Syndicate content US Business
US Business
Updated: 56 min 57 sec ago

New Hope for Dubai IPO Market

1 hour 15 min ago
Five years after Dubai teetered on the brink of financial disaster, there are signs emerging that the emirate's IPO market is returning to life as the owner of the world's largest shopping mall prepares to sell shares to the public.
Categories: Business

Luxottica CEO Steps Down

1 hour 22 min ago
Luxottica Group SpA, the world's largest eyewear maker, said Andrea Guerra had stepped down as chief executive, as expected, after almost 10 years.
Categories: Business

Iliad Weighs New T-Mobile US Bid

1 hour 51 min ago
French telecom company Iliad said it is in talks with several potential partners to file a new bid for control of U.S. operator T-Mobile US.
Categories: Business

EU Questionnaire Probes Facebook, WhatsApp Deal

2 hours 16 min ago
European Union antitrust officials have sent a detailed questionnaire to competitors and customers of Facebook and message service WhatsApp as they probe the proposed $19 billion deal.
Categories: Business

Business in China Gets More Perilous

2 hours 50 min ago
The troubles for U.S.-based food processor OSI are a lesson in the perils faced by foreign companies in China, when operations are under unprecedented scrutiny and negative publicity can destroy a business almost overnight.
Categories: Business

Malaysia Set to Implement Consumption Tax

4 hours 2 min ago
Malaysia's government is on track to introduce a long-delayed consumption tax of 6% in April 2015, Dato' Sri Abdul Wahid Omar, minister in charge of economic planning, said Monday.
Categories: Business

Australia to Step Up Russia Sanctions

4 hours 48 min ago
Australia will ratchet up economic sanctions against Russia in response to its military action in Ukraine, with Prime Minister Tony Abbott saying Moscow risked becoming an "international pariah."
Categories: Business

Samsung Makes Restructuring Move

5 hours 35 min ago
In the latest restructuring move among Samsung Group companies, the shipbuilding and engineering businesses of South Korea's largest conglomerate said they will merge.
Categories: Business

OSI Turns Over Plant's Management in China

6 hours 1 min ago
OSI will let an arm of U.S.-based Golden State Foods manage a China plant, as OSI attempts to rebound from accusations that it sold past-due meat.
Categories: Business

Euro-Zone Manufacturing Slows

6 hours 59 min ago
Italy has joined France in contraction, while German factories had their most sluggish month since September last year. By contrast, activity in Greece expanded, while Ireland's factories had their strongest month since late 1999.
Categories: Business

Prices Threaten Europe Recovery

7 hours 17 min ago
Europe's struggle to prevent ultralow inflation from derailing an already fragile economic recovery grew even more challenging as consumer prices weakened to a five-year low in August.
Categories: Business

Rolls-Royce May Lose Exclusive Engine Deal on Osprey

7 hours 37 min ago
British engineering company may lose its role as sole engine provider for the Pentagon's V-22 aircraft, as the U.S. military explores ways to cut costs.
Categories: Business

Heineken Sells Mexican Can Maker to Crown

8 hours 13 min ago
Heineken has sold its Mexican packaging business to Crown Holdings for $1.23 billion in cash, allowing the Dutch brewer to tighten its focus on beer and the U.S. group to entrench its beverage-can business in North America.
Categories: Business

China Gives Microsoft Deadline

9 hours 1 min ago
China has given Microsoft 20 days to provide a written explanation of what was described as problems with compatibility and bundling, adding pressure on the company amid an antitrust investigation.
Categories: Business

China Factory Output Slows

9 hours 16 min ago
China's economy faces further headwinds after two measures of factory output decelerated in August, adding pressure on Beijing to stimulate growth to meet the nation's annual target.
Categories: Business

Toyota Affiliate Builds Hydrogen Refueling Station

9 hours 30 min ago
A Toyota affiliate started construction on its first commercial hydrogen refueling station, in an effort to support the car maker's planned introduction of a hydrogen-powered fuel-cell car next year.
Categories: Business

Areva Says Finnish Nuclear Reactor Ready in 2018

9 hours 54 min ago
A nuclear reactor Areva is building with Siemens in Finland is now estimated to start operations in 2018, nearly a decade later than originally planned, the French nuclear group said.
Categories: Business

Yuan's Fall Hurts Chinese Profits

13 hours 16 min ago
Chinese companies are reporting profit hits from the weaker yuan, after borrowing billions of dollars from the U.S., Hong Kong and elsewhere abroad—and the problem is likely to continue.
Categories: Business

German Second-Quarter GDP Slip Confirmed

14 hours 27 min ago
Germany's economy contracted in the second quarter after a robust start to the year, the Federal Statistics Office confirmed, putting pressure on policy makers to move ahead with measures to boost the economy.
Categories: Business

Alibaba Plans IPO Launch Week

Sun, 08/31/2014 - 10:52pm
Chinese e-commerce company Alibaba plans to launch its U.S. initial public offering, which could raise more than $20 billion, early in the week of Sept. 8.
Categories: Business