Shyftr Shyftr

Tuesday, September 30, 2014

Wall Street Journal

Sumitomo Shares Plunge on Big Loss

39 minutes ago
Sumitomo Corp.'s shares plummeted 12% Tuesday after the major Japanese general trading company unveiled a $2.47 billion loss from soured investments abroad.

Eurozone Inflation Hits Five-Year Low

54 minutes ago
The annual rate of inflation in the eurozone fell further below the European Central Bank's target in September, and to its lowest level since October 2009.

EU Believes Apple's Irish Tax Deals Broke Rules

1 hour 49 minutes ago
European Union regulators said they believe that tax deals granted to Apple in Ireland constitute illegal state aid as it set out the reasoning behind the decision to open an in-depth investigation in June.

European Stocks Edge Higher

2 hours 7 minutes ago
European stocks edged higher Tuesday, reversing part of the previous day's decline, as investors awaited eurozone inflation data.

Tele Columbus Targets IPO By Year End

3 hours 14 minutes ago
Tele Columbus wants to launch an initial public offering and list on the Frankfurt stock exchange before the end of the year, the German television and Internet cable network operator said.

ICAP Hurt by Lower Trading Volumes

3 hours 23 minutes ago
ICAP warned that first-half revenue would be lower than last year amid lower trading volumes and said Finance Director Iain Torrens would leave the company.

TeliaSonera Promises Stable Dividend

3 hours 26 minutes ago
The Swedish telecom company has announced new initiatives to increase its competitiveness through both growth and savings measures, and maintained its full year guidance.

RBS Impairments to Beat Guidance

3 hours 36 minutes ago
Royal Bank of Scotland Group said that full-year impairments would be lower than expected as it continues to see an improvement in economic conditions and asset prices in its key markets, including Ireland.

German Retail Sales Up in August

3 hours 51 minutes ago
German retail sales recovered in August from a sharp decline the previous month, posting the biggest gain in more than three years, the country's Federal Statistics Office said.

Japan Airlines Reports Hacker Attack

4 hours 58 minutes ago
Japan Airlines Co. said it has become the latest target of hackers, with the information of up to 750,000 customers possibly stolen.

China's Industrial Output Growth Holds Steady

5 hours 48 minutes ago
A closely watched gauge of China's manufacturing activities showed sluggish growth for a second straight month, indicating that the world's second-largest economy still faces downward pressure.

Japan's Economy Remains Fragile

5 hours 57 minutes ago
Japan's economy continued to stagnate in August after a pullback induced by a tax increase earlier in the year, raising difficult questions for Prime Minister Shinzo Abe who needs to make more tax decisions toward the end of the year.

From Africa to Ukraine, Deal Police Proliferate

These days, many big mergers don't just need to win antitrust approval from regulators in the U.S. and the European Union. A growing roster of nations including China, Brazil and even Ukraine also want a say.

Asian Shares Fall

Stocks in Asia were lower, as investors kept an eye on the unrest in Hong Kong and the market in Tokyo reacted to signs that a domestic sales tax from earlier in the year has dealt a blow to consumption.

GM CEO Looks to Shift Gears, Set Strategy Goals

General Motors CEO Mary Barra on Wednesday plans to unveil a multiyear financial strategy that would deliver the superior profits and market-leading vehicles that have always seemed to be in GM's future, never its present.

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