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Global markets dip despite positive US economic data

Australia Data showing improvements in America's key manufacturing and construction sectors failed to lift Wall Street overnight.The figures bolstered the belief the US Federal Reserve's economic...

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Higher Gasoline Prices In Brazil Has Barclays Upping Petrobras Earnings

Capital has hope. After the market close on Friday, Petrobras announced that it was given the green light finally to increase the domestic gasoline and diesel price by 4.0% and 8.0%, respectively,...

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Energy firms push for more cuts to green levies

Commons energy committee chair Tim Yeo argues that green levies should not be cut as a way of reducing household energy bills. Photograph: Dan Chung for the ...

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The road to recovery EU motor cities make progress at different speeds

If the chancellor is looking for signs of progress in Britain's attempt to regain its industrial might, he could do worse than to drive up to Birmingham and take a tour of Lander Automotive.The...

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New Lloyds Banking Group chairman is former Downing St adviser

Lloyds Banking Group . The peer, 61, will succeed the retiring chairman, Sir Win Bischoff, on 3 April.Blackwell, currently chairman of the Lloyds subsidiary Scottish Widows and a member of the bank's...

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Saab car brand restarts production in Sweden under new ownership

A Saab car on a parking lot of a Saab AB dealership near the factory in Trolhattan, Sweden, in July 2011 Photograph: Bloomberg/Bloomberg via Getty ...

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Energy prices political power game | Editorial

The coalition package differs substantially from Labour's. Rather than freeze prices, the government aims to lower future bills by transferring some Treasury green levies, which the energy companies...

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Natwest and RBS customers hit by IT problems on Cyber Monday

Reports of Natwest and RBS cards being declined in shops and other premises filtered through on Twitter on Monday night. Photograph: Bloomberg via Getty ...

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Christopher Kane takes top prize at 2013 British fashion awards

Christopher Kane pictured with Donatella Versace, the presenter of his BFA gong. She is seen to have been instrumental in developing his talent. Photograph: Vittorio Zunino Celotto/Getty ...

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Orexigen to sell $100 million in convertible notes

Monday it plans to sell $100 million in convertible senior notes. Initial purchasers will get a 13-day option to purchase up to an additional $15 million in ...

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Orchard brewery planned near Flower Fields

CARLSBAD -; The operators of Carlsbad's famous Flower Fields plan to fill 46 vacant acres to the north with crops, orchards, a culinary school, a microbrewery and a community market selling flowers and...

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Comcast testing full commercial loads for on-demand shows with NBCUniversal

LOS ANGELES -- Pay TV customers who are used to watching fewer ads on on-demand shows may have to get used to longer commercial breaks. Comcast Corp., the nation's largest cable TV provider, says it is...

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Roundys to acquire 11 Chicago-area Dominicks stores turn them into Marianos

CHICAGO -- Milwaukee-based Roundy's Inc. says it will acquire 11 Dominick's stores in the Chicago area. Roundy's said Monday in a news release that it would convert the stores to operate under the...

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Sales taxes on Internet purchases Supreme Court wont stop state law requiring...

WASHINGTON -- On perhaps the busiest online shopping day of the year, the Supreme Court refused to wade into a dispute over state sales taxes for purchases on websites like Amazon.com, an outcome...

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Hilton Raises IPO Price as Wall Street Booms

Hilton Worldwide Holdings Inc, which has been owned by the Blackstone Group since 2007, says it hopes to gain $2.4 billion from an initial public offering of ...

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US stocks fall on profit-taking

US stocks have taken a breather from the bull market of 2013, pushing lower as some analysts cited profit-taking and speculation of tighter monetary policy. At the closing bell on Monday, the Dow Jones...

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U.S.Canada daily earnings hits misses Dec 2 - 1800 ET

Dec 2 (Reuters) - The following U.S.-listed companies reported earnings on Monday. This list shows whether they beat, met or missed Wall Street analysts' forecasts. It also shows the difference between...

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Gold falls on strong economic news

The news gave the dollar a boost. Gold typically slumps when the U.S. currency strengthens, as traders generally hold the metal as a hedge against declines in the ...

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Clarke’s CFO Andrew Snelgrove explains what’s behind its debentures...

Andrew Snelgrove, chief financial officer of Halifax-based Clarke Inc., has been given a tough assignment. He must explain to holders of its 6% 2018 debentures - a security whose terms and conditions...

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Apple Buys Social-analytic Company Topsy For $200M

SAN FRANCISCO – Apple Inc. has acquired Topsy Labs Inc., social-media analytic company, for $200 million, according to a report in the Wall Street Journal. Topsy specializes in data obtained from...

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Citigroups Keefe moving to Japan

NEW YORK, Dec 2 (IFR) - Citigroup's head of origination and banking of the securitized products business, Gerald Keefe, has been appointed as the bank's new corporate bank head in Japan, effective...

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FAA proposes fines against Southwest Great Lakes

The U.S. agency alleged in a statement that the incident, from August 2011, involved the faulty installation of a switch on a Boeing 717 that allows crews to test the plane's windshield heating system....

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Tesla says Germany concludes car fire probe

TSLA.O ) said Monday that Germany's vehicle regulatory agency will pursue "no further measures" after concluding a review of recent Tesla Model S fires in the United States and ...

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Fed official strongly backs proposed repo tool cites policy

NEW YORK (Reuters) - The Federal Reserve's point person in financial markets on Monday gave a strong and detailed endorsement of a proposed tool for smoothing the eventual tightening of U.S. monetary ...

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Households Raid Savings At Record Rate

Households are pulling money out of their savings accounts at the fastest rate in modern record, according to Bank of England figures. In the past year, families have withdrawn £23bn from their...

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BlackBerry chief executive tells business customers we are here to stay

BlackBerry Ltd is "very much alive, thank you," interim chief executive John Chen affirmed in an open letter on Monday in which the smartphone maker committed itself to rebuilding as a niche player...

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Apple buys Twitter analytics company Topsy for reported $200m

Purchase confirmed of San Francisco company led by Oxford graduate which offers access to 'firehose' of tweets and other social media - but purpose of buyout ...

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Regulators frown on prepay utility bills

A proposal by San Diego Gas & Electric to allow credit-challenged utility customers to prepay their bills in return for waiving deposit requirements is getting a cold shoulder from state utility ...

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Dow Chemical eBay and 3M are big market movers

NEW YORK -- Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and the Nasdaq Stock Market: NYSE The Dow Chemical Co., up 92 cents to $39.98 The chemical company...

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IT firm Cognizant moving US operations hub to Texas plans to add 10000 US...

COLLEGE STATION, Texas - A major information technology outsourcing company announced Monday it is moving its U.S. operations hub from New Jersey to Texas and expects to add 10,000 jobs nationwide over...

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Apple acquires Topsy in deal that could yield more insights about whats...

SAN FRANCISCO - Apple has bought Topsy Labs in a deal that will provide the iPhone maker with more insights about the chatter on Twitter. Topsy pours through the stream of conversations occurring on...

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Yums November KFC China sales flat sees 2014 earnings rebound

said November sales at established KFC restaurants in China, its top market, failed to grow despite a successful half-priced chicken promotion, and it forecast a return to earnings per share growth in...

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French court tells Internet search firms to block pirate video sitesA court...

Google , Microsoft and Yahoo to block 16 video-streaming pirate sites from their search results.The High Court in Paris ruled the websites were dedicated to the "distribution of works without consent...

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Next version of Windows said meant to span all Microsoft devices.Microsofts...

Microsoft's next Windows release will update all platforms -- Xbox One, Windows and Windows Phone -- to share even more common elements, ZDNet reported.Code-named Threshold and revealed in an internal...

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Food fight among retailers expected to continue keeping prices lower

A food price war between a deep-pocketed pool of powerful retailers was the most significant factor in keeping grocery prices to consumers low in 2013, and a new industry report says the trend will put...

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Australia Stocks Fall Ahead Of Rate Decision

LOS ANGELES – Stocks in Australia gave up ground early Tuesday before the country's central bank issued its final interest-rate decision of the year. The S&P/ASX 200 shed 0.2% to 5,271.10, with...

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Fake trades and a fridge used in Madoff fraud witness

NEW YORK (Reuters) - Bernard Madoff's longtime lieutenant testified on Monday that several former colleagues were deeply enmeshed in Madoff's decades-long Ponzi scheme, using everything from fake...

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Technology rules keep Amazon drone delivery in hangar for now

By Bezos' own admission, the technology that would enable electric-powered 'octocopters' to fly to pre-programmed addresses unaided by humans is still early in development, and the United States is not...

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Wells Fargo U.S. targeting executive as defendant may be retaliation

NEW YORK (Reuters) - Wells Fargo & Co said Monday that a U.S. government request to add one of its executives as a defendant in a fraud case may be in retaliation for the bank's decision to cut off...

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SACs Steinberg wanted edgy information ex-analyst says

Former SAC Capital portfolio manager Michael Steinberg (R) arrives with his lawyer Barry Berke at the Manhattan Federal Courthouse in New York, November 21, ...

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Analysts say US stocks unlikely to pull back despite sell-off weighing on Dow

(1 hr 1 min ago) The final month of a stellar year for stocks began with a thud. All three major indexes closed lower Monday, the first day of trading in December. Investors sold shares on signs that...

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One Put One Call Option To Know About for Caterpillar

NYSE: CAT ). So this week we highlight one interesting put contract, and one interesting call contract, from the January 2014 expiration for CAT. The put contract our YieldBoost algorithm identified as...

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Self-employed workers earnings slump by nearly a third

Self-employed workers have suffered a severe drop in income since 2008, according to an independent study that shows people working for themselves have fared worse than those in full-time...

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Group offers women loans not handouts

SAN DIEGO -; Ten years ago this week, 35 local businesswomen met in a Poway living room to talk about ways to lift other women out of poverty around the ...

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Is Amazons delivery drone just hype

Amazon's Jeff Bezos is something of a wizard. But could he really develop small drones that deliver products to consumers? UC San Diego scientists say 'maybe,' but first there are issues to ...

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Small businesses can now buy Obamacare directly

Since the state's new health insurance exchange opened on Oct. 1, the only way for small businesses to purchase policies eligible for tax credits from the federal government was to work through a...

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Ill. puts pieces in place to address nations worst state pension crisis vote...

SPRINGFIELD, Ill. -- Illinois lawmakers began putting the pieces in place Monday for a potentially historic vote to address the nation's worst public-pension shortfall, as legislators scrambled to...

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4 dead in train crash reflected New Yorks diversity from immigrant dreams to...

NEW YORK -- The four New Yorkers who died in the commuter train that derailed over the weekend led lives that reflected the dynamic diversity of the city they had just entered -- but will never see...

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Key details about lawmakers pending votes on plan to address Illinois pension...

SPRINGFIELD, Ill. -- Illinois lawmakers are convening in the state Capitol for what could be a historic vote to finally close the gap on the state's $100 billion unfunded public pension shortfall,...

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Aust stocks flat from weak Wall St lead

The Success & Leadership Series aims to motivate and inspire by acknowledging the practices that have lead to the personal and professional success of some of WA's leading men and women. It...

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