Business

Top stories

More

Latest stories

2m
San Francisco Chronicle
Eurozone companies hiring at fastest pace in over a decadeLONDON (AP) — Companies in the eurozone are hiring at the fastest pace in over
San Francisco Chronicle / Posted 2 minutes ago
LONDON (AP) — Companies in the eurozone are hiring at the fastest pace in over a decade, according to a closely-watched survey of business activity published Tuesday. The purchasing managers' index, a gauge of activity in the services and... Read more
3m
WTKR Norfolk
Made in America: Dollar TreeMIAMI, FL - JULY 28: A Dollar Tree store is seen on July 28, 2014 in Miami, Flo
WTKR Norfolk / Posted 3 minutes ago
MIAMI, FL - JULY 28: A Dollar Tree store is seen on July 28, 2014 in Miami, Florida. Dollar Tree announced it will buy Family Dollar Stores for about $8.5 billion in cash and stock. (Photo by Joe Raedle/Getty Images) MIAMI, FL - JULY 28: A Dollar... Read more
3m
Rapid City Journal
Eurozone companies hiring at fastest pace in over a decadeThe purchasing managers' index, a gauge of activity in the services and manufac
Rapid City Journal / Posted 3 minutes ago
The purchasing managers' index, a gauge of activity in the services and manufacturing sectors by IHS Markit, edged down to 55.9 points in October from 56.7 in September. The index is on a 100-point scale, with anything above 50 indicating grow... Read more
6 related articles
4m
Boston Globe
Shortage of homes for sale drives up pricesA shortage of houses for sale continues to drive home prices upward in Massachu
Boston Globe / Posted 4 minutes ago
A shortage of houses for sale continues to drive home prices upward in Massachusetts. The median price of a single-family house jumped 8 percent in September, compared to last year, to $380,000, according to figures out Tuesday from the... Read more
5m
The Middletown Press
Eurozone economy keeps up strong momentum toward year-endLONDON (AP) — A survey shows that business activity grew at a high rate in the
The Middletown Press / Posted 5 minutes ago
LONDON (AP) — A survey shows that business activity grew at a high rate in the 19-country eurozone economy at the start of the final quarter of the year. The purchasing managers' index, a gauge of activity in the services and manufacturing sectors... Read more
6 related articles
5m
Geelong Advertiser
Saudi PIF commits $US20b to $US50b fundSaudi Arabia's Public Investment Fund (PIF), the country's main sovereign wealt
Geelong Advertiser / Posted 5 minutes ago
Saudi Arabia's Public Investment Fund (PIF), the country's main sovereign wealth fund, will contribute $US20 billion ($A26 billion) to a $US50 billion ($A64 billion) fund with US private equity firm Blackstone. The fund will invest in "conventional... Read more
4 related articles
9m
CBC.ca
Top executives play blame game over Sears Canada's demiseSears Canada may be over, but the mudslinging over who brought it down has just
CBC.ca / Posted 9 minutes ago
Sears Canada may be over, but the mudslinging over who brought it down has just begun. Majority shareholder Eddie Lampert fired the latest shot in a blog on Sunday. If Sears Canada had adopted a less risky reinvention strategy, it could have avoided... Read more
9m
CBC.ca
Rosy economic picture in fall update will give Liberals a chance to crowFinance Minister Bill Morneau hasn't had a lot of wins lately, but today's fall
CBC.ca / Posted 9 minutes ago
Finance Minister Bill Morneau hasn't had a lot of wins lately, but today's fall economic update could be an opportunity to bask in the glory of a healthy Canadian economy. With unemployment down and GDP growing, the Liberals could take credit for a... Read more
10m
The Bismarck Tribune
Eurozone economy keeps up strong momentum toward year-endThe purchasing managers' index, a gauge of activity in the services and manufac
The Bismarck Tribune / Posted 10 minutes ago
The purchasing managers' index, a gauge of activity in the services and manufacturing sectors published Tuesday by IHS Markit, was at 55.9 points in October, down slightly from 56.7 in September. The index is on a 100-point scale, with anything above... Read more
6 related articles
11m
asianage
SBI's profit, capital hinge on NPA resolution: Moody'sNew Delhi: The ongoing rounds of non performing loan resolutions initiated by t
asianage / Posted 11 minutes ago
New Delhi: The ongoing rounds of non performing loan resolutions initiated by the Reserve Bank of India hold the key to the State Bank of India's credit profile, said Moody's Investors Service. "The resultant haircut on SBI's assets will likely show... Read more
12m
AllAfrica.com
Nyusi Urges Investment in InnovationMaputo — Mozambican President Filipe Nyusi on Monday urged African governments
AllAfrica.com / Posted 12 minutes ago
Maputo — Mozambican President Filipe Nyusi on Monday urged African governments to invest in education, innovation and information and communication technologies (ICTs) to ensure that all countries can become important actors in the global knowledge... Read more
12m
AllAfrica.com
Has Enough Been Done for Housing Affordability?The recent revision of the terms and conditions for CABS' Budiriro high density
AllAfrica.com / Posted 12 minutes ago
The recent revision of the terms and conditions for CABS' Budiriro high density housing projects to increase uptake is ample evidence that housing affordability remains an issue in Zimbabwe. The relaxation of terms and conditions saw home seekers... Read more
12m
AllAfrica.com
"noticias" Group in Deep Financial CrisisMaputo — The company Sociedade Noticias, which publishes Mozambique's main dail
AllAfrica.com / Posted 12 minutes ago
Maputo — The company Sociedade Noticias, which publishes Mozambique's main daily paper “Noticias”, and its sister publications, the Sunday paper “Domingo” and the sports weekly “Desafio”, is effectively bankrupt, according to the company report and... Read more
12m
AllAfrica.com
Looming Risks as Kenya, Tanzania Debt Levels on the RiseKenya took on more than $7.6 billion in debt over the past year to June 2017 as
AllAfrica.com / Posted 12 minutes ago
Kenya took on more than $7.6 billion in debt over the past year to June 2017 as the country faced low growth prospects as a result of drought and a political impasse. In the same period, Tanzania's debt rose by $1.12 billion. The country's external... Read more
12m
AllAfrica.com
Ketraco Fibre-Optic Cable to Go CommercialPower utility firm Kenya Electricity Transmission Company (Ketraco) has entered
AllAfrica.com / Posted 12 minutes ago
Power utility firm Kenya Electricity Transmission Company (Ketraco) has entered into a 10-year partnership with Liquid Telecom to operate its fibre-optic cable. The state-owned company is commercialising its fibre-optic infrastructure with the aim... Read more
12m
AllAfrica.com
Land Developer to Gross U.S.$20 Million From ChizhanjeLand developer, Shelter Zimbabwe, has started selling residential stands at its
AllAfrica.com / Posted 12 minutes ago
Land developer, Shelter Zimbabwe, has started selling residential stands at its Chizhanje housing project in Mabvuku, which is expected to gross close to $20 million from stands to be sold. The project, which has 1 800 units, is a joint venture... Read more
12m
AllAfrica.com
Kenyans Face Higher Bills Over U.S.$54 Million Fine in Stalled Wind Power Line ProjectState-owned power utility Kenya Electricity Transmission Company (Ketraco) is i
AllAfrica.com / Posted 12 minutes ago
State-owned power utility Kenya Electricity Transmission Company (Ketraco) is in trouble over negligence in the award of a major contract, exposing taxpayers to a $54.2 million fine. Ketraco awarded Spanish firm Isolux Ingeneria SA the contract to... Read more
12m
AllAfrica.com
It's Sh7.7 Billion Per Kilometre for New JKIA RunwayA new 4.8-kilometre runway that can handle larger aircraft is set to be built a
AllAfrica.com / Posted 12 minutes ago
A new 4.8-kilometre runway that can handle larger aircraft is set to be built at the Jomo Kenyatta International Airport. The runway, which will be 75 metres wide, is significantly better than the current one that is 4.2 kilometres long and 60... Read more
12m
Weekly Times
Saudi PIF commits $US20b to $US50b fundSaudi Arabia's Public Investment Fund (PIF), the country's main sovereign wealt
Weekly Times / Posted 12 minutes ago
Saudi Arabia's Public Investment Fund (PIF), the country's main sovereign wealth fund, will contribute $US20 billion ($A26 billion) to a $US50 billion ($A64 billion) fund with US private equity firm Blackstone. The fund will invest in "conventional... Read more
4 related articles
13m
The Courier Mail
Vocus chairman sorry for 'unpleasant' yearVocus chairman Vaughan Bowen has apologised to the data network company's share
The Courier Mail / Posted 13 minutes ago
Vocus chairman Vaughan Bowen has apologised to the data network company's shareholders for what he says was "not a good year". Mr Bowen described 2016/17 as an "exceptionally intense" and "unpleasant period" after management changes, an earnings... Read more
8 related articles
13m
The Courier Mail
'Shocked' Lew takes aim at Myer boardSolomon Lew has launched a new attack on the board of Myer and called on shareh
The Courier Mail / Posted 13 minutes ago
Solomon Lew has launched a new attack on the board of Myer and called on shareholders to help him oust the department store's directors at next month's annual general meeting. Citing a falling share price, failing customer service and poor... Read more
27 related articles
13m
The Courier Mail
Shares extend gain as A2 hits new recordNew Zealand shares eked out another gain on Tuesday as the market digested the
The Courier Mail / Posted 13 minutes ago
New Zealand shares eked out another gain on Tuesday as the market digested the details of the governing deals made by the incoming Labour government. A2 Milk hit a fresh record while retirement village stocks fell. The S&P/NZX50 Index edged up 0.55... Read more
2 related articles
13m
The Courier Mail
Kiwi falls after coalition details emergeThe New Zealand dollar fell on Tuesday after government policy details emerged
The Courier Mail / Posted 13 minutes ago
The New Zealand dollar fell on Tuesday after government policy details emerged in Labour's coalition agreement between Labour and NZ First and the confidence and supply deal with the Greens. The kiwi slipped to US69.44c as at 5pm from US69.61c as at... Read more
2 related articles
13m
The Courier Mail
Saudi PIF commits $US20b to $US50b fundSaudi Arabia's Public Investment Fund (PIF), the country's main sovereign wealt
The Courier Mail / Posted 13 minutes ago
Saudi Arabia's Public Investment Fund (PIF), the country's main sovereign wealth fund, will contribute $US20 billion ($A26 billion) to a $US50 billion ($A64 billion) fund with US private equity firm Blackstone. The fund will invest in "conventional... Read more
4 related articles
13m
Hindustantimes.com
US looks forward to completing Sea Guardian deal with India, says officialThe major decision to sell unarmed Sea Guardian drones was announced during the
Hindustantimes.com / Posted 13 minutes ago
The major decision to sell unarmed Sea Guardian drones was announced during the summit meeting between Prime Minister Narendra Modi and President Donald Trump on June 26. The US “looks forward to completing the deal for transferring Sea Guardian... Read more
6 related articles
13m
The Courier Mail
'Erosion in standards' forced APRA to actAustralian Prudential Regulatory Authority chairman Wayne Byres says the bankin
The Courier Mail / Posted 13 minutes ago
Australian Prudential Regulatory Authority chairman Wayne Byres says the banking regulator was forced to rein in lending to property investors because of "an erosion in standards" in the mortgage market. Alarmed by soaring household debt and... Read more
14m
Reuters
Dismantling of NAFTA would prompt S&P to revisit Mexico ratingLONDON (Reuters) - S&P Global Ratings would reassess Mexico’s sovereign credit
Reuters / Posted 14 minutes ago
LONDON (Reuters) - S&P Global Ratings would reassess Mexico’s sovereign credit rating if the North American Free Trade Agreement (NAFTA) is “materially dismantled”, the ratings agency said on Tuesday, whilst stressing this was not its base case. S&P... Read more
14m
Reuters
Russia holds spot as China's top oil supplier for seventh month: customsBEIJING (Reuters) - Russia held on to its position as China’s top crude oil sup
Reuters / Posted 14 minutes ago
BEIJING (Reuters) - Russia held on to its position as China’s top crude oil supplier ahead of Angola and Saudi Arabia for the seventh straight month in September, with shipments hitting a record as refiners rushed to buy lower-sulfur oil to meet... Read more
14m
Reuters
Toshiba weighing options in case chip unit sale not completed by MarchCHIBA CITY, Japan (Reuters) - Toshiba Corp (6502.T) said it is considering vari
Reuters / Posted 14 minutes ago
CHIBA CITY, Japan (Reuters) - Toshiba Corp (6502.T) said it is considering various measures in case the $18 billion sale of its chip unit does not close by the end of the financial year and leaves the embattled conglomerate short of funds needed to... Read more
3 related articles
14m
Arizona Daily Sun
Eurozone economy keeps up strong momentum toward year-endThe purchasing managers' index, a gauge of activity in the services and manufac
Arizona Daily Sun / Posted 14 minutes ago
The purchasing managers' index, a gauge of activity in the services and manufacturing sectors published Tuesday by IHS Markit, was at 55.9 points in October, down slightly from 56.7 in September. The index is on a 100-point scale, with anything above... Read more
6 related articles
More