-
Southeast Asian central banks are rebuilding their foreign-currency reserves, raising the prospect they will boost holdings of U.S. Treasuries for the first time since February.
-
A record fine against Infosys Ltd. targets outsourcing companies and their alleged abuse of existing immigration laws to feed the insatiable desire for highly skilled engineers in the U.S.
-
Billionaire Alexander Nesis made a fortune from gold, silver and banking. His next target: producing rare-earth metals from material discarded as Russia developed an atomic bomb in the 1940s.
-
China’s steel output will exceed 800 million metric tons next year as fixed-asset investment and economic growth remains steady, according to Li Xinchuang, vice secretary-general at the China Iron and Steel Association.
-
Erste Group Bank AG, the Austrian lender that’s eastern Europe’s third-biggest bank, reported third-quarter profit that fell 10 percent as revenue losses outpaced a drop in bad debt provisions and cost cuts.
-
Moody’s Investors Service discussed stripping New Zealand of its sole remaining top credit rating amid concern the nation’s current-account deficit is exacerbating its vulnerability to external shocks.
-
The U.S. Chamber of Commerce fired an opening salvo yesterday in the battle for control of the Republican Party, endorsing a self-described “pro-business” candidate in a special U.S. House race whose opponent is backed by Tea Party groups and is vowing to “be like Ted Cruz.”
-
An Australian government employee who was injured while having sex on a work-related trip doesn’t qualify for workers’ compensation, the nation’s highest court said in a ruling praised by the employment minister.
-
Kenya Electricity Generating Co., the East African nation’s biggest power producer, said it will raise $5.5 billion in debt and equity to more than double generating capacity over the next 40 months.
-
Countries across the Middle East face a threat of polio, the World Health Organization said after confirming Syria’s first outbreak of the crippling infectious virus since 1999.
-
Apple calls the latest version of its full-sized tablet the iPad Air, which is a better name than “iPad Semi Mini.”
-
Oct. 30 (Bloomberg) –- Bloomberg’s Stephen Engle reports on how Mini is trying to make a name for itself in China, taking a page out of Apple’s playbook. He speaks on Bloomberg Television’s “On The Move Asia.” (Source: Bloomberg)
-
LeBron James scored 17 points to lead the two-time National Basketball Association champion Miami Heat to a 107-95 victory against the Chicago Bulls, while the Indiana Pacers topped the Orlando Magic 97-87.
-
OGX Petroleo & Gas Participacoes SA, the oil company controlled by former billionaire Eike Batista, could file for bankruptcy protection as soon as today, said a person with direct knowledge of the plans.
Rate this Page