Business

GM to pay $35 million maximum penalty in U.S. transportation probe

(Reuters) - General Motors will pay a $35 million fine as part of the U.S. Transportation Department's investigation into the…

Jobless claims hit seven-year low, inflation ticks up

(Reuters) - Factory activity in New York state expanded at its quickest pace in nearly four years in May, but…

Skills-jobs mismatch harming U.S. labor market: Fed’s Plosser

(Reuters) - "We are seeing a mismatch of skills in the workforce and the jobs that are being created," Philadelphia…

Oracle wins copyright ruling against Google over Android

(Reuters) - Oracle Corp won a legal victory against Google Inc on Friday as a U.S. appeals court decided Oracle could copyright parts of…

Apple to unveil iPhone 6 in August, earlier than expected: report

(Reuters) - Apple Inc will unveil the next incarnation of its popular iPhone series in August, one month earlier than industry watchers…

Thai shares fall

[youtube id="PySR2XuwzMk"] Thailand continues to lose economic ground in the international market as political unrest continue to wrack the country.

End of oil boom threatens Norway’s welfare model

(Reuters) - Norway's energy boom is tailing off years ahead of expectations, exposing an economy unprepared for life after oil…

PHL receives another ratings upgrade from S&P

MANILA, May 8 (PNA) -- Projecting that current government reforms in the Philippines will be pursued beyond the Aquino administration,…

Yellen cites housing, geopolitical tensions as economic risks

(Reuters) - A slumping housing market and geopolitical tensions risk undermining the U.S. economy and bear close watching by the…

France seeks alliance, not “absorption” of Alstom, French Economy Minister Montebourg says

[youtube id="VYpAfkds8Xw"] France's Alstom will review a binding offer from General Electric for its energy business. But as Angela Odulio…

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