NEW YORK (Reuters) - Palm Inc <PALM.O> warned that revenue for the current quarter would be far below Wall Street's expectations, after tepid demand for its smartphones left wireless carriers with piles of excess inventory. The company's shares fell 14 percent in ...
China on Friday urged the United States not to politicise a row over the value of its currency as it announced a top official would travel to Washington for talks on the issue and other trade disputes. As trade tensions between the ...
European Commissioner for Internal Market Michel Barnier, center, speaks with President of the European Central Bank Jean Claude Trichet, right, and Managing Director of the IMF Dominique Strauss-Kahn, left, during a meeting on 'Building a Crisis Framework for the Internal Market' at ...
China sends trade envoy to Washington, calls on US to cool 'emotionalization' on currency China is sending a Cabinet official to Washington in a bid to defuse trade tensions, the government said Friday, as it called on U.S. leaders to cool the ...
BEIJING (Reuters) - China on Friday said it was sending an envoy to Washington to try to ease trade frictions as its currency regime comes under fire, warning that threats from U.S. legislators could stifle room for progress. The announcement, along with ...
Leading shares rose in opening deals on Friday, following strong overnight performances in Asia and mixed results on Wall Street. The FTSE 100 index of top shares was up 0.32 percent at 5,660.44 points at the open. Copyright 2010 AFP European Edition
Tens of billions budgeted for bonuses while national unemployment rises As reeling banks and other financial institutions reached out with one arm to accept hundreds of billions of dollars in bailout money from American taxpayers last year, they reached out with the ...
Chip maker TriQuint Semiconductor hikes forecast for 1st-quarter earnings TriQuint Semiconductor Inc., which provides chips for mobile gadgets such as Apple's iPhone, hiked its profit forecast for the quarter on Thursday, a sign that demand is improving. The news pushed TriQuint shares ...
Stock markets overbought; likely to trade sideways for the year Earlier this week I noticed a pattern in the market throughout an entire trading session that has inspired me to write a short piece on sector rotation. On Tuesday March 16th, my ...
Recent strength in the Canadian dollar may portend a rally in crude prices. Historically, the CAD/USD exchange rate has tracked crude prices reasonably well. Using weekly data going back to 1983, the two series have a 67% correlation. In recent weeks, however, ...
