After a sleepy first half this year, capital goods spending arose last month, bolstering hopes of faster economic growth.
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French President Francois Hollande may face resistance in pension reforms
President Francois Hollande to face challenges in reform programs for France's pension system. French President Francois Hollande may manage a lightweight reform regarding the country's indebted pension system.
Lanco discusses restructuring of US$1.5 billion debt
India's Lanco Infratech Inc said that they are currently in discussion regarding the restructuring of the company's debt.
Liberty Global acquires additional stakes in Ziggo
Liberty Global increased their stakes in Ziggo from 12.65% to 28.5%. Liberty Global announced that they have increased their stake in the Dutch cable operator Ziggo.
Hobbart: Good job, Facebook, but I’d rather look at other companies first
Facebook is doing a good job, but I’d rather look at other companies first, according to Chris Hobbart of Hobbart Financial Group.
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Herve Gisserot replaces Mark Reilly as GSK's head of operations in China in the wake of the bribery scandal faced by the pharmaceutical company.
Premium of Yandex over rivals Google and Baidu swelled after Russian Internet advertisement demand increased.
Microsoft's recent fumbles and non-interest in its mobile phone ventures left Finnish company Nokia on the deep end.
Samsung continued to see growth in its market share. Although Samsung may not have performed well in terms of profit, it was gaining some traction in terms of market share.
According to analysts, the reorganization in Microsoft would help it bounce back due to the change in its attitude towards competition.
YouTube generates around US$4 billion to US$5.6 billion of Google's total earnings. Google's YouTube was put into the background after the tech titan's new Nexus 7, Chromecast and Google Glass innovation.
Analysts said that Microsoft would not win against the currently fast growing chipmaker Qualcomm. Microsoft's struggles do not stop with its problems in the software industry because it also faces a tough rival in the hardware sector.
Analysts stated that the tablet industry took over the PC industry's shine and if Microsoft wanted to get back, it needs to focus on a mobile-computer enterprise.
Analysts said that Google would continue to increase its global market shares as Apple losses its shares due to the lack of immediate product launch.
