Gap and Urban Outfitters showed top earnings in retail apparel. Top 2 apparel retail companies are set to report earnings as the back-to-school season starts next week.
Regions
Best Reisen Ltd hits big losses due to Egypt troubles
The leading Hungarian tour company, Best Reisen Ltd announced bankruptcy after big losses on its Egypt and Tunisia tour packages.
Column: Bezos needs to relaunch a business model
It has been a week after Amazon founder Jeff Bezos announced acquisition of Washington Post, a deal said to be the convergence of old and new media.
U.S. securities regulator bars Conrad Black from U.S. directorships
Former press mogul Conrad Black was barred from directorships by the US Securities and Exchange Commission and ordered him to pay USD4 million to Chicago Newspaper Liquidation Corp.
Bank of England robust job data raises doubts on rates
The Bank of England's record low interest rates were doubted after an unexpected dissent from its policymaker and its robust jobs data.
Latest News
General Electric pursued its renewable energy program in Estonia after abandoning a solar plant project in the United States.
German bonds declined on its second week signaling an improved damp demand for the euro region's safest fixed-income assets.
A newspaper reported that German regulator BaFin probed Deutsche Bank over its anti-money laundering control.
Sirius XM Radio recently closed the acquisition deal with Agero Inc. Sirius XM Radio disclosed last Thursday on the company's acquisition of Agero Inc for USD 530 million in cash.
U.S. consumer prices went up as predicted in July. U. S. consumer prices went up as predicted in July. This increase may console officials of the Federal Reserve program who have been worried about low inflation while they evaluate process on cutting down massive bond buying schemes.
Greek politicians are coming to a head on the issue of home foreclosure auctions. Greece would be lifting its restrictions on the implementation of home foreclosures in order to give banks the leeway to recover its bad loans.
Cheraman Financial Services announced today a proposed plan of funding different infrastructure projects in Kerala.
Raifeisen Bank International CEO said financial investors would prop up its capital requirements. Raiffeisen Bank International, one of Austria's foremost banks, has said that part of its capital requirements would be met by financial investors.
In accordance with the new free trade zones, China planned to simply its legislation to attract foreign strategic and financial investors.
