Wednesday, October 22, 2014
The U.S. dollar fell against the Taiwan dollar Tuesday, shedding NT$0.014 to close at NT$30.401 as China's stronger-than-expected economic growth in the third quarter bolstered confidence in the regional economy, dealers said.
The latest version of Samsung's popular big-screen Galaxy Note has gone on sale at a crucial time for the South Korean company as it suffers a rapid decline in profit from its global smartphone business.
AbbVie is walking away from its proposed US$55 billion takeover bid of Shire and has agreed to pay the rival drugmaker a US$1.64 billion breakup fee.
Amazon has reached a deal with American book publisher Simon & Schuster, the companies said, though the e-commerce giant remains at loggerheads with France's Hachette over e-book pricing.
Ikea, whose stadium-sized furniture stores draw shoppers from miles around, is going where its shopper are: online.
A federal regulator says government-controlled mortgage giants Fannie Mae and Freddie Mac have reached an agreement with major banks that could expand lending.
Sealing a global free trade deal would add US$11 trillion to the world economy and pull 160 million people out of poverty by 2030, economists said in a study published Tuesday.
InterContinental Hotels Group on Tuesday booked rising quarterly revenues per room, buoyed by the United States, and expressed optimism over the annual outlook.
Lufthansa pilots, on strike since Monday, extended their industrial action to include long-haul flights on Tuesday, grounding almost all inbound and outbound services at Germany's usually busy Frankfurt airport.
European stocks were higher and Asian markets meandered Tuesday as data showing China's economy growing at its slowest pace in five years offset another positive lead from Wall Street.