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European Stocks Decline as Investors Weigh Earnings

July 21st, 2014 (0)
European stocks declined as investors weighed earnings reports and international tensions after the downing of a passenger jet in Ukraine and Israel’s offensive in Gaza. U.S. index futures were little changed, while Asian shares climbed. Aveva Group Plc and ...

China’s Huawei reports 19% jump in sales

July 21st, 2014 (0)
Chinese telecom equipment maker Huawei has reported a 19% jump in sales to 135.8bn yuan ($21.9bn; £12.8bn) for the first six months of the year. It said it expects to make an operating profit margin of 18.3% for the ...

Asia stocks mostly higher, optimistic on U.S. earnings

July 21st, 2014 (0)
Most Asian stock markets edged higher on Monday as investors set aside geopolitical concerns for the moment to focus on the generally upbeat flow of U.S. corporate earnings ahead of a host of results due this week. Volumes were ...

EU, Fiji To Implement Interim Pacific EPA

July 21st, 2014 (0)
On July 18, Fiji notified its decision to apply the interim Pacific Region Economic Partnership Agreement (EPA), which provides for duty and quota free access into the European Union (EU) for all products from the countries concerned. Three of ...

Technical Analysis GBP/USD grinds lower

July 21st, 2014 (0)
Pair’s Outlook There are less and less arguments in favour of a rally. First, the currency pair has been failing to make any meaningful progress for the last three weeks. Second, there is a decreasing number of technical indicators ...

A Fox-Time Warner deal would give Murdoch new heft in China

July 21st, 2014 (0)
Rupert Murdoch’s plan to buy Time Warner would help the Twenty-First Century Fox chairman make larger inroads in China, a fast-growing market that media moguls are finding hard to crack. Time Warner’s board rejected Murdoch’s $80 billion offer, but ...

UAB announces net profit of AED 328 million for H1 2014

July 21st, 2014 (0)
UAB, recently recognized as the fastest growing bank in the region, announces a net profit of AED 328 million for the first six months of the year, an increase of 26 per cent over H1 2013. Sheikh Faisal Bin ...

Malaysia Airlines faces doubtful future

July 18th, 2014 (0)
Shares in Malaysia Airlines closed down 11% in Malaysia following the crash of flight MH17 in Ukraine on route from Amsterdam to Kuala Lumpur. Some Asian stock markets also ended the day lower on fears the crash may intensify ...

Google revenue helped by ads as business boss leaves

July 18th, 2014 (0)
Internet giant Google has reported a 22% jump in revenue during the second quarter period from March through June compared to a year earlier. Revenue rose to $16bn (£9.4bn) and profits were up 6% to $3.4bn, said the firm ...

GE net profit rises

July 18th, 2014 (0)
General Electric Co (GE.N) posted a 13 percent rise in quarterly net income on Friday, helped by increases in sales of its jet engines and oil and gas equipment. The U.S. conglomerate said it was targeting the initial public ...
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