CARDIFF (Reuters) - Britain may be as much as three quarters of the way through the process of working off the high debt levels which have weighed on the economy since the financial crisis, a top Bank of England policymaker said on Friday. Paul Fishe... [Full Article]
By Noel Randewich (Reuters) - Salesforce.com Inc's quarterly earnings and outlook disappointed investors as costs rise following a spree of acquisitions, sending its shares lower. Under Marc Benioff, Salesforce's CEO and founder, the compan... [Full Article]
SAN FRANCISCO (Reuters) - Hewlett-Packard Co's quarterly profit slid 32 percent but the world's largest personal computer maker raised the lower end of its full-year outlook as revenue from services to corporations slightly offset shrinking... [Full Article]
(Reuters) - Target Corp cut its full-year profit forecast on Wednesday while turning in a weak first quarter with disappointing sales, as a chilly start to spring kept shoppers from buying seasonal items like clothing. Target warned in April its firs... [Full Article]
By Tom Bill LONDON (Reuters) - Almost a quarter of commercial property loans in Britain are higher in value than the underlying real estate, a study showed on Friday, highlighting the toxic legacy of reckless lending before the financial crash. The f... [Full Article]
By Tetsushi Kajimoto and Kaori Kaneko TOKYO (Reuters) - Japan's economy grew faster than expected in January-March, expanding at its quickest pace in a year on the back of solid private consumption and a rise in exports spurred by Prime Minister... [Full Article]
NEW YORK (Reuters) - Cisco Systems Inc posted a higher than expected quarterly profit, suggesting that technology spending could be picking up for the network equipment maker's customers. Cisco shares rose about 5 percent after Chief Executive J... [Full Article]
(Reuters) - One-time hedge fund darling Apple Inc was dropped by more well-known fund managers in the first quarter, including John Griffin and Chase Coleman. Shares of Apple were down $19.50, or 4.4 percent, at $424.36 in trading on the Nasdaq on We... [Full Article]
PARIS (AP) - The recession across the economy of the 17 European Union countries that use the euro extended into its sixth quarter - longer than the calamitous slump that hit the region in the financial crisis of 2008-9. (Source: Associated Press)... [Full Article]
By Deepa Seetharaman DETROIT (Reuters) - Tesla Motors Inc reported its first-ever quarterly profit on Wednesday, trouncing Wall Street estimates, as the 10-year-old automaker delivered nearly 5,000 Model S electric cars during the first three months ... [Full Article]