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Business - Page 369

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Oil hits 6-mth peak on Syria; Asian stocks, India rupee slump

Indian rupee, Turkish lira hit record lows  Jitters over a possible U.S.-led military strike against the Syrian government knocked Asian equities to a seven-week low on Wednesday and pushed oil prices and

28th August 2013
Business

Who wants to be a millionaire? Likely next Fed chair already is

Lawrence Summers may be a poster-child for the lucrative revolving door between Wall Street and Washington. But Federal Reserve Vice Chair Janet Yellen, his chief opponent in the tight race to replace

28th August 2013
Business

Nissan plans to begin selling self-driving cars by 2020

Nissan Motor Co Ltd said it will be ready to bring fully self-driving vehicles to market by 2020. The Japanese automaker said it plans to offer "multiple, commercially viable" vehicles that are

28th August 2013
Business

Facebook says countries sought data on 38,000 users first half of 2013

Governments sought information on over 38,000 Facebook users in the first half of 2013 and the No.1 social network complied with most requests, the firm said in its first report on the

28th August 2013
Business

West could hit Syria in days, envoys tell rebels

Western forces could attack Syria within days, the United States and its allies have told rebels fighting President Bashar al-Assad, opening up new risks in a war that is spreading hatreds across

27th August 2013
Business

From Nokia chief to Bill Gates, guessing game begins on new Microsoft CEO

As Steve Ballmer bows out of Microsoft Corp, the guessing game over who will replace him has started with a British bookmaker putting Nokia's Stephen Elop as the favourite. Ballmer, 57, unexpectedly

27th August 2013
Business

Obama has not decided on military action in Syria

U.S. President Barack Obama has not made a decision to order military strikes against the Syrian government in response to last week's alleged chemical weapons attack near Damascus, a senior administration official

27th August 2013
Business

Why small producer Syria matters to oil markets

Oil prices rose to a six-month high on Tuesday as Western powers readied a military strike against Syria, and traders and analysts cited concerns over stability in the Middle East. Below are

27th August 2013
Business

Turkish central bank says won’t defend lira with interest rates

Turkish Central Bank Governor Erdem Basci said on Tuesday he did not intend to hike interest rates to defend a sliding lira, which hit record lows on concern about the outlook for

27th August 2013
Business

Sterling dips as investors bet on dovish Carney speech

Sterling fell to its lowest in weeks against the dollar and the euro on Tuesday on expectations that Bank of England chief Mark Carney will reaffirm his dovish policy credentials in a

27th August 2013
Business
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