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27 minutes ago // Sky News

business Strike Trips Up Largest Sport Shoe Factory

A Chinese company with 40,000 staff is hit by a massive labour dispute, hampering production for the world's most famous brands.

29 minutes ago // Wall Street Journal

business France's Syria Worries Spur Crackdown

France is trying to prevent French nationals from traveling to Syria to join jihadist groups fighting the regime, underscoring concerns that Syria has become an incubator for terrorist attacks on European soil.

31 minutes ago // Wall Street Journal

business Ericsson Reports Sharp Revenue Decline

Sweden's Ericsson reported an unexpectedly sharp decline in revenue for the first quarter, blaming lower revenue in North America and Japan which was only partly offset by growth in China, the Middle East and Latin America.

37 minutes ago // Sky News

business Center Parcs' Term-Time TV Advert Banned

The ad promoting family mid-week breaks that were not available in school holidays is branded "irresponsible" by authorities.

37 minutes ago // BBC

business Primark to open its first US stores

Clothing retailer Primark is to open its first US stores, beginning with a 70,000 square-foot shop in Boston.

39 minutes ago // Reuters

business Spirent revenue rises on China 4G orders

April 23 Reuters - British telecoms testing company Spirent Communications Plc reported a rise in quarterly revenue and operating profit as the roll-out of 4G networks in China pushed up orders.

41 minutes ago // Wall Street Journal

business ARM Holdings Posts Higher Profit

Computer chip designer ARM Holdings reported a rise in first-quarter profit boosted by demand for its technology for a growing range of products including so-called supercomputers and sensors.

42 minutes ago // Wall Street Journal

business Spain's Basques Stall on Self-Rule

The nationalist parties that rose to power in the Basque Country 1 years ago promising a peaceful path to self-rule are now finding themselves stuck.

43 minutes ago // Wall Street Journal

business Europe Confronts Its Roma Problem

A decade after countries with large Roma, or Gypsy, populations started joining the EU, the bloc is aiming to overcome centuries of discrimination that have kept the Roma disproportionately uneducated, jobless and poor.

43 minutes ago // Reuters

business Amec says trading in line, warns on currency

LONDON, April 23 Reuters - British engineering firm Amec said on Wednesday it was on track to meet expectations, although the strengthening of the pound against North American currencies would hit earnings.

44 minutes ago // Wall Street Journal

business Australia to Buy 58 F-35 Jet Fighters

Australia said it would buy 58 Lockheed Martin Corp. F-35 Joint Strike Fighters in a deal worth about US$12 billion.

46 minutes ago // Wall Street Journal

business China Trust-Sector Growth Slows

The growth of assets managed by China's trust companies moderated as the economy lost momentum and regulators stepped up supervision over the rapidly expanding "shadow-banking" sector.

47 minutes ago // Sky News

business Primark Sees Profit Up 26% In Last Six Months

The owner of Primark sees strong returns for the first half, as its European retail expansion plans continue.

47 minutes ago // Reuters

business Europe Factors to Watch-Stocks set to pause ahead of PMIs

PARIS, April 23 Reuters - European stocks were set to open flat to slightly lower on Wednesday, taking a breather following the previous session's sharp rally as investors awaited manufacturing data for France, Germany and the euro zone. At 0616 GMT, futures for Euro STOXX 50, for UK's FTSE 100, for Germany's DAX and for France's CAC were flat to down 0.1 percent. Data showed on Wednesday China's HSBC/Markit flash Purchasing Managers Index PMI for April rose to 48.3 from March's fina

48 minutes ago // Reuters

business UPDATE 1-UK Stocks-Factors to watch on April 23

LONDON, April 23 Reuters - Britain's FTSE 100 index is seen opening flat to up by 1 point according to financial bookmakers, while the FTSE 100 futures contract was also trading flat by 0620 GMT. For more on the factors affecting European stocks, please click on

49 minutes ago // Reuters

business RPT-Market Chatter- Corporate finance press digest

Repeats items published earlier on Wednesday with no changes to text

54 minutes ago // Sky News

business Primark Sees Profit Up 26% In Last Six Months

Dscount fashion chain Primark has seen its half-yearly operating profit rise 26% to 298m.

57 minutes ago // The Telegraph

business China manufacturing contracts at a slower pace

HSBC's flash manucturing PMI shows factory activity in China rose to 48.3 in April from 48 in March

58 minutes ago // Boston Herald

business Toyota sells 2.58 million vehicles, outselling GM

TOKYO Toyota kept its position at the top in global vehicle sales for the first quarter of this year, outpacing rivals General Motors and Volkswagen.Toyota Motor Corp. said Wednesday that it sold a record 2.583 million vehicles in the January-March period, putting the Japanese automaker ahead of Detroit-based GM at 2.42 million and Volkswagen of Germany at 2.4 million.Toyota's first quarter sales rose by more than 6 percent from the same period the previous year. GM's sales

59 minutes ago // Wall Street Journal

business Global Drug Industry Does About-Face

After decades of broadening their drug portfolios through acquisitions, pharmaceutical companies are reversing course to focus more narrowly on what they think they can do best.

59 minutes ago // Wall Street Journal

business Newcrest Mining Cuts Jobs

Newcrest Mining Ltd. said it cut hundreds of jobs in Papua New Guinea in a push toward austerity. The decision comes after the company launched a raft of cost-cutting projects across its operations last quarter.

1 hour ago // Reuters

business Reed Elsevier sees another year of earnings growth

LONDON, April 23 Reuters - Anglo-Dutch business information provider Reed Elsevier said it expected to post another year of underlying revenue and earnings growth in 2014 after trading broadly in line during the first quarter.

1 hour ago // Reuters

business GLOBAL MARKETS-China shares down, Aussie drops after inflation data

SINGAPORE, April 23 Reuters - China's stock markets fell again on Wednesday after a survey showed manufacturing activity in the world's second-biggest economy was still contracting in April, while the Australian dollar tumbled to a two-week low after data showed surprisingly low inflation.

1 hour ago // Reuters

business BRIEF-Kentz awarded $125 mln contract in Kuwait by Fluor

Kentz corporation - kentz awarded us$125m 5 year contract in kuwait

1 hour ago // BBC

business Renewable energy projects approved

Eight renewable energy projects, expected to support 8,500 jobs, are given the green light by the government.

1 hour ago // Reuters

business Nikkei gains on Wall St rally, investors cautious ahead of earnings

TOKYO, April 23 Reuters - Japanese stocks rose on Wednesday, spurred by Wall Street gains on solid earnings and merger activity, but buying was tempered ahead of the looming local reporting season. The Nikkei rose 1.1 percent to 14,546.27, erasing its losses on the previous day, but it remained below Monday's two-week high of 14,649.50. The broader Topix rose 1.0 percent to 1,173.81 while the new JPX-Nikkei Index 400 gained 1 percent to 10,682.73. Editing by Kim Coghill

1 hour ago // Reuters

business Safran CEO sees strong civil market, declines comment on mandate

PARIS, April 23 Reuters - Safran expects "very solid" orders for engines and other equipment in 2014 amid robust activity in the commercial aircraft market, its chief executive said on Wednesday.

1 hour ago // The Guardian

business For the record, Domestic & General won't honour our warranty

We took out cover for a new PVR, now they say it doesn't exist Continue reading...

1 hour ago // BBC

business GM seeks to bar some ignition cases

General Motors asks a US court to bar some lawsuits relating to its recall over faulty ignition switches.

1 hour ago // Reuters

business UK Stocks-Factors to watch on April 23

LONDON, April 23 Reuters - Britain's FTSE 100 index is seen opening flat to up by 1 point, according to financial bookmakers. For more on the factors affecting European stocks, please click on

1 hour ago // Reuters

business China Resources Holdings appoints new chairman, replacing Song

HONG KONG Reuters - China Resources Holdings Co Ltd has appointed a new chairman with immediate effect, replacing Song Lin who is being investigated by Chinese authorities, the firm said in a statement on Wednesday.

1 hour ago // Reuters

business China activist missing after trying to help striking workers

SHANGHAI, April 23 Reuters - A prominent Chinese labour activist has been missing for more than 24 hours and his wife suspects he was detained by state security agents after trying to help workers involved in China's biggest strike in years organise their case.

1 hour ago // Reuters

business REFILE-Thailand's PTTEP buys Hess assets in $1 bln deal - CEO

Corrects Reuters stock code for PTTEP, adds code for Hess

1 hour ago // Reuters

business PRESS DIGEST- Wall Street Journal - April 23

April 23 Reuters - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.

1 hour ago // Reuters

business REFILE-Australia vows to keep searching to solve missing Malaysian plane mystery

PERTH, Australia, April 23 Reuters - Australia vowed on Wednesday to keep searching for a missing Malaysian plane despite no sign of wreckage after almost seven weeks, and as bad weather again grounded aircraft and an undersea drone neared the end of its first full mission.

1 hour ago // Sky News

business Center Parcs' Term-Time TV Advert Banned

An ad promoting family mid-week breaks that were not available in school holidays is branded "irresponsible" by authorities.