Browsing: Business & Economy News

Google made big news earlier this week, announcing that they would be acquiring Nest Labs, the maker of the Nest Learning Thermostat. Google have a long history of investing in clean energy and clean technologies like Nest, and they have continued that…

Norway’s Yara, the world’s biggest mineral fertiliser producer, said Wednesday it had been hit with a hefty fine by Norwegian authorities following an international corruption investigation. The firm said it would not contest the 295-million-kroner (…

NEW YORK, NY–(Marketwired – January 14, 2014) – Profit Planners Management, Inc. (OTCQB: PPMT) announced its financial results for the…

LONDON, Jan. 13, 2014 /PRNewswire/ — Reportbuyer.com just published a new market research report: Mobile Video Adaptation And Delivery 2013 – 2016 Mobile video & TV services have been around for almost over a decade…and yet mobile network operators…

Enlarge Many Chinese firms choose to list shares in the West, instead of limiting themselves to domestic markets (pictured). New York-based research firm Muddy Waters has brought down a handful of them with fraud accusations, making a profit along the…

Momentum has slowed on Wall Street after the surge at the end of 2013, but the stock market’s tally at week’s end was still respectable, even if not outstanding. While the market spent much of the week in the red, two of the three indices still finished…

International Monetary Fund Managing Director Christine Lagarde said Thursday that question marks remain over the health of Europe’s banks and that coming stress tests are a chance to build confidence in them. In an article published online by Project…

New Food market report from Business Monitor International: “Nigeria Agribusiness Report Q1 2014” Boston, MA — (SBWIRE) — 01/09/2014 — Cocoa continues to be the sector we see with the most potential for growth over the short- and medium-term, especially…

London shares fell on Thursday as supermarket chain Morrison’s plummetted after Christmas sales shrank and bookmakers tumbled in the wake of comments by David Cameron. The benchmark FTSE 100 index shed 30.44 points or 0.45 percent to close at 6,691.…

US stocks opened higher on Thursday amid more signs of strength in the US jobs market and after the European Central Bank chief acknowledged growing concerns over low eurozone inflation. Five minutes into trade, the Dow Jones Industrial Average gained…

European stock markets rose on Thursday as investors awaited monetary policy decisions from the ECB and Bank of England and reacted to an upbeat outlook from the US Federal Reserve. Frankfurt’s DAX 30 index advanced 0.43 percent to 9,538.92 points and…

India’s car sales fell almost 10 percent year-on-year in 2013 in the first decline for 11 years, an industry body said Thursday, amid sluggish economic growth and higher fuel costs and interest rates. Annual domestic car sales, seen as a pointer to…

Auto sales in China, the world’s biggest car market, surged 13.9 percent to 21.98 million vehicles last year, an industry group said Thursday, with the growth rate outpacing 2012 despite economic weakness. Sales of passenger vehicles alone jumped 15…

JPMorgan Chase will pay $2.6 billion for its role as the key banker in the mammoth 2008 Madoff Ponzi scheme, US justice authorities and regulators announced Tuesday. The amount, part of a settlement deal over criminal charges, includes $2.24 billion…

European stock markets advanced on Tuesday alongside brighter eurozone economic data and as Ireland successfully tapped the bond markets for the first time since exiting its EU-IMF bailout. London’s benchmark FTSE 100 index ended the day up 0.37 percent…

US stocks registered their first gains of the new year Tuesday, with the Nasdaq adding nearly one percent, helped by a solid November trade report. The Dow Jones Industrial Average finished up 105.84 points (0.64 percent) at 16,530.94. The broad-based…

Global oil prices rebounded with solid gains on Tuesday as a cold snap in the United States boosted demand for heating fuel, analysts said. New York’s main contract West Texas Intermediate for February delivery rose 73 cents to $94.16 a barrel. Brent…

It’s hard to believe, but there was a time when the iPhone existed without an App Store. That store is now such a huge part of the iPhone experience, not to mention a growing part of Apple’s business. How much does the App Store mean to Apple, exactly…

JPMorgan Chase, the US bank used by Bernard Madoff who masterminded the biggest fraud on record, has agreed to pay about $2.0 billion to US authorities to avoid litigation, press reports said Monday. Madoff masterminded a massive and long-running so…

London shares opened modestly higher on Monday ahead of a slew of corporate announcements later this week on how British companies have fared over the key holiday period. The benchmark FTSE 100 index added 16.98 points or 0.25 percent to 6,747.68 points…