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Market Watch
Nintendo swings to loss, with Pokémon Go effect to come laterNintendo Co. reported Wednesday a net loss of ¥24.5 billion ($234.2 million) du
Nintendo swings to loss, with Pokémon Go effect to come later
Market Watch / Posted moments ago
Nintendo Co. reported Wednesday a net loss of ¥24.5 billion ($234.2 million) during the first fiscal quarter due to sluggish sales of videogame consoles and a strong yen. The loss was partly due to the yen, which strengthened sharply in the latest... Read more
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The Irish Times
Central Bank says Ireland particularly exposed to BrexitBrexit has created a “particular exposure” for the Irish economy, according to
Central Bank says Ireland particularly exposed to Brexit
The Irish Times / Posted moments ago
Brexit has created a “particular exposure” for the Irish economy, according to the Central Bank, which has cut its growth forecasts for this year and next. It now expects GDP growth of 4.9 per cent this year, down 0.2 of a percentage point on its... Read more
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The Irish Times
UK GDP picks up pace in second quarterThe UK economy picked up pace in the second quarter of this year following a ro
UK GDP picks up pace in second quarter
The Irish Times / Posted moments ago
The UK economy picked up pace in the second quarter of this year following a robust performance from industrial production and the services sector. The Office for National Statistics (ONS) said gross domestic product (GDP) grew by 0.6 per cent in... Read more
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Market Watch
Why currency wars will cause the world more financial painThe currency wars raging across global markets are entering a more dangerous ph
Why currency wars will cause the world more financial pain
Market Watch / Posted moments ago
The currency wars raging across global markets are entering a more dangerous phase. Japan and Europe are likely to further ease monetary policy in an attempt to weaken their currencies to address the lack of growth and low inflation. China,... Read more
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Market Watch
Why low-volatility ETFs are now a high-stakes gambleWall Street is doing a booming business with investors who want to avoid the ji
Why low-volatility ETFs are now a high-stakes gamble
Market Watch / Posted moments ago
Wall Street is doing a booming business with investors who want to avoid the jitters brought on by a rocky stock market. So booming, in fact, that the performance and purpose of low-volatility investments now pose the very risks they were meant to... Read more
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Market Watch
Commodity stocks are back this time — reallyIt has been quite a run for commodity stocks in 2016. While the resurgence for
Commodity stocks are back this time — really
Market Watch / Posted moments ago
It has been quite a run for commodity stocks in 2016. While the resurgence for commodity stocks easily could have been written off as simply a dead-cat bounce this spring, the continued outperformance of miners and frackers since then seems to hint... Read more
1m
Market Watch
European stocks gain as French shares pop higher, but Deutsche Bank fallsEuropean stocks pushed higher Wednesday, with surges in shares of French firms
European stocks gain as French shares pop higher, but Deutsche Bank falls
Market Watch / Posted moments ago
European stocks pushed higher Wednesday, with surges in shares of French firms LVMH Moët Hennessy Louis Vuitton and Peugeot SA helping to offset a drop in Deutsche Bank AG shares after the German lender’s profit plunged. The Federal Reserve after... Read more
1m
Market Watch
U.K. economic growth picked up pace ahead of Brexit referendumU.K. economic growth accelerated in the second quarter, according to a prelimin
U.K. economic growth picked up pace ahead of Brexit referendum
Market Watch / Posted moments ago
U.K. economic growth accelerated in the second quarter, according to a preliminary estimate Wednesday, a sign the economy remained robust ahead of the nation’s referendum on membership of the European Union. The Office for National Statistics said... Read more
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Market Watch
Statoil falls to loss, cuts capital expenditureOSLO--Norway's Statoil ASA said Wednesday it would cut capital expenditure by 8
Statoil falls to loss, cuts capital expenditure
Market Watch / Posted moments ago
OSLO--Norway's Statoil ASA said Wednesday it would cut capital expenditure by 8% to $12 billion this year compared with previous guidance, as the oil and gas producer swung to a second-quarter net loss on the year amid weak prices and low refining... Read more
1m
Market Watch
Peugeot profit more than doubles after cost cutsPARIS--French car maker Peugeot said Wednesday its net profit more than doubled
Peugeot profit more than doubles after cost cuts
Market Watch / Posted moments ago
PARIS--French car maker Peugeot said Wednesday its net profit more than doubled in the first half of 2016 as the company sharply reduced its costs linked to restructuring charges, taxes and debt. Europe's second-biggest auto maker behind Volkswagen... Read more
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Market Watch
Bull market in U.S. stocks ‘has a long way to go’In the midst of winter’s gloom, when U.S. stocks looked like they had nowhere t
Bull market in U.S. stocks ‘has a long way to go’
Market Watch / Posted moments ago
In the midst of winter’s gloom, when U.S. stocks looked like they had nowhere to go but down, even some bullish market gurus began to doubt that the nearly seven-year-old bull market could continue. “For 2016, I’m calling for 2,350,” he told me in... Read more
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Market Watch
ITV to cut millions in costs after Brexit vote(Rewrites, adds detail.) LONDON--ITV PLC (ITV.LN) on Wednesday said it is shav
ITV to cut millions in costs after Brexit vote
Market Watch / Posted moments ago
(Rewrites, adds detail.) LONDON--ITV PLC (ITV.LN) on Wednesday said it is shaving off tens of millions of dollars of costs across the group following the U.K.'s Brexit vote last month as the broadcaster's profit fell on higher overheads despite... Read more
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Market Watch
Apple’s earnings: Analysts upbeat as ‘toughest two quarters’ now behind itApple Inc. reported a steep slump in revenue and profit on Tuesday, but the sti
Apple’s earnings: Analysts upbeat as ‘toughest two quarters’ now behind it
Market Watch / Posted a minute ago
Apple Inc. reported a steep slump in revenue and profit on Tuesday, but the still-better-than-expected results from the iPhone maker are cheering analysts who see significant growth going forward and are staying upbeat on the stock. Sales of Apple’s... Read more
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Market Watch
Airbus posts $1.1 bln charge from delivery delaysLONDON-- Airbus Group SE on Wednesday reported big charges on two of its larges
Airbus posts $1.1 bln charge from delivery delays
Market Watch / Posted a minute ago
LONDON-- Airbus Group SE on Wednesday reported big charges on two of its largest airplane programs, posted a fall in operating profit and warned that its full-year cash-flow target could be in jeopardy. The European plane maker recorded a EUR1... Read more
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Market Watch
AccorHotels in exclusive talks to buy John PaulPARIS--AccorHotels SA (AC.FR) said Wednesday it has entered into exclusive talk
AccorHotels in exclusive talks to buy John Paul
Market Watch / Posted a minute ago
PARIS--AccorHotels SA (AC.FR) said Wednesday it has entered into exclusive talks to buy concierge service provider John Paul for an enterprise value of close to $150 million, potentially adding to a flurry of acquisitions for the French hotel group... Read more
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Ghanaweb.com
PURC queries power companies over current challengesGeneral News of Wednesday, 27 July 2016 The Public Utilities Regulatory Commis
PURC queries power companies over current challenges
Ghanaweb.com / Posted a minute ago
General News of Wednesday, 27 July 2016 The Public Utilities Regulatory Commission (PURC) yesterday held a crunch meeting with the three power companies to ascertain why power consumers are still experiencing power outages. The meeting, which was... Read more
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Salon.com
Nissan quarterly profit down 11 pct on yen, shrinking salesTOKYO (AP) — Japanese automaker Nissan Motor Co. is reporting a 136.4 billion y
Nissan quarterly profit down 11 pct on yen, shrinking sales
Salon.com / Posted a minute ago
TOKYO (AP) — Japanese automaker Nissan Motor Co. is reporting a 136.4 billion yen ($30.7 million) profit for the fiscal quarter through June, down nearly 11 percent from the same period a year ago, after a mileage testing scandal at its supplier hit... Read more
2m
Salon.com
Deutsche Bank barely ekes out profit in 2nd quarterBERLIN (AP) — Deutsche Bank says its second-quarter profit dropped 98 percent a
Deutsche Bank barely ekes out profit in 2nd quarter
Salon.com / Posted 2 minutes ago
BERLIN (AP) — Deutsche Bank says its second-quarter profit dropped 98 percent as the company pushed ahead with a restructuring effort and uncertainty over events such as Britain’s vote on European Union membership weighed on markets. Germany’s... Read more
6m
Manila Standard Today
Miles to goThe President’s first State of the Nation Address was one whose style my friend
Miles to go
Manila Standard Today / Posted 6 minutes ago
The President’s first State of the Nation Address was one whose style my friend Teddyboy Locsin would likely not praise. But he, and others who prefer some mellifluous cadence in such important speeches, cannot deny that it was packed with... Read more
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Business Standard India
Japan to compile $265 billion stimulus, puts policy pressure on BOJ: AbeThough it is unclear how much will be spent to directly boost growth Japanese
Japan to compile $265 billion stimulus, puts policy pressure on BOJ: Abe
Business Standard India / Posted 6 minutes ago
Though it is unclear how much will be spent to directly boost growth Japanese Prime Minister Shinzo Abe said on Wednesday his government would compile a stimulus package of more... Read more
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Business Standard India
Bajaj Corp to groom personal care segment with new launchesMove comes as larger hair oil category continues to see slowdown pressures as r
Bajaj Corp to groom personal care segment with new launches
Business Standard India / Posted 6 minutes ago
Move comes as larger hair oil category continues to see slowdown pressures as rural and urban growth remain tepid Kushagra Bajaj-led Bajaj Corp, the leader in the light hair oil market with... Read more
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Business Standard India
Apple's net income down 27% in third quarterThe company's shares currently are down 8.2% since the start of the year Apple
Apple's net income down 27% in third quarter
Business Standard India / Posted 6 minutes ago
The company's shares currently are down 8.2% since the start of the year Apple's third-quarter net income plunged 27% to $7.8 billion on a decline of iPhone sales, although it still exceeded Wall Street's... Read more
139 related stories
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Island Packet
Nissan quarterly profit down 11 pct on yen, shrinking salesJapanese automaker Nissan Motor Co. is reporting a 136.4 billion yen ($30.7 mil
Nissan quarterly profit down 11 pct on yen, shrinking sales
Island Packet / Posted 6 minutes ago
Japanese automaker Nissan Motor Co. is reporting a 136.4 billion yen ($30.7 million) profit for the fiscal quarter through June, down nearly 11 percent from the same period a year ago, after a mileage testing scandal at its supplier hit its minicar... Read more
2 related stories
6m
Island Packet
Deutsche Bank barely ekes out profit in 2nd quarterDeutsche Bank says its second-quarter profit dropped 98 percent as the company
Deutsche Bank barely ekes out profit in 2nd quarter
Island Packet / Posted 6 minutes ago
Deutsche Bank says its second-quarter profit dropped 98 percent as the company pushed ahead with a restructuring effort and uncertainty over events such as Britain's vote on European Union membership weighed on markets. Germany's biggest bank said... Read more
6m
Hospitality Net
AccorHotels to acquire John Paul, world leader in the concierge market AccorHotels announces today it has begun exclusive negotiations for the acqui
AccorHotels to acquire John Paul, world leader in the concierge market
Hospitality Net / Posted 6 minutes ago
AccorHotels announces today it has begun exclusive negotiations for the acquisition of John Paul, the leading player in premium customer and employee loyalty services. The... Read more
7m
The Philippine Inquirer
Western Digital announces first 64-layer 3D NAND chipsWESTERN DIGITAL has announced its latest range of 3D NAND chips, known as BiCS3
Western Digital announces first 64-layer 3D NAND chips
The Philippine Inquirer / Posted 7 minutes ago
WESTERN DIGITAL has announced its latest range of 3D NAND chips, known as BiCS3, offering 64 vertical storage layers on a single three-bits-per-cell chip, making it the smallest in the industry. Pilot production at the company's Yokkaichi facility... Read more
6 related stories
10m
Daily Herald
Lower oil prices push Norway's Statoil to Q2 lossCOPENHAGEN, Denmark -- Norwegian oil and gas company Statoil ASA posted a loss
Lower oil prices push Norway's Statoil to Q2 loss
Daily Herald / Posted 10 minutes ago
COPENHAGEN, Denmark -- Norwegian oil and gas company Statoil ASA posted a loss in the second quarter, pushing it to rein in investment this year. The state-controlled company on Wednesday reported a net loss of $302 million, from a profit of $866... Read more
10m
Daily Herald
Deutsche Bank barely ekes out profit in 2nd quarterBERLIN -- Deutsche Bank says its second-quarter profit dropped 98 percent as th
Deutsche Bank barely ekes out profit in 2nd quarter
Daily Herald / Posted 10 minutes ago
BERLIN -- Deutsche Bank says its second-quarter profit dropped 98 percent as the company pushed ahead with a restructuring effort and uncertainty over events such as Britain's vote on European Union membership weighed on markets. Germany's biggest... Read more
11m
The Globe and Mail
Deutsche Bank hopes to settle largest litigation cases in 2016Deutsche Bank hopes to draw a line under its four largest remaining litigation
Deutsche Bank hopes to settle largest litigation cases in 2016
The Globe and Mail / Posted 11 minutes ago
Deutsche Bank hopes to draw a line under its four largest remaining litigation cases this year, it said on Wednesday, as Cryan continues to put a speedy revamp ahead of short-term profit. Among other, the lender wants to settle U.S. investigations... Read more
2 related stories
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New Kerala
We are ready to open retail stores in India: Tim Cook - newkerala.com #96363We are ready to open retail stores in India: Tim Cook Posted 33 minutes ago |
We are ready to open retail stores in India: Tim Cook - newkerala.com #96363
New Kerala / Posted 11 minutes ago
We are ready to open retail stores in India: Tim Cook Posted 33 minutes ago | IANS Washington, July 27 : As the sales of Apple iPhones went through a global slowdown except in India, the Cupertino-based tech giant's CEO Tim Cook has announced to... Read more
139 related stories
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