Goldman Sachs profit jumps, tops expectations
Goldman Sachs Group Inc quarterly earnings nearly quadrupled, topping expectations, but its shares fell on disappointment that so much of the profit came from trading gains that might not be sustainable. Read Full Article here.
GM, Magna set to sign Opel deal, job talks continue
U.S. carmaker General Motors was close to signing a deal to sell a 55 percent stake in its European arm Opel to Canada's Magna Thursday as talks continued with unions over job cuts. Read Full Article here.
U.S. foreclosures fall 2nd straight month
U.S. mortgage foreclosure filings fell for a second straight month in September, but remained near a record high, amid ongoing and sweeping efforts to keep borrowers in their homes, a report released on Thursday showed. Read Full Article here.
Nokia reports surprise Q3 loss on networks hit
The world's top cellphone maker Nokia reported a surprise loss for the July-September quarter, hit by a major writedown at its networks unit, but said demand for handsets had improved. Read Full Article here.
RIM launching new version of touchscreen BlackBerry
BlackBerry maker Research In Motion is launching a new version of its touchscreen Storm smartphone, marking its latest move in the fight with Apple's iPhone. Read Full Article here.
Roche sales beat forecasts, ups Tamiflu guidance
Roche's third-quarter sales rose 14 percent to 12.4 billion Swiss francs ($12.2 billion), helped by its cancer drugs and beating expectations, and it upped its forecast for flu medicine Tamiflu. Read Full Article here.