Business Top News

Naypyidaw (Myanmar) (AFP) - Myanmar President Thein Sein opened unprecedented...
Ouagadougou (AFP) - The army's seizure of power in Burkina Faso on Thursday...
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Business

Hong Kong (AFP) - Asian markets rallied Friday and the dollar edged back towards 110 yen after the United States released forecast-busting economic growth data that soothes concerns about the global outlook. Japanese...
TOKYO (Reuters) - Japan's annual core consumer inflation slowed for a second straight month in September, adding to evidence the Bank of Japan will miss its 2 percent price goal even as it dismisses growing doubts...
Investment bank Citigroup is setting aside an extra $600m to cover legal expenses due to "rapidly evolving regulatory inquiries". The money relates to likely settlement of claims that Citigroup manipulated the...
Washington (AFP) - Trick or treat! While youngsters dress up as ghosts and goblins and go door to door for Halloween, grown-ups across the United States are indulging in all things pumpkin spice. What started a decade...

Companies/Leaders

Many international companies , from Samsung to Renault are already in Iran, trading in sectors permitted under the sanctions, such as food, cars and pharmaceuticals. In 2013, E.U. countries made 5.4 billion Euros ($6.8...
"Despite a forecasted increase of 5-7 percent, year-over-year, for the average daily rate of domestic hotel accommodations, our clients are experiencing a smaller increase of just 4 percent,” said Travel Leaders...
Cook, who said he is “proud to be gay,” joins a small list of openly gay chief executives who are leading , or have led, public companies . Until today, there has not been a currently-serving openly gay CEO of a...
When you sign a cell phone contract, you're not just agreeing to pay thousands of dollars over a few years to AT&T or Verizon. You're also signing away your right to sue the company or participate in a class...

Earnings

Casino operator Echo Entertainment is forecasting a rise in half year earnings of up to 31 per cent after a strong start to the financial year. The owner of The Star in Sydney and two Queensland casinos expects...
FRANKFURT (Reuters) - Deutsche Bank reported a net loss in the third quarter as heavy legal costs weighed on earnings, while a modest rise in investment banking results lagged many of the big gains seen by its peers....
Asian markets rose on Wednesday following strong gains on Wall Street, as traders awaited news from the US Federal Reserve about interest rate plans for the world's largest economy. Wall Street provided a healthy...
By Hideyuki Sano TOKYO (Reuters) - Asian shares advanced to one-month highs on Wednesday, helped by Wall Street which gained on optimism over corporate earnings and prospects the U.S. MSCI's broadest index of...

Economy

Source: Thinkstock How do you plan on enjoying retirement? If you’re like most Americans, just reaching the financial milestone is a lifelong endeavor. Obstacles such as stagnant wages, rising living expenses, and...
Photo by Joe Raedle/Getty Images It seems that if you’re searching for employment this fall, moving to Texas might not be a bad idea. Three cities in the Lone Star State topped a recent survey which analyzed job...
The Apple chief executive’s public announcement that he is gay could have a cascading effect on the culture at other companies....
Source: Thinkstock Everyone has different goals, aspirations, and dreams. While some people strive to make a difference and leave their marks on the world, others measure success by the amount of money they are making....

Finance

NEW YORK - US. stocks closed with slight losses on Wednesday, finishing off their lows of the session, after the Federal Reserve ended its stimulative monthly bond-buying program and expressed confidence in US economic...
NEW YORK - U.S. stocks edged higher on Wednesday boosted by gains in the energy sector, with traders looking forward to a statement from the U.S. Federal Reserve as it winds down its stimulus program....
The Bureau of Customs has seized P8 million worth of supposedly smuggled shipments of brand new motorcycles, chemicals and plumbing supplies....
Voting 198-18, the House of Representatives on Wednesday approved on third and final reading the P2.606-trillion proposed national budget for 2015, despite vehement opposition from some members of the House minority and...

Marketplace

By Shinichi Saoshiro TOKYO (Reuters) - Asian stocks dipped and the dollar hovered at three-week highs versus the yen after the U.S. Federal Reserve ended its quantitative easing program as expected, but laced its...
By Nathan Layne and Nandita Bose CHICAGO (Reuters) - Suddenly it's Apple versus Wal-Mart in the fight for shoppers' digital wallets. With the development of a new mobile payment system, a group of retailers led by...
As news broke on Wednesday that part three of Microsoft's huge multi-phase layoffs had occurred, employees at the company are having mixed feelings. Not surprisingly, all this change "wears on" a lot of Microsoft's...
The New Zealand dollar, affectionately known as the "kiwi," is getting crushed in late trade on Wednesday after the Reserve Bank of New Zealand said the kiwi's current level is "unjustified and unsustainable." In its...

Personal Finance

Source: Thinkstock How do you plan on enjoying retirement? If you’re like most Americans, just reaching the financial milestone is a lifelong endeavor. Obstacles such as stagnant wages, rising living expenses, and...
Source: Thinkstock If you’re one of the millions of those in the middle class who can’t shake the feeling that you’re somehow getting left behind, you’re not alone. We’ve been hearing ad nauseum from both...
Photo by Joe Raedle/Getty Images It seems that if you’re searching for employment this fall, moving to Texas might not be a bad idea. Three cities in the Lone Star State topped a recent survey which analyzed job...
Apple Inc CEO Tim Cook on Thursday became the most prominent American corporate leader to come out as gay, saying he was trading his closely guarded privacy for the chance to help move civil rights forward....

Stock Markets

GDP growth was much stronger than expected in Q3. According to the BEA's advanced estimate , GDP grew at a 3.5% pace. While this was down from 4.6% in Q2, it was well ahead of the 3.0% expected by economists. The big...
Initial jobless claims rose to 287,000. The expectation was for 285,000. Last week's  claims were revised to 284,000 from 283,000. The 266,000 reading two weeks ago was the lowest since April 2000. Join the...
DETROIT (Reuters) - Chrysler Group said on Thursday that it was recalling 33,443 light trucks in two separate campaigns to prevent false warnings from the tire pressure monitor systems. Chrysler, a unit of Fiat Chrysler...
(Reuters) - MasterCard Inc, the world's second-largest debit and credit card company, posted a 15.5 percent rise in quarterly profit as more customers used its cards to make purchases. The company's net income rose to...