Businesses provide the means by which goods and services are exchanged
and the basis for the economy on a local, national, and global
scale. They may provide consumer products, consumer services,
durable goods such as refrigerators and televisions, capital goods such
as machinery and commercial vehicles, raw materials such as wheat and
corn, semi-finished goods such as computer components, finished goods
such as cars and trucks, or business services such as insurance and
banking. Business has always been strongly influenced by the
economic climate and world events. In turn, the health of the
business sector greatly influences the economy.
Browse the headlines below to find relevant and up-to-date business news
from around the globe.
- Bank Exodus From Commodities Could Hurt Liquidity Short Term; Otherwise Limited Impact Seen
(Kitco News) - The trend of major banks leaving the commodities business could hurt liquidity in the short term, but eventually other trading firms will fill the void, say veterans of the commodities business.
By Kitco News. Forbes. Tue, 22 Jul 2014 17:35:00 GMT.
- DealBook: Credit Suisse Posts Largest Loss Since 2008 After U.S. Settlement
The bank reported a second-quarter loss of $779 million and said that it planned to exit the commodities business.
By Jenny Anderson. International Herald Tribune. Tue, 22 Jul 2014 15:58:43 GMT.
Subscription may be required.
- Funding boost of £24m for Glasgow
Chancellor George Osborne announces nearly £24m of funding for business projects he says could help create 30,000 jobs in the Glasgow area.
BBC News. Tue, 22 Jul 2014 13:45:02 GMT.
- Comcast Earns $2 Billion on Strength in Cable Business
The largest cable operator in the United States said second-quarter profit increased almost 15 percent despite a loss of 144,000 video customers.
By Emily Steel. International Herald Tribune. Tue, 22 Jul 2014 12:16:25 GMT.
Subscription may be required.
- Five ways Aldi cracked the supermarket business
Five ways Aldi changed the world of supermarkets.
BBC News. Tue, 22 Jul 2014 11:32:03 GMT.
- Amid sanctions, France in warship sale to Russia
France says it will go ahead with the sale of a warship to Russia despite calls for an arms embargo against the country, highlighting how Europe's strong business ties are hindering its ability to punish Moscow over the crisis in Ukraine.
Miami Herald. Tue, 22 Jul 2014 11:24 EDT.
- Africa: Business and Humanitarian Action - Overcoming the Language Barrier
[IRIN]London -A cloud of mistrust hangs over relations between business and the humanitarian community, the result of decades of mutual suspicion. ...
All Africa. Tue, 22 Jul 2014 09:58:32 GMT.
- Asbury posts Q2 double-digit profit, revenue gains
Improving car sales and a double-digit revenue jump helped drive second-quarter profits up 33 percent at Asbury Automotive Group, as all parts of its business showed gains, the auto retailer said today.
AutoNews.com. Tue, 22 Jul 2014 07:07:16 EST. Subscription required.
- Fugitive billionaire wanted in South Korean ferry sinking found dead
South Korean police said on Tuesday that a body found last month in the south of the country was that of a fugitive businessman who headed the family that owned the operator of a ferry that capsized in April, killing more than 300 people.
Canadian Broadcasting Corporation. Mon, 21 Jul 2014 22:55:39 EDT.
- FCC adds ‘protection zones’ to AWS-3 spectrum auction plans
The Federal Communications Commission late last week updated rules for use of the AWS-3 spectrum that is set to be auctioned off to commercial cellular operators later this year. ...
Dan Meyer. RCR Wireless. Mon, 21 Jul 2014 15:03:09 +0000.
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