Retail giant Walmart reported 9 percent growth in its quarterly profit on strong sales at its international operations and raised its fiscal 2011 earnings outlook.
A recent QS TopMBA Jobs Index puts Russia ahead of its Western Europe counterparts as a hot MBA recruitment destination. Retaining the momentum in hiring for the second year running, it has shown a steady 22 per cent growth in MBAs recruited.
German sportswear giant Adidas announced on Monday to open more than 2,500 stores in smaller Chinese cities by 2015 aiming to tap the middle class market.
The top after-market NASDAQ stock market gainers were: Yongye International, Gulf Resources, Urban Outfitters, CEVA, Internet Capital Group, Casual Male Retail Group, Motricity, BioScrip, Natural Alternatives International, and Power Integrations.
The unemployment rate in India is estimated at 9.4 percent or 94 percents out of 1000 persons in the labour force for the fixed reference period of financial year 2009-10, according to employment-unemployment survey by the Labour Bureau under the Labour and Employment Ministry.
Stocks on major U.S. indices opened higher as takeovers and faster-than-estimated growth in retail sales fueled optimism in the economy.
U.S. retail and food services sales rose more than expected for the fourth consecutive month in October, mainly spurred by a rise in auto and other motor vehicle dealer sales, a report from the U.S. Commerce Department stated.
* GBP/USD immediate target downside around 1.60, next 1.58
* Sterling hit by weak housing data while dollar awaits better sales figures
* US Fed's Lacker, Treasury's Brainard to speak on Monday
An event on Wednesday of high fashion in fusion with the high tech will test Google's foray into the world fashion.
US dollar strengthened across the board on Monday on expectations of good data signaling recovery, but investors are also cautious that any negative surprise could trigger market worries about more bond buyback by the Fed, sparking off the quantitative easing (QE3) talks.
Concerns over Europe's debt risks felled Australian and New Zealand dollars - Asia Pacific's major risky currencies - on Monday, while growing fears that China may raise rates further dampened the sentiment. Market is keen on any fresh developments from Europe, with many important EU officials, including Alex Weber of ECB, scheduled to speak on the first day of the Euro Finance Week held November 15-19 in Frankfurt, Germany.
Majestic Wine Plc, UK's largest wine warehouse chain, reported a 20 percent rise in first-half pretax profit as sales rose on substantial increase in active customers, and the company lifted its interim dividend by 17.9 percent to 3.3 pence.
Singapore's retail sales (seasonally adjusted) decreased 2.4 percent in September 2010 compared to August 2010, the Singapore Department of Statistics said in a statement.
For most, the word Wireless invokes various thoughts from accessing mails in a coffee shop to chatting with long distance friends on the touch or booking tickets at a go. Can anyone dream of Wireless Agriculture?
Sony and Microsoft are hoping their new motion sensor controllers help them surpass long-time industry champion Nintendo in the console race this holiday season.
Copper hit record highs in London and jumped to a 30-month high in New York on Thursday as strong Chinese data suggested higher demand for the metal by the world's biggest consumer.
The California Energy Commission has awarded more than $9.6 million in state funding to make components and biofuels required for manufacturing electric vehicles.
Following its annual tradition of celebrating the magical season of Christmas, Cincinnati-based Macy's Inc. on Tuesday announced a series of special events and displays for children and adults alike.
U.K. real estate investement trust Land Securities Group Plc swung to a pretax profit for the first half, helped by a valuation increase on its portfolio of 3.4 percent. Net assets per share rose 6 percent.
DLF Limited, India’s largest real estate company, said on Thursday its consolidated net profit fell 5 percent to 4.18 billion rupees for the second quarter as compared to 4.4 billion rupees for the same quarter last year.
Britain’s Prime Minister David Cameron and South Korean President Lee Myung-bak agreed to increase trade and investment between the two countries in a meeting prior to Thursday’s opening of the G-20 summit in Seoul.
Michael Yoshikami, president and chief investment officer of YCMNET Advisors in Walnut Creek, Calif. discusses what exactly QE is, why it may be needed and its potential impact.