Browsing: Business & Economy News

SUNNYVALE, CA–(Marketwired – Jan 29, 2014) – Fortinet® (NASDAQ: FTNT) Fourth Quarter 2013 Highlights Billings of $209.8 million, up 20%…

JOHANNESBURG, South Africa — South Africa’s days as top dog on the continent are numbered. Booming, bustling Nigeria is about to become Africa’s biggest economy.   So pop open a bottle of Moet & Chandon — after all, from 2012-2013, seven Nigerian…

Eurozone countries are “worried” by the problems hitting emerging economies but do not believe there is a risk of contagion, senior officials said Monday. Jeroen Dijsselbloem, the head of the Eurogroup which gathers the finance ministers of countries…

LONDON, Jan. 27, 2014 /PRNewswire/ — Reportbuyer.com just published a new market research report: Nigeria Gas Markets, 2013 Nigeria Gas Markets, 2013 Summary This profile is the essential source for top-level energy industry data and information. The…

Nissan Leaf sales has officially surpassed the 100,000 unit mark worldwide, capturing a full 48% of the EV market, Nissan is quick to add. Sure, it has taken three years and a big price cut to get there, but with Leaf sales numbers now in the six figures…

Deutsche Bank, Germany’s biggest lender, is not expecting its activities in investment banking, its largest division, to improve this year, one of its joint chiefs said Monday. “I didn’t say that we expect 2014 to be materially better than 2013 for…

Shares in PSA Peugeot Citroen plunged on Monday after it pushed forward with plans for China’s Dongfeng and the French state to invest 3 billion euros into the troubled French auto group. The shares in the automaker slumped 11.11 percent to 10.21 euros…

Deutsch Bank, Germany’s biggest bank, announced late Sunday a surprise net loss of 965 million euros ($1.3 billion) in the fourth quarter of 2013 because of litigation costs and weakening revenues. In a statement issued more than a week earlier than…

Oil prices fell on Monday as China’s economic growth data fuelled concerns over energy demand in the world’s second largest economy, traders said. New York’s main contract, West Texas Intermediate (WTI) for delivery in February, dropped 67 cents to $…

Europe’s main stock markets were largely flat on Monday after losses in Asia as traders reacted to China’s latest economic growth data. London’s FTSE 100 index of top companies dipped 0.03 percent to stand at 6,831.11 points around midday in the British…