Wheat output in China, the world's largest producer and consumer of the grain, may be at risk after severe winter drought in its main northern producing regions, the United Nation's Food and Agriculture Organisation said.
Benchmark Capital said the sale of retailer Big Lots (NYSE: BIG) appears possible and private equity buyers could target the company, after Bloomberg reported that Big Lots is exploring strategic options.
T-Mobile is offering its phones for free in a two-day Valentine's Day promotion this weekend with a two-year qualifying contract.
The shipment of first batch of all-electric car Nissan Leaf has arrived in the north-east of England, the carmaker has confirmed.
McBride Plc, the maker own label products for retailers, said interim pretax profits dropped 31 percent amid rising raw materials costs and a weak retail environment, particularly in the UK.
Shanee Greenidge of Boston has been searching for full-time work since she dropped out of high school in 2009 and took a string of part-time jobs to help her mother pay bills.
A leaked Best Buy advertisement shows Motorola Xoom is to launch on Feb. 24th.
U.S. employment rose far less than expected in January, partly the result of severe snow storms that slammed large parts of the nation, but the unemployment rate fell to its lowest level since April 2009.
The U.S. economy added a mere net new 36,000 jobs last month, although the unemployment rate fell sharply to 9.0 percent from 9.4 percent, according to the U.S. Bureau of Labor Statistics (BLS).
Fifty-four percent of Verizon's Android and BlackBerry users plan to switch to the iPhone when it becomes available on Feb. 10, according to a survey by United Sample Inc.
Cities and towns across the United States started to dig out on Thursday from a winter storm that stretched for thousands of miles, with many areas still grappling with treacherous travel conditions.
Saudi Arabia has eased its real estate and investment laws to allow foreigners residing and working in the kingdom to purchase and own properties there. The move is widely seen as a way to revive the country’s moribund real estate market.
Major U.S. retailers shrugged off the snowiest January in six years to post sales that blew past analyst expectations, easing concerns that consumers were all spent out after the holidays.
More companies are hopping on the NFC contact-less bandwagon.
Eurozone retail sales fell unexpectedly for a second consecutive month in December last year, showing continued weakness in the household demand.
British telecommunications company BT Group plc reported its highest share of DSL broadband net additions for eight years and said pretax profit for the third quarter more than doubled from last year.
ThinkEquity has outlined its top consumer stock picks for 2011. The stocks include: Life Time Fitness, PetSmart, Williams-Sonoma, Coach, and Advance Auto Parts.
The Electric Reliability Council of Texas (ERCOT) has ordered utilities to rotate outages across the state. The underlying cause is a shortage of electricity as many utility plants tripped (shut off power) due to extreme weather.
The company posted a net loss in revenue of $322 million, up from year-on-year losses of $82 million.
Apple Inc. said its CDMA iPhone 4 will be available for pre-orders from Thursday at Apple stores and Verizon Wireless. Apple said orders will be fulfilled on a first come, first served basis due to strong demand.
Sixty-nine per cent of investors say Facebook is overvalued after Goldman Sachs invested $450 million in a deal that valued the company at $50 billion, according to the quarterly poll of 1,000 Bloomberg customers who are investors, traders or analysts.
British carpet and floor covering retailer Carpetright Plc said it expects full-year profits to be below last year and below market expectations, citing lower third quarter sales due to adverse weather conditions and fragile consumer confidence.
