Japanese shares lead Asia gainers
04:47am 13 August 2013
Nikkei rebounds after better than expected data, leading gains for most regional markets, but Chinese shares retreat on profit-taking
VIDEO: Asian wage growth led by China
03:49am 13 August 2013
Wages across Asia have almost doubled between 2000 and 2011, according to the International Labour Organization, with the growth led mainly by China.
VIDEO: Singapore backs vertical farms
03:46am 13 August 2013
Singapore imports more than 90% of its food, but the government wants to change that by getting farmers to convert their plots into vertical farms.
VIDEO: Carmaker Hyundai facing strike vote
03:45am 13 August 2013
Union members at South Korean carmaker Hyundai are preparing to vote on whether they should go on strike in a dispute over wages and other benefits.
China's Sina Corp in surprise loss
03:39am 13 August 2013
Sina Corp, which runs China's biggest micro-blogging site, posts a surprise loss in the second quarter as it looks to increase its mobile offering.
BAE sees growth in foreign, commercial electronic systems
12:59am 13 August 2013
HUDSON, New Hampshire (Reuters) - Britain's BAE Systems is gearing up for strong growth in commercial and international orders for its wide range of electronic systems, and expects that to help...
Blackstone bolsters apartments portfolio
12:50am 13 August 2013
The deal which values the portfolio at $2.7bn will be for majority stakes in apartment complexes with roughly 30,000 units in the southern United States
Texas aims to be commercial spaceflight hub
12:20am 13 August 2013
Texas tries to take advantage of commercial space travel
House price inflation jumps to 2006 levels - RICS
12:18am 13 August 2013
LONDON (Reuters) - British house prices are rising at their fastest pace in seven years, according to an industry survey on Tuesday that may raise concerns that government lending incentives are...
Brazil delays high-speed train bids for at least a year
12:14am 13 August 2013
BRASILIA (Reuters) - Brazil's government put off bidding for a high-speed train project for at least one year because there was only one confirmed consortium competing for the 38 billion reais ($16.7...
Rail fare rises to be announced
12:02am 13 August 2013
Millions of commuters will find out later how much regulated rail fares will increase next year when the latest inflation figures are published.
Housing pick-up 'spreads across UK'
12:02am 13 August 2013
Activity amongst home buyers is increasing fastest in parts of the UK where prices have been depressed, an industry survey says.
U.S. FDA approves GlaxoSmithKline's HIV drug Tivicay
11:42pm 12 August 2013
WASHINGTON (Reuters) - The U.S. Food and Drug Administration said on Monday it has approved GlaxoSmithKline Plc's drug Tivicay to treat the most common strain of HIV, the virus that causes AIDS....
BlackBerry may put itself up for sale
11:33pm 12 August 2013
TORONTO (Reuters) - Struggling smartphone maker BlackBerry Ltd is weighing options that could include an outright sale, it said on Monday, and its largest shareholder is stepping down from its board...
Musk unveils 'Hyperloop' idea
11:32pm 12 August 2013
US-based entrepreneur Elon Musk reveals details of his proposed near-supersonic "Hyperloop" transport system to link Los Angeles and San Francisco.
EU questions Italy watchdog on broadband prices
11:13pm 12 August 2013
MILAN (Reuters) - The European Commission has raised questions about the way Italian telecoms watchdog AGCOM arrived at the changes it plans to make to wholesale broadband prices, claiming they could...
Wall Street slips in mixed global trading
10:59pm 12 August 2013
Summer rally’s momentum fades with Wall Street softer after Japanese stocks slide following weaker than forecast economic growth
Blackberry to explore sale of firm
10:16pm 12 August 2013
Blackberry announces that it has formed a committee to explore options for the business, including a possible sale of the company.
Steinway receives new buyout offer
09:52pm 12 August 2013
Steinway Music Instruments receives a new takeover offer valuing the company at $477m, beating a previous offer from Kohlberg & Co.
The Pru should set new targets
09:36pm 12 August 2013
Success of targets in shaping group’s approach and investor attitudes is plain: the share price has almost doubled since the objectives were set out
US banks subpoenaed over metals probe
09:03pm 12 August 2013
Queues have helped drive up cost premiums to record levels, angering consumers from Coca-Cola to General Motors
Freddie Mac spends $2bn on market share
08:48pm 12 August 2013
US Treasury demands changes in how company sells loans to investors. However, move faces opposition from some large fund managers
Diageo paid former boss £14.8m
08:22pm 12 August 2013
The former chief executive of Diageo, Paul Walsh, earned £14.8m in his final year at the drinks giant, according to the firm's annual report.
Norway blocks Apple map flights
08:13pm 12 August 2013
Apple is refused permission to take aerial photos over the city of Oslo to create 3D imagery for its map app.
Stansted staff plan holiday strikes
08:10pm 12 August 2013
Workers who scan baggage at Stansted Airport are to strike over the bank holiday weekend later this month in a row over pay.
Pru Asia revamp would make split easier
08:07pm 12 August 2013
UK-based insurer acknowledges that changes will make it easier to separate Asian business which is profiting from demand from growing middle class
Mexico opens oil sector to investment
07:31pm 12 August 2013
After 75 years, Mexico is opening up its nationalised oil sector to private investment in a bid to boost growth and fund new projects.
Bernanke bailout gets no thanks from Hank
07:27pm 12 August 2013
Fed chief ordered to testify in a lawsuit accusing him of behaving like a flunky in a banana republic by helping to steal AIG from investors
Campbell Soup in talks to sell some European brands to CVC
07:15pm 12 August 2013
(Reuters) - Campbell Soup Co said it was in final talks to sell some of its brands in Europe to private equity firm CVC Capital Partners as it focuses on its core North American soup and meal...