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World - China profits boost Asia stocks, Europe unenthused


BEIJING (AP) Asian stock markets were mostly higher Monday, shrugging off jitters about stiffer Western sanctions against Russia, after China reported strong corporate profits. Benchmarks in Paris and London also rose but many other European markets drifted lower.


Monday, July 28, 2014  10:47

Yahoo

World - Factbox: EU paper details options for sanctions against Russia


European Union countries are considering tougher sanctions against Russia over its role in the conflict in eastern Ukraine and the downing of the Malaysian airliner that killed 298 people last week. Ambassadors of the 28-nation bloc met on Thursday to discuss options drafted by the executive European Commission, that could be turned into legal measures and approved as early as next week. Following are the key points of a Commission options paper that was the basis for the discussion: CAPITAL MARKETS * Russian banks with state ownership over 50 percent would not be able to raise capital through new share or debt issues on European Union`s capital markets * The ban would apply to debt, equity and other financial instruments with maturity longer than 90 days issued by state-run financial institutions after the ban enters into force * The ban would include both primary and secondary markets * The sanctions are expected to boost Russia`s borrowing costs, undermine public finances * Russian government debt would not be part of the ban in the initial stage.


Thursday, July 24, 2014  16:16

Yahoo

Business - Ukraine nerves send European shares lower


By Patrick Graham LONDON (Reuters) - European stock markets fell across the board on Monday, concerned by an escalation in tensions between Russia and the West and reports the Ukrainian army was moving on a major rebel stronghold. The step up in rhetoric over Russia`s involvement following last week`s downing of a Malaysian airliner had offered hope for some investors that stronger action by Western powers could push the conflict toward a peaceful conclusion. `The Ukraine situation has the potential to get ever worse,` said Hantec Markets analyst Richard Perry, referring to the reports out of Donetsk at the start of European trading. Asian markets - excluding Japan which was closed for a holiday - had gained 0.3 percent on the back of a strong finish for Wall Street on Friday on upbeat U.S. corporate earnings, with more reports due this week.


Monday, July 21, 2014  10:10

Yahoo

Business - Nissan first-quarter profit boosted by higher U.S., China sales


Nissan Motor Co`s operating profit rose a higher-than-expected 13.4 percent in the April-June quarter on improved sales in the United States and China, its two largest markets, following a change in senior management overseeing U.S. operations. Nissan said on Monday its first-quarter operating profit was 122.6 billion yen ($1.20 billion), exceeding the 109.1 billion yen mean estimate of 12 analysts polled by Thomson Reuters I/B/E/S. It stuck with an annual operating profit forecast of 535 billion yen for the financial year ending in March 2015. Nissan`s April-June vehicle sales grew 14.1 percent in the United States to around 350,000 vehicles in the quarter, while globally they rose 6 percent to 1.24 million. Nissan`s average incentive offering per vehicle was $2,323 for April-June, according to data from TrueCar, the highest among Japanese carmakers, although it has been declining over the past few months.


Monday, July 28, 2014  10:47

Yahoo

World - London`s FTSE rises at open


London (AFP) - London`s leading share index climbed at the start of trading on Monday following gains in Asian markets and as investors await the release of key US data.


Monday, July 28, 2014  10:21

Yahoo

World - Nissan profit rises on strong sales, cheap yen


TOKYO (AP) Healthy sales and a favorable exchange rate pushed up Nissan`s fiscal first quarter profit nearly 37 percent, as vehicle sales grew in North America, China and other overseas markets.


Monday, July 28, 2014  09:28

Yahoo

Business - Twitter is Still the Best Water Cooler Ever for Brands


Twitter is an essential platform for businesses marketing to other businesses and it`s morphing quickly to a direct response `buy it now` platform functionality like Pinterest and Facebook. I anticipate `social selling` will accelerate moving forward, as social platforms embrace mobile enabled direct commerce and marketers pour more money into...


Monday, July 28, 2014  06:09

Yahoo

Business - China condemns U.S. anti-dumping duties on solar imports


China`s Commerce Ministry castigated the United States on Monday for setting new import duties on Chinese solar products, saying Washington`s actions risked damaging the industry in both countries. The U.S. Commerce Department on Friday placed anti-dumping duties as high as 165.05 percent on solar panels and cells from China after a preliminary finding that the products were being sold too cheaply in the U.S. market. The move, which must still be confirmed, was the latest in a long-running solar industry trade spat between the world`s two largest economies, and comes on top of anti-subsidy duties levied last month. `The frequent adoption of trade remedies cannot resolve the United States` solar industry development problems.


Monday, July 28, 2014  06:09

Yahoo

World - Rosario Murillo: Nicaragua`s `first comrade`


MANAGUA, Nicaragua (AP) In Nicaragua, where Marxist dogma has given way to a free market economy, the red-and-black flags of the Sandinista revolution have been supplanted by the pink and baby blue colors favored by the country`s first lady, `la companera` Rosario Murillo.


Monday, July 28, 2014  05:16

Yahoo

World - China profits boost Asian stock markets


BEIJING (AP) Asian stock markets were mostly higher Monday, shrugging off jitters about stiffer Western sanctions against Russia, after China reported strong corporate profits.


Monday, July 28, 2014  05:16

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