U.S. economy likely slowed by hurricanes in third quarter U.S. economy likely slowed by hurricanes in third quarter: U.S. economic growth probably slowed in the third quarter as hurricanes Harvey and Irma restrained consumer spending and undercut construction activity, but underlying momentum likely remained strong amid robust business investment on […]
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Asian shares gain after upbeat earnings from U.S. tech titans Asian shares gain after upbeat earnings from U.S. tech titans: The euro’s fall looks set to lift European shares with spread betters expecting higher opening of 0.5 percent in Germany’s DAX .GDAXI and 0.6 percent in France’s CAC .FCHI. Britain’s […]
Cloud computing drives massive growth for big U.S. tech firms Cloud computing drives massive growth for big U.S. tech firms: All four companies posted stellar quarterly earnings on Thursday, showing the strength of the shift in corporate computing away from company-owned data centers and to the cloud. Microsoft’s Azure business […]
U.S. new home sales race to nearly 10-year high in September The Commerce Department said on Wednesday new home sales surged 18.9 percent to a seasonally adjusted annual rate of 667,000 units last month amid an increase in all four regions. That was the highest level since October 2007 and […]
Committed to hydrogen cars despite potential game changer EV battery Committed to hydrogen cars despite potential game changer EV battery: Having long touted fuel-cell vehicles and plug-in hybrids as the most sensible technologies to make cars greener, Japan’s top-selling automaker surprised industry watchers last year with plans to add full-sized […]
Amazon rivals turn to legal fine print to stem Whole Foods strategy Amazon rivals turn to legal fine print to stem Whole Foods strategy: As City Center mall’s largest tenant, Target Corp had a say over changes to the property. According to people familiar with the lease discussions, Target balked […]
Apple sees its mobile devices as platform for artificial intelligence Apple sees its mobile devices as platform for artificial intelligence: Later this week, Apple is set to begin taking pre-orders for its new smartphone, the iPhone X – which starts at $999 and uses artificial intelligence (AI) features embedded in […]
Noble Group to sell oil liquids unit to Vitol flags $1.2 billion loss Noble Group to sell oil liquids unit to Vitol flags $1.2 billion loss: Monday’s move came after Reuters reported late on Friday that Vitol, the world’s largest oil trader, was nearing a deal to buy Singapore-listed Noble’s […]
Fed divide on inflation intensified at September policy meeting Fed divide on inflation intensified at September policy meeting: Federal Reserve policymakers had a prolonged debate about the prospects of a pickup in inflation and slowing the path of future interest rate rises if it did not, according to the minutes […]
Global stocks off after North Korea says U.S. declared war euro slides Global stocks off after North Korea says U.S. declared war euro slides: Stocks fell on Wall Street and U.S. government bond yields dropped on Monday after North Korea accused the United States of having declared war on the […]
