Tuesday, April 21, 2015
U.S. businesses expect their sales will rebound in the next three months after a sluggish first quarter, and they plan to boost hiring and pay, according to a survey released Monday.
After years of steadily-rising airfares, U.S. travelers this summer can expect a tiny bit of relief -- US$2.01 (NT$62) in savings to be exact.
Saudi petrochemicals giant SABIC on Sunday posted a 39 percent decline in net profits for the first quarter of 2015 compared with a year ago before global oil prices plunged.
European markets opened higher Monday as investors shrugged off concerns about mainland China's slowing economy that battered Asian stocks earlier in the day.
The euro dipped Monday on fears about a Greek default, as tense talks between Athens and its international creditors lumber along with no breakthrough in sight.
Oil prices rose in Asia Monday, fueled by sustained unrest in the crude-rich Middle East, while also gaining support on hopes that declining U.S. production will ease a global supply glut, analysts said.
Dutch telecom group KPN said Monday it was selling its Belgian cellphone operator BASE to cable group Telenet for 1.325 billion euros (NT$44.20 billion; US$1.43 billion).
Monday, April 20, 2015
Middle-income economies must increase social spending if they wish to reach the income level of developed countries and end extreme poverty, the president of the World Bank said in an interview published on Sunday.
Several foreign brokerages have raised their target prices on shares of Largan Precision Co. (大立光) after the smartphone camera lens supplier reported a higher-than-expected gross margin for the first quarter of this year.