Wall Street gains as Apple scales new peak on iPhone 5
(Reuters) – Stocks rose on Friday as Apple unveiled its latest iPhone worldwide, driving its shares up to a new peak, and Spain appeared to...
Business
Europe, equities bear brunt of Nomura’s $1 billion cost cuts
Reuters) – Nomura Holdings Inc (8604.T), Japan’s biggest brokerage, said it will make cuts in its equities and investment banking businesses as it looks to...
Eurozone manufacturing PMI falls again in August
Manufacturing output across the 17-country eurozone shrank again in August, according to a widely-watched survey. The Purchasing Managers Index (PMI) showed the region’s manufacturing sector...
Barclays retail boss Jenkins gets CEO task
(Reuters) – Britain’s Barclays has picked softly spoken retail boss Antony Jenkins as its new chief executive to fill the shoes left by Bob Diamond,...
Hon Hai, Sharp may spend over $1 billion on Japan display plant
(Reuters) – Hon Hai Precision Industry and Sharp Corp may spend over $1 billion to boost capacity at the world’s most advanced LCD panel factory...
Apple seeks quick bans on eight Samsung phones
(Reuters) – Apple Inc is seeking speedy bans on the sale of eight Samsung Electronics phones, moving swiftly to translate its resounding court victory over...
Exclusive: Sands’ ties to Macau gambling figure draw scrutiny
(Reuters) – Las Vegas Sands (LVS.N) allowed a man identified by the U.S. Senate as an organized crime figure to move a $100,000 gambling credit...