AuRico Gold)
Among the companies whose shares are moving in pre-market trading Monday are: AuRico Gold, Tata Motors, Cooper Companies, Seadrill, First Solar, salesforce.com, Schlumberger and Yum! Brands.
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