Luxury and retail group PPR SA said it has agreed terms to acquire the Italian suitmaker that once clothed James Bond.
Ericsson, the world's top mobile network gear maker, cautioned that new lower-margin business would hit profitability in the fourth quarter and the global slowdown could mean its customers spend less.
The top pre-market NASDAQ Stock Market gainers are: SodaStream International, Yongye International, KIT digital, Universal Display, and City Telecom HK. The top pre-market NASDAQ Stock Market losers are: Rovi, Blue Nile, STEC, Alaska Communications Systems Group, and China GrenTech.
Malaysia wants economic growth. It wants to catapult itself from a middle-income country to a high-income country.
After swallowing months of cost increases that have eaten into their bottom lines throughout 2011, the nation's largest restaurant chains are positioning themselves to dish out incremental price increases to patrons over the next couple of months.
Tencent Holdings Ltd, China's biggest Internet company by revenue, reported its slowest profit growth in four years, missing analysts' estimates on softer growth in its casual games and lower margins due to increased investments.
Google Inc will continue to offer support to firms using its Android system that are involved in legal disputes, its executive chairman Eric Schmidt said on Wednesday, as the Internet giant looks to cement alliances in the face of toughening competition.
Argentina's biggest energy firm YPF has announced that it had found nearly a billion barrels in unconventional energy resources in Patagonia. YPF is the Argentine unit of Repsol YPF SA, Spain's largest oil group.
Barclays Capital believes that iCloud could be Apple Inc.'s (NASDAQ: AAPL) most important new service since the launch of iTunes in 2003.
Chinese industrial output in October grew at its weakest annual pace in a year and inflation fell sharply, raising expectations Beijing will do more to support economic growth by fine tuning policy.
Anheuser-Busch InBev, the world's largest brewer, increased profits by more than expected in the third quarter after charging more for the same amount of beer.
European shares looked set to follow Asian equities higher Wednesday and the euro steadied after Italian Prime Minister Silvio Berlusconi said he would resign, raising hopes the debt-ridden country would proceed with reforms that may keep Europe's debt crisis from spreading.
European shares looked set to follow Asian equities higher on Wednesday and the euro steadied after Italian Prime Minister Silvio Berlusconi said he would resign, raising hopes the debt-ridden country would proceed with reforms that may keep Europe's debt crisis from spreading.
The annual inflation rate in China fell to 5.5 percent in October as a result of the government measures to curb rapidly rising prices.
China's annual inflation rate fell sharply in October to 5.5 percent in a further pullback from July's three-year peak, giving Beijing more room to fine tune policy to help an economy feeling the chill of a global slowdown.
The head of the International Monetary Fund warned on Wednesday that Europe's debt crisis risked plunging the global economy into a lost decade and said it was up to rich nations to shoulder the burden of restoring growth and confidence.
China's annual inflation rate eased to 5.5 percent in October, a third straight month of decline from July's three-year peak and Premier Wen Jiabao said prices had fallen further since then.
A 41-year-old ex-Motorola software engineer accused of stealing trade secrets for her native country, China, is currently on trial and is looking at 15 years in prison if she is convicted of economic espionage.
Lady Gaga's outlandish outfits steal every show set she steps on and Sunday's MTV Europe Music Awards were no exception. Gaga transformed into paper, storming the stage on what appeared to be an artificial moon. The effect: paper moon
The 12 official posters for the 2012 London Olympics were revealed Nov. 4 and they don't look anything like what you'd expect!
Nairobi Securities Exchange has launched two stock indexes in conjunction with FTSE Group, and said on Tuesday it planned to start one for Treasury bonds next year.
South African stocks inched to their highest close in seven sessions on Tuesday, rising 0.5 percent as banks and retailers rose on hopes a budget vote in Italy could help move the euro zone closer to resolution of its debt crisis.