Result Page 82 for Latest World News & Archive

World

Apple tumbles as much as 6 percent in unusual trading

Apple Inc (AAPL.O) shares tumbled shortly after the start of trading on Monday, briefly suffering their largest price drop in at least three months on an unusual spike in volume.

Dec 01, 2014 2:23 PM EST

World

Wall Street falls on weak global data; Apple stumbles

U.S. stocks fell in a broad selloff on Monday, with the S&P 500 suffering its biggest one-day drop in more than a month, as economic data indicated weakness across the globe and the U.S. holiday shopping season got off to a tepid start.

World

U.S. manufacturing cools, but underlying momentum remains

U.S. factory activity moderated in November, but sustained gains in new orders and a rebound in exports suggested the economy remained on a firmer footing despite slowing global growth.

News

U.S. new home sales rise in October, but September revised down

Sales of new U.S. single-family homes rose for a third straight month in October, but a downward revision to the prior month's sales pace indicated the housing market recovery would remain gradual.

Japan PM to seek fresh mandate for 'Abenomics' with snap poll

Japanese Prime Minister Shinzo Abe said on Tuesday that he would call an early election to seek a fresh mandate for his economic policies, and postpone an unpopular sales tax rise, a day after data showed the economy had slipped back into recession.

Nov 18, 2014 11:35 AM EST

Exclusive: Bank of Tokyo-Mitsubishi to pay $315 million over whitewashed report: sources

Bank of Tokyo-Mitsubishi has agreed to pay $315 million to New York's banking regulator for submitting a whitewashed report about its improper handling of transactions involving countries subject to U.S. sanctions, according to people familiar with the matter.

Nov 18, 2014 11:24 AM EST

Japan recession weighs on Wall Street but M&A supports

U.S. stocks dipped on Monday, following four consecutive weeks of gains on Wall Street, as energy shares fell alongside crude futures after Japan slipped into recession.

Nov 17, 2014 12:03 PM EST

Samsung Electronics to build $3 billion smartphone plant in Vietnam

South Korea's Samsung Electronics Co Ltd (005930.KS) has applied for a license to invest $3 billion in building a second smartphone factory in northern Vietnam, a government official said on Monday.

Nov 10, 2014 10:28 AM EST

Europe's bank test celebrations mask mounting challenges

Investors were spared immediate pain on Sunday after the European Central Bank's landmark banking health check did not force massive capital hikes amongst the euro zone's top lenders.

Oct 27, 2014 11:41 AM EDT

Russia and Ukraine reach tentative gas deal in tough Milan talks

Russia and Ukraine made progress on Friday towards resolving a row over gas supplies, but European leaders said Moscow had to do much more to prop up a fragile ceasefire and end fighting in eastern Ukraine.

Oct 17, 2014 11:45 AM EDT

Exclusive: Indonesia's new president plans steep fuel price rises next month

Indonesia's President-elect Joko Widodo plans to raise subsidised gasoline and diesel prices by around 50 percent next month in a bid to bring down the budget deficit in Southeast Asia's largest economy, an adviser told Reuters on Friday.

Oct 17, 2014 11:34 AM EDT

Costs and bidding process scare off European hopefuls

What do European cities Stockholm, Oslo, Krakow, Lviv, St Moritz and Munich have in common? What do European cities Stockholm, Oslo, Krakow, Lviv, St Moritz and Munich have in common? They have all turned down or pulled out of bidding for the Winter Olympics in 2022 and triggered alarm bells at the International Olympic Committee.

Oct 10, 2014 11:51 AM EDT