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NZCity
Trio leads index higher while Tower fallsNew Zealand shares rose, with Chorus, Orion Health Group and Air New Zealand re
Trio leads index higher while Tower falls
NZCity / Posted a minute ago
New Zealand shares rose, with Chorus, Orion Health Group and Air New Zealand recovering losses, while Tower resumed its fall. The S&P/NZX 50 Index gained 37.53 points, or 0.5 per cent, to 7,290.45. Within the index, 22 stocks rose, 15 fell and 13... Read more
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Fortune
Uber Aims to Win Japan's Heart—Through Its StomachUber Technologies on Wednesday said it will launch a food-delivery service in J
Uber Aims to Win Japan's Heart—Through Its Stomach
Fortune / Posted a minute ago
Uber Technologies on Wednesday said it will launch a food-delivery service in Japan as it looks for new ways to enter a potentially massive market where its ride-hailing service has been blocked by regulation and opposition from taxi drivers. The... Read more
1m
Fortune
After a Promising Start, Rolls-Royce's Boss Must Deliver on an Ambitious TurnaroundRolls-Royce rycey boss Warren East has rebuilt confidence in the British engine
After a Promising Start, Rolls-Royce's Boss Must Deliver on an Ambitious Turnaround
Fortune / Posted a minute ago
Rolls-Royce rycey boss Warren East has rebuilt confidence in the British engine-maker, but there are doubts among investors and industry experts about whether his slimmed-down group has the muscle to meet ambitious production and development... Read more
4m
Manila Bulletin
PH slips in Global Competitiveness Report; latest ranking a ‘disappointment’ The slip in the Philippines’ ranking in the Global Competitiveness Index (GCI
PH slips in Global Competitiveness Report; latest ranking a ‘disappointment’
Manila Bulletin / Posted 4 minutes ago
The slip in the Philippines’ ranking in the Global Competitiveness Index (GCI) 2016-2017 of the World Economic Forum (WEF) has been “disappointing” in spite of efforts to... Read more
3 related stories
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Manila Bulletin
SEC approves Shell’s IPOThe Securities and Exchange Commission (SEC) already gave the green light to th
SEC approves Shell’s IPO
Manila Bulletin / Posted 5 minutes ago
The Securities and Exchange Commission (SEC) already gave the green light to the much awaited initial public offering (IPO) of Pilipinas Shell Petroleum Corp., a unit of Royal Dutch Shell Plc., which now intends to raise some P30 billion from the... Read more
5m
The Age
'It makes no sense': ACCC takes swipe at Coles and WoolworthsACCC chairman Rod Sims has taken a swipe at supermarket heavyweights Woolworths
'It makes no sense': ACCC takes swipe at Coles and Woolworths
The Age / Posted 5 minutes ago
ACCC chairman Rod Sims has taken a swipe at supermarket heavyweights Woolworths and Coles and the companies' supporters for criticising planned changes to competition laws saying the arguments against the changes "makes no sense". Mr Sims said... Read more
5m
The Age
ASX largely flat, AGL does heavy liftingAfter a strong start, local shares trimmed early gains to finish mostly flat on
ASX largely flat, AGL does heavy lifting
The Age / Posted 5 minutes ago
After a strong start, local shares trimmed early gains to finish mostly flat on Wednesday, though utilities stocks did their best to keep momentum in the green. Utilities did most of the heavy lifting, buoyed by AGL which surprised investors with a... Read more
2 related stories
5m
Market Watch
TUI says on track for 12-13% FY earnings growth**Fills flashes** LONDON--Travel operator TUI AG (TUI.LN) on Wednesday said it
TUI says on track for 12-13% FY earnings growth
Market Watch / Posted 5 minutes ago
**Fills flashes** LONDON--Travel operator TUI AG (TUI.LN) on Wednesday said it was confident of delivering between 12% and 13% growth in underlying earnings for the year that ends Sept. 30. In August, TUI said it was on track for at least 10%... Read more
5m
The Irish Times
Low rates quickest way to return to normal, says Philip LaneAs economists debate whether current low-interest rates will prompt people to t
Low rates quickest way to return to normal, says Philip Lane
The Irish Times / Posted 5 minutes ago
As economists debate whether current low-interest rates will prompt people to take excessive investment risk and sow the seeds for another crisis, Mr Lane said the more quickly inflation, running at 0.2 per cent in the euro area, returns to the... Read more
6m
The Irish Times
Sainsbury’s posts second consecutive quarterly fall in salesSainsbury’s has posted a second consecutive quarterly fall in sales as it remai
Sainsbury’s posts second consecutive quarterly fall in sales
The Irish Times / Posted 6 minutes ago
Sainsbury’s has posted a second consecutive quarterly fall in sales as it remains under pressure amid the bitter supermarket war and food price deflation. Britain’s second biggest supermarket, which recently completed a £1.4 billion takeover of... Read more
6m
Market Watch
Dollar rises and analysts don’t see a break below ¥100 coming soonThe dollar rose against the yen during Asia trade on Wednesday, supported by bu
Dollar rises and analysts don’t see a break below ¥100 coming soon
Market Watch / Posted 6 minutes ago
The dollar rose against the yen during Asia trade on Wednesday, supported by buying from Japanese market participants ahead of their interim book closing. Ahead of Japan’s Sept. 30 interim book closing for the fiscal year, the greenback gained in... Read more
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The Irish Times
Origin Enterprises posts 25.7% drop in pre-tax profitsPre-tax profits at agri-services group Origin Enterprises fell by 25.7 per cent
Origin Enterprises posts 25.7% drop in pre-tax profits
The Irish Times / Posted 6 minutes ago
Pre-tax profits at agri-services group Origin Enterprises fell by 25.7 per cent to €65.5 million in the 12 months to the end of July as adverse weather and weak farm income made for a difficult trading environment. Revenue grew by 4.3 per cent to... Read more
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The Irish Times
Doheny & Nesbitt sees accumulated profit reach €2.83mLandmark Dublin pub Doheny & Nesbitt, a favourite haunt for politicians seeking
Doheny & Nesbitt sees accumulated profit reach €2.83m
The Irish Times / Posted 6 minutes ago
Landmark Dublin pub Doheny & Nesbitt, a favourite haunt for politicians seeking refuge from Leinster House, saw strong trading last year, newly filed abridged accounts for its parent Swigmore Inns Limited reveal. Owned by publicans Tom and Paul... Read more
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The Irish Times
Market nervous as Noonan eyes tax avoidance structuresThe message to overseas property investors at the height of the financial crisi
Market nervous as Noonan eyes tax avoidance structures
The Irish Times / Posted 6 minutes ago
The message to overseas property investors at the height of the financial crisis was simple: come for the rock-bottom prices, stay for the tax breaks. Now, as a fragile minority Government faces a battle getting its first budget over the line,... Read more
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Market Watch
Wells Fargo to drop retail sales goals on Oct. 1WASHINGTON -- Wells Fargo & Co. plans to eliminate sales goals for employees of
Wells Fargo to drop retail sales goals on Oct. 1
Market Watch / Posted 6 minutes ago
WASHINGTON -- Wells Fargo & Co. plans to eliminate sales goals for employees of its retail banking business on Oct. 1, three months earlier than originally planned, Chief Executive John Stumpf is planning to say in congressional testimony... Read more
173 related stories
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Market Watch
Smiths Group pretax profit rises 6.5%LONDON--Smiths Group PLC (SMIN.LN) Wednesday posted a marginal drop in fiscal 2
Smiths Group pretax profit rises 6.5%
Market Watch / Posted 6 minutes ago
LONDON--Smiths Group PLC (SMIN.LN) Wednesday posted a marginal drop in fiscal 2016 adjusted operating profit, in line with its previous guidance, noting little change in business conditions so far this fiscal year. The company recorded adjusted... Read more
6m
Market Watch
SSE sees return to growth in 2017; backs goalsLONDON--SSE PLC (SSE.LN) said on Wednesday it expects to return to growth in fi
SSE sees return to growth in 2017; backs goals
Market Watch / Posted 6 minutes ago
LONDON--SSE PLC (SSE.LN) said on Wednesday it expects to return to growth in fiscal 2017 and report underlying earnings per share of at least 120 pence, adding that it is going to meet its main financial objectives for the full year, including... Read more
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Market Watch
Sainsbury's comparable sales fall 1.1%LONDON--J Sainsbury PLC (SBRY.LN), the U.K.'s second-biggest supermarket by mar
Sainsbury's comparable sales fall 1.1%
Market Watch / Posted 6 minutes ago
LONDON--J Sainsbury PLC (SBRY.LN), the U.K.'s second-biggest supermarket by market share, on Wednesday reported a fall in second- quarter comparable sales as food prices continue to drop. Comparable sales for the 16 weeks ended September 24 fell by... Read more
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Market Watch
RBS pays $1.1 billion to settle lawsuits in U.S.LONDON-- Royal Bank of Scotland Group PLC has agreed to pay $1.1 billion to a U
RBS pays $1.1 billion to settle lawsuits in U.S.
Market Watch / Posted 6 minutes ago
LONDON-- Royal Bank of Scotland Group PLC has agreed to pay $1.1 billion to a U.S. regulator to resolve two civil lawsuits over the way it sold mortgage-backed securities in the run-up to the financial crisis. The U.K. lender said the settlement... Read more
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Market Watch
AB InBev shares halted in JohannesburgLONDON--The Johannesburg Stock Exchange has halted trading in Anheuser-Busch In
AB InBev shares halted in Johannesburg
Market Watch / Posted 6 minutes ago
LONDON--The Johannesburg Stock Exchange has halted trading in Anheuser-Busch InBev NV (ABI.BT) shares ahead of a shareholder meeting to approve its $100 billion-plus megamerger with rival SABMiller PLC (SAB.JO) later this morning. AB InBev shares... Read more
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Market Watch
AA swings to pretax profit on smaller costsLONDON--AA PLC (AA.LN) swung to a half-year pretax profit on Wednesday after bo
AA swings to pretax profit on smaller costs
Market Watch / Posted 6 minutes ago
LONDON--AA PLC (AA.LN) swung to a half-year pretax profit on Wednesday after booking smaller costs, and said trading is in line with expectations and that the transformation of the business is on track. The roadside assistance service company also... Read more
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Market Watch
5 reasons Merkel needs to rescue Deutsche Bank right nowLONDON (MarketWatch) — Is German Chancellor Angela Merkel secretly working for
5 reasons Merkel needs to rescue Deutsche Bank right now
Market Watch / Posted 6 minutes ago
LONDON (MarketWatch) — Is German Chancellor Angela Merkel secretly working for a hedge fund on the side? That might sound far-fetched. But it is at least less worrying than the alternative explanation — which is that Merkel has no idea how the... Read more
28 related stories
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Sydney Morning Herald
ASX largely flat, AGL does heavy liftingAfter a strong start, local shares trimmed early gains to finish mostly flat on
ASX largely flat, AGL does heavy lifting
Sydney Morning Herald / Posted 6 minutes ago
After a strong start, local shares trimmed early gains to finish mostly flat on Wednesday, though utilities stocks did their best to keep momentum in the green. Utilities did most of the heavy lifting, buoyed by AGL which surprised investors with a... Read more
2 related stories
9m
Canberra Times
Shareholders reject AGL boss' mega-million pay chequeUtilities provider AGL has told its shareholders that it trains its army of pho
Shareholders reject AGL boss' mega-million pay cheque
Canberra Times / Posted 9 minutes ago
Utilities provider AGL has told its shareholders that it trains its army of phone operators both to sell electricity and gas as well as assess customers for signs of domestic abuse. Call centre staff are taught to look for key phrases while talking... Read more
7 related stories
9m
Canberra Times
ASX largely flat, AGL does heavy liftingAfter a strong start, local shares trimmed early gains to finish mostly flat on
ASX largely flat, AGL does heavy lifting
Canberra Times / Posted 9 minutes ago
After a strong start, local shares trimmed early gains to finish mostly flat on Wednesday, though utilities stocks did their best to keep momentum in the green. Utilities did most of the heavy lifting, buoyed by AGL which surprised investors with a... Read more
2 related stories
10m
Scotsman
RBS to pay out £846m over toxic mortgage securitiesRoyal Bank of Scotland has agreed to pay $1.1 billion (£846 million) to settle
RBS to pay out £846m over toxic mortgage securities
Scotsman / Posted 10 minutes ago
Royal Bank of Scotland has agreed to pay $1.1 billion (£846 million) to settle two lawsuits in the US over the sale of toxic residential mortgage-backed securities. The state-backed lender said the settlement, over claims made on behalf of the US... Read more
12m
Business Standard India
Gold hits one-week low as dollar firmsSpot gold fell 0.2 per cent to $1,324.71 an ounce whereas, US gold futures ease
Gold hits one-week low as dollar firms
Business Standard India / Posted 12 minutes ago
Spot gold fell 0.2 per cent to $1,324.71 an ounce whereas, US gold futures eased 0.1 per cent to $1,328.50 an ounce Gold inched lower on Wednesday to touch a one-week low, after suffering its biggest single-day... Read more
2 related stories
12m
Business Standard India
Endurance Tech sets price band for up to $175 million IPOThe share sale will begin on October 5 and run until October 7 Endurance Techn
Endurance Tech sets price band for up to $175 million IPO
Business Standard India / Posted 12 minutes ago
The share sale will begin on October 5 and run until October 7 Endurance Technologies, an Indian auto parts maker, has set a price band of 467-472 rupees a share for its initial public... Read more
12m
Business Standard India
Fare war hurts Air India as it posts Rs 246 crore operating loss in Q1Airline management targets revenue growth with new flights A sharp drop in dom
Fare war hurts Air India as it posts Rs 246 crore operating loss in Q1
Business Standard India / Posted 12 minutes ago
Airline management targets revenue growth with new flights A sharp drop in domestic yield (average revenue per passenger) resulted in Air India posting Rs 246 crore operating loss... Read more
12m
Business Standard India
Manpasand Beverages gains after opening of QIPThus far in 2016, the stock rallied 49% as compared to 8% rise in the S&P BSE S
Manpasand Beverages gains after opening of QIP
Business Standard India / Posted 12 minutes ago
Thus far in 2016, the stock rallied 49% as compared to 8% rise in the S&P BSE Sensex The company intends to use the net proceeds inter alia for, enhancing company’s competitiveness by investing in growth... Read more
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