Reuters•4 minutes agoGlobal stocks weaker for fifth day as U.S. 10-year debt yield tops 3 percent
A gauge of global equities suffered its longest losing streak this year on Wednesday as 10-year U.S. Treasury yields again scaled the 3 percent mark, stoking concerns about rising costs that could dampen corporate profits.
Reuters•4 minutes agoAirbus, Bombardier hope to close CSeries deal by late May - sources
Airbus SE and Bombardier aim to close a deal giving the European planemaker a majority stake in the Canadian company's CSeries jetliner programme by the end of May, ahead of an initial timetable, two people familiar with the matter told Reuters. Airbus is also considering whether to rebrand the
- Reuters - UK Focus•7 minutes ago
GLOBAL MARKETS-Stocks weaker for fifth day as U.S. 10-year debt yield tops 3 percent
A gauge of global equities suffered its longest losing streak this year on Wednesday as 10-year U.S. Treasury yields again scaled the 3 percent mark, stoking concerns about rising costs that could dampen corporate profits. The benchmark 10-year note yield edged up to 3.035 percent for a second day as
Reuters•7 minutes agoQualcomm's quarterly profit falls 51.5 percent
(Reuters) - Qualcomm Inc's quarterly profit fell 51.5 percent due to higher costs and as the chipmaker sold fewer modem semiconductors used in mobile phones.
Reuters•9 minutes agoFacebook quarterly profit beats estimates
(Reuters) - Facebook Inc's first-quarter profit topped analyst estimates on Wednesday, as the social media company's mobile ad business grew from a major push to add more video content on its site.
- Reuters - UK Focus•12 minutes ago
Croatian police arrest suspect behind global cyber attack platform
Croatian police said on Wednesday they had arrested a 19-year old man they suspect of being behind an illegal internet service for cyber attacks called Webstresser.org. A police statement said the site allowed users to pay for so-called Distributed Denial of Service (DDoS) attacks, which would shut
- Reuters•12 minutes ago
United States to lower foreign arms sales surcharge - DSCA director
The U.S. government will reduce its administrative surcharge on foreign arms sales to 3.2 percent from 3.5 percent from June as part of a broader effort to make U.S. weapons more competitive internationally, a top U.S. official told Reuters on Wednesday. U.S. Lieutenant General Charles Hooper, director
- Reuters•13 minutes ago
Springer Nature sets price range for Frankfurt flotation
Springer Nature, the publisher of science magazines Nature and Scientific American, is offering shares worth up to 1.6 billion euros (1.4 billion pounds) in its planned initial public offering (IPO), it said on Wednesday. The company has set a price range of 10.50-14.50 euros a share, with new shares
- Reuters - UK Focus•14 minutes ago
Springer Nature sets price range for Frankfurt flotation
Springer Nature, the publisher of science magazines Nature and Scientific American, is offering shares worth up to 1.6 billion euros in its planned initial public offering , it said on Wednesday. The company ...
- Business Insider UK•16 minutes ago
People are already terrified by the first footage from the long-awaited 'Halloween' sequel
The first footage for this year's "Halloween" sequel premiered at CinemaCon on Wednesday, and those who saw it were terrified. The silent killer Michael Myers will once again go after Laurie Strode — the babysitter he tormented in the 1978 original film played by Jamie Lee Curtis — in
Reuters•19 minutes agoTwitter shares fall on outlook of slower growth, rising costs
Quarterly revenue jumped 21 percent from a year earlier, but Twitter said revenue growth for the remainder of 2018 will be similar to the slower rates of 2016, when annual revenue rose 14 percent. Twitter said its tally of daily active users grew 10 percent year-over-year, lower than the 12 percent
- Reuters - UK Focus•20 minutes ago
Springer Nature sets price range for Frankfurt flotation
Springer Nature, the publisher of science magazines Nature and Scientific American, is offering shares worth up to 1.6 billion euros in its planned initial public offering , it said on Wednesday. The company ...
Reuters•20 minutes agoFrench tycoon Bollore placed under formal investigation in Africa graft probe
A French judge on Wednesday placed tycoon Vincent Bollore under formal investigation over allegations his company undercharged for work on behalf of presidential candidates in two African nations in return for port contracts. Bollore's company, Groupe Bollore , announced the decision by Judge Serge
- Bloomberg UK•13 minutes ago
Accenture CEO Gives Strategy for Digital Transformation
Apr.25 -- Pierre Nanterme, Accenture Chairman and CEO discusses the importance of digital transformation and strategy for approaching it. He speaks with David Westin on "Bloomberg Markets."
- Bloomberg UK•13 minutes ago
Tighter Financial Conditions Fostering Volatility, Says Sonders
Apr.25 -- Liz Ann Sonders, chief investment strategist at Charles Schwab, discusses equity market volatility and the influence of corporate earnings results on the S&P 500's performance. She speaks with Bloomberg's Julia Chatterley and Scarlet Fu on "Bloomberg Markets."
- Business Insider UK•25 minutes ago
FDA says reviewing Acadia's Parkinson's medication, shares fall
The U.S. Food and Drug Administration said on Wednesday it was reviewing Acadia Pharmaceuticals' Parkinson's medication, the only approved drug used to treat hallucinations and delusions associated with the disease. CNN first reported that FDA was re-examining the safety of Acadia's Nuplazid
- Business Insider UK•25 minutes ago
Video: Former Port Authority ethics chair swore at officers
TENAFLY, N.J. (AP) — A Port Authority of New York and New Jersey commissioner caught on camera delivering an expletive-laced tirade to police officers during a traffic stop has resigned.
- Business Insider UK•27 minutes ago
Man with weapon arrested at Iranian interests section in DC
A man with a weapon was arrested Wednesday afternoon at the Iranian interests section in Washington, the Secret Service said. The incident took place at Pakistan's embassy, which houses the Iranian interests section because Iran and the U.S. severed diplomatic relations in 1979. The Secret Service
Reuters•27 minutes agoU.S. probing Huawei for possible Iran sanctions violations - sources
NEW YORK/LONDON (Reuters) - U.S. prosecutors in New York have been investigating whether Chinese tech company Huawei [HWT.UL] violated U.S. sanctions in relation to Iran, according to sources familiar with the situation. Since at least 2016, U.S. authorities have been probing Huawei's alleged shipping
- Business Insider UK•28 minutes ago
How Comcast is trying to change the cable game
Comcast is trying to refigure the traditional cable bundle, adding services like Netflix to its subscription packages and offering internet-only TV streaming. Comcast, the world's largest cable company, and other cable operators are trying to work out new relationships with once fierce rivals in
CNBC•30 minutes agoYour local post office could become a bank if this bill passes
Proposed legislation aims to curb predatory payday lending that cripples low-income households, while adding billions in revenue to the struggling U.S. Postal Service.
- Business Insider UK•31 minutes ago
U.N. chief taps Swiss ambassador to Germany as Myanmar envoy: sources
UNITED NATIONS (Reuters) - United Nations Secretary-General Antonio Guterres has tapped Switzerland's Ambassador to Germany, Christine Schraner Burgener, to be his special envoy on Myanmar, U.N. sources said on Wednesday.
- CNBC•36 minutes ago
Trump's allies are drowning in legal fees from the Russia probes
Former Trump campaign advisor Michael Caputo described the financial strains in an interview with CNBC.
