Business

Dow, S&P 500 dip, end 5-day streak of closing highs

  (Reuters) - The Dow and S&P 500 ended slightly lower on Wednesday, breaking their five-day streak of record closing…

Japanese shares hit seven-year highs on tax-relief hopes

(Reuters) - Japanese stocks scaled seven-year highs on Wednesday on growing expectations Prime Minister Shinzo Abe will postpone a planned sales…

Alibaba Singles’ Day sales break past $8 billion

(Reuters) - E-commerce giant Alibaba's Singles' Day sales broke through the $8 billion mark late on Tuesday, illustrating the buying…

Microsoft unveils first Lumia smartphone without Nokia name

(Reuters) - Microsoft Corp (MSFT.O) said it would roll out its Lumia 535 smartphone this month with an affordable price tag in…

Landmark Hong Kong-China stock trading scheme to start Nov. 17

(Reuters) - A long-awaited trading link between Hong Kong and Shanghai will launch on Nov. 17, a crucial step towards…

BlackBerry CEO sees fewer new devices, focus on profitability

(Reuters) - BlackBerry, which has completed the first phase of its two-year turnaround plan, is now focused on profitability and…

Obama says momentum building on ‘historic’ trans-Pacific trade deal

(Reuters) - U.S. President Barack Obama said on Monday he sees momentum building for a Washington-backed free trade agreement in the Asia-Pacific,…

U.S., European authorities arrest 16 online drug, weapons traders

(Reuters) - U.S. and European authorities have arrested 16 suspected members of underground drugs and weapons cybermarkets this week, in…

BMW develops street lights with electric car-charging sockets

(Reuters) - BMW has developed street lights equipped with sockets to charge electric cars, it said on Friday, and will…

Twitter to open office in Hong Kong early next year – WSJ

(Reuters) - Twitter Inc plans to open an office in Hong Kong early next year to serve greater China and tap advertising revenue from…

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