Business

Falling Inflation A Worry For Europe But Also The World

European Central Bank President Mario Draghi has moved closer to launching sovereign debt purchases and data this week will show just how dangerously low inflation has fallen in the $13 trillion euro zone economy. A sickly Europe has held back...

Intel Could Rise 30 Percent Over Next Two Years: Barron’s

Shares in microprocessor maker Intel Corp (INTC.O) could rise more than 30 percent to $48 over the next two years, Barron's reported in its Nov. 24 edition. With shares recently at over $35, the stock is halfway to the five-year...

Nigeria To Cut Petrol Subsidy By Half In 2015 As Oil Price Falls

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Nigeria plans to cut subsidies on petroleum products by half next year after sharp falls in global crude prices, spurred the government to revise its 2015 budget downwards, data from the revised budget seen by Reuters showed on Friday. President...

Visa Sees Visa Europe Option Now Costing More Than $10 Billion

Visa Inc (V.N), the world's largest credit and debit card company, said it might have to pay more than $10 billion to buy its London-based European licensee, Visa Europe Ltd, if its owners exercise their option to sell it. Visa...

European Parliament May Propose Google Break-up In Draft Resolution

The European Parliament is preparing a non-binding resolution that proposes splitting Google Inc's (GOOGL.O) search engine operations in Europe from the rest of its business as one possible option to rein in the Internet company’s dominance in the search...

Lockheed, Pentagon Ink $4.7 Billion Deal For Eighth Batch Of F-35 Fighters

The Pentagon said on Friday it had awarded Lockheed Martin Corp (LMT.N) a contract valued at $4.7 billion for an eighth batch of F-35 fighter jets that lowered the average price per jet by 3.5 percent from the last...

SEC Director With Big Stock Holdings Stirs Debate

Keith Higgins, who runs the office that reviews public companies' books at the U.S. Securities and Exchange Commission, reported stock holdings worth between about $2 million and $6 million last year and the sale of stocks throughout 2014, according...

Futures Rise On China’s Rate Cut, ECB Hopes

U.S. stock index futures rose on Friday, setting major indexes up for a fifth week of gains, after China's central bank cut its benchmark interest rate for the first time in more than two years to boost its cooling...

VW Unveils Multi-Billion Auto Investments Through Next Five Years

Volkswagen AG (VOWG_p.DE) is to invest 85.6 billion euros ($106 billion) in its automotive operations over the next five years on foreign expansion, models and technology to back its quest for global leadership, even as it carries out an...

China Railway Construction Wins $12 Billion Nigeria Deal: Xinhua

China Railway Construction Corp (601186.SS) (1186.HK) has signed a deal worth nearly $12 billion with Nigeria to build a railway along the West African nation's coast, Chinese state news agency Xinhua said on Thursday. The announcement comes shortly after Mexico...