South Korea reopens bidding for stalled fighter jet competition
SEOUL (Reuters) – South Korea said on Thursday it would hold a new round of bidding next month for its 8.3 trillion won ($7.43 billion) purchase of 60 next generation fighter jets, suspended after bids exceeded the budget.
South Korea reopens bidding for stalled fighter jet competition
SEOUL (Reuters) – South Korea said on Thursday it would hold a new round of bidding next month for its 8.3 trillion won ($7.43 billion) purchase of 60 next generation fighter jets, suspended after bids exceeded the budget.
Unilever’s second-quarter sales growth misses forecasts
LONDON (Reuters) – Anglo-Dutch consumer goods company Unilever reported underlying sales growth of 5 percent for the second quarter, just shy of market expectations, and said that growth was slowing in emerging markets.
A failure to communicate: Fed ‘guidance’ fails early test
WASHINGTON (Reuters) – Watch what Federal Reserve officials do, not what they say. That was Wall Street’s reaction to the U.S. central bank’s hints that it could soon begin to wind down its bond-buying stimulus.
Analysis: How much is Fed aid to U.S. corporate profits worth?
NEW YORK (Reuters) – Many on Wall Street believe the Federal Reserve’s monetary policy is behind record corporate earnings and the stock market’s surge to all-time highs this year.
Analysis: As Canada’s junior miners flounder, long-term damage looms
TORONTO (Reuters) – Hundreds of small mineral exploration companies may have their stock delisted by Canada’s TSX Venture Exchange in the coming months, choking off a development pipeline that has long supplied major miners with new projects.
Analysis: Mexico to rewrite ‘sacred’ text in long-awaited energy reform
MEXICO CITY (Reuters) – How far Mexico goes to overhaul its oil industry this year hinges largely on a single sentence in the constitution that has stood as a bulwark against private capital for more than 50 years.
IRS pursuing ‘stateless income’ tax enforcement: official
WASHINGTON (Reuters) – The Internal Revenue Service is pursuing tax enforcement cases against companies over the issue of “stateless income,” a senior agency official said on Wednesday in a reference to corporate profits that are not taxed by any count…
Facebook shares soar as users, mobile ads climb
SAN FRANCISCO (Reuters) – Facebook Inc delivered strong evidence it can thrive on smartphones and tablets on Wednesday, reporting a much better-than-anticipated surge in mobile advertising revenue in the second quarter that ignited a 20 percent share r…
IRS pursuing ‘stateless income’ tax enforcement: official
WASHINGTON (Reuters) – The Internal Revenue Service is pursuing tax enforcement cases against companies over the issue of “stateless income,” a senior agency official said on Wednesday in a reference to corporate profits that are not taxed by any count…
