August 28, 2013 8:53 am
Amazon is boosting its presence on mobile apps by offering developers incentives to implement advertisements for its products in their applications, as online shopping via smartphones booms. Under a program announced on Tuesday, app owners can earn a commission fee of up to 6% from Amazon when users buy a product that they have promoted […]
Read moreAugust 28, 2013 7:33 am
Nissan has took the challenge to launch a car that can drive itself by 2020, provoking a host of car-making rivals and industry newcomers such as Google. The commitment thrusts the Japanese car-maker to the front of a congested race to bring the technology to roads, but will require it to navigate regulatory and legal […]
Read moreAugust 28, 2013 6:53 am
Stocks dropped, with blue chip stocks falling to two-month lows, as investors fretted over escalating tensions in Syria. While much of the attention among traders Tuesday was focused on Syria, the sell-off extends a decline from recent weeks blamed on expectations that the Federal Reserve will decide in September to scale back its economic stimulus […]
Read moreAugust 27, 2013 2:07 pm
U.S. stocks fell, with the Standard & Poor’s 500 Index sliding for a second day, as tension grew over possible military action in Syria and consumer confidence index beating expectations. The S&P 500 slid 0.4% to 1,644.08 at 9:55 a.m. in New York. The Dow Jones Industrial Average dropped 93.74, or 0.6%, to 14,852.72, headed […]
Read moreAugust 27, 2013 11:01 am
U.S. stock index futures declined, sending strong signal the Standard & Poor’s 500 Index will drop for a second day, as investors awaited data that may show consumer confidence retreated from high levels and tension grew over possible military action in Syria. Futures on the S&P 500 expiring in September retreated 0.6% to 1,644.9 at […]
Read moreAugust 27, 2013 8:56 am
Bill Ackman has put his stake in JC Penney up for sale as the hedge fund manager prepares to end three years as the biggest shareholder in the department store business where he has lost at least 40% of his original investment. In a letter to investors in his fund this month, Mr Ackman said […]
Read moreAugust 27, 2013 7:51 am
Daimlers Mercedez-Benz intends to present twenty new models in China in the time-frame of 2 years, part of a broader turnaround effort aimed at reversing the brands recent struggles in the worlds biggest auto market. Daimlers new China chief, Hubertus Troska, and his management team are expected to unveil details of the plan, which also […]
Read moreAugust 27, 2013 6:37 am
U.S. stocks fell, with the Standard & Poor’s 500 Index’s ending two days of gains, after Secretary of State John Kerry said the president will hold Syria’s government accountable for using chemical weapons. The S&P 500 declined 0.4% to 1,656.78 at 4 p.m. in New York, erasing an earlier gain of as much as 0.4%. […]
Read moreAugust 26, 2013 2:44 pm
Telefónica seems to have sealed its deal to buy KPN’s German mobile unit, E-Plus, after approval was gained from major KPN shareholder Carlos Slim by raising the value of its offer from 8.1 billion to 8.55 billion euros. The Spanish telecoms groups original deal to buy KPNs E-Plus unit was placed into doubt earlier this […]
Read moreAugust 26, 2013 11:05 am
U.S. stock-index futures remained almost unchanged as investors focused on the only US data release today – a report that may show orders for durable goods decreased last month. Futures on the Standard & Poor’s 500 Index expiring in September declined 0.1 percent to 1,660.1 at 11:09 a.m. in London. Contracts on the Dow Jones […]
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