- Apple's holiday surprise: big sales, not so big profits
Apple Inc posted its third successive quarter of declining iPhone sales on Tuesday and forecast slimmer-than-expected profit margins over the upcoming holiday season. More »Apple's holiday surprise: big sales, not so big profits
- Gold edges down on firmer dollar
(Reuters) - Gold prices inched down on Thursday to extend losses from the previous session as the U.S. dollar steadied against the yen, but underlying demand for bullion was seen as … More »Gold edges down on firmer dollar
(Reuters) - Gold prices inched down on Thursday to extend losses from the previous session as the U.S. dollar steadied against the yen, but underlying demand for bullion was seen as robust ahead of major festivals in India. FUNDAMENTALS * Spot gold was down nearly 0.1 percent at $1,265.51 an ounce at 0053 GMT. * U.S. …
- Asia shares slip after Apple results hit Wall Street, dollar off highs
TOKYO (Reuters) - Asian shares edged down on Thursday after disappointing earnings from technology giant Apple dragged on Wall Street, while the dollar remained shy of this week's … More »Asia shares slip after Apple results hit Wall Street, dollar off highs
TOKYO (Reuters) - Asian shares edged down on Thursday after disappointing earnings from technology giant Apple dragged on Wall Street, while the dollar remained shy of this week's nearly nine-month highs. Besides Apple , results and forecasts from some other major U.S. companies also weighed on U.S. markets overnight. …
- Samsung Electronics to change quality assurance processes after Note 7 withdrawal
SEOUL (Reuters) - Samsung Electronics Co Ltd on Thursday said it would make significant changes to its quality assurance processes in the wake of the withdrawal of its Galaxy Note 7 … More »Samsung Electronics to change quality assurance processes after Note 7 withdrawal
- China courier ZTO delivers year's biggest U.S. IPO
By Lauren Hirsch NEW YORK (Reuters) - Chinese package delivery company ZTO Express raised $1.4 billion (1.14 billion pounds) in the biggest U.S. initial public offering of the year … More »China courier ZTO delivers year's biggest U.S. IPO
By Lauren Hirsch NEW YORK (Reuters) - Chinese package delivery company ZTO Express raised $1.4 billion (1.14 billion pounds) in the biggest U.S. initial public offering of the year on Wednesday as its backers cashed in on China's booming online-shopping industry, a source familiar with the deal said. The stock market …
Nissan Motor Co Ltd <7201.T> said on Wednesday it would stop production in May of the Mexican-built Tsuru, an economical and hardy sedan beloved by taxi drivers but often sold without airbags and widely criticized for its poor crash record. A cash cow for Nissan built since the early 1980s, the Mexican Tsuru is one of …
By Se Young Lee SEOUL (Reuters) - Samsung Electronics Co Ltd <005930.KS> on Thursday said it aims to recover quickly from the disastrous withdrawal of the fire-prone Galaxy Note 7 that dragged third-quarter mobile earnings to their lowest in nearly eight years. The world's top smartphone maker saw its mobile earnings …
Samsung Electronics Co Ltd <005930.KS> on Thursday said its operating profit fell 30 percent year-on-year in the quarter marred by the withdrawal of its Galaxy Note 7 smartphones, sinking to its lowest level in two years. The world's top smartphone maker said third-quarter operating profit was 5.2 trillion won ($4.57 billion), …
Belgian politicians failed to break their deadlock over a planned EU-Canada free trade agreement on Wednesday, but agreed to resume talks on Thursday in a sign they may be nearing a consensus that would keep the deal alive. The news prompted Canadian Prime Minister Justin Trudeau to call off plans to fly to Brussels on …
Tesla Motors Inc (TSLA.O) reported its first quarterly net profit in more than three years on Wednesday, buoyed by nearly $139 million in sales of clean car credits, and Chief Executive Elon Musk said the company could turn a profit again in the fourth quarter. The tech billionaire said Tesla could still raise capital …
TOKYO (Reuters) - Asian shares edged down on Thursday after disappointing earnings from technology giant …




