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Euro up on dollar ahead of crucial ECB meeting

The euro rebounded from three-month lows against the dollar but remained relatively weak ahead of next week's key meeting of the European Central Bank.

 

Saudi tests Cadbury chocolate for pork traces

Saudi Arabia has withdrawn Cadbury chocolate bars from the market for tests to ensure the products do not contain traces of pig DNA, after the banned substance was detected in Malaysia.

   

Apple buys music star Beats for $3 bn

Apple announced plans Wednesday to buy Beats Music and Beats Electronics in a deal worth $3 billion that gives the US tech giant more clout in the hotly contested music sector.

   

Asia shares mostly up after Wall St record

Asian markets mostly rose Monday following a record close on Wall Street that was fuelled by upbeat US data, while Tokyo was boosted by a weaker yen.

   

Uber taxi app seeks capital at $12 bn value: report

Uber, the startup app that connects people with taxis and drivers, is seeking to raise fresh capital that would give it a $12 billion value, the Wall Street Journal reported Friday.

   

Unilever sells US Ragu sauces for US$2.15b

Dutch giant Unilever announced on Thursday the sale of its North American Ragu and Bertolli pasta sauce businesses to a Japanese group for $2.15 billion (1.57 billion euros) as it focuses on [ … ]

   

European central banks renew gold agreement: ECB

A group of 21 European central banks said on Monday they have no plans to sell "significant" amounts of gold over the next five years.

   

World luxury market to grow 2% in 2014

The world luxury market has reached a "maturity and stabilisation" phase with growth of around two per cent expected this year -- around the same level as in 2013.

   

Euro rises against US dollar

The euro rose against the dollar on Wednesday after lacklustre data in the eurozone added to speculation the European Central Bank will loosen monetary policy next month.

   

Global economy still faces considerable risks: leading economic organizations

World economy still faces various risks despite its recent improvements, and further efforts on growth and consolidation are needed, said heads of world's leading economic organizations on T [ … ]

   

Dow, S&P 500 set records on investor enthusiasm

U.S. stocks soared on Monday, with the Dow Jones Industrial Average scoring an all-time intraday high and the S&P 500 notching a record close, as investors' appetite for risk increased a [ … ]

   

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