Intercontinental plans Russia expansion
Not only are smartphones outselling traditional PCs -- soon tablets will, too. Semiconductor king Intel sees the threat, and is responding with incredibly thin laptops boasting full-day battery-life.
REUTERS BUSINESS - 1 HR 33 MINS AGO
Summary: Stocks had their worst day in two weeks and benchmark debt yields hit a 15-month high after the Fed outlines a strategy to begin removing extra stimulus; FedEx beats forecast; Tesla issues recall. Conway G. Gittens reports.
REUTERS BUSINESS - WED JUN 19, 5:05PM CDT
The Fed says it will moderate the pace of its asset purchases later this year- if the economy improves as it expects. Bobbi Rebell reports.
REUTERS BUSINESS - WED JUN 19, 4:37PM CDT
Sprint shares decline as Dish Network bails out of a bidding war to acquire the No. 3 U.S. wireless carrier, but there is still more to fight over. Conway G. Gittens reports.
REUTERS BUSINESS - WED JUN 19, 1:24PM CDT
The International Monetary Fund says Spain has made strong progress in stabilising its economy, but warns the focus must now be on addressing the country's jobs crisis. Ciara Sutton reports.
REUTERS BUSINESS - WED JUN 19, 11:11AM CDT
Speaking in front of the Brandenburg Gate, which once divided communist East Berlin from the capitalist West, President Obama said he wanted to reduce deployed nuclear weapons by a third. The U.S. and EU free trade deal was also on agenda as he met with Chancellor Merkel.
REUTERS BUSINESS - WED JUN 19, 11:08AM CDT
FedEx posts higher-than-expected profits, but it's cutting capacity between the U.S. and Asia. Fred Katayama reports.
REUTERS BUSINESS - WED JUN 19, 10:47AM CDT
Russian and Asian firms want a slice of the airliner market dominated by Airbus and Boeing. But they face a tough time convincing airlines to buy their planes. Julian Satterthwaite reports from the Paris Air Show.
REUTERS BUSINESS - WED JUN 19, 10:46AM CDT
Billionaire investor Carl Icahn is promising a $16 billion stock buyback to Dell shareholders if they turn down the Dell/Silverlake offer to go private. Bobbi Rebell reports.
REUTERS BUSINESS - WED JUN 19, 10:30AM CDT
Lawmakers in Britain are calling for new laws to make it possible to jail "reckless" bankers and claw back past bonus and pension awards. Hayley Platt looks at the implications for the financial industry.
REUTERS BUSINESS - WED JUN 19, 10:20AM CDT
H, the world's second-largest fashion retailer, reports a sharp rise in sales, offsetting the negative impact of a greater than expected drop in earnings in the second quarter. Hayley Platt reports
REUTERS BUSINESS - WED JUN 19, 6:52AM CDT
World Bank President Jim Yong Kim discusses the global economic outlook and the business case for going green at a Thomson Reuters event in London. (ROUGH CUT - NO REPORTER NARRATION)
REUTERS BUSINESS - WED JUN 19, 6:04AM CDT
Berlin's new international airport should have been open for a year, but may not start operating until 2017. The cost has doubled to 4.3 billion euros, mostly due to the delays. Joanna Partridge reports from Berlin on what's gone wrong, and looks at other large German infrastructure project facing delays.
REUTERS BUSINESS - WED JUN 19, 6:00AM CDT
Brazil's president tries to defuse massive protest movement as more demonstrations are held in Sao Paolo. Paul Chapman reports.
REUTERS BUSINESS - WED JUN 19, 6:00AM CDT
Highly radioactive strontium and tritium found in groundwater below Japan's wrecked Fukushima nuclear plant. Paul Chapman reports.
REUTERS BUSINESS - WED JUN 19, 5:56AM CDT
As markets start to question Japan's easing policies, fresh trade data showing a solid rise in exports indicates 'Abenomics' is working. But as Yonggi Kang reports, other figures are less reassuring.
REUTERS BUSINESS - WED JUN 19, 4:08AM CDT
The latest Thomson Reuters/INSEAD Asia Business Sentiment Survey shows firms growing more optimistic. But with China looking shaky and costs set to rise, the celebrations may be short-lived.
REUTERS BUSINESS - WED JUN 19, 2:41AM CDT
As more Americans move into new homes, sales of so-called "white goods" are being closely watched as a key indicator of the consumer mindset. Bobbi Rebell reports.
REUTERS BUSINESS - TUE JUN 18, 4:49PM CDT
Summary: Stocks stage back-to-back rally as confidence grows in Fed buying; Inflation heats up a little; New home construction slower than thought; Icahn says found Dell financing; Sprint sues Dish. Conway G. Gittens reports.
REUTERS BUSINESS - TUE JUN 18, 4:23PM CDT
If Federal Reserve Chairman Ben Bernanke is not nominated for another term, the next Fed chief will need an array of super powers to deal with the economy's crafty villians. But what if no one person possess all the powers the country needs? The only answer - build the perfect central banker. Andy Sullivan reports.
REUTERS BUSINESS - TUE JUN 18, 12:05PM CDT
U.S. consumer prices, excluding food and energy, rose 1.7 percent in the 12-months through May, which should ease Federal Reserve fears of a slowing economy. Conway G. Gittens reports.
REUTERS BUSINESS - TUE JUN 18, 11:59AM CDT
G8 host UK Prime Minister David Cameron outlines decisions made at G8. (Rough cut - no reporter narration)
REUTERS BUSINESS - TUE JUN 18, 11:23AM CDT
At the end of the Group of Eight summit in northern Ireland, British Prime Minister David Cameron said the leaders had tackled tax, trade and transparency. Joanna Partridge reports the leaders' declaration states that tax authorities across the world should now automatically share information and companies should know who owns them.
REUTERS BUSINESS - TUE JUN 18, 11:20AM CDT
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