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Articles   Tagged   'Business'






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Entertainment One, the company that owns Peppa Pig, has announced it is working on a new series of the popular pre-school cartoon.

Asian shares fell on Friday as investors balanced positions on the last day of the quarter.

China's economy grew 6.9 percent in the first quarter from a year earlier, slightly faster than expected, supported by a government infrastructure spending spree and a frenzied housing market that is showing signs of overheating.

The dollar wallowed near six-month lows against a basket of major currencies on Thursday, struggling to recover from its worst losses in almost a year against the yen and the euro as worries over the Trump presidency weigh.

The euro briefly vaulted to five-month peaks on Monday after the market's favored candidate won through the first round of the French election, reducing the risk of a Brexit-like shock and sparking a mass unwinding of safe-haven trades.

Japanese car giant Toyota has seen profits fall for the first time in half a decade.

Oil prices extended gains on Tuesday after top producers Saudi Arabia, Russia and Kuwait supported prolonging supply cuts until the end of March 2018 in a bid to drain a global glut.

Asian stocks rose on Thursday, getting a lift from a record high close on MSCI's global stocks benchmark as strong gains in oil prices buoyed energy shares.

Asian stocks slipped on Friday as investors took profits after a strong week, while the Korean won weakened after U.S. President Donald Trump said he would renegotiate or terminate a trade deal with South Korea.

Bonds, the yen and gold jumped in Asia on Friday, while stocks slipped, as investors turned to safe-haven assets after the United States launched cruise missiles against an air base in Syria.

World stocks hit record highs on Tuesday, with investors' relief at centrist Emmanuel Macron's victory in the first round of the French presidential election supported by speculation about U.S. tax reform.

China's non-financial outbound direct investment in 45 countries related to the Belt and Road initiative over the first four months of 2017 was $3.98 billion, the Ministry of Commerce said on Wednesday.

Li made the comment at his annual news conference at the end of the annual meeting of China's parliament.

Asian stocks climbed to a fresh-two year high on Tuesday on the back of an overnight rise in Wall Street, while oil extended gains after major producers Saudi Arabia and Russia pledged to push for an extension of supply cuts into 2018.

Asian shares rose to near two-year highs on Tuesday as growing optimism over tech industry earnings and easing concerns over North Korea offset softer-than-expected factory readings in China and the United States.

Though recent data, particularly out of China, has fueled a rally in Asian equities since the start of the year, investors are expecting more headwinds for emerging markets due to an increasingly hawkish Fed.

From 15 June, O2's Pay Monthly and Business customers will be able to use their UK plans abroad - in 47 European countries - at no extra cost.

Asian stocks were slightly higher on Friday after a sluggish start, while the dollar held most of the gains it made overnight on strong U.S. economic data as some risk appetite returned despite caution over political turbulence in the United States.

Ford is planning to cut around 10% of its global workforce in an attempt to boost profits, according to reports.

LafargeHolcim (LHN.S) is close to announcing that its chief executive Eric Olsen is to step down following an internal investigation into activities at a former Lafarge cement plant in Syria, a source familiar with the matter said on Sunday.

Asian stocks erased early losses and edged higher on Thursday as steadying commodity prices, especially crude oil, prompted some bargain hunting by investors.

A plunge in sales of diesel cars in Europe's two biggest markets is helping to drive down the value of used vehicles, posing a risk to the lucrative financing plans used by major automakers to sell millions of cars.

Google (GOOGL.O) vowed on Tuesday to police its websites better by ramping up staff numbers and overhauling its policies after several companies deserted the internet giant for failing to keep their adverts off hate-filled videos.

The dollar wobbled in Asian trading on Monday as some lacklustre U.S. data and comments from Federal Reserve officials gave investors few catalysts to build on their U.S. currency exposure.

The UK's richest 1,000 people "kept calm and carried on making billions" amid the Brexit vote of 2016, according to the Sunday Times Rich List.

Crude oil eased from a five-week high on Tuesday as rising U.S. shale oil production offset concerns over geopolitical tensions in the Middle East and output cuts being made to support prices.

Asian shares eased from a near two-year high on Thursday as a long-awaited U.S. tax cut plan failed to inspire investors, though sentiment remained supported by global growth prospects and receding worries about political risks in Europe.

U.S. President Donald Trump is flirting with unparalleled violations of the Constitution by not divesting himself from a hotel management company that benefits financially from public pension fund investments, according to two Democratic U.S. senator

Oil futures surged more than 2 percent to a one-month high on Friday after the United States launched dozens of cruise missiles at an airbase in Syria, with prices later dropping back as there seemed no immediate threat to supplies.

Court of Appeal judges in London have stuck two fingers up to Nestle's attempts to trademark the shape of its famous four-fingered KitKat bar.

Resilient Asian stocks edged up to a two-year high on Monday, shaking off threats from by a ransomware attack that locked some 200,000 computers in more than 150 countries at the weekend, a missile test by North Korea, and weak U.S. data.

President Donald Trump is to propose slashing the rate of corporation tax when he announces his tax plan later.

Investing in property is a mainstay of most Asian portfolios and the UK has typically been among the most desirable of destinations.

If you're a lover of guacamole, chocolate avocado shakes or smashed avocado on toast, get ready to pay more for your fix of the green fruit.

The US and China have reached a 10-point trade deal that opens the Chinese market to US credit rating agencies and credit card companies.

Six people were killed while the crane collapsed at a South Korean shipyard run by Samsung and more than 20 others were injured, according to the Yonhap News agency.

Facebook's profits have jumped in the first three months of the year, as the social network closes in on two billion users, according to its latest results.

Plans by the Conservative Party for a cap on household energy bills will lead to fewer benefits for consumers, says one of the UK's biggest providers.

Asian stocks shook off a sluggish start and edged up on Monday, with Japan outperforming on upbeat earnings, while the dollar regained traction as the U.S. government looked likely to avoid a shutdown.

Asian stocks were mixed on Tuesday and the dollar gave up the gains it had made when the U.S. Treasury Secretary spoke in support of a stronger currency as escalating tensions around North Korea dragged sentiment lower.

China is targeting 35 million vehicle sales by 2025 and wants new energy vehicles (NEVs) to make up at least one-fifth of that total, the industry ministry said on Tuesday.

Volkswagen Group profits have soared in the first quarter as cost-cutting measures kick in, the German car giant has said.

Investors ducked for cover on Wednesday as a drumbeat of alarming geopolitical news sent the safe-haven yen and gold to five-month highs and yields on top-rated sovereign bonds to their lowest for the year so far.

The economy needs to create roughly 100,000 jobs per month to keep up with growth in the working-age population.

Output in China's factories and mines continued to expand in April but at a slower pace than in the previous month.

Philippine central bank deputy governor Diwa Guinigundo said on Monday now is not the best time to ease monetary policy by reducing reserve requirements because inflation is accelerating.

The study estimated that 30% of existing jobs in the UK were potentially at a high risk of automation, compared with 38% in the US, 35% in Germany and 21% in Japan.

European shares pulled back on Wednesday from 21-month highs hit after strong earnings while the dollar fell on concerns that U.S. President Donald Trump's dismissal of his FBI chief could make passage of his tax reform plans more difficult.

The company said it delivered just over 25,000 cars in 2017.

India-based IT services firm Infosys Ltd (INFY.NS) said it plans to hire 10,000 U.S. workers in the next two years and open four technology centers in the United States, starting with a center this August in Indiana, the home state of U.S. Vice Presi

Asian stocks were set to end the week on a positive note, unscathed by a U.S. trade probe on Chinese steel exports, while the euro remained on edge ahead of Sunday's first round in a tight French presidential election.

The organisers of the disastrous Fyre Festival have been hit with a $100m (£78m) lawsuit by one of the attendees.

Asian shares started the week modestly higher on Monday after a bumper quarter as investors look to the shape of U.S. trade and economic policies and how they could affect global growth.

Tesla has issued a voluntary global recall for some of its Model S and Model X cars to fix a problem with the parking brake.

Budget airline AirAsia has signed a joint venture agreement to set up a new low-cost carrier in China.

Samsung Electronics Co Ltd (005930.KS) forecast on Friday its best quarterly profit in more than three years in the January-March period, beating expectations and putting it on track for record annual earnings on the back of a memory chip super-cycle

Asian shares inched lower on Tuesday as caution reigned ahead of a potentially tense meeting between U.S. President Donald Trump and his Chinese counterpart Xi Jinping later this week.

After plowing about $2 billion into minority stakes in Indian e-commerce businesses over the past few years, Japan's SoftBank is upping the stakes, looking to play consolidator and take a more active role at a trio of leading start-ups.

Airbnb has reached new deals with dozens of jurisdictions in the United States and France to collect and pay taxes, doubling down on its effort to improve its image with local policymakers even as it face regulatory challenges around the world.

The squeeze on both family and public finances have been prolonged until well into the 2020s, according to a think tank's analysis of the Budget.

Procter & Gamble Co (PG.N), maker of Tide detergent and Gillette razors, reported an 8.3 percent fall in third-quarter profit hurt by a strong dollar and slowing economic growth that dampened consumer spending in several countries.

Asian shares were hobbled on Friday by a downbeat performance on Wall Street though they remained on track for weekly gains, while oil prices extended a rally on hopes for output cuts.

Japan's economy grew faster than expected in the first three months of the year, according to official data.

Can society afford modern medicines? It's a question facing governments worldwide and nowhere more so than in Britain, where a new budget test due to take effect on April 1 threatens to throw up another hurdle to patients getting the drugs.