lunedì 31 marzo 2014

Thailand Inflation Accelerates Slightly

Thailand's consumer-price index in March was up 2.11% from a year earlier, accelerating slightly from February's 1.96% pace, driven by volatile food and energy prices.



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Stock Investors Seek Clues to Uncertain Markets

In the opening months of 2014, investors' faith in U.S. stocks was tested by an uncertain economy, frothy valuations and even a harsh winter. But as the second quarter begins, many fund managers are holding tight.



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Hong Kong Regulator Probes Departed J.P. Morgan Executive

Hong Kong's antigraft agency visited the offices of a former J.P. Morgan executive who left the firm amid a continuing probe of the U.S. bank's Asian hiring practices.



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MetLife Fined $50 Million by N.Y.

MetLife has agreed to pay $50 million to settle an investigation that its international life-insurance operations allegedly conducted business in the state with multinational companies without proper licensing.



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Competition Seeds Doubt for U.S. Corn Growers

As the rest of the world boost its corn output, U.S. farmers are planning to pull back for the first time since the recession, signaling a new era of uncertainty for the nation's largest crop.



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CIA Interrogations Criticized in Senate Report

A classified Senate report on the Central Intelligence Agency's post-9/11 interrogation program contends the agency misrepresented the program to both the Justice Department and Congress, according to U.S. officials.



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IATA Calls for Better Use of Passenger Data

The global airline-industry group on Tuesday said that the continuing search for Malaysia Airlines Flight 370 highlights the need to improve aircraft tracking, and asked governments to better use advance passenger data.



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Mexican Regulators Slash América Móvil's Interconnection Rates

Mexican tycoon Carlos Slim's telecommunications company América Móvil was ordered by a new regulator to "substantially" cut some of its tariffs.



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U.S., Israel Discuss Pollard Release

The U.S. and Israel are discussing the early release of convicted American spy, Jonathan Pollard, as an incentive for Prime Minister Benjamin Netanyahu to make difficult concessions needed to support the Middle East peace process.



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South Korea's Exports Pick Up

South Korea's exports in March grew faster than the previous month, bolstering views that Asia's fourth-largest economy is picking up steam on growing demand from overseas.



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New Home Prices Ease in China

China's housing market decelerated for the third straight month in March, and potential home buyers are set to stay on the sidelines as developers introduce more price cuts.



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Japan Institute Finds Misconduct in Stem-Cell Studies

Japan's leading research institute, Riken, on Tuesday said it found evidence of scientific misconduct in disputed studies on stem cells led by one of its scientists.



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Chinese Dragnet Entangles Family of Former Security Chief

Chinese authorities have detained associates and family members of former security chief Zhou Yongkang, once head of China National Petroleum, in a sprawling corruption investigation.



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Poor Coordination Led to Flawed Jet Search

The search area for Malaysia Airlines Flight 370 shifted abruptly on Friday after authorities more fully merged two investigative strands by international teams of experts.



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Japan Eases Rules on Sales of Military Equipment

The new guidelines are in line with Prime Minister Shinzo Abe's policy of having the defense establishment play a greater role.



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Japan Business Sentiment Set to Weaken Sharply

The Bank of Japan's tankan survey of big manufacturers shows business sentiment falling for the next three months as firms grow more cautious about the impact of a national sales tax increase and skepticism builds over Abenomics.



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Many Afghans Intent on Voting Despite Terror

The Taliban's violent onslaught to disrupt presidential elections has failed to tamp down voter enthusiasm.



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U.K. Watchdog Criticizes Royal Mail Privatization

The British government could have achieved a better deal for the taxpayer when it privatized Royal Mail in October, the country's independent public spending watchdog said.



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Edoardo Cignoli : 'Candy Crush' Maker Is Hiring

King Digital Entertainment, in the spotlight following a lackluster listing last week, has posted 165 job openings, representing 25% of its existing workforce.



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Edoardo Cignoli : X2 Resources Raises Up to $3.75 Billion

An investment venture set up by former Xstrata Chief Executive Mick Davis and three colleagues looks to finance a new midsize metals and mining group.



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Edoardo Cignoli : FBI Probes High-Speed Trading

The FBI has launched a wide-ranging investigation into high-speed trading with an eye on whether some firms are acting on fast-moving market information that isn't available to other traders.



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Edoardo Cignoli : For Deal Makers, China Is a Drag

Major global mergers are being held up by several months because China's antitrust authority has a relatively small staff and an unusually broad mandate, antitrust experts say.



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Edoardo Cignoli : Sales Soar for Pricey Hepatitis Drug Sovaldi

A hepatitis C pill from Gilead Sciences that costs $1,000 a day is on track to notch among the biggest sales ever for the first year of a newly approved drug, showing how hard it is for insurers to curb usage.



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Edoardo Cignoli : Supreme Court Justices Skeptical of Software Patent

Supreme Court justices sought to find the line distinguishing abstract ideas available to all from patentable software inventions during an hour of argument that touched on innovations from the abacus to Amazon.com.



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Edoardo Cignoli : The Chamber of Commerce Comes to Silicon Valley

The U.S. Chamber of Commerce, among the most powerful business lobbying organizations in Washington, is planning a second outpost in Silicon Valley in an effort to broaden its membership and clout.



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Edoardo Cignoli : OCBC Offers $5 Billion for Wing Hang Bank

Singapore's Oversea-Chinese Banking Corp. has agreed to buy Wing Hang Bank, a family-owned bank in Hong Kong for close to US$5 billion.



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Edoardo Cignoli : Judge Upholds Validity of Eli Lilly Patent

A federal judge upheld the validity of a key U.S. patent for Eli Lilly's blockbuster lung-cancer drug Alimta, a legal victory that could relieve sales pressure for the drug maker.



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Edoardo Cignoli : MetLife Fined $50 Million by N.Y.

MetLife has agreed to pay $50 million to settle an investigation that its international life-insurance operations allegedly conducted business in the state with multinational companies without proper licensing.



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Edoardo Cignoli : Asiana Cites Pilot Error in Crash

Asiana Airlines made its first formal statement acknowledging pilot error as a possible cause of the deadly crash of one of its aircraft in San Francisco last year.



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Edoardo Cignoli : More Companies Bow to Investors With a Cause

Shareholders are driving changes in corporate policies and disclosure practices unthinkable a decade ago, on matters ranging from protecting rain forests to human rights, bringing management to the negotiating table.



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Edoardo Cignoli : Chevron Pursues Claims Against Patton Boggs

Having battered one legal opponent in its fight to undermine a $9.5 billion environmental verdict in Ecuador, Chevron is now going after another: law firm Patton Boggs.



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Edoardo Cignoli : Exxon: Climate Regulations Don't Threaten the Value of its Reserves

Exxon Mobil Corp. says future regulations to protect the climate don't threaten the value of its oil and gas reserves, arguing economies will need the fuels too much to embrace drastic cuts in greenhouse-gas emissions.



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Edoardo Cignoli : Peltz Won't Stand for Re-Election to Ingersoll-Rand Board

Activist investor Nelson Peltz said he won't stand for re-election to Ingersoll-Rand's board, citing other board commitments including his recent appointment to the Mondelez International board.



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IMF Veteran Tackles Italy's Finances

To take an ax to Italy's unwieldy public spending, its prime minister has turned to former IMF veteran Carlo Cottarelli, who has vowed to scour everything from luxury cars for bureaucrats to film-festival subsidies.



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Ecuador Expects to Finish EU Trade Negotiations by Midyear

Ecuador expects to close negotiations for a trade agreement with the European Union during the first half of this year, and sign the accord in 2015, Foreign Trade Minister Francisco Rivadeneira says.



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U.S. Ambassador to India Resigns

The U.S. ambassador to India, Nancy Powell, said on Monday that she has submitted her resignation and would retire before the end of May.



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Edoardo Cignoli : Alibaba to Pay $692 Million for Stake in Intime Retail

E-commerce giant Alibaba said it agreed to pay $692 million for roughly 25% of Chinese department-store operator Intime Retail in a bid to link more closely with bricks-and-mortar retail.



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Edoardo Cignoli : Huawei Forecasts Revenue Surge

Telecommunications-equipment supplier Huawei expects its revenue to rise to 435.7 billion yuan ($70 billion) in 2018 from 239.03 billion yuan last year.



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Edoardo Cignoli : Facebook CEO's Total Pay Fell 67%

Total pay for Facebook's Mark Zuckerberg tumbled 67% to $653,165 in 2013, as he declined to participate in the bonus plan and took a base salary of $1.



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Edoardo Cignoli : FDA Panel Recommends Two New Antibiotics

An FDA advisory committee unanimously recommended the agency approve two new antibiotics, while speakers debated the agency's approach to encouraging new drugs for drug-resistant infections.



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Edoardo Cignoli : Soda-Sales Decline Accelerated in 2013

A nearly decade-long decline in U.S. carbonated soft drink sales accelerated last year as more Americans turned their backs on artificially sweetened diet sodas.



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Edoardo Cignoli : The $2.4 Billion Tax Question for Caterpillar

Caterpillar has deferred or avoided paying $2.4 billion of U.S. taxes under a corporate restructuring that shifted most of the profits from overseas replacement-part sales to a Swiss subsidiary, according to a Senate subcommittee report.



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Edoardo Cignoli : Energy Future Holdings Seeks Time for Restructuring

Energy Future Holdings plans to seek more time to negotiate a restructuring deal with creditors before filing one of America's largest bankruptcies, said people familiar with the matter.



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Edoardo Cignoli : Yahoo in Talks to Buy Online-Video Service

Yahoo is in talks to acquire online-video service News Distribution Network, a deal that would help Chief Executive Marissa Mayer compete with Google's YouTube for viewers and ad dollars.



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Edoardo Cignoli : Turkey Intercepts Name-Server Traffic

Turkish telecom companies are intercepting traffic sent to public Internet address books run by Google and other U.S. firms, closing a major loophole Turkish people have used to circumvent a government blackout on social media.



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Edoardo Cignoli : Macy's Promotes Merchandising Chief to President

Macy's said Chief Merchandising Officer Jeffrey Gennette has been promoted to president, reporting to the department store operator's chairman and chief executive, Terry Lundgren.



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Turkey Intercepts Name-Server Traffic

Turkish telecom companies are intercepting traffic sent to public Internet address books run by Google and other U.S. firms, closing a major loophole Turkish people have used to circumvent a government blackout on social media.



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French Local Elections Deal Setback to Hollande

France's ruling Socialist Party suffered a stinging setback in the final round of local elections Sunday, leaving President François Hollande in a bind.



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Philippines Seeks Arbitration Over China's Claims in South China Sea

The contested waters carry a huge volume of world trade and are also claimed in part by Brunei, Malaysia, Taiwan and Vietnam.



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Kiska Wins Slovakia's Presidency

Andrej Kiska, a philanthropist-turned-politician won Slovakia's presidency, beating a serving prime minister who failed to persuade voters to grant his left-leaning ruling party more power.



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domenica 30 marzo 2014

Edoardo Cignoli : Rusal Shelves Aluminum Smelter

Rusal shelved plans to build a high-tech smelter in Siberia, another example of aluminum producers cutting output as prices fall.



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Edoardo Cignoli : China Starts Deepwater Gas Production

China's first deep water natural gas field has started producing gas, marking a milestone in China's efforts both to exploit energy reserves deep under the South China Sea and to increase use of the cleaner-burning fuel.



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Tight Mayoral Race Grips Turkish Capital

Turkey's capital staged one of the tightest races in local elections Sunday as Prime Minister Recep Tayyip Erdogan's ally and the main opposition candidate both declared victory.



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Edoardo Cignoli : German Luxury-Car Makers Look Beyond Home Market

BMW and Daimler have unveiled plans to spend billions on new car factories, everywhere, it seems, except in Germany.



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Industrial Production Peaks in Japan

Japanese industrial output unexpectedly fell in February from January, indicating output has already peaked ahead of an April 1 sales-tax increase.



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Libya Fund Accuses Société Générale of Fraud

Société Générale paid a middleman $58 million in alleged bribes to secure almost $2 billion in business from Libya's main sovereign-wealth fund, according to a lawsuit filed by the fund.



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Edoardo Cignoli : Caterpillar to Defend Its Tax Bill

Caterpillar on Tuesday will become the latest blue chip hauled before the Senate's Permanent Subcommittee on Investigations to explain strategies designed to shrink tax bills.



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Edoardo Cignoli : FCC Tweaks Proposal Limiting TV Station Ownership

The Federal Communications Commission will vote Monday on a proposal to make it harder for one company to control two or more TV stations in the same market by using a single advertising sales staff.



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Edoardo Cignoli : Finnish Firm To Cut Jobs, Close German Facility

Stainless steel company Outokumpu Oyj said employee groups have agreed to a deal which will enable it to close a melt shop and cut 1,000 jobs in Germany.



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Edoardo Cignoli : A Low Bar for Some New Antibiotics

The FDA's efforts to speed approvals of drugs to fight antibiotic-resistant bacteria will be front and center Monday as the agency considers two new antibiotics with possible advantages.



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Edoardo Cignoli : Dongfeng's Profit Rises 16%

Dongfeng's earnings rose 16% last year as new models boosted demand for vehicles from China's second-biggest auto maker.



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Edoardo Cignoli : Alibaba to Pay $692 Million for Stake in Intime Retail

E-commerce giant Alibaba said it agreed to pay $692 million for roughly 35% of Chinese department-store operator Intime Retail in a bid to link more closely with bricks-and-mortar retail.



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Edoardo Cignoli : Huawei Profit Rises on China Demand

Telecommunications equipment supplier Huawei Technologies Co. said its net profit rose 34% last year, helped by stronger demand in China because of local carriers' shift to faster mobile networks.



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Edoardo Cignoli : Casino Developers Bet On the Catskills

The dream of gambling in the Catskills is set to take a big step forward Monday when a state board opens the licensing process for four upstate casinos.



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Edoardo Cignoli : Blucora May Bid For Brookstone

Blucora is preparing to challenge Spencer Sprit Holdings with an all-cash bid for Brookstone.



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Edoardo Cignoli : 'No Sale,' Some Tell Alibaba's Tmall

Some global sellers are shunning Alibaba's Tmall, saying steep discounting and cutthroat competition on the site undercut their business.



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Edoardo Cignoli : U.K. Investor Makes Foray Into U.S. Insurance

British entrepreneur Clive Cowdery plans to spend as much as $2 billion of investors' money in the U.S. over the next several years trying to replicate his success in scooping up life insurers in the U.K.



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Edoardo Cignoli : Civil Trial of Wyly Brothers to Start

Jury selection is scheduled to begin in the SEC's civil trial against entrepreneur Sam Wyly and his deceased brother, Charles, in which the agency accused the Wylys of using offshore trusts to conceal stock sales.



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Edoardo Cignoli : GM Probe Poses Test for Michigan Lawmaker

Handling the cross-currents involved in his panel's investigation of ignition defects in GM vehicles will pose a stark test of leadership for House Energy and Commerce Committee Chairman Fred Upton, a Michigan Republican.



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Edoardo Cignoli : YouTube to Offer Advertisers Some Guarantees

Google's YouTube video website has told marketers it will offer audience guarantees to advertisers that make advance commitments.



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Edoardo Cignoli : Feed Is Suspect in Spread of Deadly Pig Virus

Investigators are exploring whether something in pig feed could be a conduit for porcine epidemic diarrhea virus, which has spread to 27 states and killed millions of young pigs since being identified last April.



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Edoardo Cignoli : Small Is Beautiful in Chinese Web Stocks

Heard: With Alibaba, Baidu and Tencent buying up China's online properties, it pays to own shares in the smaller players.



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Edoardo Cignoli : Hard Questions on Software Patents

The Supreme Court is wading into a debate over when software deserves a patent, sparking interest from Microsoft and Google and flummoxing the federal judiciary.



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Edoardo Cignoli : AMF Rejects VW's Bid for Scania Stake

Swedish pension fund AMF owns a 0.83% stake in Scania and is the first significant investor in the truck maker to turn the deal down.



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Edoardo Cignoli : Japan's Sales-Tax Boost Tests Abenomics

The Outlook: After Japan boosts its sales-tax rate this week, many Japanese are expected to ratchet back spending, posing a challenge for Prime Minister Abe's policy aimed at breathing life into the economy.



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Edoardo Cignoli : Google Is Central to Latest Apple Case

Apple and Samsung are squaring off this week in a new round of their long-running patent feud. This time, however, the docket might as well read Apple v. Google.



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Edoardo Cignoli : Investors Breathe Life Into European Banks' Bad Debt

Hedge funds and private-equity investors are bidding up prices of some troubled assets in Europe, sparking a surge in sales by banks seeking to rid themselves of soured corporate loans.



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Edoardo Cignoli : Regulators Failed to Open GM Probes

Congressional investigators looking into why GM took nearly a decade to recall vehicles with faulty ignition switches said Sunday that regulators twice declined to open formal probes into complaints about the cars.



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Edoardo Cignoli : 'Noah' Makes Rain at the Box Office

"Noah" easily rode a wave of prerelease buzz—and controversy—to the top of the box office over the weekend, grossing $44 million in the U.S. and Canada.



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How a Giant Kazakh Oil Project Went Awry

The Kashagan field, a giant oil project developed by Western oil companies off Kazakhstan, is years late and more than $30 billion over budget.



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Will Portugal Still Need a Safety Net?

Europe File: Portugal is the star pupil of the euro-zone crisis countries as it prepares to exit from its deep recession that forced the government to seek a bailout three years ago.



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Thousands Protest Taiwan's Trade Pact With China

Tens of thousands of people gathered outside the Presidential Office Building in downtown Taipei, as protests against a trade deal between Taiwan and China intensify.



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U.S.'s Shift on Terror Prosecutions Bears Fruit

Nearly three years after the Obama administration touched off a political firestorm by trumpeting plans to try Khalid Sheikh Mohammed in civilian court, a subtler approach is beginning to bear fruit.



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U.S.-Canada Bridge Funding at Risk

The Obama administration is holding back financial support for a customs plaza that is key to the future of a proposed international bridge linking Detroit and Windsor, Ontario.



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Sale of Items Linked to Hitler: Good Business or Bad Taste?

Military-antiques expert Craig Gottlieb could make history by fetching the highest price ever paid for a collection of Adolf Hitler's personal effects. He also hopes to make a profit. And therein lies the tension.



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Flight 370 Searchers Scour New Stretch of Ocean

Australian Prime Minister Tony Abbott said the search for Malaysia Airlines Flight 370 would continue indefinitely as it enters a fourth week without a breakthrough.



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In Thailand, Copyright Enforcement Comes as a Shock

The land of fake Rolex watches, knockoff DVDs and counterfeit Viagra is now discovering copyright, and it is coming as a bit of a shock for many Thais.



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U.S., Russia Talks Fail to Ease Crisis

Secretary of State John Kerry and his Russian counterpart appeared to make no major advances Sunday in a meeting aimed at easing the standoff over Ukraine, raising the specter of a prolonged crisis.



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EU to Send Military to Central African Republic

The European Union is to launch its delayed military operation to help international peacekeeping efforts to stop the bloodshed in the Central African Republic.



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Photos of the Day: March 30

In today's pictures, the New Zealand rugby team performs a dance after a victory in Hong Kong, a carpet seller depicts Afghan President Hamid Karzai in Kabul, a man waves a flag at an election rally in Istanbul, and more.



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Israel Delays Release of Palestinian Prisoners

Israel postponed the release of some two dozen Palestinian prisoners originally set for Saturday, escalating uncertainty over the future of U.S.-sponsored peace talks as a critical deadline nears.



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Rebels Release Two Spanish Journalists Kidnapped in Syria

Two Spanish journalists kidnapped and held since September in Syria have been released and returned to Spain.



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Australian Maritime Safety Authority:Aircraft Continue to Spot Objects in Search Area

*Australian Maritime Safety Authority:Aircraft Continue to Spot Objects in Search Area



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Scythian Gold Caught in Ukraine Dispute

A trove of Scythian gold has become subsumed in a cross-national dispute reflecting the nature of the Crimea's complex and contested history.



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Swiss Grant Russian Mikhail Khodorkovsky Residency

Former Russian oil tycoon Mikhail Khodorkovsky, a critic of President Vladimir Putin, has been granted a residence permit in Switzerland.



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Japan's Sales-Tax Boost Tests Abenomics

After Japan boosts its sales-tax rate this week, many Japanese are expected to ratchet back spending, posing a challenge for Prime Minister Abe's policy aimed at breathing life into the economy.



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Prison Break Near Nigeria President's House Sparks Hours of Gunfire

Nigeria's war against Islamic militants erupted near the president's house on Sunday, when a prison break sparked hours of gunfire in the capital and raised questions over the military's capacity to protect the country's most sensitive areas.



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Egypt's Presidential Election to Be Held in May: Commission

The election commission said the results are expected by June 5, and if a second round is necessary it will be held by mid-month with results announced no later than June 26.



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Hungary's Leader Rallys Support Before Election

Prime Minister Viktor Orban is expected to win another term next weekend, according to opinion polls. A coalition of leftist opposition parties also asked for support from voters.



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French Local Elections Deal Hollande Big Setback

France's ruling Socialist Party suffered a stinging setback in the final round of local elections Sunday, leaving President François Hollande in a bind.



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Philippines Seeks Arbitration at U.N. Over China's Claims in South China Sea

The contested waters carry a huge volume of world trade and are also partially contested by Brunei, Malaysia, Taiwan and Vietnam.



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Kiska Wins Slovakia's Presidency

Andrej Kiska, a philanthropist-turned-politician won Slovakia's presidency, beating a serving prime minister who failed to persuade voters to grant his left-leaning ruling party more power.



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Turkey Goes to the Polls

Voters across Turkey went to the polls for crucial local elections that have turned into a referendum on the decadelong rule of Prime Minister Recep Tayyip Erdogan, who is fighting graft allegations.



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sabato 29 marzo 2014

China Grants France $13 Billion Investment Quota

China will grant France-based investors a $12.88 billion investment quota to invest in mainland capital markets, marking the latest step to promote the Chinese yuan abroad and open up the country's capital account.



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Cuban Lawmakers Approve Foreign Investment Law

Cuban lawmakers on Saturday approved a law aimed at making Cuba more attractive to foreign investors, a measure seen as vital for the island's struggling economy.



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Edoardo Cignoli : A Ford Spinoff Now Cruising Along

Visteon's CEO has simplified the company, selling less-profitable operations to focus on businesses with better growth prospects.



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Edoardo Cignoli : Prepare to Hang Up the Phone, Forever

Telecom providers want to end the era of copper-wire landlines.



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Loans Are Finally Easier to Get

Conditions for people financing homes and new cars are the best in five years.



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Emerging-Market Elections to Watch

Voters in Turkey, India, and Brazil head to the polls this year along with other big developing countries. Tired of slowing growth and alleged corruption, many voters are seeking change.



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U.S., Russia Talks Over Ukraine Start Sunday

U.S. Secretary of State John Kerry and his Russian counterpart, Sergei Lavrov, will attempt to map out a joint approach to defusing the crisis over Ukraine when they meet in Paris on Sunday.



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At Midnight, U.K. Holds First Same-Sex Weddings

Londoners Sean Adl-Tabatabai and Sinclair Treadway were among the first to tie the knot when Britain's new marriage law came into effect Saturday.



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OECD Warns Of Market Turmoil As Central Banks Unwind

Financial markets may face periods of "considerable turmoil" as central banks in developed economies prepare to reverse the stimulus programs they put in place in the wake of the 2008 financial crisis, the Organization for Economic Cooperation and Development warned Friday.



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Search for Malaysia Airlines Flight 370 Continues

As the multinational hunt for Malaysia Airlines Flight 370 enters a fourth week, aircraft and ships scouring a remote area of the southern Indian Ocean have yet to make a breakthrough.



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Edoardo Cignoli : New Delhi Orders Special Audit of Nokia India Accounts

India has ordered a special audit of Nokia Corp.'s accounts in a move that could affect to the Finnish company's plans to sell its devices and services business to Microsoft Corp.



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Edoardo Cignoli : CBS Outdoor Shares Rise in Debut

CBS Outdoor Americas began trading Friday as a stand-alone company, and rose 5.4% from where the stock was priced Thursday.



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Edoardo Cignoli : King Digital's Crushing IPO Saga

The initial public offering of the maker of 'Candy Crush Saga' shows that even in a hot IPO market, investors can quickly sour on a stock.



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Edoardo Cignoli : Study Finds Medtronic Heart Valve Superior to Surgery

A minimally-invasive heart valve procedure with a device made by Medtronic was superior to open surgery in extending the lives of patients with diseased aortic valves, according to a study funded by the company.



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Edoardo Cignoli : Dassault Group Leaves Veolia Board

Veolia Encironnement said Groupe Industriel Marcel Dassault has resigned from the company's board.



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U.S., U.N. Press Myanmar Amid Attacks

The U.S. and the United Nations are urging the Myanmar government to ensure the security of aid workers after two days of mob violence in Myanmar's western Rakhine state.



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South Korea Repatriates Chinese Wartime Remains

South Korea repatriated hundreds of remains of Chinese soldiers killed during the Korean War in a goodwill gesture signifying warming ties between the two nations.



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Turkey Politicians Make Final Push

Turkey's leading politicians and mayoral candidates made a final push Saturday to boost their support a day before crucial local elections that have turned into a referendum on the government.



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Argentina Teachers Trim Wage Demands After Strike

Public school teachers in Argentina agreed to lift a 17-day strike in exchange for a pay raise of around 30%.



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Ukraine Presidential Campaigning Begins

Boxer-turned-politician Vitali Klitschko said he would not run for president of Ukraine, instead throwing his support behind businessman Petro Poroshenko as the leading pro-Europe candidate.



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Obama Presents Women's-Rights Award in Saudi Arabia

President Barack Obama presented a Saudi doctor with an award recognizing her work on domestic violence in the kingdom, where women's rights are severely restricted.



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Photos of the Week: March 23-29

In this week's photos, people attend an election rally in Turkey, a man walks through rubble at the site of the fatal mudslide in Washington, a worker tries to escape a fire in Houston, and more.



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Edoardo Cignoli : Cnooc Plans More Spending Despite Profit Slide

Cnooc is planning a big rise in capital spending this year as it shifts its focus to deep-water projects, despite posting an 11% fall in 2013 net profit.



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Edoardo Cignoli : GM Woes Mount With New Recalls

General Motors said it is recalling 971,000 more vehicles world-wide, the latest in a string of recalls to address faulty ignition switches and just days ahead of its CEO's appearance on Capitol Hill.



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Edoardo Cignoli : BlackBerry Scores Court Victory Over Keyboard Use

BlackBerry won a preliminary injunction preventing a company co-founded by Ryan Seacrest from selling its iPhone case.



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Edoardo Cignoli : Medtronic Makes Surprise Turn on Blood-Pressure Device

Undeterred by a definitive clinical-trial failure, Medtronic said it will continue to develop its medical device for high blood pressure in hopes of winning U.S. regulatory approval.



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Ships Head for New Search Area

More ships are on their way to join a Chinese vessel hunting for objects spotted by aircraft that may be debris from missing Malaysia Airlines Flight 370.



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Afghan Election Commission Under Attack

Insurgents armed with rockets and automatic weapons assaulted the headquarters of Afghanistan's election commission on Saturday, ramping up a wave of violence in the capital ahead of elections to choose a successor to President Hamid Karzai.



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Bangkok Faces Fresh Antigovernment Protests

Protesters took to the streets again in Thailand in a bid to thwart Prime Minister Yingluck Shinawatra's plans to hold fresh elections and resolve months of political deadlock.



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Loyalty to India's Gandhi Family Wavers

Even in the bastion of support for India's most powerful political clan and the ruling Congress party that it leads, there is discontent as India heads into a pivotal national election next month.



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venerdì 28 marzo 2014

Edoardo Cignoli : GM, Dealers Gear Up for Recall

General Motors and its dealers are gearing up to blunt the impact of a recall of 1.6 million older-model cars by offering loaner cars, extended service hours and incentives on new or used car purchases.



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The Hidden Game Behind Professional Poker

How the poker pros bet millions on their own card hands—and each other.



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SEC Is Urged to Shorten Window for Investor Tip-Offs

Some lawmakers and others are calling on the SEC to cut the time that large investors can secretly amass shares in a company, following a Wall Street Journal investigation into leaks ahead of public filings.



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As Broader Fears Fade, Gold Is Tarnished

The metal's latest tumble underscores how difficult it could be for gold to ascend to its former heights, absent a major shock to global markets.



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Edoardo Cignoli : Fandango, Credit Karma Settle FTC Charges Over Data Security

The FTC reached settlements with movie ticket seller Fandango and credit-monitoring service Credit Karma over mobile applications that failed to live up to promises that they would secure the personal information of customers.



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Egypt's Workers Pose Challenge to Sisi

Former Army Chief Abdel Fattah Al Sisi, Egypt's president-in-waiting, faces a workforce that is not giving in on its pay demands.



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European Leaders Seek Xi Jinping's Support Over Ukraine Crisis

In his inaugural trip to Europe, the Chinese president maintains neutral stance on the crisis in Ukraine.



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Germany Signals Support for Britain's EU Stance

U.K. Prime Minister David Cameron won support for his position regarding Europe as Germany said reform of the European Union must ensure that countries outside the euro zone aren't at a disadvantage.



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Bank of Mexico Governor: Mexico Positioned Well for Rise in U.S. Interest Rates

Bank of Mexico Gov. Agustin Carstens said Friday that he believes his nation is well prepared to weather a coming rise in U.S. interest rates, when that day ultimately arrives.



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Five Killed in Indian Air Force's Super Hercules Crash

An Indian air force C-130J Super Hercules transport plane crashed, killing all five crew members



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Edoardo Cignoli : Western Firms Tread Fine Line in Iran

Temporary sanctions relief hasn't yet translated into an economic turnaround in Iran. But a steady flow of Western executives through Tehran signals that commercial détente may be on the horizon.



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Edoardo Cignoli : Amazon Mulls Streaming Media Service

Amazon is considering rolling out advertising-supported streaming television and music-video services, a departure from its strategy of offering video to its Prime subscription customers.



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Edoardo Cignoli : Wal-Mart Sues Visa Over 'Swipe Fees'

Wal-Mart has sued Visa for $5 billion, claiming the card network charged unreasonably high fees when the retailer's customers paid with plastic.



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Saudi Rights Activists Watch Visiting Obama Closely

President Barack Obama holds talks with Saudi Arabia's King Abdullah and the kingdom's rights activists hope he discusses the poor state of human rights.



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Objects Spotted in New Search Zone

Search aircraft spotted objects late Friday in a previously ignored section of the southern Indian Ocean, after the hunt for Malaysia Airlines Flight 370 shifted hundreds of miles north based on a new review of radar data.



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Edoardo Cignoli : GM Halts Sales Of Some Chevrolet Cruze Models

General Motors, already juggling an ignition switch recall, halted sales of some 2013 and 2014 model year Chevrolet Cruze compact cars, although the auto maker won't say why.



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Edoardo Cignoli : Charter Calls on Time Warner Cable Holders to Say No

Charter Communications Inc. is formally urging Time Warner Cable Inc.'s shareholders to reject the $45.2 billion buyout agreement the company reached last month with Comcast Corp.



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Edoardo Cignoli : Deadline Passes for Alternative Offers for Safeway

Safeway said its set time to shop around for other acquisition offers expired, moving Cerberus Capital Management's deal to buy the U.S. grocery chain one step closer to closing.



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Edoardo Cignoli : 'Crunch Time' for Aluminum

Falling prices and a supply surplus are leading aluminum producers to close plants and cut output at what Goldman Sachs calls "crunch time for aluminum."



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Edoardo Cignoli : Hon Hai's Net Profit Rises 13%

Hon Hai Precision Industry, the biggest assembler of Apple products, said its net profit last year rose 13%, helped by an increase in iPad and iPhone sales.



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Edoardo Cignoli : Citroën CEO Confident in Pact With Dongfeng

Incoming PSA Citroën Chief Executive Carlos Tavares said he's confident PSA's China joint venture with Dongfeng Motor Group Co. will achieve its goal of 1.5 million vehicle sales in 2020 from 550,000 vehicles last year.



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Edoardo Cignoli : WH Group Gets HK Listing Approval for IPO

The former Shuanghui International Holdings is going to start gauging investor appetite for its planned US$5 billion initial public offering next week.



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Edoardo Cignoli : Microsoft Brings Office to the iPad

Microsoft broke from its Window-first policy and said its Office suite was available for the iPad. "Microsoft is focused on delivering the cloud for everyone, on every device," CEO Satya Nadella said.



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Edoardo Cignoli : Tribune Revenue Sinks on Publishing Weakness

Tribune said its fourth-quarter revenue shrank 11% as the media company posted weaker broadcasting and publishing results while preparing to spin off its newspaper group.



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Edoardo Cignoli : Germany's E.ON to Shut Down Nuclear Reactor Early

The German power utility said its Grafenrheinfeld nuclear plant will close seven months earlier than planned.



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Edoardo Cignoli : Seplat Sets IPO Price Range

Seplat Petroleum has set a price range for its coming initial public offering in London that could value the Nigerian oil company at up to $2 billion.



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Edoardo Cignoli : Tesla to Install New Battery Shields on Model S

Tesla Motors Inc. said it would add titanium shielding and an aluminum deflector plate to the underbody of its Model S luxury electric car to prevent possible fires that could be caused by running over objects.



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Violence Persists in Kabul as Elections Near

An explosion followed by gunfire shook western Kabul on Friday, just a week ahead of elections to pick a successor to President Hamid Karzai.



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China Grants France $13 Billion Investment Quota

China will grant France-based investors a $12.88 billion investment quota to invest in mainland capital markets, marking the latest step to promote the Chinese yuan abroad and open up the country's capital account.



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Turkey Muzzles YouTube Before Vote

The Turkish government blocked YouTube and restricted local media, drawing international outrage days ahead of critical local elections seen as a referendum on Prime Minister Recep Tayyip Erdogan's rule.



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Euro-Zone Confidence Firms

The Economic Sentiment Indicator rose to 102.4 from 101.2 to reach its highest level since July 2011.



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Oscar Pistorius Trial Adjourned

A judge has postponed the case against murder-accused Oscar Pistorius, who was expected to take to the witness stand to explain the deadly Valentine's Day shooting of his girlfriend.



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OECD Warns Of Market Turmoil As Central Banks Unwind

Financial markets may face periods of "considerable turmoil" as central banks in developed economies prepare to reverse the stimulus programs they put in place in the wake of the 2008 financial crisis, the Organization for Economic Cooperation and Development warned Friday.



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Norway Central Bank Chief Expects Soft Landing

Norway's central bank governor Øystein Olsen said he expected a soft landing for the country's economy this year and a rebound next year despite slower spending growth in the oil and housing sectors.



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Edoardo Cignoli : BlackBerry Loss Smaller-Than-Seen

BlackBerry posted a quarterly operating loss that was much smaller than analysts had feared, but revenue missed expectations, and the company's cash positioned worsened.



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Edoardo Cignoli : Indian Tax Official: India Has Ordered Special Audit of Nokia Accounts

India has ordered a special audit of Nokia Corp.'s accounts here in a move that could affect to the Finnish company's plans to sell its devices and services business to Microsoft Corp.



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Edoardo Cignoli : CBS Outdoor to Start Trading Friday

CBS Outdoor Americas Inc. will start trading Friday as a stand-alone company, after pricing Thursday night at the top of its expected range.



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Edoardo Cignoli : N.Y. Insurance Regulator to Lower Reserve Requirements

In a nod to industry complaints, New York's top financial watchdog said it would reduce by about one-third the amount of reserves companies must set aside for a basic type of life-insurance policy.



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Edoardo Cignoli : Finish Line Posts Stronger Earnings

Finish Line Inc. said its fiscal fourth-quarter earnings rose 25% as the athletic-gear retailer posted stronger same-store sales.



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Edoardo Cignoli : Cnooc Plans More Spending Despite Profit Slide

Cnooc is planning a big rise in capital spending this year as it shifts its focus to deep-water projects, despite posting an 11% fall in 2013 net profit.



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Edoardo Cignoli : Ford to Upgrade Ohio Engine Plant

Ford Motor Co. says it will invest $500 million to upgrade its engine plant in Lima, Ohio, in order to produce new engines for F-150 trucks in the 2015 model year. The expansion will add 300 jobs to the plant.



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Edoardo Cignoli : Opel to Invest in German Plant

General Motors unit Adam Opel said it will invest $337 million to build a new model in its Rüsselsheim plant and will cease exporting Opel-branded vehicles to China.



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Edoardo Cignoli : China Grain Trader Cofco Nears Another Deal

China's largest grain trader, state-owned Cofco, and mainland private-equity firm Hopu Investment Management are close to announcing a joint venture with Noble Group's agribusiness division.



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Edoardo Cignoli : Asia Resource Minerals Warns of Challenging Year

Asia Resource Minerals warned that weak coal prices could make 2014 its most challenging year since it listed three years ago.



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EU Yields on Tariff Threats to China Telecom Equipment Firms

The EU moves to dial back threats of import tariffs against Huawei Technologies and ZTE, China's main telecom equipment makers, in a deal that aims to ensure European firms gain newfound access to the booming Chinese market.



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U.S., U.N. Press Myanmar Amid Attacks

The U.S. and the United Nations are urging the Myanmar government to ensure the security of aid workers after two days of mob violence in Myanmar's western Rakhine state.



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South Korea Repatriates Chinese Wartime Remains

South Korea repatriated hundreds of remains of Chinese soldiers killed during the Korean War in a goodwill gesture signifying warming ties between the two nations.



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Edoardo Cignoli : Galp Shares Suspended as Eni Sells Stake

Shares in Portuguese utility company Galp Energia were suspended from trading Friday after Italy's Eni announced it is selling a 7% stake in the company.



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Edoardo Cignoli : Diageo Shakes Up Executive Team

Diageo's Chief Executive Ivan Menezes announced a shake-up of the drinks giant's senior management, detailing three changes to the company's executive team aimed at boosting its business in emerging markets.



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Edoardo Cignoli : Apollo, CVC Price Brit IPO, Valuing Insurer At $1.3 Billion

The private-equity firms have priced shares in the Netherlands-based insurer at 240 pence a share ahead of its return to the London market.



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giovedì 27 marzo 2014

Edoardo Cignoli : La Quinta Expects to Raise $678 Million in IPO

La Quinta Holdings Inc. said it expects its initial public offering to raise net proceeds of about $678 million, with private-equity firm Blackstone Group L.P. maintaining control of the hotel operator.



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Mexico Backs Argentina in Dispute With Bond Holdouts

Mexico is backing Argentina in a legal dispute with creditors, arguing that a New York court's decision ordering Argentina to pay in full holdouts from its debt restructuring threatens future sovereign workouts



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Ukraine's Tymoshenko to Run for President

Former Ukrainian prime minister said she will run for president in elections on May 25, weeks after her release from jail after street protests ousted Viktor Yanukovych.



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Bin Laden's Son-in-Law Found Guilty in Terror Case

Sulaiman Abu Ghaith was found guilty of conspiring to kill Americans and providing material support to terrorists.



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ECB Faces Uncharted Waters With Negative Rate

The European Central Bank would be moving into largely uncharted territory, with potentially serious effects on the financial system and currency markets, if it proceeds with the idea of a negative rate on bank deposits.



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China to Boost Cybersecurity Efforts

China's Defense Ministry said Thursday that it would take measures to boost cybersecurity after reports earlier this week alleging that the U.S. spied on Chinese technology company Huawei Technologies Co. Ltd. and several Chinese leaders.



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Edoardo Cignoli : Winnebago Net Rises as Deliveries Jump

Winnebago said its fiscal second-quarter earnings rose 53% as revenue and deliveries jumped. The results topped expectations in spite of severe weather that disrupted production.



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Edoardo Cignoli : Swiss Immigration Law Could Hurt Watchmakers

Immigration reform could limit the number of skilled employees companies like Swatch and Rolex are able to recruit, industry executives say.



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Edoardo Cignoli : Merck's Finance Chief to Depart

Merck said Chief Financial Officer Peter Kellogg will leave the pharmaceutical company in May and named Baxter executive Robert Davis as his successor.



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Edoardo Cignoli : Lululemon Sees Holiday-Quarter Profit Improve

Lululemon Athletica said profit for its holiday period edged higher with sales of its yoga gear improving despite weaker same-store sales and margins.



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Edoardo Cignoli : Sprint to Help Rural Carriers Build Faster Networks

Sprint Corp. said it would help rural carriers get access to the phones and airwaves they need to offer high-speed wireless service, a move that could help Chairman Masayoshi Son win allies as he builds the case for a merger with T-Mobile US Inc.



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Edoardo Cignoli : Baxter Plans To Split Into Two

Baxter said it plans to create separate health-care companies, one focused on biopharmaceuticals and the other on medical products.



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Edoardo Cignoli : Yahoo Japan to Buy Mobile Provider eAccess for ¥324 Billion

Search engine Yahoo Japan Corp. said it will buy mobile provider eAccess Ltd. from parent SoftBank Corp. to become a carrier in its own right.



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Chicago Firm Begins Legal Action Over Flight 370

Even as searchers are still looking for Malaysia Airlines Flight 370, Ribbeck Law Chartered filed a petition seeking information about the aircraft and pilots, the first in what is likely to be a string of legal actions.



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Increased Bid to Redevelop Athens Airport Site

Greece's privatization agency received an improved bid of €915 million from a Greek-led consortium to develop the large waterfront site of the old Athens airport.



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Egypt Army Chief Seeks Presidency

Abdel Fattah Al Sisi, the architect of the ouster of the nation's first democratically elected president, resigned as minister of defense, announcing a presidential run that he is expected to easily win.



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Philippines, Rebels Sign Peace Pact

The Philippines signed a groundbreaking pact with the country's largest Muslim rebel group, which could end a decadeslong insurgency that has killed more than 100,000 people.



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Taiwan Protesters Call for Another Sit-In

Taiwanese student protesters and the government remain locked in a standoff as demonstrators said they wouldn't meet with the island's president until their demands, including retracting a China trade deal, are met.



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WTO Ruling Draws Muted China Response

China expected to lose a global trade case over rare-earth minerals, so government and industry sources said they were weighing their options in light of the World Trade Organization ruling.



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China's Big Banks Post Slower Growth for 2013

China's major banks recorded solid profits in 2013, though growth slowed as they moved to reduce their exposure to struggling industries amid a less robust economic expansion.



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Edoardo Cignoli : Energy Future, Creditors Discuss Debt Restructuring

Energy Future Holdings is in the midst of talks with creditors in a bid to reach a debt-restructuring deal before it seeks Chapter 11 bankruptcy protection.



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Edoardo Cignoli : Signet Jewelers Posts Higher Profit, Raises Dividend

Signet Jewelers reported sales and earnings growth for its fiscal fourth quarter that topped expectations and said it would raise its quarterly dividend by 20% to 18 cents.



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Edoardo Cignoli : SAIC Motor 2013 Net Rises 19.5%

China's largest auto maker by sales reported a higher-than-expected rise in net profit for 2013, thanks to more stringent cost controls and strong growth in China's broader car market.



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Muslim Leaders Help Beat Polio in India

India's winning battle against polio started with building trust in the country's Muslim communities, which were especially hard-hit by the disease and skeptical of vaccines.



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Pope Accepts Resignation of 'Bishop of Bling'

Pope Francis accepted the resignation of a German cleric who spent $42.7 million on redoing his official residence.



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Obama, Pope Meet in Rome

President Barack Obama arrived in Vatican City for his first meeting with Pope Francis, a visit the White House hopes will bring attention to its economic agenda but that could also highlight divisions between the two.



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BOE Warns Against Complacency

Financial markets may be underestimating the impact of central banks' gradual exit from the extraordinary anticrisis measures of recent years, according to the Bank of England's Financial Policy Committee.



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Euro Zone Faces Deflation Risk Says ECB Official

The euro zone faces a low but real risk of deflation that may force the European Central Bank to act, ECB governing council member Luis Maria Linde said.



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Edoardo Cignoli : Spherix Sues Cisco Over Alleged Patent Infringements

Spherix Inc. said that it is suing Cisco Inc., alleging that $43 billion in Cisco sales infringed on Spherix patents



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Edoardo Cignoli : Wharf Reports Big 2013 Profit Drop

Hong Kong real estate conglomerate Wharf (Holdings) Ltd. reports a 38% drop in profit in 2013, on reductions in investment property revaluation gain and the absence of a one-time accounting gain.



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Pakistan, Taliban Hold Direct Talks

Pakistani government representatives and the Pakistani Taliban met in the volatile tribal areas for their first direct talks, five weeks after preliminary contacts were suspended over continued violence.



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Tycoon Likely Took Own Life, Inquest Told

Exiled Russian tycoon Boris Berezovsky, embittered and depressed by his declining fortunes, most likely died by his own hand, a British coroner heard on Wednesday



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IMF to Lend Ukraine up to $18 Billion

The International Monetary Fund said it reached a deal to provide $14 billion to $18 billion to Ukraine as part of an economic reform program that Ukrainian officials said would require "painful" change.



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BOJ Tankan Likely to Show Gain in Business Sentiment

A surge in last-minute demand before an April 1 increase in the sales tax could cheer businesses, if only briefly.



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Afghanistan's Karzai Battles for Legacy

Afghanistan's coming election to pick a successor to President Hamid Karzai will also determine how much power the mercurial leader will retain once he leaves office.



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Thailand Cuts Growth Outlook

Thailand's Finance Ministry cut its growth forecast for 2014 to 2.6% from 4%, citing the spillover effects from months of political unrest.



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Banks' Lending to Private Sector Falls

Lending by euro-zone banks to the private sector fell again in February, suggesting the recovery in the currency bloc will remain sluggish despite recent signs of an economic turnaround.



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Edoardo Cignoli : Yum Launches New Menu in China

U.S. restaurant chain Yum Brands launched a new menu and marketing campaign in China on Thursday, aiming to regain customer confidence after reported overuse of antibiotics by some of its chicken suppliers created a backlash.



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Edoardo Cignoli : ICBC Posts Weakest Profit Growth Since Listing

Industrial & Commercial Bank of China, the country's largest lender by assets, reported its weakest profit rise since its listing in 2006, hit by financial reforms that cut into its growth in interest income and narrowed its net interest margin.



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Edoardo Cignoli : Panasonic Aims for Record Revenue in 5 Years

The Japanese tech giant plans to further expand its auto and housing businesses, moving beyond a restructuring phase marked by a shift out of loss-making consumer electronics.



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Edoardo Cignoli : Toyota Workers in India Continue Strike

Most of Toyota Motor's Indian employees have refused to return to work this week, meaning the Japanese auto maker's troubles may drag on long enough to hurt sales here.



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Edoardo Cignoli : Strike Grounds Lufthansa Flights

A strike by ground staff over pay and conditions has grounded hundreds of flights at Frankfurt airport.



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Edoardo Cignoli : EasyJet Signs Seven-Year Deal With Gatwick

EasyJet and London's second biggest airport have signed an agreement setting the charges the budget carrier pays in return for commitments from the airport to improve the services it offers its main customer.



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Edoardo Cignoli : Siemens CEO Visits Putin

Siemens CEO Joe Kaeser met Putin as German companies attempted to avoid all-out economic war amid the Ukraine crisis.



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Edoardo Cignoli : GM CEO Says Recalled Cars Safe to Drive

General Motors Chief Executive Mary Barra took to video to rebut claims its cars are unsafe, allegations that have surfaced in the wake of the auto maker's recall of 1.6 million vehicles with faulty ignition switches.



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Edoardo Cignoli : Toyota Shares Up On Share Buyback

Toyota Motor shares get a relatively warm reception following the announcement of a share buyback plan worth up to $3.5 billion, bucking the overall market weakness.



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Edoardo Cignoli : Babcock to Buy Avincis for $1.5 Billion

Babcock International said it is buying helicopter group Avincis for $1.52 billion, funded through rights issue.



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Edoardo Cignoli : U.K. Energy Firms Face Probe

The U.K.'s electricity and gas markets regulator proposed an investigation into whether effective competition in the energy market is being stifled.



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Edoardo Cignoli : Glencore to Shut Australian Coal Mine

Glencore Xstrata will shutter one of its Australian coal mines within months, the latest in a string of closures and cutbacks in the country's once thriving coal industry as a global commodities boom cools.



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Edoardo Cignoli : Raiffeisen Bank Sees 2013 Profits Fall

Raiffeisen Bank InternationalAG, one of Austria's three biggest banks, said it would propose a lower dividend after reporting a 20% fall in net profit for 2013.



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mercoledì 26 marzo 2014

Edoardo Cignoli : Lufthansa Hit by German Airport Strike

Deutsche Lufthansa said a strike planned for Thursday at Frankfurt airport and six others in Germany would cost it millions of euros in damages and force the cancellation of close to 600 flights.



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Pakistan Officials, Taliban Hold Direct Talks

Pakistani government representatives and the Pakistani Taliban met in the volatile tribal areas for their first direct talks, five weeks after preliminary contacts were suspended over continued violence.



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Phone Records Disprove Pistorius's Account, Says State

Before Paralympian Oscar Pistorius shot and killed his girlfriend his phone records indicate he was connected to the Internet, information the state said disproved his account of that fatal night.



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Berezovsky Spoke of Suicide, Inquest Told

Exiled Russian tycoon Boris Berezovsky often spoke of killing himself in the months before he died, his former bodyguard Avi Navama told an inquest.



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World Bank Warns on Russia

Russia's economy may contract in 2014 if the conflict with Ukraine escalates, a situation that could prompt Moscow to opt for short-term crisis management instead of much-needed reforms, the World Bank said.



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Police Arrest Alleged Head of Indian Mujahedeen

Indian authorities said they had arrested the alleged head of the Indian Mujahedeen, an Islamist terrorist group accused of carrying out bomb attacks across India that have killed dozens of people in recent years.



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Irish Economy Has 'Turned the Corner'

Moody's has growing confidence in Ireland and is positive that the country will manage its huge debt levels in the coming years, a senior analyst at the rating agency said.



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EU Carries Out Surprise Inspections of Auto Exhaust Firms

European Union antitrust authorities carried out unannounced inspections Tuesday of companies that make automotive exhaust systems, in the latest phase of a broader investigation into competition violations in the auto parts market.



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Edoardo Cignoli : Apple Engineer Recalls iPhone's Birth

Steve Jobs gave senior software engineer Greg Christie an ultimatum: Lay out a vision for what would become the iPhone in two weeks or another group would take on the project.



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Obama Speech to Focus on Russian Incursion

The president's planned speech on relations between the U.S. and Europe will be the most visible sign that events in Ukraine have reshaped his visit to the continent and the nature of the ties among longtime allies.



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Debris Field Draws Hopes in Jet Search

New satellite images have located a possible debris field in the southern Indian Ocean, offering what officials describe as their most credible lead in the search for the missing Malaysian plane.



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Edoardo Cignoli : StubHub Sings the Blues After Shifting Fees

Sales have suffered at event-ticket reseller StubHub after it tried to be more upfront about the fees it charges. Rival prices look cheaper, until checkout.



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Edoardo Cignoli : 3M CEO Got 11% 2013 Pay Rise to $16.4 Million

Total compensation for 3M Co.'s chief executive, Inge Thulin, grew 11% last year to $16.4 million, the St. Paul, Minn.-based industrial conglomerate said in a securities filing Wednesday.



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Edoardo Cignoli : Barington Asks Darden to Consider Looking for New CEO

Activist investor Barington Capital Group Wednesday called for Darden Restaurants Inc. to consider seeking out a new chief executive, saying it has "lost confidence" in Clarence Otis' ability to run the company.



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Edoardo Cignoli : Facebook to Buy Virtual Reality Firm for $2 Billion

Facebook agreed to buy Oculus VR, a virtual-reality company, for a total of about $2 billion in cash and stock.



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Edoardo Cignoli : Retooled Mini Plant Gears Up

British car factories are operating at nearly full capacity and helping to buoy communities in the country's manufacturing heartland with the help of substantial capital investments from foreign-owned auto makers.



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Edoardo Cignoli : 'Candy Crush' Maker Trades Lower in Debut

King Digital opened lower, on the heels of an IPO that valued the "Candy Crush Saga" game maker at more than $7 billion.



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Edoardo Cignoli : Toys 'R' Us Swings to Loss, Capping 'Challenging Year'

Privately-held retailer Toys "R" Us Inc. swung to a loss in its fiscal fourth quarter, driven mainly by write-downs and lower same-store sales.



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Edoardo Cignoli : New Doubts Raised Over Japanese Stem-Cell Research

A Japanese scientist raised new doubts about the research methods of the lead author of two disputed stem-cell papers.



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Edoardo Cignoli : Kinder Morgan Energy to Spend $1 Billion on CO2 Project

Kinder Morgan Energy Partners plans to invest $1 billion to grow its carbon dioxide network, including drilling new wells and a new pipeline.



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Edoardo Cignoli : China Shipping Container Swings to Net Loss

China Shipping Container Lines Co. swung to a 2013 net loss as the nation's second-largest shipping operator suffered from weak demand for trade and global overcapacity.



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Edoardo Cignoli : Brazil Regulator Allows Telecoms Merger to Proceed

Brazil's securities regulator rejected minority shareholder complaints to pave the way for telecom operator Oi SA to proceed with plans to merge with Portugal Telecom SGPS SA.



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ECB Set to Mull Heavier Stimulus

European Central Bank officials sent strong signals Tuesday that they are willing to consider dramatic steps to guard against dangerously low inflation, including negative interest rates and asset purchases.



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WTO Says China's Rare Earth Restrictions Break Trade Rules

The World Trade Organization has ruled that China's restrictions on exports of "rare earth" materials violate international trade rules.



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New Doubts Raised Over Japanese Stem-Cell Research

A Japanese scientist raised new doubts about the research methods of the lead author of two disputed stem-cell papers.



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Edoardo Cignoli : Bertelsmann On Track to Boost Profit

Bertelsmann SE & Co., the family-owned German media conglomerate, aims to break out of years of sluggish growth by expanding its services for U.S. universities and in growth markets.



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Afghan Vote to Determine Karzai Role

Afghanistan's coming election to pick a successor to President Hamid Karzai will also determine how much power the mercurial leader will retain once he leaves office.



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Edoardo Cignoli : Glaxo Withdraws Application for Melanoma Treatment

GlaxoSmithKline has withdrawn an application in Europe relating to a combination treatment for melanoma, after the European Medicines Agency said more information was needed.



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Edoardo Cignoli : China Eastern Airlines 2013 Net Profit Down 25%

China Eastern Airlines's 2013 net profit fell 25% to 2.38 billion yuan as intensifying competition weighed on the Chinese carrier's profitability.



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Taiwan President to Meet Protesters

Taiwan President Ma Ying-jeou on Tuesday said he agreed to meet with student protesters in a bid to resolve a weeklong standoff between the government and students occupying a government building.



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Dutch Politician's Killer to Be Released Early

The man convicted of the murder of Dutch politician Pim Fortuyn nearly 12 years ago is to be released early from prison on parole.



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Edoardo Cignoli : New York Times to Introduce New Digital Subscriptions

New York Times Co. unveiled Wednesday two new tiers for digital subscriptions, offering both new low-price and premium models to be introduced next week.



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Edoardo Cignoli : Bellway Benefits From London Focus

Concentrating on London and the southeast helped U.K. house builder Bellway to a 13.1% increase in the average price of its homes in the first half of the financial year, said Chief Financial Officer Keith Abey.



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Edoardo Cignoli : China Three Gorges Replaces Chairman After Investigation

China Three Gorges, the state-owned operator of the $23-billion dam bearing its name, replaced its chairman and general manager, weeks after an antigraft probe uncovered problems at the company.



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Edoardo Cignoli : Tencent Takes Mobile-Games Stake

China's Tencent Holdings continued its investing spree, buying a 28% stake in Korean mobile-games company CJ Games for $500 million.



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Egypt Starts Second Mass Trial

An Egyptian court opened another mass trial of Islamist suspects, with 683 defendants—including the Muslim Brotherhood's top leader—facing an array of charges.



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U.K. Inflation Cools Further

Inflation cooled in the U.K. to its lowest annual rate for more than four years in February, further easing pressure on the Bank of England to consider a rise in interest rates.



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German Business Confidence Slips

German business confidence weakened in response to Russia's takeover of Crimea, highlighting the risks posed by tension between the European Union and Russia to the euro zone's fragile recovery.



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Bank of Spain Sees 'Modest' Economic Growth

Spain's central bank said the euro zone's fourth-largest economy will likely post "modest" economic growth in the first quarter, amid a broad-based recovery in consumption and investment, and raised its projections for this year and 2015.



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Edoardo Cignoli : 'Candy Crush' Maker Prices IPO at $22.50

Video-game maker King Digital Entertainment priced its IPO at $22.50 a share, raising $500 million and valuing the company at $7 billion. The central question is whether the company can pull off another hit.



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Edoardo Cignoli : News Corp, Fox Unveil Executive Moves

News Corp and 21st Century Fox Inc. separately said Wednesday that Lachlan Murdoch has been named nonexecutive co-chairman of the two companies.



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Edoardo Cignoli : Fortescue Expects to Pay Down More Debt by End of 2015

Australian iron-ore mining company Fortescue Metals Group Ltd. expects to pay down an additional US$3 billion of debt by the end of 2015.



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Edoardo Cignoli : Tata Communications, Vodacom Close to Deal for Neotel

India's Tata Communications is close to a $460 million deal to sell its South African telecommunications company, Neotel, to an arm of Vodafone, said an executive at Tata.



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Edoardo Cignoli : A-B InBev to Close Russian Brewery

Beer giant Anheuser-Busch InBev said it is closing another brewery in Russia because of steep declines in consumption driven by tougher regulation and higher taxes.



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Edoardo Cignoli : Chocks Away For British Airways, Finnair, Japan Air Joint Venture

The three airlines said their joint venture to share capacity on routes between Europe and Japan is due to start next Tuesday.



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Edoardo Cignoli : SSE Eyes Asset Sales, Debt Reduction

U.K. electricity company SSE said it plans to sell assets and reduce debt in an effort to raise about $1.65 billion, and added that it will freeze household energy prices until at least January 2016.



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Edoardo Cignoli : Norway's Telenor in Deal to Sell Conax Unit

Norwegian telecommunications company Telenor ASA said it has agreed to sell its television security unit Conax AS to Switzerland-based Kudelski SA for 1.51 billion Norwegian kroner ($250.2 million).



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Edoardo Cignoli : Hotel Chain Railroads Its Storied Name

Orient-Express Hotels, owner and operator of 35 luxury properties, this month changed its name to Belmond. The also said on Friday that it completed a $657 million debt refinancing.



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Edoardo Cignoli : Some Landlords See a 'Growth' Industry

Companies are capitalizing on the difficulties legal marijuana entrepreneurs face when trying to find space by specializing in the buying and leasing of properties where the drug can be produced.



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Edoardo Cignoli : Pemex Says Request Leaves Room for Private Players

The chief executive of Mexico's state-owned energy monopoly said his company's request to retain exclusive rights to prospective oil resources still leaves huge swaths available to private players.



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martedì 25 marzo 2014

Scientists Search for the Hairless Kiwi

Zespri Group is plowing millions of dollars into research and development of a kiwi with either an edible or easy-peel skin.



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Denmark's Museums Take Visitors Inside the Animal Kingdom

In this Scandinavian nation, public dissections of animals draw crowds of students.



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First Lady Raises Sensitive Issue

First Lady Michelle Obama pushed for free speech and access to information during her tour of China, raising a sensitive political issue on a trip that's been billed as a cultural exchange.



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Hedge Fund Bets Iran Will Pay for Terror Attack

U.S. hedge fund RD Legal Capital plans to bet as much as $100 million that it can collect on a court judgment against Iran for a deadly terror attack in Beirut three decades ago.



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Not a Penny for Candy Crush Deal Maker

King Digital's upcoming market debut will shower its employees and investors with riches. But the private-equity executive who made a crucial investment in the game maker will get hardly anything at all.



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Nuclear Security Guidelines Adopted

More than 30 countries have agreed to adopt international guidelines to improve nuclear security, but nuclear powers including China and Russia are absent from the list.



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Prominent Ukraine Nationalist Killed

A prominent member of a radical nationalist movement in Ukraine that played a key role in antigovernment demonstrations was killed during a police operation to detain him.



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Peru First Lady's Role Shakes President

Peruvian First Lady Nadine Heredia's large political role is creating controversy and hurting President Ollanta Humula's aspirations.



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Anglo American Restarting Operations At Los Bronces Mine in Chile

Mining company Anglo American Plc said Tuesday that it is restarting operations at its Los Bronces copper mine in Chile following violent protests earlier this week that had caused the company to halt operations.



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Phone Records Disprove Pistorius's Account, Says State

Before Paralympian Oscar Pistorius shot and killed his girlfriend his phone records indicate he was connected to the Internet, information the state said disproved his account of that fatal night.



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ECB Ready to Fight Deflation

The European Central Bank is ready to fight the specter of declining prices which threaten to undermine the euro area economic recovery, Governing Council member Josef Makuch said.



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Police Arrest Alleged Head of Indian Mujahideen

Indian authorities said they had arrested the alleged head of the Indian Mujahideen, an Islamist terrorist group accused of carrying out bomb attacks across India that have killed dozens of people in recent years.



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Irish Economy Has 'Turned the Corner'

Moody's has growing confidence in Ireland and is positive that the country will manage its huge debt levels in the coming years, a senior analyst at the rating agency said.



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EU Carries Out Surprise Inspections of Auto Exhaust Firms

European Union antitrust authorities carried out unannounced inspections Tuesday of companies that make automotive exhaust systems, in the latest phase of a broader investigation into competition violations in the auto parts market.



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ECB's Liikanen: Open to Negative Deposit Rate

Setting a negative deposit rate to guard against excessively low inflation is an option for the European Central Bank, said Finland's central bank governor Erkki Liikanen.



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Ukraine Defense Chief Resigns

Lawmakers in Ukraine accepted the resignation of the defense minister as thousands of troops began withdrawing from the Crimean peninsula.



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ECB's Liikanen: Open to Negative Deposit Rate

Setting a negative deposit rate to guard against excessively low inflation is an option for the European Central Bank, said Finland's central bank governor Erkki Liikanen.



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UBS's Chee Returns to Work

A top IPO banker at UBS was reinstated after being suspended amid an internal probe into the hiring of an employee linked to a Chinese company that awarded business to the Swiss bank.



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Edoardo Cignoli : HTC Pins Turnaround on New Phone

HTC unveiled an updated version of its flagship smartphone, with an unusual double rear-facing camera and motion sensors, in a high-stakes bid to regain ground in the smartphone market.



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Edoardo Cignoli : Better Ticket Prices Drive Carnival's Results

Carnival swung to a fiscal first-quarter loss on fuel derivatives impacts but said its adjusted results beat expectations thanks to better-than-expected ticket prices.



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Edoardo Cignoli : Walgreen Posts Weaker Profit, to Close Stores

Walgreen said its fiscal second-quarter earnings eased as the drug-store operator was hit by weaker margins tied to a slowdown in generic drug introductions and a milder flu season.



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Edoardo Cignoli : EBay Reiterates Opposition to Icahn Proposals

EBay reiterated its opposition to Carl Icahn's effort to break up the e-commerce company, saying its board unanimously recommends shareholder vote against his board nominees and break-up proposal.



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Edoardo Cignoli : Omnicare Names Operations Chief Sahney as Incoming CEO

Omnicare Inc. named Chief Operating Officer Nitin Sahney as its next chief executive, with CEO John Workman announcing his plans to retire by the end of the year.



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Edoardo Cignoli : Air China Profit Down 32% on Competition, Weak Cargo Demand

Flag carrier Air China Ltd. reported a 32% decline in 2013 net profit as intensifying competition and weak demand for air cargo weighed on its profitability.



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Edoardo Cignoli : Kodak to Pursue Sale of Business Park

Kodak said it will pursue the sale of Eastman Business Park, its sprawling industrial facility in Rochester and Greece, N.Y., as the slimmed-down company looks to focus on its core businesses.



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Edoardo Cignoli : Pfizer Cancer Drug Xalkori Shows Positive Results as First-Line Remedy

Pfizer said its Xalkori cancer drug was superior to chemotherapy as a first-line treatment for a certain type of advanced non-squamous non-small cell lung cancer in a recent Phase III study.



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Edoardo Cignoli : McCormick Profit Grows on Wuhan Buy

McCormick & Co.'s fiscal first-quarter earnings rose 8.6% as the spice maker's results were boosted by a recent acquisition.



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Edoardo Cignoli : G-III Apparel Profit Improves on Margin Growth

G-III Apparel said its fiscal fourth-quarter earnings grew 62% thanks to sales strength across the business and improved margins, but the company offered a cautious forecast.



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Edoardo Cignoli : Kohl's Chief Merchandising Officer Resigns

The resignation of Kohl's chief merchandising officer comes as the department-store operator has suffered in recent years from its shift away from national brands to focus on exclusive brands.



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Edoardo Cignoli : American Apparel offering $30.5 million in stock

American Apparel Inc. on Tuesday said it plans to offer $30.5 million in stock in a bid to shore up its working capital and pay interest on its debt.



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Edoardo Cignoli : Calvin Klein CEO Tom Murry to Retire

Calvin Klein Chief Executive Tom Murry will step down on July 1, when current President and Chief Commercial Officer Steve Shiffman will take over as head of the apparel brand.



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Afghan Vote Will Also Determine Karzai's Next Role

Afghanistan's coming election to pick a successor to President Hamid Karzai will also determine how much power the mercurial leader will retain once he leaves office.



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Edoardo Cignoli : Yanzhou Coal Plans to Slash China Workforce by 18%

China's Yanzhou Coal Mining Co. plans to cut around 18% of its workforce in China over the next three years and to restructure the senior management of its Australia unit.



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Taiwan President Agrees to Meet Protesters

A resolution for a weeklong standoff between Taiwan government and student protesters may be taking shape, as President Ma Ying-jeou on Tuesday said he has agreed to meet with student leaders.



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Egypt Starts Second Mass Trial

An Egyptian court opened another mass trial of Islamist suspects, with 683 defendants—including the Muslim Brotherhood's top leader—facing an array of charges.



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U.K. Inflation Cools Further

Inflation cooled in the U.K. to its lowest annual rate for more than four years in February, further easing pressure on the Bank of England to consider a rise in interest rates.



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German Business Confidence Slips

German business confidence weakened in response to Russia's takeover of Crimea, highlighting the risks posed by tension between the European Union and Russia to the euro zone's fragile recovery.



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Insurgents Storm a Kabul Elections Commission Office

Insurgents stormed an elections commission office in Kabul, less than two weeks before a crucial vote to pick a successor to Afghan President Hamid Karzai.



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Edoardo Cignoli : Global Bribery Crackdown Gains Steam

More countries are cracking down on companies that bribe foreign government officials after years of complaints by American firms that a tough U.S. regulation has put them at a competitive disadvantage overseas.



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World Bank Presses for China Urbanization

The World Bank unveiled a wide-ranging plan to spur urbanization in China, echoing the broad policy framework set out in a report released this month by China's State Council.



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Edoardo Cignoli : Royal Mail to Eliminate 1,300 Jobs

The recently-listed U.K. mail company said it has to improve efficiency to compete better in the letters and parcel-delivery business.



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Edoardo Cignoli : Pegatron Earnings Rise on Apple Ties

Pegatron, the main manufacturer of the iPhone 5C and iPad Mini, Monday posted a 22% jump in earnings, reflecting its growing role as a supplier for Apple.



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Edoardo Cignoli : Centrica Clinches Deal for Irish Power Assets

The owner of British Gas, the U.K. household gas supplier, has taken advantage of Ireland's privatization program to expand outside of its home base.



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Edoardo Cignoli : Shell Gas to Focus on Big Projects

Royal Dutch Shell's global gas division will focus on large ventures where it has more control as it continues trimming some holdings and unprofitable investments as part of a cost-cutting program, a senior executive said.



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Edoardo Cignoli : Kingfisher to Return Capital to Shareholders

European retail company Kingfisher said it will commence a program of returning surplus capital to shareholders, alongside annual dividend payments, after reporting a 10% rise in pretax profit.



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Edoardo Cignoli : EasyJet Upgrades First-Half Guidance

Budget airline EasyJet raised its first-half guidance, citing the benefits of cost cuts and its focus on strategic priorities.



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Edoardo Cignoli : Australia Backs Away From Cap on Directors' Tenure

Australia has backed away from a proposal to encourage listed companies to limit the tenure of independent directors to a maximum of nine years.



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Edoardo Cignoli : Cosco Pacific Net Profit Doubles

Chinese ports investor Cosco Pacific reported a sharp rise in 2013 net profit thanks to growth in port-handling volume and a one-off gain from a stake sale.



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Fukushima Fishermen Accept Plan for Groundwater

The plan would involve trapping the water in wells, testing it, then releasing it into the ocean.



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Edoardo Cignoli : Abu Dhabi's Taqa Hurt By Write-Downs

Abu Dhabi National Energy suffered a hefty loss in 2013 because of impairment charges on its North American oil and gas assets.



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lunedì 24 marzo 2014

Russian Capital Flight Surges

Russia will see the largest capital outflow since the 2008 financial crisis in the first quarter of this year, the country's deputy economy minister said, as relations with the West have sharply deteriorated since Moscow annexed Crimea this month.



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Russia Imposes Travel Sanctions on Canada

A tit-for-tat geture, Russia's list includes Canadian government and civic leaders.



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Ebola Outbreak Kills Dozens in Guinea

An Ebola outbreak has killed dozens of people in Guinea, demonstrating the potential of one of the world's most deadly viruses to strike across the African continent.



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Edoardo Cignoli : Disney Names New Television Head

Walt Disney said ABC News President Ben Sherwood will take over as the head of ABC's television operations next year after Disney Media Networks co-Chairman Anne Sweeney steps down.



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Edoardo Cignoli : IMS Health Expects IPO to Price Between $18 to $21 a Share

IMS Health Holdings Inc. expects the price of its shares to fall bewteen $18 and $21 in its initial public offering, the company said in updated IPO papers filed with regulators.



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Jurors Reach Verdict In Madoff Employees Trial

Jurors have reached a verdict in determining the fate of five former employees of jailed financier Bernard Madoff.



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Edoardo Cignoli : Discount Airlines Add Flights to Big Cities from Reagan National

Southwest Airlines is adding new service to seven cities from Reagan National Airport with the slots it won at the airport as part of the government's antitrust settlement with American Airlines



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RBS, Sumitomo Mitsui in Talks on RBS Citizens

Japan's Sumitomo Mitsui Financial Group has held preliminary talks with Royal Bank of Scotland Group about the possibility of buying its U.S. retail-banking business.



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Shiller Metric Carries Warning for Stocks

Ahead of the Tape: According to a valuation measure associated with the most famous living student of investment bubbles, stocks are undeniably expensive.



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Edoardo Cignoli : Supreme Court Won't Review Lower Court Rulings on Delaware Arbitration

The U.S. Supreme Court's justices said Monday they won't review lower-court rulings that held a Delaware state-sponsored arbitration program unconstitutional.



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Pistorius Text Messages Read in Court

Days before she was shot and killed, Reeva Steenkamp sent a text message to her boyfriend, Oscar Pistorius, saying she was scared by "how you snap at me."



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Volume of World Trade Rebounds in January

The volume of world trade rose in January following two straight months of decline, as a rise in exports from and imports to developed economies helped offset a continued decline in Asian flows.



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Philippine President Says Arrests Won't Hurt Peace Process

Philippine President Benigno Aquino III called the arrests of two rebel leaders a blow to the decadeslong communist insurgency.



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Edoardo Cignoli : Supreme Court Rejects Arch Coal Challenge To EPA Powers On Permits

The U.S. Supreme Court dealt a setback to Arch Coal., refusing to consider whether the EPA exceeded its powers when it retroactively withdrew parts of a permit the company had secured for a large mountaintop coal mine in West Virginia



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Edoardo Cignoli : Nabors Expects Earnings to Miss Consensus Estimates

Nabors Industries expects its first-quarter earnings to come in below expectations, citing weather concerns at its completion services segment.



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