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Facebook, Google Balk at Loophole in Bill to Rein in NSA

May 22nd, 2014 (0)
A group of technology companies, including Facebook Inc. (FB), Google Inc. (GOOG) and Apple Inc. (AAPL), said the bill U.S. lawmakers plan to vote on today to limit National Security Agency spying doesn’t go far enough. The legislation “has ...

BNP Case Shows French Companies Learn U.S. Law Hard Way

May 22nd, 2014 (0)
Some French companies have been slow to learn that doing business in the U.S. means obeying its laws. U.S. authorities are seeking a record fine against BNP Paribas SA (BNP) that would make it the first French bank since ...

European Stock-Index Futures Advance After Fed Minutes

May 22nd, 2014 (0)
European stock-index futures climbed, indicating equities may rise a second day, as minutes from the latest Federal Reserve meeting showed policy makers expect the inflation rate to remain below their target, and as Chinese manufacturing data beat estimates. U.S. ...

China’s Lenovo sees 29% jump in full year net profit

May 21st, 2014 (0)
The world’s biggest personal computer maker has reported a 29% jump in full-year earnings while at the same time extending its position as market leader in the PC industry. Lenovo earned a record $817m (£485m) in net profit for ...

Eastern dryness mars strong Australia crop outlook

May 20th, 2014 (0)
Dryness in eastern Australia is marring otherwise favourable prospects for US growers, and posing an “increasing risk” to a recovery in cattle prices, RuralCo said, as the farm services group unveiled a return to the black. The grain trading-to-farm ...

European Stocks Little Changed Amid Earnings Reports

May 20th, 2014 (0)
European stocks were little changed, with the Stoxx Europe 600 Index trading within 1 percent of a six-year high, as investors weighed corporate earnings. U.S. index futures and Asian shares were little changed. Carnival Plc climbed 3.8 percent after ...

GoPro plans to list on the Nasdaq stock exchange

May 20th, 2014 (0)
Wearable camera-maker GoPro has filed documents for a public share sale in the US. Money raised from the initial public offering (IPO) will go towards repaying debt and future acquisitions. The filing did not reveal how many shares the ...

Marks and Spencer sees profits fall

May 20th, 2014 (0)
Marks and Spencer has reported a 3.9% fall in underlying annual profit to £623m, the third consecutive year its profits have fallen. The retailer also said that group sales rose by 2.7% to £10.3bn in the year to 29 ...

Gunmen Storm Libya Parliament as Violence Grips Oil-Producer

May 19th, 2014 (0)
A Libyan military police chief said he disbanded parliament after a militia group he backs stormed it yesterday, spreading violence in the energy-rich nation to its capital and sending world oil prices higher. In a televised speech late yesterday ...

SEC Warns Investors About Marijuana-Related Investments

May 19th, 2014 (0)
The U.S. Securities and Exchange Commission cautioned investors about the potential for fraud in microcap companies that claim their operations relate to the marijuana industry after the agency suspended trading in the fifth such company within the past two ...
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