Business

First reported 19 hours ago - Updated 31 mins ago - 11 reports

Google Set To Plunge Into India’s Booming Smartphone Market

Google is expected to launch its much-awaited sub-$100 smartphones in India this month, which will further heat up the competition in the already thriving smartphone market in the country. The new device that is priced around Rs 6,000 is part of Google’s ... [Published CXOtoday - 6 mins ago]
First reported 18 hours ago - Updated 31 mins ago - 11 reports

July infrastructure output growth slows down to 2.7%

Eight core infrastructure industries accounting for nearly 40 per cent of industrial output slowed down to 2.7 per cent in July due to negative growth in crude oil, natural gas, refining, fertiliser and steel output, government data released on Monday ... [Published Financial Chronicle - 31 mins ago]
First reported 21 hours ago - Updated 32 mins ago - 14 reports

EU questions Facebook-WhatsApp $19 bn deal

In a bid to understand what separates a social network from a messaging application, European Union (EU) anti-trust officials have sent a detailed questionnaire to the competitors as well as customers of Facebook and WhatsApp.The move is part of the EU's ... [Published ProKerala.com - 1 hour ago]
First reported 23 hours ago - Updated 33 mins ago - 12 reports

Budget surplus raises pressure on Germany

Germany posted its biggest budget surplus since reunification in the first half of 2014, underscoring the strength of its finances at a time it faces growing pressure to loosen the fiscal reins and spend more to bolster growth in Europe.The budget figures ... [Published Times of Malta - 33 mins ago]
First reported 2 hours ago - Updated 40 mins ago - 9 reports

Australia c.bank holds rates, keeps policy guidance

SYDNEY, Sept 2 (Reuters) - Australia's central bank kept its cash rate at a record low of 2.5 percent for a 12th consecutive policy meeting on Tuesday, with the economy growing only moderately and mining investment still set to fall sharply in coming ... [Published Sharenet - 13 mins ago]
First reported 22 hours ago - Updated 46 mins ago - 11 reports

Azmi vows to fight charge, saying it is a blow to academic freedom

A defiant Azmi Sharom (pic), who was charged with sedition this morning, said he would fight the charge as it was a blow to academic freedom and freedom of expression. Azmi, 45, said he was shocked to learn that the charge was over comments he had made ... [Published The Malaysian Insider :: Malaysia - 59 mins ago]
First reported Sep 01 2014 - Updated 56 mins ago - 30 reports

The Wall Street Journal: China gives Microsoft 20 days to explain problems

BEIJING — Chinese officials gave Microsoft Corp. MSFT, +1.23%   a deadline to explain what they called compatibility and bundling issues with its software, putting pressure on the software maker as it faces an antitrust probe into its business practices ... [Published Atlanta Journal And Constitution - 4 hours ago]
First reported 14 hours ago - Updated 1 hour ago - 12 reports

Google to reveal first Android One phones on Sept 15th

Ever since Google announced Android One out of nowhere, we have been very interested to see it on a budget device. We might not have to wait much longer, with the first Android One smartphones rumoured to be launching in two weeks.Google is holding an ... [Published News 100 - 1 hour ago]
First reported 18 hours ago - Updated 1 hour ago - 11 reports

RBI asks banks to set up time-bound mechanism for loan proposals

MUMBAI: In a bid to speed up credit decision-making, the on Monday has asked banks to set up a time-bound mechanism for clearing loan proposals but at the same time, cautioned them in carrying out necessary due diligence.A right time loan sanctioning ... [Published Economic Times - 1 hour ago]
First reported Sep 01 2014 - Updated 1 hour ago - 23 reports

Red, White and Boom fireworks get a Labor Day redo

Thousands of Quad City residents celebrated the unofficial end of summer with a bang Monday night, as Red, White and Boom fireworks marked the end of the Labor Day weekend.Traditionally held on July 3rd, organizers were forced to cancel the Red, White ... [Published WQAD - 3 hours ago]
First reported 22 hours ago - Updated 3 hours ago - 29 reports

New: Some Workers Not Happy This Labor Day

at 11:14 PM EDTBUFFALO (WKBW) About two dozen king-led protestors marched in front of the Burger King on Seneca Street in South Buffalo Monday afternoon, pushing for higher wages and also opposing the merger of Burger King and Canada-based Tim Hortons, ... [Published WKBW News 7 - 3 hours ago]
First reported 23 hours ago - Updated 5 hours ago - 9 reports

LEN BLAVATNIK : Perform mulling £700m takeover bid by Blavatnik

UKRAINIAN-born billionaire Len Blavatnik's investment group Access Industries said yesterday it is planning to buy out the remaining stake in Perform Group that it does not already control, in a deal that would value the London -listed internet sports ... [Published 4 Traders - 7 mins ago]

Quotes

"The number of homes we built has increased by 27 percent... Whilst this is clear evidence of the success of our strategy, it also shows the positive impact of the government's Help to Buy scheme" Chairman Steve Morgan said in a statement
"A double-digit drop in profit and a weaker than expected outlook for the rest of the year disappointed investors" Aliouche said
** Our comments on the development of export and import prices relate to the development of the aggregate "Goods and services, excluding precious metals, jewellery and precious stones as well as works of art and antiques" (Total exports in accordance with "Total 1")
"Over the next 12 months, we plan a further £1.0m of capital investment in our bespoke pension administration and wealth management platform, with the aim of enhancing the services we offer clients and realising operational efficiencies across our business as a whole" the company said

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Blogs

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Asian Equities Lower in Subdued Trade [Published OANDA Forex Blog - 17 mins ago]
Asian shares slipped on Tuesday as a U.S. holiday robbed markets of momentum, while the euro hit a fresh one-year low on uncertainty over the European Central Bank’s policy decision later this week. Spreadbetters expected an effectively flat open for ...
Euro Continues Decline on ECB Uncertainty [Published OANDA Forex Blog - 19 mins ago]
The euro slipped to a fresh one-year low of $1.3115.  The common currency was expected to remain under pressure ahead of Thursday’s European Central Bank policy meeting.  While many market participants do not expect the ECB to take major easing steps ...
Copper Rallies to $3.15 after Strong Decline [Published OANDA Forex Blog - 21 mins ago]
Copper fell in London on signs that factory demand will slow in China, the world’s largest consumer of the industrial metal. The purchasing managers’ index from the China Federation of Logistics and Purchasing dropped to 51.1 for August from 51.7 in ...
4.7-inch iPhone 6 makes another hands-on video ... [Published SlashGear - 27 mins ago]
While a good part of the mobile tech world have their eyes on Berlin for IFA 2014 this week, an equally large part might be more interested in what happens next week. Apple is slated to finally put rumors to rest on September 9 when it unveils the iPhone ...
EUR/USD down to 1.3120 on Economy [Published OANDA Forex Blog - 27 mins ago]
The euro reached the lowest level in almost a year against the dollar as signs the region’s economy is underperforming that of the U.S. damped demand for the shared currency. Large speculators including hedge funds last week increased bets on drops ...
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Audio/Video

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Credit Suisse/Baer tie-up talk [Published Reuters Video: Business - 17 hours ago]
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Pro-Russian rebels inspire toy soldier maker [Published Reuters Video: Top News - Aug 30 2014]
Several Atlantic City casinos get ready to close [Published Reuters Video: Top News - Aug 30 2014]
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Press Releases

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Diamyd-licensed technology cures diabetes in pr... [Published GlobeNewswire: Advertising News - 2 mins ago]
D. Carnegie & Co presents half-year result for ... [Published GlobeNewswire: Advertising News - 2 mins ago]
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