A rice vendor waits for customers at a market in 2008. Spanish ...
May 31st, 2011
(AFP/File) - A rice vendor waits for customers at a market in 2008. Spanish food giant Ebro said Tuesday its bid to take over Australia's Ricegrowers Ltd. had collapsed after failing to win over enough shareholders.(AFP/File/Farjana Khan Godhuly) -
By Mridhula Raghavan (Reuters) - Luxury homebuilder Toll Brothers Inc reported stronger-than-expected results on higher average selling prices and booked its highest quarterly orders in seven years, sending its shares up 7 percent. Record-low interest rates and rising rents have encouraged more Americans to buy homes after the housing market bust, ... [Full Article]
By Simon Johnson and Leila Abboud STOCKHOLM/PARIS (Reuters) - Chinese telecom operators will start awarding contracts for super-fast mobile networks this year, kicking off the third wave of a global investment cycle that is reshaping the competitive landscape among telecom equipment makers. China, the world's biggest mobile market with 1.1 bil... [Full Article]
By Ian Chua SYDNEY (Reuters) - Asian stocks rose on Wednesday following a positive lead from Wall Street with Japan's Nikkei reaching a 5-1/2 year high, while the yen took a defensive stance ahead of the outcome of the Bank of Japan's (BOJ) policy meeting. MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.2 percent, r... [Full Article]
By Alistair Barr SAN FRANCISCO (Reuters) - LivingSocial, the second-largest daily deal company behind Groupon Inc, said on Friday that it was hit by a cyber attack that may have affected more than 50 million customers. The company said the attack on its computer systems resulted in unauthorized access to customer data including names, email address... [Full Article]
LONDON (Reuters) - New car sales in Britain were nearly 15 percent higher in April than a year ago, according to the Society of Motor Manufacturers and Traders which said sales in 2013 would be stronger than it previously forecast. New car registrations increased for the 14th month running to 163,357 units, up 14.8 percent on the year and the best ... [Full Article]