Economy & Finance

Europe, U.S. economies struggle as China stabilizes

Published 24/07/2012

NEW YORK/LONDON (Reuters) - The struggles of the U.S. and euro zone economies continued in July, business surveys showed on Tuesday, though improved Chinese factory [more…]

Cisco wins EU approval for $5 billion NDS acquisition

Published 24/07/2012

BRUSSELS (Reuters) - U.S. network equipment maker Cisco (CSCO.O ) won unconditional EU regulatory approval on Tuesday for its $5 billion takeover of TV software [more…]

ECB’s Draghi says euro not in danger

Published 21/07/2012

PARIS (Reuters) - The euro zone is not in danger of breaking up despite some analysts' worse case scenarios, European Central Bank President Mario Draghi [more…]

ECB’s Coeure says negative bank deposit rate an option

Published 21/07/2012

MEXICO CITY (Reuters) - Cutting the deposit rate the European Central Bank offers lenders in the euro zone below zero is an option, ECB Executive [more…]

IMF economist accuses Fund of suppressing information

Published 21/07/2012

WASHINGTON (Reuters) - A veteran economist at the International Monetary Fund has accused the global lender of suppressing information on difficulties in dealing with the [more…]

NBC sees profit in future Olympics

Published 28/06/2012

(Reuters) - NBC may not turn a profit this year from the London Olympics but expects to make money on the four future Olympic games [more…]

HMV warns of wider losses, sees profit next year

Published 04/05/2012

LONDON (Reuters) - Struggling British entertainment retailer HMV forecast a worse than expected loss for the 2011/12 year, blaming a weak new release schedule in [more…]

Viacom profit beats, but Nickelodeon worries loom

Published 03/05/2012

(Reuters) - Viacom Inc posted a higher-than-expected profit on Thursday, boosted by an increase in revenue from cable network fees and digital licensing of its [more…]

Netflix spooks Street with sputtering user growth

Published 24/04/2012

LOS ANGELES (Reuters) - Video rental company Netflix Inc projected slower subscriber growth this quarter for its key U.S. video-streaming service, disappointing investors and sending [more…]

Astral Media profit up on growth in TV business

Published 11/04/2012

(Reuters) - Astral Media Inc's second-quarter profit rose 10 percent, helped by steady but uninspiring growth in television revenue. Astral, in the process of being [more…]