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Results 1 - 20 of 61,627 in Business News
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Volkswagen Brand January Global Car Sales Up 0.1% On Year
Volkswagen AG said Tuesday January global car sales at its VW passenger car brand rose 0.1% on the year . Comment?
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UBS Sets Pricing On Dollar 10-Year Bond At 7.5% Area
Swiss bank UBS AG has set pricing on its dollar-denominated, 10-year, contingent capital bond at the 7.5% area, one of the banks running the deal said Tuesday. Comment?
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Rusal: Plans To Raise Alloy Production By Up To 70% By 2016
Russia's aluminum giant United Co. Rusal PLC Tuesday said it plans an increase of up to 70% of alloy production at its Siberian smelters by 2016. Comment?
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InterContinental Hotels Upbeat As Profit Rises
InterContinental Hotels Group PLC , the world's biggest hotel operator by number of rooms, Tuesday sounded an upbeat tone as it recorded a rise in profit, driven by revenue growth in the U.S -- its largest market -- and in China. Comment?
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India Oil Ministry Official: Expect Reliance Industries KG-D6 Output To Fall Further
Natural gas production at Reliance Industries Ltd.'s D6 field in the Krishna-Godavari basin, off India's east coast, is expected to decline further to 27 million metric standard cubic meters per day from April, a senior official in the country's oil ministry said Tuesday. Comment?
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Deutsche Boerse: Huge Mergers Or Takeovers Not In Current Focus
German exchange operator Deutsche Boerse AG Tuesday said huge mergers or acquisitions aren't on its current agenda as it outlines its standalone strategy after the planned mega merger with NYSE Euronext was nixed by the European Union earlier this month. Comment?
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Daimler Sets Price Guidance On 3.25-Year Euro Benchmark Bond
Daimler AG (DAI.XE) was planning to sell a euro-denominated bond maturing in May 2015, one of the banks running the deal said Tuesday. The issuer is rated A3 by Moody's Investors Service Inc., BBB+ by Standard and Poor's Corp. and A- by Fitch Ratings. Comment?
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Bank Of East Asia 2011 Net Up 3.2% At Record High
Bank of East Asia Ltd. , Hong Kong's fifth-largest lender by assets, said Tuesday its 2011 net profit rose 3.2% to a record high even as non-interest income weakened. Comment?
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Bank Danamon 2011 Net Profit IDR3.34 Trillion Vs IDR2.88 Trillion - CEO
PT Bank Danamon's 2011 net profit rose by 16% to IDR3.34 trillion from IDR2.88 trillion because of higher net interest income stemming from higher lending and fee-based income, the bank's chief executive said Tuesday. Comment?
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Moody's Warning a Reality Check: U.K.'s Osborne
The decision by ratings company Moody's Investors Service to put Britain's triple-A credit rating on negative outlook is a "reality check" for the country's political leaders, British Chancellor of the Exchequer George Osborne told the BBC on Tuesday. Comment?
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Immigrants Lose in Imploding Spanish Housing Market: Mortgages
Lamin Numke, a 34-year-old man from the Republic of Mali, is one of the millions of immigrants who settled in Spain during the real-estate boom, attracted by plentiful jobs and cheap mortgages, only to default on his loan. Comment?
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Fed to Issue Decision ?Soon? on Capital One ING Direct Deal
The U.S. Federal Reserve said it will soon decide whether to approve Capital One Financial Corp.'s planned $9 billion purchase of ING Groep NV's U.S. online bank, eight months after the deal was announced. Comment?
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Petrobras Oil Discovery Makes STX Osv 30% Undervalued: Real M&a
STX OSV Holdings Ltd., the world's biggest maker of oil-rig support vessels, may attract a takeover premium of more than 30 percent as buyers look to profit from the Western Hemisphere's largest oil discovery in three decades. Comment?
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Cameron Pledges To Cut Car Insurance Costs
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David Cameron will today call on insurance firms to slash their motor premiums in exchange for a Government clampdown on whiplash claims.The Prime Minister will hold talks with the UK's biggest car insurers and other consumer and business groups at Downing Street to find ways of bringing down rising costs.He will pledge to take action to reduce the ... (more) Comment?
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VIDEO: Osborne: Warning is 'reality check'
The statement from the Moody's ratings agency followed concerns about the possible impact of the eurozone crisis on the UK's growth prospects. Comment?
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Xi Jinping's Close U.S. Ties May Set Tone for Future
Chinese Vice President Xi Jinping's meeting with President Barack Obama today represents a rite of passage for the man in line to become China's top leader next year and may shape U.S.-China relations for the next decade. Bloomberg's Margaret Conley reports. (Source: Bloomberg) Comment?
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L'Oreal Confident of 2012 Growth on Higher Profit
L'Oreal SA, the world's largest cosmetics maker, said it's confident of achieving sales and earnings growth this year after reporting a 7.7 percent increase in 2011 operating profit, beating analysts' estimates. Poppy Trowbridge reports on Bloomberg Television's "First Look." (Source: Bloomberg) Comment?
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Global Equity Monitor: Techno-Fundamental Research & Analysis
The market remains very well bid but is starting to show some signs of exhaustion after rolling over in the previous week. Comment?
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ThyssenKrupp Swings To 1Q Loss But Sees Profits Improving
ThyssenKrupp AG Tuesday reported it swung to a wider-than-expected loss in its fiscal first quarter, but forecast improving earnings for the remainder of the year as demand and prices for its products are expected to rise while losses at its overseas steel plants are seen decreasing. Comment?
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Telekomunikacja Polska CEO:Share Buyback Will Continue In 2012
Telekomunikacja Polska SA , Poland's largest telecommunications company, plans to continue its share buyback program this year, which could boost its share price, Maciej Witucki, the company's chief executive, said Tuesday. Comment?
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