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Foxconn working towards cutting planned investment into Sharp: sources
TOKYO (Reuters) - Taiwan's Foxconn is working towards reducing its planned investment into loss-making Japanese electronics firm Sharp Corp by around 100 billion yen ($893 million) from an initial plan...
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Brazilian shoemaker Arezzo strides deeper into U.S. market
By Brad Haynes and Cesar BianconiSAO PAULO (Reuters) - Shoemaker Arezzo&Co is fighting for a bigger share of the cutthroat U.S. market, a place many other Brazilian manufacturers fear to tread,...
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Apple's privacy fight does not win extra points for security: poll
By Jim Finkle(Reuters) - Most Americans trust Apple Inc to protect their personal information from hackers, according to a national Reuters/Ipsos poll, but not any better than rivals Google, Amazon and...
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World's longest aircraft readies for first flight in Britain
LONDON (Reuters) - The world's longest aircraft, an airship spanning more than six double-decker buses, is set to make its maiden flight later this Spring, British manufacturer Hybrid Air Vehicles said...
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The 10 most important things in the world right now
Good morning! Here's what you need to know on Tuesday.1. Apple unveiled its latest iPhone, the iPhone SE, at an event on its Cupertino, California, campus on Monday.The SE has a similar body to the...
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10 things you need to know in markets today
Good morning! Here's what you need to know in markets on Tuesday.Activity levels across Japan’s massive manufacturing sector contracted in March. The latest flash manufacturing purchasing managers’...
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Explosions at Brussels airport and metro station kill dozens
Death toll climbs to 28 in attacks on Brussels airport and metro station.Dozens injured in what prosecutors say was a suicide bombing.All public transport shut down in Brussels.Authorities launch...
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The European economy is growing again
It's flash PMI day in Europe, meaning we're getting an early estimate for growth in February.The verdict? Better than the last few months.According to the data, released by Markit, the eurozone saw a...
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Pound, euro both fall on Brussels explosions
The euro fell sharply on Tuesday, as Brussels was rocked by a series of explosions.The currency was down against the dollar:And fell even more sharply against the yen, which became a safe...
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European stocks are tumbling after several explosions at Brussels airport and...
Stocks across the board are tumbling on Tuesday after a series of explosions rocked the Belgian capital, Brussels.Every major European index is in negative territory, with all but the FTSE 100 off more...
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Cheap bicycles helped keep UK inflation at historical lows in February
UK inflation came in at 0.3% for February, according to official figures released on Tuesday.The Office for National Statistics says the consumer price index — the key measure of inflation — held...
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Oil prices are up as the world watches Iran
The price of both brent and American crude oil are holding steady on Tuesday morning, following on from a big fall in prices on Monday.Both crude and brent mirrored each others' slight upswings as they...
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Citigroup says being investigated in Germany over dividend trades
FRANKFURT (Reuters) - Citigroup is being investigated by German tax authorities over an equity trading strategy known as "cum-ex" or "dividend stripping," the U.S. bank said on Tuesday.Dividend...
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Brazil's federal police launches new raid in Petrobras case
BRASILIA (Reuters) - Brazilian federal police were seeking to arrest 15 people on Tuesday as part of the corruption investigation centered on state-run oil producer Petroleo Brasileiro SA , police...
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Birkin bags and silk scarves set Hermes sales on fire
Hermes, the makers of the iconic Birkin bag and silk scarves, defied expectations and beat profit forecasts in 2015.The luxury goods maker said in its 2015 results statement that sales in Europe and...
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Goldman Sachs: Chinese workers want to have more fun
It's not just talk. China's grand rebalancing of its economy away from manufacturing and towards services is finally having an impact.And a positive one.While wage growth in manufacturing is...
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Markets are jumping as European stocks recover following the Brussels...
European markets are treading carefully on Wednesday morning, but have seen small gains, as the continent continues to react to the devastating terrorist attacks which hit the Belgian capital Brussels...
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William Hill says a crackdown on problem gambling is costing it £25 million...
William Hill's online operation is not working as planned.The bookmaker on Wednesday warned that it expects operating profit for the year to be between £260 million and £280 million — a decline from...
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Fiat Chrysler to recall 419 cars in Russia: standards agency
MOSCOW (Reuters) - Fiat Chrysler Automobiles will recall 419 Jeep Grand Cherokee, Jeep Liberty and Dodge Viper cars in Russia, the country's technical safety watchdog Rosstandart said on...
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These 2 property charts show that London might as well be its own country
London house prices are now so out of control they bear almost no relation to the rest of the UK, figures from the Office of National Statistics (ONS) confirmed on Tuesday.London and South East...
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