Business

Trending stories

More

Latest stories

2m
The Age
Gold boosts ASX after US Fed decisionShares tracked steadily higher on Thursday, shrugging off some morning indecisi
Gold boosts ASX after US Fed decision
The Age / Posted 2 minutes ago
Shares tracked steadily higher on Thursday, shrugging off some morning indecision following the US Fed's decision to keep rates steady, with miners underpinning another positive session on the ASX. Investors appeared unfussed by the slightly more... Read more
3m
Market Watch
Thomas Cook cuts guidance after terror attacksLONDON--Travel company Thomas Cook Group PLC (TCG.LN) on Thursday lowered its f
Thomas Cook cuts guidance after terror attacks
Market Watch / Posted 3 minutes ago
LONDON--Travel company Thomas Cook Group PLC (TCG.LN) on Thursday lowered its full-year earnings expectations following the impact of the attack on Brussels airport in March and continued weak customer demand for Turkey. The company now expects... Read more
3m
Market Watch
Suez profit up 24%, but business falters in FrancePARIS--French water and waste utility Suez (SEV.FR) Thursday said its profitabi
Suez profit up 24%, but business falters in France
Market Watch / Posted 3 minutes ago
PARIS--French water and waste utility Suez (SEV.FR) Thursday said its profitability has increased in the first half of the year lifted by the economic growth in the international countries the company operates in, while its business in its home... Read more
3m
Market Watch
Smith & Nephew net profit falls 18%LONDON--Medical technology business Smith & Nephew PLC reported an 18% fall in
Smith & Nephew net profit falls 18%
Market Watch / Posted 3 minutes ago
LONDON--Medical technology business Smith & Nephew PLC reported an 18% fall in first=half net profit compared with the same quarter a year before and said its second-half trading profit margin is forecast to exceed the first half. The U.K.-listed... Read more
3m
Market Watch
Sky profit sinks on costs; dividend seen higherLONDON--Sky PLC's fiscal-year net profit sank on Thursday after the media giant
Sky profit sinks on costs; dividend seen higher
Market Watch / Posted 3 minutes ago
LONDON--Sky PLC's fiscal-year net profit sank on Thursday after the media giant booked one-off costs following its expansion across Europe, but its revenue was lifted by trading in the U.K., Ireland and Germany. Sky's net profit for the fiscal year... Read more
3m
Market Watch
Robert Walters profit hit by Brexit uncertaintyLONDON--Recruiter Robert Walters PLC (RWA.LN) on Thursday said first half profi
Robert Walters profit hit by Brexit uncertainty
Market Watch / Posted 3 minutes ago
LONDON--Recruiter Robert Walters PLC (RWA.LN) on Thursday said first half profit was impacted by weakness in the U.K. due to uncertainty surrounding the E.U. referendum. Gross profit, a key profit measure in the staffing industry, rose to 128.1... Read more
3m
Market Watch
Lloyds posts profit, but warns Brexit may hurtLONDON--Lloyds Banking Group PLC (LLOY.LN) said it turned a profit in the first
Lloyds posts profit, but warns Brexit may hurt
Market Watch / Posted 3 minutes ago
LONDON--Lloyds Banking Group PLC (LLOY.LN) said it turned a profit in the first half of the year but warned that Brexit could buffer the U.K. economy in the months to come. Revenue at the lender notched 18.43 billion pounds ($24.19 billion) compared... Read more
3m
Market Watch
Danone profit more than doublesPARIS--Strong sales of dairy products and price increases helped Danone SA beat
Danone profit more than doubles
Market Watch / Posted 3 minutes ago
PARIS--Strong sales of dairy products and price increases helped Danone SA beat expectations even as Europe's largest yogurt maker said economic conditions would continue to remain volatile and uncertain. The Paris-based company, which announced a... Read more
3m
NBC Philadelphia
Fact Check: Democratic National Convention Day 3President Barack Obama claimed that under his administration, “we finally began
Fact Check: Democratic National Convention Day 3
NBC Philadelphia / Posted 3 minutes ago
President Barack Obama claimed that under his administration, “we finally began to wean ourselves off foreign oil,” but dependency on imported oil had begun to drop years before he took office. The president repeated a frequent boast that the U.S.... Read more
5 related stories
3m
Market Watch
Centrica profit up, but revenue falls on oil slumpU.K. utility Centrica PLC on Thursday posted a net profit increase of 9% for th
Centrica profit up, but revenue falls on oil slump
Market Watch / Posted 3 minutes ago
U.K. utility Centrica PLC on Thursday posted a net profit increase of 9% for the first half of 2016 due to remeasurements of energy contracts. The company said overall revenue fell 13% because of warm weather patterns in North America and the... Read more
3m
The Irish Times
Danone first-half profit more than doubles to €880mDanone, the world’s largest yogurt maker, reported first-half earnings that bea
Danone first-half profit more than doubles to €880m
The Irish Times / Posted 3 minutes ago
Danone, the world’s largest yogurt maker, reported first-half earnings that beat analyst estimates as a revamp of its Actimel and Danonino brands and price increases offset lower-than-expected volume. Adjusted operating income rose 7 per cent to... Read more
3m
The Irish Times
AIB’s pre-tax profit falls to €1bn in first half of 2016The bank said its profit this year was driven by a strong business performance,
AIB’s pre-tax profit falls to €1bn in first half of 2016
The Irish Times / Posted 3 minutes ago
The bank said its profit this year was driven by a strong business performance, net provision writebacks of €211 million and one-off benefits including the sale of its share in Visa Europe. Its net interest margin increased by 16 basis points to... Read more
3m
Market Watch
AstraZeneca swings to loss, missing forecastsAstraZeneca PLC posted a loss in the second quarter as it furiously invested in
AstraZeneca swings to loss, missing forecasts
Market Watch / Posted 3 minutes ago
AstraZeneca PLC posted a loss in the second quarter as it furiously invested in its next-generation drugs while battling falling sales of its aging blockbuster Crestor, and took a restructuring charge relating to a cost-reduction program. Cambridge,... Read more
4m
Sydney Morning Herald
Macquarie still assessing Brexit effects, contingency plan in placeMacquarie Group says it has a contingency plan to handle Britain's decision to
Macquarie still assessing Brexit effects, contingency plan in place
Sydney Morning Herald / Posted 4 minutes ago
Macquarie Group says it has a contingency plan to handle Britain's decision to leave the European Union, but it remains too early to say what impact Brexit may have on its business. After reaffirming the bank's full-year profit guidance for this... Read more
4m
NBC New York
Fact Check: Democratic National Convention Day 3President Barack Obama claimed that under his administration, “we finally began
Fact Check: Democratic National Convention Day 3
NBC New York / Posted 4 minutes ago
President Barack Obama claimed that under his administration, “we finally began to wean ourselves off foreign oil,” but dependency on imported oil had begun to drop years before he took office. The president repeated a frequent boast that the U.S.... Read more
5 related stories
5m
Daily Mirror
Lloyds Bank has announced it is taking drastic action after the shock of BrexitThe Group said today it is to accelerate its cost cutting plan to help offset a
Lloyds Bank has announced it is taking drastic action after the shock of Brexit
Daily Mirror / Posted 5 minutes ago
The Group said today it is to accelerate its cost cutting plan to help offset a more testing economic environment - and a likely drop in demand for credit - caused by Britain's vote to quit the EU. Britain's largest retail bank announced plans to... Read more
5m
NBC Los Angeles
Fact Check: Democratic National Convention Day 3President Barack Obama claimed that under his administration, “we finally began
Fact Check: Democratic National Convention Day 3
NBC Los Angeles / Posted 5 minutes ago
President Barack Obama claimed that under his administration, “we finally began to wean ourselves off foreign oil,” but dependency on imported oil had begun to drop years before he took office. The president repeated a frequent boast that the U.S.... Read more
5 related stories
6m
Digi Times
MLS upbeat about synergy with Osram Siu Han, Taipei; Adam Hwang, DIGITIMES [Thursday 28 July 2016] Germany-based
MLS upbeat about synergy with Osram
Digi Times / Posted 6 minutes ago
Siu Han, Taipei; Adam Hwang, DIGITIMES [Thursday 28 July 2016] Germany-based Osram will sell its lamp business unit, Ledvance, to a China-based consortium of which LED packaging service provider MLS is one of the... Read more
6m
Digi Times
Nuvoton reports NT$1.25 EPS for 2Q16 Jessie Shen, DIGITIMES, Taipei [Thursday 28 July 2016] Nuvoton Technology, t
Nuvoton reports NT$1.25 EPS for 2Q16
Digi Times / Posted 6 minutes ago
Jessie Shen, DIGITIMES, Taipei [Thursday 28 July 2016] Nuvoton Technology, the logic IC subsidiary of Winbond Electronics specializing in MCU products, has reported net profits for the second quarter of 2016... Read more
6m
Digi Times
SPIL reports NT$0.90 EPS for 2Q16 Jessie Shen, DIGITIMES, Taipei [Wednesday 27 July 2016] Siliconware Precisio
SPIL reports NT$0.90 EPS for 2Q16
Digi Times / Posted 6 minutes ago
Jessie Shen, DIGITIMES, Taipei [Wednesday 27 July 2016] Siliconware Precision Industries (SPIL) has announced net profits of NT$2.81 million (US$87.6 million) for the second quarter of 2016, up 75.1% sequentially... Read more
5 related stories
6m
Digi Times
Nanya 2Q16 profits fall Jessie Shen, DIGITIMES, Taipei [Wednesday 27 July 2016] DRAM maker Nanya Tec
Nanya 2Q16 profits fall
Digi Times / Posted 6 minutes ago
Jessie Shen, DIGITIMES, Taipei [Wednesday 27 July 2016] DRAM maker Nanya Technology has announced net profits for the second quarter of 2016 declined 78.5% sequentially to NT$397 million (US$87.6 million) with EPS reaching... Read more
6m
Digi Times
Analog Devices, Linear to merge Press release; Jessie Shen, DIGITIMES [Wednesday 27 July 2016] Analog Device
Analog Devices, Linear to merge
Digi Times / Posted 6 minutes ago
Press release; Jessie Shen, DIGITIMES [Wednesday 27 July 2016] Analog Devices and Linear Technology have entered into a definitive agreement under which Analog Devices will acquire Linear in a cash and stock... Read more
3 related stories
6m
Digi Times
AUO to start 6G LTPS production in eastern China in 4Q16 Rebecca Kuo, Taipei; Adam Hwang, DIGITIMES [Thursday 28 July 2016] TFT-LCD p
AUO to start 6G LTPS production in eastern China in 4Q16
Digi Times / Posted 6 minutes ago
Rebecca Kuo, Taipei; Adam Hwang, DIGITIMES [Thursday 28 July 2016] TFT-LCD panel maker AU Optronics (AUO) will begin production at its 6G LTPS panel plant in Kunshan, eastern China, in... Read more
6m
Digi Times
UMC looks to 2-3% shipment growth in 3Q16 Jessie Shen, DIGITIMES, Taipei [Wednesday 27 July 2016] United Microelectron
UMC looks to 2-3% shipment growth in 3Q16
Digi Times / Posted 6 minutes ago
Jessie Shen, DIGITIMES, Taipei [Wednesday 27 July 2016] United Microelectronics (UMC) expects to post 2-3% sequential growth in wafer shipments for the third quarter of 2016, with wafer ASPs staying... Read more
6m
NBC Chicago
Fact Check: Democratic National Convention Day 3President Barack Obama claimed that under his administration, “we finally began
Fact Check: Democratic National Convention Day 3
NBC Chicago / Posted 6 minutes ago
President Barack Obama claimed that under his administration, “we finally began to wean ourselves off foreign oil,” but dependency on imported oil had begun to drop years before he took office. The president repeated a frequent boast that the U.S.... Read more
5 related stories
6m
Digi Times
Pegatron automates factory in Shanghai, says chairman Sammi Huang, Taipei; Joseph Tsai, DIGITIMES [Wednesday 27 July 2016] Pegatro
Pegatron automates factory in Shanghai, says chairman
Digi Times / Posted 6 minutes ago
Sammi Huang, Taipei; Joseph Tsai, DIGITIMES [Wednesday 27 July 2016] Pegatron Technology chairman TH Tung has commented on China-based media reports that Pegatron's factory in Shanghai, China... Read more
6m
Digi Times
Nanya, Inotera deals with Micron still proceeding Julian Ho, Taipei; Jessie Shen, DIGITIMES [Thursday 28 July 2016] Taiwan-bas
Nanya, Inotera deals with Micron still proceeding
Digi Times / Posted 6 minutes ago
Julian Ho, Taipei; Jessie Shen, DIGITIMES [Thursday 28 July 2016] Taiwan-based DRAM makers Nanya Technology and Inotera Memories have both reached deals with Micron Technology of the US, which will... Read more
6m
Digi Times
Taiwan ships nearly 8.5 million LCD TVs in 2Q16Digitimes Research: Tom Lo, DIGITIMES Research, Taipei [Wednesday 27 July 201
Taiwan ships nearly 8.5 million LCD TVs in 2Q16
Digi Times / Posted 6 minutes ago
Digitimes Research: Tom Lo, DIGITIMES Research, Taipei [Wednesday 27 July 2016] Taiwan-based makers shipped 8.448 million LCD TVs in the second quarter of 2016, increasing 14.9% on quarter and 6.1% on... Read more
6m
Canberra Times
Oswals and Apache agree to settlementPankaj and Radhika Oswal and US company Apache Corp have settled their part of
Oswals and Apache agree to settlement
Canberra Times / Posted 6 minutes ago
Pankaj and Radhika Oswal and US company Apache Corp have settled their part of a mammoth legal case over the sale of the Indian couple's Australian fertiliser business. Pankaj Oswal has been accused of misappropriating more than $150 million in... Read more
11 related stories
6m
NBC Washington
Fact Check: Democratic National Convention Day 3President Barack Obama claimed that under his administration, “we finally began
Fact Check: Democratic National Convention Day 3
NBC Washington / Posted 6 minutes ago
President Barack Obama claimed that under his administration, “we finally began to wean ourselves off foreign oil,” but dependency on imported oil had begun to drop years before he took office. The president repeated a frequent boast that the U.S.... Read more
5 related stories
More