Archives

Bank stress test relief lifts European assets

European stocks, low-rated government bonds and the single currency all rose on Monday as financial markets gave a tentative thumbs-up to euro zone bank health checks.


CVS Health, Rite Aid block Apple Pay in their stores

Drug retailers CVS Health Corp (CVS.N) and Rite Aid Corp (RAD.N) have disabled Apple Inc's (AAPL.O) new electronic payments service Apple Pay from their stores over the weekend, the New York Times reported.

Continental AG eyes acquisition, possibly in Asia:

German tyre and car parts maker Continental AG (CONG.DE) is looking for an acquisition in the industrial sector, possibly in Asia, and could spend up to 2 billion euros ($2.54 billion), its finance chief told a German newspaper.

Saab finalizes $5.4 billion Brazil order for 36 fighter jets

Swedish aerospace firm Saab (SAABb.ST) has finalised a $5.4 billion order to sell 36 fighter jets to Brazil, one of the most valuable defense contracts up for grabs in an emerging market.


Latest News

President Dilma Rousseff narrowly won re-election by spending heavily and promising to extend the fight against poverty but she will need to restore order to public finances in her second term to get Brazil's stalled economy back in gear.
Somalia said it was reviewing several oil and gas deals that U.N. investigators say lack transparency and risk hindering development of the country's energy industry.
"Ouija", a horror film inspired by the board said to contact the dead, haunted the top of movie charts in the United States and Canada, collecting $20 million in weekend ticket sales and knocking Brad Pitt's "Fury" out of first place.
Japan's Fujifilm Holdings Corp said on Monday it would buy 49 percent of Texas-based Kalon Biotherapeutics LLC, which has expertise in manufacturing vaccines used against pandemic influenza, Ebola and other public-health threats.
B.A.P bested other K-pop acts BEAST, CNBLUE, KARA and Bulletproof Boy Scouts (BTS) in the "Best Korea Act" at the 2014 MTV EMA. The group is now advancing to the higher category "Worldwide Act" award.
New MacBook Pro 2014 is expected to come on Christmas day with a touchscreen and keystacked multifunctional keyboard. However, problems with 2011's MacBook that escalated this year might affect sales.
"Eat and run" is a new term growing popular in the Korean entertainment industry. This was after the series of idols leaving some of the most popular K-pop groups today. Media and culture experts stated their opinion on the recent controversies.
Roughly one in five of the euro zone's top lenders failed landmark health checks at the end of last year but most have since repaired their finances, the European Central Bank said on Sunday.
A steep sell-off in energy company stocks in recent months due to falling oil prices may be overdone and there are some potential bargains to be had, Barron's financial newspaper said in its latest edition on Sunday.