Archives

Powered by CMS Forex
free counters

Ducking the test

The OECD’s new school test in respecting other cultures is being ducked by some leading [...]

Ex-Obama administration official in exclusive talks with Weinstein Co: source

(Reuters) – The Weinstein Company has entered into exclusive negotiations to sell the studio with a group of investors led by former Obama administration official Maria Contreras-Sweet, a source familiar with the matter said on Tuesday.

Recipe for success

The British food companies who have succeeded in the United States and how they managed [...]

Japan manufacturing gauge points to solid start in 2018

Job creator, or job killer? Trump angers solar installers with panel tariff

WASHINGTON/LOS ANGELES (Reuters) – U.S. President Donald Trump signed into law a steep tariff on imported solar panels on Tuesday, a move billed as a way to protect American jobs but which the solar industry said would lead to thousands of layoffs and raise consumer prices.

Health trip

Most of us would like to lead long and healthy lives, but what, if anything, can we do to make it [...]

Asia shares surf global growth wave, dollar sinks

SYDNEY (Reuters) – Asian shares scaled record peaks on Wednesday as strong corporate earnings and optimism on global growth outweighed concerns over trade tensions, while a fresh burst of speculative selling took the U.S. dollar to three-year lows.

Trump’s choice Jerome Powell approved as Federal Reserve head

The Senate backs the president’s choice, Jerome Powell, for the world’s most powerful economics [...]

Ikea boss says it pays fair share of tax

The head of Ikea Group says the flatpack furniture retailer paid 25% tax last [...]

Car insurance premiums rise for nine successive quarters

Car insurance premiums have risen each quarter since the end of 2015, says the insurance [...]

A DIY guide to Davos jargon

To help you understand Davos, the BBC has compiled a list of the jargon used at the forum – complete with [...]

Texas Instruments’ revenue growth slowdown rattles investors

(Reuters) – Texas Instruments Inc on Tuesday posted the slowest revenue growth in four quarters on softer demand for its chips used in communications equipment, disappointing investors who expected sales for automotive chips to drive strong results.

Road use charges should be tailored to drivers, says report

Drivers should be charged based on factors like time of day and congestion, a new report [...]

Japan exports to Asia climb to record level

SEC says Rio Tinto, ex-CEO, ex-CFO must face fraud case

NEW YORK (Reuters) – The top U.S. securities regulator on Tuesday rejected arguments by Rio Tinto Plc and two former top executives that its civil lawsuit claiming they concealed the plunging value of coal assets owned by the big Anglo-Australian mining company should be dismissed.

JPMorgan sees brick-and-mortar branches pivotal to U.S. expansion

NEW YORK (Reuters) – JPMorgan Chase & Co sees brick-and-mortar banking as essential to expanding into more than a dozen markets over five years, even though customers do 80 percent of their transactions online or at ATMs, a bank executive said on Tuesday.

United Air shares tumble as it vows to match low fares, expand capacity

NEW YORK (Reuters) – United Continental Holdings Inc shares fell more than 6 percent in after-hours trading on Tuesday as the airline said it plans to increase capacity, likely threatening its profit margin as it is locked in a price war with low-cost carriers.

Facebook buys Boston software company that authenticates IDs

NEW YORK/SAN FRANCISCO (Reuters) – Facebook Inc is buying a software firm that specializes in authenticating government-issued identification cards, the two companies said on Tuesday, a step that may help the social media company learn more about the people who buy ads on its network.

Sky-Fox deal not in public interest, says regulator

The regulator says the deal would give the Murdoch family too much control over news providers in the [...]

Pacific trade deal progresses with Canada and without US

Canada joins a new Trans-Pacific Partnership, which is moving forward without the [...]

Senate confirms Jay Powell as Federal Reserve chair

SandRidge rebuffs Icahn, boosting ruckus over shale firm’s fate

(Reuters) – U.S. shale oil producer SandRidge Energy Inc rejected demands from activist investor Carl Icahn on Tuesday to replace two of its board members and amend its bylaws, saying any changes should be approved by a majority of shareholders.

NAFTA negotiators open key round of talks amid upbeat signs

MONTREAL (Reuters) – Officials opened a key round of negotiations to modernize NAFTA on Tuesday amidst optimistic signs, as U.S. President Donald Trump said the talks were going “pretty well” and Canada’s chief negotiator said he had high hopes for progress.

United Airlines profit up on higher fares, last-minute purchases

NEW YORK (Reuters) – United Continental Holdings Inc reported a greater-than-expected jump in quarterly profit on Tuesday, helped by higher fares and more last-minute ticket purchases.

Netflix lifts S&P, Nasdaq; J&J, Procter hold Dow in check

NEW YORK (Reuters) – U.S. stocks advanced on Tuesday, as strong results from Netflix helped lift the S&P and Nasdaq Composite, but the Dow Industrials were hemmed in by declines in Johnson & Johnson and Procter & Gamble.

Texas Instruments fails to beat earnings estimates, shares fall

(Reuters) – Chipmaker Texas Instruments Inc’s fourth-quarter earnings failed to exceed Wall Street expectations after several quarters of better-than-expected results, sending its shares down 5 percent on Tuesday.

NAFTA negotiators open key round of talks; Trump cites progress

MONTREAL (Reuters) – U.S., Canadian and Mexican officials opened a key round of negotiations to modernize NAFTA on Tuesday as President Donald Trump, who has regularly threatened to quit the trade pact, said the talks were going “pretty well.”

Facebook buys Boston software company that authenticates IDs: source

NEW YORK/SAN FRANCISCO (Reuters) – Facebook Inc is buying Boston-based software company Confirm Inc, which specializes in authenticating government-issued identification cards, a person familiar with the acquisition said on Tuesday.

Texas Instruments’ profit dips 67 percent on tax expense

(Reuters) – Chipmaker Texas Instruments Inc’s fourth-quarter profit slumped about 67 percent due to tax-related expenses resulting from new U.S. tax laws.

Aetna is fined by New York for leaking members’ HIV status

NEW YORK (Reuters) – Aetna Inc will pay a $1.15 million civil fine and improve its privacy practices to settle charges that it leaked the HIV-positive status of 2,460 New York members in a mailing where it used envelopes with large transparent windows.

Qualcomm set to be fined by EU antitrust regulators: FT

(Reuters) – The European Union is set to fine U.S. chipmaker Qualcomm Inc for taking advantage of its dominance when it paid Apple Inc to use its chips exclusively in Apple mobile devices, The Financial Times reported on Tuesday.

Trump signs solar panel tariff, angering U.S. installers

WASHINGTON/LOS ANGELES (Reuters) – U.S. President Donald Trump signed into law a steep tariff on imported solar panels on Tuesday, a move billed as a way to protect American jobs but which the solar industry said would lead to thousands of layoffs and raise consumer prices.

Trump says no trade war despite Asia outcry over tariffs

Tariffs of up to 50% on imported goods will mostly hit South Korea and [...]

The day in Davos: Modi, Trudeau and a bull-market party

‘Running out of computer power’

The head of tech giant Microsoft says faster machines are needed to solve difficult computing [...]

S&P, Nasdaq get Netflix boost; Dow dragged by J&J, Procter

NEW YORK (Reuters) – U.S. stocks advanced on Tuesday, as strong results from Netflix helped lift the S&P and Nasdaq Composite, but declines in Johnson & Johnson and Procter & Gamble kept the Dow Industrials in check.

Trump slaps steep tariffs on washing machines, solar products

WASHINGTON (Reuters) – U.S. President Donald Trump signed an executive order on Tuesday imposing steep import tariffs on washing machines and solar panels, saying the move showed the United States would not be taken advantage of anymore.

New York City sues drug companies over opioid epidemic

NEW YORK (Reuters) – New York City on Tuesday sued eight companies that make or distribute prescription opioids, blaming them for fuelling a deadly epidemic afflicting the most populous U.S. city.

Pound hits $1.40 for first time since Brexit vote

Sterling extends its rally against the dollar to hit its highest level since the EU [...]

Admiral and M&S insurance firms deny ‘racism’ claims by The Sun

The Sun claims motorists pay more to insure cars if their name is Mohammed, compared to [...]

Trudeau tells Davos audience their approach ‘won’t cut it any more’

Canada’s PM slams aggressive capitalism at WEF and confirms new Pacific trade [...]

A tactical mis-step from Donald Trump on trade

Tariffs on solar panels and washing machines are foolish, not [...]

BMW and Daimler close to merging car-sharing units: executive

BERLIN (Reuters) – German carmakers Daimler and BMW are close to agreeing to combine their car-sharing services Car2Go and DriveNow, a senior executive at one of the carmakers told Reuters on Tuesday.

J&J takes $13.6 billion charge related to new U.S. tax law

(Reuters) – Healthcare conglomerate Johnson & Johnson on Tuesday took a $13.6-billion charge related to the new U.S. tax law and plans to bring back billions of dollars from overseas immediately.

U.S. appeals court decertifies class action in Hyundai fuel economy settlement

NEW YORK (Reuters) – A U.S. appeals court on Tuesday overturned a lower court’s decision to grant class certification to car owners who settled with Hyundai Motors and its Kia affiliate over the fuel efficiency of its vehicles.