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1m
Fortune
Nokia Union Says Company Could Cut 15,000 Jobs After Buying Alcatel-LucentTelecom network equipment maker Nokia is likely to cut 10,000 to 15,000 jobs gl
Nokia Union Says Company Could Cut 15,000 Jobs After Buying Alcatel-Lucent
Fortune / Posted a minute ago
Telecom network equipment maker Nokia is likely to cut 10,000 to 15,000 jobs globally as part of a cost-cutting program following its acquisition of Franco-American rival Alcatel-Lucent, a Finnish union representative said. Nokia nok kicked off the... Read more
1m
Fortune
EBay is Drastically Expanding StubHub's ReachEBay ebay has bought a Spain-based ticket marketplace called Ticketbis, which i
EBay is Drastically Expanding StubHub's Reach
Fortune / Posted a minute ago
EBay ebay has bought a Spain-based ticket marketplace called Ticketbis, which it will fold into its StubHub business. Ticketbis, which is headquartered in Bilbao, has a presence in 47 countries, and eBay hopes it will help extend StubHub’s reach... Read more
1m
Fortune
Here’s How a Bayer-Monsanto Merger Affects Workers, Farmers, and InvestorsBayer wants to buy Monsanto for $62 billion, hooking up the German chemical and
Here’s How a Bayer-Monsanto Merger Affects Workers, Farmers, and Investors
Fortune / Posted a minute ago
Bayer wants to buy Monsanto for $62 billion, hooking up the German chemical and drug company with the St. Louis-based producer of seeds and weed-killers. The deal would create a global giant in agriculture technology touching much of global food... Read more
2m
SKY News
Spotify Revenues Reach £1.5bn But Loss WidensSpotify, the world's biggest music streaming service, saw revenues surge 80% to
Spotify Revenues Reach £1.5bn But Loss Widens
SKY News / Posted 2 minutes ago
Spotify, the world's biggest music streaming service, saw revenues surge 80% to €1.94bn (£1.5bn) last year but losses deepened as it ploughed money into investments. The company said it had 89 million users by the end of 2015 – up from 60 million a... Read more
8 related stories
4m
Inquirier.net
PSEi bucks regional downturnTHE LOCAL stock barometer firmed up on Tuesday, bucking a regional downturn, as
PSEi bucks regional downturn
Inquirier.net / Posted 4 minutes ago
THE LOCAL stock barometer firmed up on Tuesday, bucking a regional downturn, as investors selectively picked up stocks following last week’s bloodbath. The main-share Philippine Stock Exchange index recouped 50.03 points or 0.69 percent to close at... Read more
4m
The Florida Times-Union
Ga. Ports Authority approves first $7.5 million for Jasper seaportSAVANNAH | The Georgia Ports Authority approved $7.5 million Monday for the fir
Ga. Ports Authority approves first $7.5 million for Jasper seaport
The Florida Times-Union / Posted 4 minutes ago
SAVANNAH | The Georgia Ports Authority approved $7.5 million Monday for the first big steps toward building a new seaport terminal on the Savannah River, to be operated jointly with South Carolina. Both states have spent years discussing, studying... Read more
11 related stories
6m
The Star
Star Media Group’s event segment records double digit revenue growthPETALING JAYA: Star Media Group Bhd’s event, exhibition, interior and thematic
Star Media Group’s event segment records double digit revenue growth
The Star / Posted 6 minutes ago
PETALING JAYA: Star Media Group Bhd’s event, exhibition, interior and thematic segment saw a 10.3% increase in revenue in the first quarter this year, marking another milestone of it being a significant contributor to the media group. The event,... Read more
6m
The Star
Pos Malaysia uncovers prepaid envelope scamSHAH ALAM: A call from a member of the public demanding to know why Pos Laju pr
Pos Malaysia uncovers prepaid envelope scam
The Star / Posted 6 minutes ago
SHAH ALAM: A call from a member of the public demanding to know why Pos Laju prepaid envelopes sold online were cheaper than those bought at postal outlets led the authorities to uncover a scam that could have cost Pos Malaysia substantial losses if... Read more
6m
Market Watch
U.K. misses borrowing goal by £4 billionLONDON--U.K. treasury chief George Osborne overshot his fiscal-year borrowing f
U.K. misses borrowing goal by £4 billion
Market Watch / Posted 6 minutes ago
LONDON--U.K. treasury chief George Osborne overshot his fiscal-year borrowing forecast by more than first thought, according to fresh official estimates Tuesday, putting his goal of closing Britain's budget deficit further out of reach. The Office... Read more
6m
Market Watch
Donald Trump and Bernie Sanders hate my new kitchenIf they believe what they say in public, Donald Trump and Bernie Sanders should
Donald Trump and Bernie Sanders hate my new kitchen
Market Watch / Posted 6 minutes ago
If they believe what they say in public, Donald Trump and Bernie Sanders should hate my new kitchen. After all, my wife and I spent about 17% of the project on stuff made outside the U.S. But whether the protectionist champions of the two major... Read more
6m
Market Watch
What’s next for the longest stock market correction in history?CHAPEL HILL, N.C. (MarketWatch) — Some investors and pundits are commemorating
What’s next for the longest stock market correction in history?
Market Watch / Posted 6 minutes ago
CHAPEL HILL, N.C. (MarketWatch) — Some investors and pundits are commemorating the one-year anniversary of the May 2015 record high in U.S. stocks by noting that the market is only a couple percent below it. Their implication is that the bull market... Read more
6m
Market Watch
Eurozone debt crisis isn’t Italy’s biggest worryThe eurozone debt crisis has taken a heavy toll on Italy. The country’s economy
Eurozone debt crisis isn’t Italy’s biggest worry
Market Watch / Posted 6 minutes ago
The eurozone debt crisis has taken a heavy toll on Italy. The country’s economy has shrunk by around 10% since 2007, marked by a triple-dip recession. Output has regressed to levels not seen in more than a decade. Overall unemployment is around... Read more
6m
Market Watch
European stocks turn higher, led by gains for banksEuropean stocks pushed higher Tuesday, staging a turnaround as financial shares
European stocks turn higher, led by gains for banks
Market Watch / Posted 6 minutes ago
European stocks pushed higher Tuesday, staging a turnaround as financial shares advanced. “It’s a pretty strong move over a short period of time, so it may not have legs,” said Augustin Eden, market analyst at Accendo Markets. Eden noted stocks... Read more
6m
Market Watch
U.K. outstanding property debt returns to growthA rise in U.K. commercial real-estate lending last year has pushed the total am
U.K. outstanding property debt returns to growth
Market Watch / Posted 6 minutes ago
A rise in U.K. commercial real-estate lending last year has pushed the total amount of outstanding property debt higher for the first time since 2008. The total amount of debt secured against U.K. property was GBP168.4 billion ($244.7 billion) at... Read more
6m
Market Watch
Toll Brothers profit jumps in second quarter, beating viewsHouse-builder Toll Brothers Inc. TOL, -1.70% on Tuesday said profit for the fis
Toll Brothers profit jumps in second quarter, beating views
Market Watch / Posted 6 minutes ago
House-builder Toll Brothers Inc. TOL, -1.70% on Tuesday said profit for the fiscal second quarter rose to $89.1 million, or 51 cents a share, from $67.9 million, or 37 cents a share, in the year-ago period. Revenue climbed to $1.12 billion, up 31%... Read more
6m
Market Watch
German economic sentiment unexpectedly drops in MayA key survey of German economic sentiment pulled lower in May, with respondents
German economic sentiment unexpectedly drops in May
Market Watch / Posted 6 minutes ago
A key survey of German economic sentiment pulled lower in May, with respondents pointing in part to the upcoming U.K. referendum on whether Britain should exit as a member of the European Union. The ZEW Institute's indicator of economic sentiment,... Read more
2 related stories
6m
Market Watch
Alfa Romeo, Maserati head Wester to step downMILAN--Fiat Chrysler Automobiles NV FCAU, -5.11% said Harald Wester would step
Alfa Romeo, Maserati head Wester to step down
Market Watch / Posted 6 minutes ago
MILAN--Fiat Chrysler Automobiles NV FCAU, -5.11% said Harald Wester would step down as the head of the Alfa Romeo and Maserati brands while remaining the automotive group's chief technology officer. Reid Bigland, the head of sales in the U.S. and... Read more
6m
The Irish Times
More challenges than cheer for Apple chief on Asia tourWith slowing iPhone sales in China, Apple is having to take India more seriousl
More challenges than cheer for Apple chief on Asia tour
The Irish Times / Posted 6 minutes ago
With slowing iPhone sales in China, Apple is having to take India more seriously, but investors hoping for a stock price fillip from CEO Tim Cook’s week-long Asia trip instead were given a taste of the daunting challenges that lie ahead. The second... Read more
25 related stories
6m
The Irish Times
German economy expands at fastest pace in two yearsA surge in investment propelled German economic growth to its fastest pace in t
German economy expands at fastest pace in two years
The Irish Times / Posted 6 minutes ago
A surge in investment propelled German economic growth to its fastest pace in two years in the first quarter as mild winter weather encouraged construction. Building activity jumped 2.3 per cent at the start of the year, driving up capital... Read more
7m
Salon.com
Obama’s Hiroshima trip parachutes him into history disputesHANOI, Vietnam (AP) — By visiting Hiroshima, Barack Obama parachutes himself in
Obama’s Hiroshima trip parachutes him into history disputes
Salon.com / Posted 7 minutes ago
HANOI, Vietnam (AP) — By visiting Hiroshima, Barack Obama parachutes himself into a seemingly endless dispute among key U.S. allies and trading partners over World War II. In Tokyo’s decades-long tug-of-war over history with its neighbors China and... Read more
91 related stories
8m
The Financial Express
10 stocks to consider for your portfolio post their Q4 resultsQ4 earnings: Profits, for a clutch of 686 companies (excluding banks and financ
10 stocks to consider for your portfolio post their Q4 results
The Financial Express / Posted 8 minutes ago
Q4 earnings: Profits, for a clutch of 686 companies (excluding banks and financials, Cairn and Vedanta), in the three months to March, have risen 27 per cent year-on-year, thanks to a near 400 basis points drop in the share of raw materials to sales... Read more
120 related stories
8m
The Financial Express
Indonesia eases foreign ownership in “Big-Bang” economic liberalisationThe liberalisation is part of Widodo’s strategy to expand the manufacturing and
Indonesia eases foreign ownership in “Big-Bang” economic liberalisation
The Financial Express / Posted 8 minutes ago
The liberalisation is part of Widodo’s strategy to expand the manufacturing and tourism sectors in Southeast Asia’s largest economy. Indonesia has issued new regulations opening dozens of business sectors to foreign investors, a measure described by... Read more
9m
Canberra Times
ANZ traders admit BBSW a measure of who has the 'bigger b.lls'ANZ's top traders privately admitted the bank bill swap rate reflected "who has
ANZ traders admit BBSW a measure of who has the 'bigger b.lls'
Canberra Times / Posted 9 minutes ago
ANZ's top traders privately admitted the bank bill swap rate reflected "who has the bigger b.lls" rather than the true state of the market and suspected rival banks shifted the rate to increase their bonuses. The admissions are included in... Read more
4 related stories
10m
Scotsman
Clydesdale hails ‘strong momentum’ despite profits dip CYBG chief executive David Duffy. Picture: Robert Perry The parent company of
Clydesdale hails ‘strong momentum’ despite profits dip
Scotsman / Posted 10 minutes ago
CYBG chief executive David Duffy. Picture: Robert Perry The parent company of Clydesdale Bank has revealed a dip in first-half earnings but insisted the business enjoyed “strong... Read more
10m
Rappler
ABS-CBN unit, Western Union form strategic allianceSTRATEGIC ALLIANCE. The offer is open to all consumers in participating countri
ABS-CBN unit, Western Union form strategic alliance
Rappler / Posted 10 minutes ago
STRATEGIC ALLIANCE. The offer is open to all consumers in participating countries who send money to the Philippines through Western Union or Vigo MANILA, Philippines – A unit of ABS-CBN Corporation inked a 3-month contract with New York Stock... Read more
12m
Business Standard India
Skipper's poised for robust growthSkipper, the power transmission and distribution (T&D) structure manufacturer,
Skipper's poised for robust growth
Business Standard India / Posted 12 minutes ago
Skipper, the power transmission and distribution (T&D) structure manufacturer, is well placed to benefit from the increasing need for T&D infrastructure in the country. Its capacity expansions in PVC pipes is likely to fuel growth further. The... Read more
12m
Business Standard India
Sundaram Brake Linings zooms 20% on robust Q4 resultsThe stock is up 20% to Rs 288 after posting profit of Rs 2.6 crore against a lo
Sundaram Brake Linings zooms 20% on robust Q4 results
Business Standard India / Posted 12 minutes ago
The stock is up 20% to Rs 288 after posting profit of Rs 2.6 crore against a loss of Rs 8.4 crore in March quarter Sundaram Brake Linings is locked in upper circuit of 20% at Rs 288 on the BSE... Read more
12m
Business Standard India
What's ailing GSPC: 5 challenges faced by the PSUAlso, the Congress has sought a judicial probe into alleged irregularities of R
What's ailing GSPC: 5 challenges faced by the PSU
Business Standard India / Posted 12 minutes ago
Also, the Congress has sought a judicial probe into alleged irregularities of Rs 20,000 crore in the GSPC Gujarat State Petroleum Corporation Limited's (GSPC's) struggles continue as it is yet to... Read more
12m
Business Standard India
Mahindra incorporates Trringo as wholly-owned subsidiary"Trringo.Com is incorporated as a wholly-owned subsidiary of M&M with an initia
Mahindra incorporates Trringo as wholly-owned subsidiary
Business Standard India / Posted 12 minutes ago
"Trringo.Com is incorporated as a wholly-owned subsidiary of M&M with an initial subscription of 50,000 shares of Rs 10 each aggregating Rs 5 lakh," the Mumbai-based utility vehicle major said in a regulatory filing. An organised farm equipment... Read more
12m
Business Standard India
We are looking for acquistions in the US: Cadila CMDAhmedabad-based pharma major Cadila Healthcare which covered a long journey fro
We are looking for acquistions in the US: Cadila CMD
Business Standard India / Posted 12 minutes ago
Ahmedabad-based pharma major Cadila Healthcare which covered a long journey from being a Rs 250-crore company in 1995 to the Rs 9,800-crore behemoth that it is today. The company feels that the road ahead lies in biosimilars. Talking to Sohini Das,... Read more
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