Skip navigation

20 minutes ago // BBC

business UK unemployment falls to 1.6 million

UK unemployment fell by 52,000 to 1.6 million in three months to November, official figures show.

26 minutes ago // Reuters

business South Korea's Netmarble seeks M&As, U.S. expansion: founder

SEOUL Reuters - South Korea's largest mobile game company, Netmarble Games Corp, is seeking more mergers and acquisitions and intellectual property rights to expand its share of the gaming market in North America and Europe, its founder said.

29 minutes ago // BBC

business Brexit: Boris Johnson says countries queuing up for trade deals

The foreign secretary backs the PM's Brexit speech, saying new deals can be "pencilled in".

38 minutes ago // USA Today

business World stocks mixed as dollar regains footing after slide

World stocks were mixed Wednesday following a sharp correction in the dollar that sapped investor enthusiasm.

42 minutes ago // Wall Street Journal

business Pearson Shares Dive 26% on Profit Warning

Shares in Pearson plunged more than 26% after the worlds largest education company issued a profit warning for 2018 and said it plans to sell its stake in its Penguin Random House publishing joint venture.

52 minutes ago // ABC

business World Stocks Mixed as Dollar Regains Footing After Slide

World stocks are mixed following a sharp correction overnight in the dollar that sapped investor enthusiasm

54 minutes ago // USA Today

business Tom Price, Trump's HHS nominee, to face tough grilling about policies, stock trades

Questions will focus on investments in companies that benefited from his House actions.

1 hour ago // Reuters

business Stock rally in recent months driven by global economy, not Trump: Robeco CIO

TOKYO Reuters - A rally in global stock markets in the past few months is being driven more by improving economic fundamentals than by expectations of more U.S. fiscal stimulus under President-elect Donald Trump, a chief investment officer of Dutch asset management firm Robeco said.

1 hour ago // BBC

business Premier Foods shares slide after profit warning

The Mr Kipling, Bisto and Batchelors owner, Premier Foods, says profits will be 10% lower this year.

1 hour ago // Reuters

business Rio Tinto, Chinalco call it quits on joint exploration venture

BEIJING/SYDNEY, Jan 18 Reuters - Rio Tinto and Aluminium Corporation of China Chinalco have terminated an exploration joint venture after six years of searching unsuccessfully for copper in China, Chinalco confirmed on Wednesday.

1 hour ago // Reuters

business UK receives positive responses from Brussels on leaving plan -Brexit minister

LONDON, Jan 18 Reuters - Britain's Brexit minister David Davis said the government had received positive responses from Brussels after Prime Minister Theresa May set out her priorities for upcoming negotiations on leaving the European Union.

1 hour ago // Reuters

business Indonesia expects Freeport to pay higher taxes -Finance Ministry official

JAKARTA, Jan 18 Reuters - The Indonesian unit of U.S. copper miner Freeport McMoRan Inc is expected to pay more in taxes once it obtains a new mining permit, a finance ministry official said, as part of new rules on the mining sector in Southeast Asia's largest economy.

1 hour ago // Wall Street Journal

business Pearson Shares Dive on Profit Warning

Shares in Pearson plunged more than 20% after the worlds largest education company issued a profit warning for 2018 and said it plans to sell its stake in its Penguin Random House publishing joint venture.

1 hour ago // Reuters

business MIDEAST STOCKS-Saudi Electricity slumps, other shares mixed after Q4 results

DUBAI, Jan 18 Reuters - Shares in Saudi Electricity Co SEC weighed on Saudi Arabia's stock market on Wednesday morning after the company reported a wider net loss for the fourth quarter. Other results had a mixed impact on Saudi stocks.

1 hour ago // BBC

business Premier Foods predicts lower profits

The Mr Kipling, Bisto and Batchelors owner, Premier Foods, says profits will be 10% lower this year.

1 hour ago // BBC

business Sophie the Giraffe: How safe is it?

After mould is reportedly found in the popular children's toy - should parents be worried?

1 hour ago // Reuters

business European shares boosted by company updates, though Pearson plummets

LONDON, Jan 18 Reuters - European shares edged higher on Wednesday in early deals, helped by a slew of well-received company results from ASML, Novozymes and Burberry, though shares in Pearson slumped after its update.

1 hour ago // USA Today

business Asian stocks directionless, dollar steadies after slide

Asian shares were mixed Wednesday following a sharp correction overnight in the dollar that sapped investor momentum.

1 hour ago // Reuters

business BRIEF-Statoil awards service contracts to Baker Hughes, Schlumberger

Baker Hughes and Schlumberger will be awarded contracts for integrated drilling and well services on Cat J rigs Askepott and Askeladden

1 hour ago // Reuters

business HSBC CEO says to move staff with aim of 20 pct of trading revenue in Paris

Jan 18 Reuters - HSBC will move staff generating around 20 percent of its trading revenue to Paris following Britain's exit from the European Union, Chief Executive Stuart Gulliver said on Wednesday in an interview on the sidelines of the annual meeting of the World Economic Forum in Davos, Switzerland.

1 hour ago // VOA

business Chinas Xi Warns of Dangers of Trade War

Chinese PresidentXiJinping warned governmentsof the dangers of a trade war while speaking at the World Economic Forum in Davos, Switzerland on Tuesday. "Pursuing protectionism is like locking oneself in a dark room. Wind and rain may be kept outside, but so is light and air," he said in an obvious reference to U.S. President-elect Donald Trump, who has promised to impose a 45 percent tax on Chinese goods, and a 35 percent tax on German vehicles manufactured outside the United States.

2 hours ago // Reuters

business UPDATE 2-UK Stocks-Factors to watch on Jan 18

Jan 18 Reuters - Britain's FTSE 100 index is seen opening 14 points higher on Wednesday, according to financial bookmakers, with futures up 0.3 percent ahead of the cash market open.

2 hours ago // Reuters

business UPDATE 1-UK competition watchdog gives tentative approval to Mastercard VocaLink deal

LONDON, Jan 18 Reuters - Britain's competition watchdog said on Wednesday that Mastercard has proposed a series of measures that should alleviate its concerns about the credit card giant's takeover of payments processing company VocaLink.

2 hours ago // Reuters

business German stocks - Factors to watch on January 18

The DAX top-30 index looked set to open 0.4 percent higher on Wednesday, according to premarket data from brokerage Lang & Schwarz at 0736 GMT.

2 hours ago // BBC

business S Korea: Samsung chief awaits arrest warrant decision

Lee Jae-yong is accused of bribery in a scandal linked to the impeachment of South Korea's president

2 hours ago // Reuters

business UPDATE 1-UK Stocks-Factors to watch on Jan 18

Jan 18 Reuters - Britain's FTSE 100 index is seen opening 14 points higher on Wednesday, according to financial bookmakers, with futures up 0.2 percent ahead of the cash market open.

2 hours ago // BBC

business EE mobile firm fined 2.7m for overcharging customers

EE, the UK's biggest mobile phone operator, broke billing rules, says regulator Ofcom.

2 hours ago // Time

business 18 Finalists Have Been Named for the 2017 TIME India Awards

The winners will be announced at a ceremony on Jan. 27 at the Confederation of Indian Industrys Partnership Summit in India's Andhra Pradesh state

2 hours ago // Time

business Eighteen Finalists Have Been Named for the 2017 TIME India Awards

The winners will be announced at a ceremony on Jan. 27 at the Confederation of Indian Industrys Partnership Summit in India's Andhra Pradesh state

2 hours ago // Reuters

business Bertelsmann says open to raising stake in Penguin Random House

FRANKFURT, Jan 18 Reuters - German media group Bertelsmann may raise its stake in book publisher Penguin Random House, its joint venture with Britain's Pearson, it said on Wednesday after Pearson said it intended to issue an exit note.

2 hours ago // Reuters

business UK competition watchdog may accept proposed remedies for Mastercard takeover of Vocalink

LONDON, Jan 18 Reuters - Britain's competition watchdog said on Wednesday that Mastercard's proposals might be acceptable in addressing its concerns over the acquisition of payments processing company Vocalink.

2 hours ago // Reuters

business Mexico's Slim to launch TV channel in U.S. for Mexicans

MEXICO CITY, Jan 17 Reuters - Mexican tycoon Carlos Slim's cell-phone company, America Movil, said on Tuesday it would launch a television channel in the United States targeting Mexican audiences later this year, putting it into competition with broadcasters like Univision and Telemundo.

2 hours ago // BBC

business EE mobile firm fined 2.7m for overcharging customers

The UK's biggest mobile operator broke billing rules, causing tens of thousands of customers to overpay.

2 hours ago // Reuters

business REFILE-Finance industry's "worst case" on Brexit spurs contingency plans

LONDON, Jan 17 Reuters - Britain's financial services sector will accelerate plans to move some business overseas after Prime Minister Theresa May said on Tuesday the country will quit the European Union's single market.

2 hours ago // Reuters

business Broadcaster CME minority shareholder urges sale of company

PRAGUE, Jan 18 Reuters - TCS Capital Management, a minority shareholder in broadcaster Central European Media Enterprises CME , has urged the company to hire an investment bank to run a sale process.

2 hours ago // Reuters

business BRIEF-Amazon walked away from Souq.com takeover talks - Bloomberg

Amazon and India's Flipkart walked away from talks to acquire Dubai-based Souq.com after disagreeing over price - Bloomberg, citing sources