Markets

siemens-wields-axe-but-little-blood

Siemens wields axe, but little blood

The axe is dropping at Siemens. Europe's biggest engineering company has announced it's slashing 7,800 jobs worldwide. That's about 2 percent of its global workforce. Siemens has been implementing Feb 6, 2015
south-africas-power-struggles

South Africa's power struggles

Power cuts in South Africa have become a fact of life. Electricity is in high demand but short in supply. The country's main utility firm Eskom has introduced scheduled, rolling blackouts to ease Feb 6, 2015
china-slams-u-s-for-cyber-hacking-allegation

China slams U.S. for cyber hacking allegation

ROUGH CUT (NO REPORTER NARRATION) Beijing on Friday (February 6) slammed the allegation made by the United States that China had a possible link to a cyberattack on its insurance company Anthem Inc. Feb 6, 2015
bse-closes-points-133-06-down-on-feb-6

BSE closes points 133.06 down on Feb 6

New Delhi, Feb 6 (ANI): Trading at the Bombay Stock Exchange today closed 133.06 points down to stand at 28,717.91 at the National Stock Exchange the Nifty closed 50.65 points down to stand at 8,661.05. BHUSHAN STEEL LTD. and HDIL were among the top gainers of Group A with an increase of 11.96% and 8.30% along with INDIA CEMENTS LTD. and PMCFIN with an increase of 5.25% and 4.95% respectively, while the top losers of Group A include CEATLTD and PTC with a decrease of 7.09% and 6.46% along with APOLLOTYRE and JAMMU and KASHMIR BANK LTD. with a decrease of 5.93% and 5.87% at the close of the markets. The Auto sector is down 541.95 points at 19,051.97, while the banking sector is down 277.77 points at 21,535.42 and the reality sector is down 11.37 points at 1,746.32. The Indian currency is up 0.03% at Rs 61.75 per dollar. Feb 6, 2015
africa-debt-crisis-looming

Africa: debt crisis looming?

Debt crisis. It's a phrase Europe has made its own in recent history. Could it be Africa's turn next? SOUNDBITE (English) JUDITH TYSON, AUTHOR, OVERSEAS DEVELOPMENT INSTITUTE, SAYING: ''The risk Feb 6, 2015
robots-to-dominate-chinese-labor

Robots to dominate Chinese labor

Robots taking over China's factory floors. And by 2017, there will be more in production plants here than in any other country in the world. (SOUNDBITE) (English) REUTERS REPORTER, JANE LANHEE LEE, Feb 6, 2015
asia-week-ahead-examining-the-japanese-economy

Asia Week Ahead: Examining the Japanese economy

EDITORS' NOTE: THIS EDIT CONTAINS COVERTED 4:3 MATERIALS (SOUNDBITE) (English) REUTERS REPORTER, PAMELA AMBLER, SAYING: "Japan will see a heavy data download next week." First up, the country's Feb 6, 2015
sonys-pascal-stepping-down-as-co-chair

Sony's Pascal stepping down as co-chair

Amy Pascal, one of the most power women executives in Hollywood, is stepping down as co-chairman of Sony Pictures. The move comes after hackers leaked a chain of embarrassing emails between Pascal Feb 6, 2015
pfizers-premium-bet-on-generic-drugmaker

Pfizer's premium bet on generic drugmaker

Pfizer finally making a deal, buying Hospira for about $15 billion. The goal: boost its portfolio of generic injectable drugs, and copies of pricey biotech medicines, called biosimilars. Shares of Feb 6, 2015
greek-mps-defiant-at-first-session

Greek MPs defiant at first session

A media frenzy outside the Greek Parliament in Athens. The country's lawmakers arrived for the swearing in of the new coalition government led by Syriza. Members of the anti-austerity party promised Feb 5, 2015
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