Target Corp (TGT.N) on Wednesday reported its first increase in U.S. same-store sales in four quarters and a quarterly profit above expectations, but said it would review the future of its loss-making Canadian business after the holiday season.
Country
BMW China CEO sees margins narrowing, expects to beat market
BMW's (BMWG.DE) China head expects profit margins to narrow as the German premium automaker steps up localization to maintain double-digit growth amid slowing demand and tougher competition in the world's biggest auto market.
Minivan crash tests: Toyota good; Chrysler, Dodge, Nissan poor
In a front overlap crash safety tests of four minivans sold in the United States, only the latest model of the Toyota Motor Corp Sienna scored well, the Insurance Institute for Highway Safety said on Thursday.
Yahoo CEO says Firefox deal will boost search market share
Yahoo Inc struck a deal with Firefox maker Mozilla Corp to replace Google Inc as the default search engine on the Firefox Web browser in the United States, a move that Yahoo Chief Executive Marissa Mayer said will help boost its flagging search market share.
S&P sounds warning on Chinese property sector, Russian banks
Credit rating agency Standard and Poor's said on Wednesday that China's over-priced and over-supplied property market and capital-starved Russian banks were likely to face further downgrades in the coming years.
Latest News
Japanese retail investors' interest in domestic stocks has risen even as they have become more pessimistic on Japan's economic growth outlook this year, a Goldman Sachs Asset Management survey showed on Thursday.
China's factories looked to have hit an air pocket in November as a private survey showed output falling for the first time in six months, adding to concerns about slowing economic momentum and to the case for further policy easing from Beijing.
Asian stocks mostly fell on Thursday as fresh data signalling a further loss of momentum in China's economy weighed on sentiment, while the yen slid to multi-year lows against the dollar and euro.
Today, the minutes of the MPC meeting held on 5th and 6th November was released. The Committee set monetary policy to meet the 2% inflation target in the medium term, and in a way that helped to sustain growth and employment.
Microsoft Corp's Azure cloud-computing service, which hosts websites and lets customers store and manage data remotely, suffered serious outages on Tuesday taking its popular MSN web portal offline.
China and New Zealand are to sign a deal which will make it easier to produce television content in the two countries, enabling the South Pacific island nation to showcase its natural landscape to lure more tourists.
German business software maker SAP is doing an about-face on its acquisition strategy and plans no more big new deals in the next few years, its chief executive said on Wednesday.
Blackstone Group LP has reached out to its biggest fund investors about investing in a new investment vehicle with a longer investment horizon than the typical 10-year private equity fund, according to people familiar with the matter
Nearly a decade after losing a bidding war for device maker Guidant to Boston Scientific Corp, Johnson & Johnson finally has a chance for payback at a multibillion-dollar trial set to begin on Thursday.
