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Amazon calls 2016 holiday season its best ever; shares rise

December 28, 2016 by · Leave a Comment 

(Reuters) – Amazon.com Inc said it shipped more than 1 billion items worldwide this holiday season, which the top online retailer called its best ever, and its shares rose 1.6 percent in afternoon trade. The Amazon Echo home assistant and its smaller version, Echo Dot, topped the best-sellers list, said Jeff Wilke, chief executive of Amazon's worldwide consumer division, in a press release. Sales of voice-controlled

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Amazon calls 2016 holiday season its best ever; shares rise

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U.S. consumers ebullient; home prices gain

December 28, 2016 by · Leave a Comment 

House prices continued their steady recovery in October, although a spike in borrowing costs after Trump's Nov. 8 victory could present a headwind to sustained home value gains. The Conference Board said on Tuesday its Consumer Confidence Index rose to 113.7 this month from an upwardly revised 109.4 in November. The gain in confidence was entirely due to

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U.S. consumers ebullient; home prices gain

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Asia stocks up on solid U.S. data, gold hit by stimulus taper fears

October 6, 2016 by · Leave a Comment 

Asian shares firmed on Thursday thanks to stronger U.S. economic data, while growing prospects of a near-term U.S. rate hike and possible tapering of stimulus in Europe hit gold and lifted the dollar to one-month

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Asia stocks up on solid U.S. data, gold hit by stimulus taper fears

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Asian shares slip as bank fears add to global gloom

February 12, 2016 by · Leave a Comment 

Asian shares fell for a sixth straight session on Friday as concerns about the health of European banks further threatened a global economy already under strain from falling oil prices and slowdowns in China and other emerging markets. “The markets are clearly starting to price in a sharp slowdown in

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Asian shares slip as bank fears add to global gloom

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Monsanto could take lead role in agchem acquisitions: executives

November 18, 2015 by · Leave a Comment 

Monsanto Co. executives are discussing whether they should acquire rivals, including top pesticide maker Syngenta AG, company executives said on Tuesday, as talk of consolidation continues in the global agrochemical industry. “We've had conversations inside” about Syngenta and other agricultural companies, Monsanto President Brett Begemann said at an investor meeting at its headquarters in St. Louis. Company executives were studying every possibility for consolidation in both the seed and agrochemical sectors

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Monsanto could take lead role in agchem acquisitions: executives

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Ford’s Lincoln brand debuts new face for its best-selling model

November 18, 2015 by · Leave a Comment 

(Reuters) – Ford Motor Co's Lincoln brand is changing the look of its vehicles, starting with a new face for its best-selling model, the MKZ sedan. Ford plans to unveil the restyled 2017 Lincoln MKZ at the Los Angeles Auto Show on Wednesday, showing the first production version of a new

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Ford’s Lincoln brand debuts new face for its best-selling model

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Asian shares slip, copper tumbles as worry takes toll

November 18, 2015 by · Leave a Comment 

By Hideyuki Sano and Lisa Twaronite TOKYO (Reuters) – An index of Asian shares fell on Wednesday as copper prices tumbled and another bomb scare in Europe and gunfire in the French capital hurt risk appetite, while bets that the Federal Reserve remains on track for a rate hike underpinned the dollar. “The rally in US equity markets that followed on from European markets strong lead this week was stopped dead in its tracks last night, on reports of a multiple bomb threat in Hannover, with…

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Asian shares slip, copper tumbles as worry takes toll