China February HSBC PMI at seven-month high

Activity in China's factory sector edged up to a seven-month high in February but export orders shrank and deflationary pressures persisted, a private business survey showed, adding to the view that yet more interest rate cuts will be needed.

Beijing 2008 Olympic Mascots Made

Euro zone prices fall by less than expected in February

Euro zone consumer prices fell by less than expected in February and core inflation held steady and unemployment eased in January for the third month in a row, data from the European statistics office showed on Monday.

New Greek Anti-Austerity Government Seeks Renegotiation of 240 Billion Euro Bailout

Oil falls more than 1 percent on dollar, supply concerns

Oil dropped more than 1 percent on Monday, with Brent slipping to around $62 a barrel, depressed by a stronger dollar and a rise in Libyan crude output.

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Jobs & Career News

Ford starts export production of 2015 Edge at Canada plant


Ford Motor Co (F.N) said on Thursday it began production of the 2015 Ford Edge at its Oakville Assembly plant in Canada for export to more than 100 countries.

Boeing, FedEx battle back vs U.S. airlines on Gulf competition


A push by three U.S. airlines to curb competition from Gulf state carriers has triggered a sharp response from other powerful U.S. aviation companies including BoeingCo (BA.N) and FedEx Corp (FDX.N), potentially complicating the airlines' campaign for Obama administration support.

World stocks near all-time highs after Fed signals

Stock Market

World stocks were within touching distance of an all-time high on Wednesday as investors cheered signals from Federal Reserve Chair Janet Yellen that the U.S. central bank would not rush into raising interest rates.

Despite wage hike, some Walmart shareholders seek change


A prominent investor in Wal-Mart Stores Inc (WMT.N) is pushing ahead with a campaign to link a portion of executive compensation to staff motivation, a sign that the retailer's wage hike last week won't end outside pressure over employee pay and benefits.

Buffett sets sights on German companies

Warren Buffett

Renowned U.S. investor Warren Buffett is readying for an acquisition spree in Europe's biggest economy after setting the ball rolling last week with the purchase of a niche German retailer by his Berkshire Hathaway (BRKa.N) holding company.


Europe shares hold at seven-year highs, China rate cut lifts Asia

European shares clung to seven-year highs on Monday, lifted by merger activity in the telecoms sector, while Asian stocks edged up after China cut interest rates at the weekend.

Janet Yellen

Near Fed majority backs June liftoff Yellen hasn't yet endorsed

Janet Yellen's premium on consensus may lead to a Federal Reserve decision the chair hasn't yet endorsed, as a near majority aligns in favor of a possible June interest rate hike.

Pierre Moscovici

Moscovici says 'Grexit' would raise question - who's next?

The European Union's financial affairs chief Pierre Moscovici told German radio on Friday, just before a Bundestag vote on a bailout extension for Greece, that allowing any country to leave the euro zone would simply raise the question "who's next?".


AstraZeneca to carve out antibiotic R&D into separate firm

Drugmaker AstraZeneca (AZN.L) has decided to carve out its early-stage antibiotic research by creating a stand-alone subsidiary company, as it sharpens its focus on other therapy areas.


Mazda bets on diesel-only car for Japan launch of key 2015 model

Japan's Mazda Motor Corp (7261.T) will sell only diesel-powered cars in the domestic launch of its key model for 2015, gambling it can convince the country's army of hybrid petrol-electric drivers that the days of sooty, noisy diesels are long gone.

Warren Buffett

Buffett, a cheerleader for America, takes his checkbook abroad

Warren Buffett, in his annual letter to Berkshire Hathaway Inc shareholders last year, called America "the mother lode of opportunity."


Ericsson sues Apple for telecom patent infringement

Swedish mobile telecom gear maker Ericsson is suing Apple Inc for patent infringement, Ericsson said on Friday.

Samsung Electronics

Samsung Elec to freeze salaries in South Korea for first time since 2009

Samsung Electronics (005930.KS) will freeze wages in 2015 for employees inSouth Korea for the first time in six years, after the world's biggest smartphone maker saw profits fall in the face of rising competition.

Standard Chartered

Standard Chartered picks ex-JPMorgan executive Winters as CEO to replace Sands

Standard Chartered (STAN.L) said former JPMorgan (JPM.N) investment bank boss Bill Winters will take over as chief executive in June to replace Peter Sands, after investors demanded change at the helm following two years of problems.

General Motors

GM cuts capacity, jobs in Indonesia, where Japanese dominate

General Motors (GM.N) is to stop making cars in Indonesia, a battleground for global automakers in emerging Southeast Asia, closing an assembly plant, axing some 500 jobs and shifting its branding focus to sport utility vehicles (SUVs).

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