Wednesday, December 3, 2014
The global smartphone market will see cooler growth in the next few years, amid “cutthroat” competition that will bring down prices for many consumers, a market tracker said Monday.
Tuesday, December 2, 2014
World stocks mostly fell Monday. Germany's DAX shed 0.6 percent to 9,922.53 and France's CAC 40 dropped 1.1 percent to 4,343.60. Britain's FTSE 100 shed 1 percent to 6,656.39. Futures pointed to losses on Wall Street.
The dollar notched up further gains against the yen in Asia on Monday as investors embraced lower oil prices as a plus for the U.S. economy.
E.ON, Germany's largest power supplier, on Sunday announced the creation of a spin-off company as part of a major restructure that will allow it to focus more on renewable energy.
Oil prices fell further in Asia on Monday to new multi-year lows, continuing a steep selloff sparked by OPEC's decision to maintain crude output in an oversupplied market.
Saturday, November 29, 2014
Ending months of deadlock, the World Trade Organization (WTO) agreed Thursday to implement the first global trade reform agreement in its 19-year-history.
Crude oil and energy shares tumbled Friday as OPEC's decision to keep production steady rippled across the globe. Japanese stocks rose after a slew of uninspiring economic data raised hopes that more stimulus was in the pipeline while other global indexes were mixed.
Oil extended losses in Asian trade Friday after the OPEC cartel refused to cut production despite a global glut that has sent prices slumping to four-year lows, with analysts warning of further falls to come.
Malaysia's Sime Darby, the world's biggest listed palm-oil producer by acreage, announced on Friday a 2.4 percent rise in net profit in the July-September quarter, mainly on the back of higher output.
The yen weakened in Asia on Friday after a slate of tepid Japanese data that has dealt another blow to the government's plans to end years of deflation.