Business news

africa-debt-crisis-looming

Africa: debt crisis looming?

Debt crisis. It's a phrase Europe has made its own in recent history. Could it be Africa's turn next? SOUNDBITE (English) JUDITH TYSON, AUTHOR, OVERSEAS DEVELOPMENT INSTITUTE, SAYING: ''The risk Feb 6, 2015
robots-to-dominate-chinese-labor

Robots to dominate Chinese labor

Robots taking over China's factory floors. And by 2017, there will be more in production plants here than in any other country in the world. (SOUNDBITE) (English) REUTERS REPORTER, JANE LANHEE LEE, Feb 6, 2015
asia-week-ahead-examining-the-japanese-economy

Asia Week Ahead: Examining the Japanese economy

EDITORS' NOTE: THIS EDIT CONTAINS COVERTED 4:3 MATERIALS (SOUNDBITE) (English) REUTERS REPORTER, PAMELA AMBLER, SAYING: "Japan will see a heavy data download next week." First up, the country's Feb 6, 2015
sonys-pascal-stepping-down-as-co-chair

Sony's Pascal stepping down as co-chair

Amy Pascal, one of the most power women executives in Hollywood, is stepping down as co-chairman of Sony Pictures. The move comes after hackers leaked a chain of embarrassing emails between Pascal Feb 6, 2015
pfizers-premium-bet-on-generic-drugmaker

Pfizer's premium bet on generic drugmaker

Pfizer finally making a deal, buying Hospira for about $15 billion. The goal: boost its portfolio of generic injectable drugs, and copies of pricey biotech medicines, called biosimilars. Shares of Feb 6, 2015
greek-mps-defiant-at-first-session

Greek MPs defiant at first session

A media frenzy outside the Greek Parliament in Athens. The country's lawmakers arrived for the swearing in of the new coalition government led by Syriza. Members of the anti-austerity party promised Feb 5, 2015
bt-dominates-with-12-5bln-ee-deal

BT dominates with 12.5bln EE deal

It's already Britain's biggest fixed-line telecoms provider. Now BT is to add mobile to its portfolio of products after agreeing to buy EE from Deutsche Telekom and France's Orange. The deal, worth Feb 5, 2015
bse-closes-points-32-14-down-on-feb-5

BSE closes points 32.14 down on Feb 5

New Delhi, Feb 5 (ANI): Trading at the Bombay Stock Exchange today closed 32.14 points down to stand at 28,850.97. At the National Stock Exchange the Nifty closed 107.65 points up to stand at 8,831.35. PIPAVAVDOC and Jubilant FoodWorks Ltd were among the top gainers of Group A with an increase of 7.00% and 6.92% along with CUB and SHREE CEMENT with an increase of 5.51% and 5.17% respectively, while the top losers of Group A include UNITECH and IOB with a decrease of 12.99% and 11.01% along with KEC and GMR INFRA with a decrease of 10.39% and 9.51% at the close of the markets. The Auto sector is down 155.71 points at 19,571.90, while the banking sector is down 102.06 points at 21,813.19 and the reality sector is down 49.50 points at 1,757.69. The Indian currency is up 0.15% at Rs 61.84 per dollar. Feb 5, 2015
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