News & Opinion

Samsung sells more than 10 mn Galaxy S4 smartphones

The Samsung Galaxy S4 is on show on April 25, 2013 in New York City. South Korea's Samsung Electronics said Thursday that glo…

Ford to halt car production in Australia in 2016

Ford Australia's head office in Melbourne on …

A trader looks at a screen at a stock brokerage firm in Mumbai

Ranbaxy shares slump after Daiichi Sankyo says misled

MUMBAI (Reuters) - Ranbaxy Laboratories Ltd(R…

Ford to halt car production in Australia in 2016 AFP - 50 minutes ago
Ford Australia's head office in Melbourne on May 23, 2013. Ford says it will cease making vehicles at its unprofitable Australian plants in 2016 and axe 1,200 jobs, ending an era that began in 1925 with ...
Ranbaxy shares slump after Daiichi Sankyo says mis … Reuters - 1 hour 1 minute ago
MUMBAI (Reuters) - Ranbaxy Laboratories Ltd(RANB.NS) slumped as much as 6.97 percent on Thursday after majority shareholder Daiichi Sankyo Co said it believes former shareholders of the Indian company ...
China's Lenovo buys and diversifies to outshine PC … Reuters - 1 hour 27 minutes ago
By Lee Chyen Yee and Umesh Desai HONG KONG (Reuters) - Lenovo Group Ltd's bold acquisitions in its flagship PC business, a foray into mobile gadgets, and a relatively light debt load are setting it apart ...
First China manufacturing shrinkage in 7 months: H … AFP - 1 hour 45 minutes ago
A laborer works in a textile factory in China's Anhui province, April 10, 2013. Manufacturing activity in China contracted in May for the first time in seven months, HSBC said Thursday, in another sign ...
Asian shares extend losses after China HSBC flash … Reuters - 1 hour 50 minutes ago
By Masayuki Kitano and Hideyuki Sano SINGAPORE (Reuters) - Japanese government bonds plunged on Thursday, taking yields to their highest in a year and leading a selloff in bonds globally after Federal ...
China HSBC flash PMI hits seven-month low, fans growth … Reuters - 1 hour 53 minutes ago
By Aileen Wang and Koh Gui Qing BEIJING (Reuters) - China's factory activity shrank for the first time in seven months in May as new orders fell, a preliminary survey of purchasing managers showed, adding ...
Rupee at new six-month low; refiner sells dollars Reuters - 2 hours 8 minutes ago
Reuters Market Eye - The rupee is at a new six-month low on global dollar strength after Bernanke testimony, says a dealer. The rupee is at 55.77/78 after falling to 55.86, last closed at 55.46/47. The ...
Japan's SoftBank to give US govt Sprint board choice: … AFP - 2 hours 50 minutes ago
A woman walks past a Softbank shop in Tokyo on October 12, 2012. Japan's SoftBank is preparing to hand the US government an unusual degree of influence over operation of Sprint Nextel, after security concerns ...
IRS unit head refuses to testify about targeting AFP - 4 hours ago
Internal Revenue Service Director of Exempt Organizations Lois Lerner is sworn in before the House Oversight and Government Reform Committee, May 22, 2013 in Washington, DC. Lerner, who heads the IRS office ...
US 'should act' on China intellectual property the … AFP - 4 hours ago
The United States should consider curbs on Chinese investment or even offensive operations against hackers to address the growing toll from intellectual property theft, a report said Wednesday. File picture ...