Car-buying fuels bump in retail sales
October 16, 2015
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Business

Car-buying fuels bump in retail sales

The index for final demand goods moved down 1.2% percent in September, the largest decrease…

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Fed Doubts Grow on 2015 Rate Hike
October 16, 2015
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Business

Fed Doubts Grow on 2015 Rate Hike

Brainard cited slower progress on employment than expected, as well as stubbornly low inflation, and…

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Movies in a Minute: ‘Steve Jobs’
October 16, 2015
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Movies in a Minute: ‘Steve Jobs’

Yes, Oscar-winner Aaron Sorkin based the movie on the best-selling “Steve Jobs” biography by Walter…

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Spain’s Repsol energy firm to sell assets, cut spending
October 16, 2015
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Business

Spain’s Repsol energy firm to sell assets, cut spending

Spanish oil major Repsol said on Wednesday its net profit could fall by up to…

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GE beats on profits
October 16, 2015
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Business

GE beats on profits

Its revenue declined 1 percent to $31.68 billion, while industrial plus verticals sales came in…

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Alibaba to Open Offices in Europe as US Expansion Continues
October 16, 2015
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Alibaba to Open Offices in Europe as US Expansion Continues

Taiwan’s Foxconn Technology Group (known locally as Hon Hai Precision Industry) and China’s Alibaba Group…

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Chinese economy: Weak inflation figures rekindle investors’ worries over China
October 16, 2015
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Business

Chinese economy: Weak inflation figures rekindle investors’ worries over China

Third-quarter gross domestic product is now forecast to grow 6.8%, down from 7% in the…

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Gurgaon-Jaipur expressway considered for Rs 33000 crore
October 16, 2015
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Business

Gurgaon-Jaipur expressway considered for Rs 33000 crore

The government is considering a proposal to build an expressway connecting Gurgaon and Jaipur at…

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New measures needed to boost inflation – Nowotny
October 16, 2015
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Business

New measures needed to boost inflation – Nowotny

Gloomy figures on regional manufacturing from the New York and Philadelphia Feds also kept a…

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South Korea holds interest rate at record low
October 16, 2015
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Business

South Korea holds interest rate at record low