Business

Apple, China Mobile Sign Long-Awaited Deal To Sell Iphones

Apple Inc said it has signed a long-awaited agreement with China Mobile Ltd to sell iPhones through the world's biggest network of mobile phone users. In a deal that could add billions of dollars to its revenue, Apple said its...

IMF Says Will Raise U.S. Economic Growth Forecast

The International Monetary Fund predicts the U.S. economy would expand at a faster pace next year, given positive economic data and some signs of compromise in Congress, the head of the Washington-based lender said on Sunday. IMF Managing Director Christine...

A Sweet Asian Fruit Tempts The Troubled Soft Drink Industry

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An obscure melon once cultivated by Buddhist monks in China to sweeten tea could give the $8 billion U.S. diet soda industry a shot at winning back consumers concerned about artificial ingredients. You won't find monk fruit in any of...

With Fed Out Of The Way, What’s Next On Wall Street?

With the U.S. Federal Reserve finally announcing it will start tapering its stimulus, removing a big uncertainty in the market, can Wall Street expect a stronger finish to the year? Not really. The "Santa Claus rally" is a seasonal anomaly...

Pressure Builds As Retailers Near The Holiday Finish Line

After buying and remodeling a home, Karin Gilles and her husband, Dave Muilenburg, are not splurging on holiday gifts this year - no matter how drastically retailers slash prices to lift sales in a shopping season that peaks this...

Japan Forecasts GDP Growth Of 1.4 Percent For Fiscal 2014

The government forecast on Saturday that Japan's real gross domestic product will grow by 1.4 percent for the fiscal year starting March 2014, slowing from an expected 2.6 percent growth for the current year as a planned sales tax...

China Aims For Target of 6 Million Public Homes In 2014

China aims to start building at least 6 million units of public housing next year, state media said on Saturday, reinforcing a government effort to supply more low-cost homes to counter record property prices. But next year's target is lower...

U.S. Urges Nigerians To Be Wary of Counterfeit New $100 Notes

The Acting U.S. Consul-General in Lagos, Mrs Dehab Ghebreab, on Thursday urged Nigerians to always examine the newly introduced $100 note in any transaction. Ghebreab spoke with journalists at the Launch of the new note at the office of the...

BOJ Stands Pat On Policy, Keeps Economic View Intact

The Bank of Japan kept monetary policy steady on Friday and maintained its view that the economy is recovering moderately, encouraged by growing signs the benefits of its massive stimulus are spreading through broader sectors of the economy. As widely...

Analysis: Activists Push For Voting Secrecy To Rein In U.S. Executive Power

Top executives and directors at some major U.S. companies may have less sway over votes on chief executive officer compensation and other shareholder matters if a campaign by a number of investor activists succeeds. For the 2014 annual meeting season,...
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UEFA Refuses To End FIFA World Cup Boycott Despite Infantino’s U-Turn

UEFA has confirmed it will continue its boycott of FIFA's men's and women's World Cups despite Gianni Infantino...
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