By ROD McGUIRKAssociated Press
CANBERRA, Australia (AP) - The head of the Australian subsidiary of Huawei Technologies Ltd. has urged Australia not to be swayed by report from the U.S. Congress that referred to the Chinese telecommunications giant as a potential security risk.
FRANKFURT, Germany (AP) - Business software maker SAP AG saw its third quarter profit fall from a year ago because of a large one-time gain booked then, but the company raised its sales outlook for the year and said its business in cloud computing was growing fast.
Net profit came in at €618
AMSTERDAM (AP) - The Dutch brewer Heineken NV said Wednesday third quarter net profit rose 9.9 percent to €577 million ($749 million), with growth in all regions except Europe.
The company said profits increased thanks to higher sales and savings from jobs it has cut, offset somewhat by higher raw
By GEIR MOULSONAssociated Press
BERLIN (AP) - The European Central Bank's president drew a broadly positive response from German lawmakers Wednesday when he told them that his bond-buying plan won't stoke inflation and will not allow struggling countries to backslide on economic reforms
By PABLO GORONDIAssociated Press
The price of oil hovered under $87 a barrel Wednesday as hopes that the slowdown in Chinese manufacturing might be stabilizing helped shore up sentiment across financial markets.
By early afternoon in Europe, benchmark oil for December delivery was down 12 cents
By PAMELA SAMPSONAP Business Writer
BANGKOK (AP) - Asian stock markets rose Thursday as investors kept their sights on a possible improvement in the Chinese economy.
A key survey of Chinese manufacturing activity rose to a three-month high in October, easing concerns that China might experience
By ELAINE GANLEYAssociated Press
PARIS (AP) - A former junior trader for France's second-largest bank who was ordered Wednesday to pay back a staggering €4.9 billion (about $7 billion) in damages to his ex-employer is painting himself as the victim of a financial system that runs on greed.
By MARTIN CRUTSINGERAP Economics Writer
WASHINGTON (AP) - Six weeks after rolling out a bold plan to boost the U.S. economy, the central bank is meeting again amid low expectations for further help.
Private economists believe the Fed will send a simple message after its two-day meeting that it
By DANIEL WAGNERAP Business Writer
WASHINGTON (AP) - Expanding its reach, the government's consumer finance watchdog agency will monitor the day-to-day operations of big debt-collection companies, the agency said Wednesday.
It is the first time that debt collectors have been subject to
By The Associated Press
Bookseller Barnes & Noble Inc. said Tuesday devices customers use to swipe credit and debit cards were tampered with in 63 of its stores. The company provided a list of the affected stores:
- 4735 Commons Way, Calabasas
- 2470 Tuscany Street, Corona