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8 minutes ago // Wall Street Journal

business Syngenta Profit Hurt by Bad Weather

Syngenta reported a fall in first-half profit as bad weather in its important North American market weighed on the Swiss chemical company's overall performance.

18 minutes ago // BBC

business Disability benefits flaws 'grave'

The disability benefits system requires a "fundamental redesign" because flaws in the process are so "grave", a group of MPs says.

32 minutes ago // The Guardian

business Bank of England claims credit for recovery, as markets await MPC minutes business live

"Things would have been much worse" without us, says Bank of England executive director Paul Fisher.Paul Fisher: We delivered the recoveryComing up: Bank of England minutes, and a Mark Carney speech

32 minutes ago // BBC

business New contracts boost Capita profits

Outsourcing group Capita sees a 16% rise in profits after winning contracts worth 1.3bn, including a 10-year contract to manage the UK government's military estates.

38 minutes ago // Wall Street Journal

business STMicro In Profit After Strategy Shift

STMicroelectronics swung to its first quarterly profit in more than two years as Europe's largest semiconductor maker continues to wind down its communication chip business to focus on making chips for cars and other applications.

46 minutes ago // The Guardian

business Bank of England claims credit for recovery, as market awaits MPC minutes business live

"Things would have been much worse" without us, says Bank of England executive director, ahead of the publication of the minutes of its latest monetary policy meeting Continue reading...

47 minutes ago // Boston Herald

business Ultra high definition TVs boost LG Display profit

SEOUL, South Korea LG Display Co. says its earnings for the April-June quarter more than doubled thanks to improved demand for ultra-high-definition TVs.The South Korean display panel maker said Wednesday its net income reached 256 billion won $250 million, compared with 105 billion won a year earlier.Analysts polled by FactSet, a financial data provider, expected profit of 114 billion won.The panel supplier for Apple Inc. said higher demand for UHD TVs during the W

49 minutes ago // Wall Street Journal

business Daimler Boosted by Mercedes

Daimler reported a sharp rise in second-quarter operating earnings on record sales at its Mercedes-Benz luxury car division and confirmed it expects to report significant growth for the full year.

52 minutes ago // BBC

business China detains five over meat scandal

China detains five people as part of its probe into a firm that allegedly supplied out of date meat to fast food chains, including McDonald's and KFC.

54 minutes ago // Reuters

business Unclear how many bodies recovered from Ukraine crash site: Australian PM

SYDNEY, July 23 Reuters - Australian Prime Minister Tony Abbott said on Wednesday that it was still unclear how many bodies from downed Malaysia Airlines Flight MH17 had arrived in the Ukrainian city of Kharkiv and how many may have been left behind at the crash site. Reporting by Matt Siegel; Editing by Ron Popeski

1 hour ago // Wall Street Journal

business Alstom Orders Soar but Sales Fall

Alstom said orders doubled in the first quarter, boosted by its largest-ever train contract in South Africa, though orders for power equipment fell during the period.

1 hour ago // The Times of India

business Air hostesses, loaders turn pilots at AirAsia

While, AirAsia India's fate in a turbulent sky of cut-throat competition is unknown, its quirky hiring has certainly caught the industry's attention.

1 hour ago // Wall Street Journal

business STMicro Swings to Profit After Strategy Shift

STMicroelectronics swung to its first quarterly profit in more than two years as Europe's largest semiconductor maker continues to wind down its communication chip business to focus on making chips for cars and other applications.

1 hour ago // Reuters

business Five held in China food scandal probe, including head of Shanghai Husi Food

SHANGHAI Reuters - Shanghai police said on Wednesday they detained five people in an investigation into a Chinese-based supplier of foreign fast-food brands, including KFC, McDonald's Corp and coffee chain Starbucks Corp, over allegations the firm supplied old and rotten meat.

1 hour ago // Sky News

business China Chicken Scandal Hits Fast Food Chains

The latest in a series of food scandals in China sees a supplier shut down for allegedly supplying expired meat.

1 hour ago // Reuters

business UPDATE 2-Five held in China food scandal probe, including head of Shanghai Husi Food

Five Shanghai Husi staff detained include head and quality chief - police

1 hour ago // Wall Street Journal

business Daimler Second-Quarter Profit Rises

Daimler reported a sharp rise in second-quarter operating earnings on record sales in its Mercedes-Benz luxury car division. The German automotive group also confirmed its upbeat outlook of significant growth in the full year.

1 hour ago // Reuters

business Asia stocks rise as focus shifts from risk aversion, Aussie spikes

TOKYO Reuters - An index of Asian shares touched a fresh three-year high on Wednesday as some markets focused on company earnings more than geopolitical tensions while the Australian dollar spiked on stronger-than-expected inflation data.

1 hour ago // BBC

business UK 'still exporting arms' to Russia

The UK is still exporting millions of pounds worth of arms and other military equipment to Russia., despite concerns over its links to separatist rebels, say MPs.

1 hour ago // Reuters

business European Factors to Watch-Shares to edge back; focus on Ukraine

Adds detail, company news, updates table EDINBURGH, July 23 Reuters - European stocks were seen edging lower at the open on Wednesday, easing back from a surge in the previous session as investors remained jittery over conflicts in Ukraine and the Middle East. The FTSEurofirst 300 index of top European shares ended 1.3 percent stronger at 1,373.75 points on Tuesday, boosted by good earnings and signs of co-operation between rebels and the West for an investigation into the shooting d

1 hour ago // Reuters

business GLOBAL MARKETS-Asia stocks rise as focus shifts from risk aversion, Aussie spikes

MSCI Asia pushes to fresh three-year high after S&P 500 rises to record

1 hour ago // The Guardian

business AMA warns against push by private health insurers into 'US-style care'

Brian Owler, Australian Medical Association president, fears medical profession at risk of being undermined Continue reading...

1 hour ago // MSNBC

business Grocery Workers Call for Boycott to Support Fired CEO

Workers at Market Basket have a clear message to the family controlling the grocery chain: They want their fired CEO back on the job.

1 hour ago // Reuters

business PRESS DIGEST- New York Times business news - July 23

July 23 Reuters - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.

1 hour ago // Sky News

business Apple Profits Up 12% As Microsoft Innovates

The latest results from Apple and Microsoft underline the challenges they face to grow profits while improving their products.

1 hour ago // The Telegraph

business Bank of England delivered recovery with this formula: QE + FLS

Paul Fisher, the BoE economist, says quantitative easing and the funding for lending scheme underpinned the Britain's return to growth

1 hour ago // Wall Street Journal

business Daimler Second-Quarter Profit Rises

Daimler AG reported a sharp rise in second-quarter operating earnings on record sales in its Mercedes-Benz luxury car division. The German automotive group also confirmed its upbeat outlook of significant growth in the full year.

1 hour ago // Boston Herald

business Asia stocks bolstered by US earnings, home sales

SEOUL, South Korea Asian stock markets mostly rose Wednesday, bolstered by solid U.S. earnings and home sales. Indonesian stocks advanced after the official vote count showed Joko Widodo the clear winner of a bitterly contested presidential election.Hong Kong's Hang Seng was up 0.8 percent to 23,962.98 and Australia's S&P/ASX 200 rose 0.6 percent to 5,575.10 helped by the brisk output report by mining giant BHP Billiton.

1 hour ago // Reuters

business Nikkei edges down in choppy trade as investors avoid risk

TOKYO, July 23 Reuters - Japan's Nikkei share average edged down in choppy trade on Wednesday as investors sought to avoid geopolitical risk such as the Gaza crisis, dragging down index-heavyweight SoftBank Corp and exporters such as Honda Motor Co. The Nikkei ended 0.1 percent lower to 15,328.56. The broader Topix dropped 0.1 percent to 1,272.39, while the JPX-Nikkei Index 400 was also down 0.1 percent at 11,587.07. Reporting by Ayai Tomisawa; Editing by Stephen Coates and Eri

1 hour ago // Reuters

business Centrica drills dry well in Norwegian North Sea

OSLO, July 23 Reuters - Britain's Centrica drilled a dry well in the Norwegian sector of the North Sea, the Norwegian Petroleum Directorate said on Wednesday.

1 hour ago // Reuters

business UPDATE 1-Market Chatter-Corporate finance press digest

Adds items on China Huarong, Bulgaria cbank governor, Metlife, Repsol and JPMorgan Chase

1 hour ago // USA Today

business Daimler on 'profitable growth track' in Q2

Overall, Daimler posted a net profit just under $3 billion for the second quarter.  

1 hour ago // Wall Street Journal

business Alstom Orders Double but Sales Fall

Alstom said orders doubled in the first quarter, boosted by its largest-ever train contract in South Africa, though orders for power equipment fell during the period.

1 hour ago // Reuters

business UPDATE 1-Chipmaker STMicro predicts 3 pct sales growth in Q3

PARIS, July 23 Reuters - STMicroelectronics posted second-quarter revenue and profit that met expectations, driven by sales of chips for cars and industrial products, as it surfed on strong demand that is lifting the entire semiconductor sector.

1 hour ago // Reuters

business Watch what markets don't do as world politics turns nasty

LONDON Reuters - Like so much in the investment world of late, it's what financial markets are not doing right now that is most intriguing.

1 hour ago // ABC

business Daimler Revenue up; Profit Drops After 1-Time Gain

Daimler revenue up in 2nd quarter, outlook intact but profit lower after 1-time gain in 2013