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European stock markets diverge at open

European stocks diverged at the start of trading on Thursday, amid geopolitical jitters over Ukraine, as investors digested company results on the eve of...

Sony warns smartphone weakness will brake profit progress

Japan's Sony Corp warned it doesn't now expect to make money on smartphones this year, citing weak demand, as the consumer electronics maker said...

Shell's profits triple to $5.307 billion

Anglo‑Dutch oil giant Royal Dutch Shell said Thursday that net profits more than tripled in the second quarter, boosted by asset sales and higher oil...

Hitachi more than doubles April-June net profit

Japan's Hitachi said Thursday its net profit for three months to June soared to $280 million on robust sales in various fields ranging from IT...

German jobless rate edges up to 6.6 percent in July

Germany's jobless rate has edged up to 6.6 percent in July on an expected seasonal rise as students register as unemployed, but the underlying trend...

Panasonic confirms will invest in $5 billion Tesla battery plant

Panasonic Corp confirmed on Thursday it would invest in U. S. electric carmaker Tesla Motors Inc's...

Singapore risks business cred with foreign labour restrictions

Singapore risks tarnishing its business‑friendly reputation by implementing new labour laws that...

Credit Suisse says probed by regulators about dark pools

Swiss bank Credit Suisse on Thursday became the latest major European bank to say it was caught up in an investigation into alternative trading venues...

Asian buyers take 25 percent more Iran oil in first half

Iran's biggest clients took in a quarter more oil in the first six months of 2014 than in the same period of last year, with China and India holding...