Wall Street Journal: World: Home Europe
- Kering to Give Priority to Gucci as Sales Dive
Tuesday - 04/21/2015 - 12:40 PMFrench luxury and lifestyle company Kering said its priority is to give “fresh impetus” to its flagship brand Gucci, as business at the label took a deep dive in the first quarter.
More | Talk | Read It Later | Share - Captain Error Caused Migrant Ship to Capsize, Investigators Say
Tuesday - 04/21/2015 - 10:17 AMA collision with a rescue vessel is believed to be the cause of a migrant ship’s capsize, investigators said.
More | Talk | Read It Later | Share - Retail Traders Wield Social Media
Tuesday - 04/21/2015 - 09:17 AMDispensing stock tips on Twitter, some individual investors are building trading careers using social media as their primary tool for research and communication.
More | Talk | Read It Later | Share - J.P. Morgan Reassigns Banking Roles Across Asia
Tuesday - 04/21/2015 - 06:07 AMJ.P. Morgan reassigned roles among its senior bankers across Asia, giving broader roles to a handful of veteran bankers from within its own ranks.
More | Talk | Read It Later | Share - Chip Designer ARM's Profit Rises 36%
Tuesday - 04/21/2015 - 04:14 AMChip designer ARM reported a 36% rise in first-quarter net profit on strong demand for its technology in smartphones and tablets.
More | Talk | Read It Later | Share - Behind Ginni Rometty's Plan to Reboot IBM
Tuesday - 04/21/2015 - 03:21 AMSpending time with IBM CEO Ginni Rometty shows how she is trying to reinvent the nearly 104-year-old tech icon while it continues a yearslong slump. Her task is unlike that of past CEOs, who remade IBM by shifting toward new markets it could dominate.
More | Talk | Read It Later | Share - SAP Profit Plunges 23%
Tuesday - 04/21/2015 - 01:48 AMGerman business software provider SAP posted a net profit decline of 23% for the first quarter of 2015 as it makes the transition to cloud technology.
More | Talk | Read It Later | Share - KPMG Taps Veteran as First Female CEO
Tuesday - 04/21/2015 - 12:24 AMKPMG is poised to promote Lynne Doughtie to the role of chairman and chief executive, the latest move reflecting women’s advancement to leadership roles in the accounting industry.
More | Talk | Read It Later | Share - Bird Flu Hits Iowa Chickens in Escalation of Virus Outbreak
Monday - 04/20/2015 - 10:41 PMAn Iowa chicken flock has been hit with avian influenza, marking the biggest poultry operation to be affected by a virus outbreak that began last year.
More | Talk | Read It Later | Share - Rich Smuggling Trade Fuels Deadly Migration Across Mediterranean
Tuesday - 04/21/2015 - 12:17 AMEuropean authorities are finding it difficult to combat a brazen, multimillion-dollar people-smuggling enterprise run by Libyan militias and tribesmen.
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- Limited Fallout From Greek Bond Slump
Tuesday - 04/21/2015 - 10:42 AMGreek government bonds are in free fall. But looking at markets elsewhere in the eurozone, the stress barely shows.
More | Talk | Read It Later | Share - Primark Grapples With Impact of Weaker Euro
Tuesday - 04/21/2015 - 08:49 AMMonths away from its entry into the U.S., fast-fashion retailer Primark is also grappling with the impact of a weakening euro.
More | Talk | Read It Later | Share - Executives Awarded More Cash Pay
Tuesday - 04/21/2015 - 05:59 AMCEOs’ cash pay rose at its fastest rate in at least four years in 2014, swelling to 37.3% of total compensation. Equity grants, meanwhile, are becoming less attractive as the stock market scrapes against record highs.
More | Talk | Read It Later | Share - Sky Earnings Climb on Subscriber Growth
Tuesday - 04/21/2015 - 05:31 AMSky earnings powered up as television subscriber growth and demand for new products in the U.K. and Germany drove revenue for the recently-expanded satellite broadcaster and pay-TV giant.
More | Talk | Read It Later | Share - Greek Bond Yields Hit Multiyear Highs
Tuesday - 04/21/2015 - 04:21 AMGreek government bond yields rose to fresh multiyear highs, driven by swelling concerns over the future of the country’s beleaguered economy.
More | Talk | Read It Later | Share - Airlines Hired Gumshoes to Document Subsidies at Rivals
Tuesday - 04/21/2015 - 12:22 AMThe carriers hired investigators to help craft a claim of unfair subsidies.
More | Talk | Read It Later | Share - Credit Suisse Profit Rises
Tuesday - 04/21/2015 - 12:53 AMCredit Suisse’s results reflect a quarter in which the bank has had to grapple with an abruptly strengthened Swiss franc since a cap against the euro was dropped.
More | Talk | Read It Later | Share - Bogus Stamps, Phony Bonds Backed Failed Oklahoma Insurance Firm
Monday - 04/20/2015 - 11:38 PMInsurance regulators are liquidating an Oklahoma insurer after capital injected by new owners, a New York financial firm, turned out to include bonds linked to an admitted counterfeiter.
More | Talk | Read It Later | Share - Power Companies' Profit Recipe: Just Spend More
Monday - 04/20/2015 - 09:49 PMU.S. power companies poured billions into new equipment in the past decade, a spending surge that customers have paid for. One reason behind the heavy spending: It actually boosts utilities’ bottom lines.
More | Talk | Read It Later | Share - Hong Kong Shares Rebound
Tuesday - 04/21/2015 - 12:13 AMStocks in Hong Kong rebounded Tuesday from their largest tumble of the year.
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- Booking.com Settles Complaints
Tuesday - 04/21/2015 - 10:12 AMBooking.com will loosen pricing and availability contracts with hotels in several European countries, settling allegations that it has been stifling competition.
More | Talk | Read It Later | Share - Teva Offers to Buy Mylan for $40 Billion
Tuesday - 04/21/2015 - 09:19 AMTeva Pharmaceutical has proposed to acquire drug maker Mylan NV for about $40 billion in cash and stock, a sign of the jockeying for dominance among generic drug makers.
More | Talk | Read It Later | Share - Riksbank Head Positive on Swedish Inflation
Tuesday - 04/21/2015 - 08:53 AMSweden’s inflation rate should move toward the central bank’s 2% target next year after a lengthy period of ultraweak prices, Riksbank Governor Stefan Ingves said in an interview, although officials are prepared to take additional easing steps if needed.
More | Talk | Read It Later | Share - Eurozone Government Debts Continue to Rise
Tuesday - 04/21/2015 - 05:00 AMThe combined budget deficit of the eurozone’s member governments narrowed again in 2014, but their combined debts continued to rise as low rates of inflation and weak economic growth damped tax revenues.
More | Talk | Read It Later | Share - Peugeot to Ramp Up Production
Tuesday - 04/21/2015 - 04:10 AMFrench car maker PSA Peugeot Citroën said it would ramp up production this year to capitalize on growth in European markets.
More | Talk | Read It Later | Share - Canon Chief Poised for Next Big M&A
Tuesday - 04/21/2015 - 01:45 AMCanon aims to spend another $3 billion to buy a company in a growth sector—possibly a firm in the area of disposable medical goods.
More | Talk | Read It Later | Share - Publicis Posts 32% Jump in First-Quarter Sales
Tuesday - 04/21/2015 - 01:30 AMPublicis Groupe reported a 32% jump in first-quarter sales, boosted by the strong dollar and its latest digital acquisition as the advertising company works toward a recovery after a tough past year.
More | Talk | Read It Later | Share - Wall Street Journal Wins Investigative Pulitzer Prize
Monday - 04/20/2015 - 08:57 PMThe Wall Street Journal won a Pulitzer Prize for investigative reporting for its coverage of abuses in the Medicare system. The New York Times also won three awards.
More | Talk | Read It Later | Share - Goldman, Morgan Stanley Find Different Paths to Profit
Tuesday - 04/21/2015 - 12:18 AMThe rival lenders’ strong first-quarter results show that when the markets and customers cooperate, there is more than one way to rack up big profits on Wall Street.
More | Talk | Read It Later | Share - Chip-Card Rollout Sets Off a Scramble
Monday - 04/20/2015 - 06:49 PMTo cut credit-card fraud, issuers are embedding chips, with 575 million of the new cards expected to be in Americans’ wallets by year-end. Factories are producing the cards around the clock and merchants say they can’t get card readers fast enough.
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