Google’s strength in advertising to drive growth: analysts
(Reuters) – Google Inc looks set to extend its leadership in online advertising as it sharpens its focus on its core business, analysts said after strong ad sales helped the No. 1 search company report stronger-than-expected quarterly revenue.
Consumer sentiment dips in January
NEW YORK (Reuters) – Consumer sentiment dipped slightly in January, with recent economic improvement not translating to expectations for future gains, a survey released on Friday showed.
Amazon shares fall 9 percent after warning of possible loss
(Reuters) – Amazon.com Inc shares fell more than 9 percent in early trading on Friday, after the online retailer warned of a possible loss in the current quarter and its quarterly results missed expectations in the holiday shopping season.
Exclusive: Lone Star hires advisors for IKB sale as stress tests loom
FRANKFURT (Reuters) – Private equity investor Lone Star has hired Rothschild and Bank of America Merrill Lynch as advisors for the planned sale of German corporate bank IKB , two people familiar with the transaction said.
Barclays must hand over more ex-boss emails in Libor case
LONDON (Reuters) – Barclays has been told to hand over thousands more emails and other documents from its former bosses in a UK court case tied to the alleged manipulation of Libor interest rates, which will start in April.
MasterCard profit misses Street as expenses rise
(Reuters) – MasterCard Inc , the world’s No.2 credit and debit card company, reported a 3 percent rise in quarterly profit but missed analysts’ average forecast as expenses rose.
Labor costs rise in fourth quarter
WASHINGTON (Reuters) – Labor costs rose in the fourth quarter, with the biggest jump in wages and salaries since 2009, but there was still little sign of wage inflation amid slack in the jobs market.
U.S. downgrades India aviation rating, hits Air India, Jet
NEW DELHI (Reuters) – U.S. authorities have downgraded India’s aviation safety rating, citing a lack of safety oversight, meaning Indian carriers cannot increase flights to the United States and face extra checks for existing ones.
Euro sags after inflation data, EM steady after rout
LONDON (Reuters) – The euro fell and the bloc’s government bonds rallied on Friday as weaker-than-expected inflation data increased pressure on the European Central Bank to either cut rates or employ other easing tools at its meeting next week.
Honda warns on emerging markets while aiming for record sales
TOKYO (Reuters) – Honda Motor Co warned auto demand is cooling in emerging markets and especially Southeast Asia, but Japan’s third-biggest carmaker remained upbeat about its prospects and said it aims to sell a record 4.5 million vehicles or more in 2…
