Current Global News

WSJ.com: World News


World News
copyright © 2014 Dow Jones & Company, Inc.

Modi Moves Closer to U.S. as Differences Persist


Tue, 30 Sep 2014 23:36:29 EDT
Indian Prime Minister Narendra Modi said the U.S. and India are "natural global partners," but talks with President Barack Obama didn't yield major breakthroughs on several disagreements.

China Factory Activity Steady, Anemic


Wed, 01 Oct 2014 01:26:22 EDT
A key gauge of China's manufacturing sector held steady in September, official data showed Wednesday, suggesting that economic growth has somewhat stabilized but at a modest level.

BOJ Tankan: Business Sentiment Improves


Wed, 01 Oct 2014 00:41:31 EDT
Japanese business sentiment unexpectedly improved in September even as firms struggle to get out from under the weight of the recent sales tax increase, the Bank of Japan's tankan survey showed Wednesday.


Barron's Online Exclusive


Barron's Online Exclusives
copyright © 2014 Dow Jones & Company, Inc.

EBay's PayPal Spinoff Will Pay Off


Tue, 30 Sep 2014 15:28:55 EDT
The transaction allows investment directly in the faster-growing business, PayPal.


WSJ.com: US Business


US Business
copyright © 2014 Dow Jones & Company, Inc.

EBay to Spin Off PayPal Business


Tue, 30 Sep 2014 21:36:20 EDT
Coming competition in paying for everyday purchases with smartphones, including an aggressive entry from Apple, pushed online retailer eBay to reverse course and set free its PayPal unit.

Doctors Net Billions From Drug Firms


Tue, 30 Sep 2014 19:52:11 EDT
Drug and medical-device companies paid at least $3.5 billion to U.S. physicians and teaching hospitals during the final five months of last year.

'Made in USA' Spurs Lawsuits


Tue, 30 Sep 2014 22:13:31 EDT
Chinese nets and bolts ensnare Lifetime Products' basketball hoops in litigation over whether they qualify for "Made in USA" labeling.


International Business Times


Retail Sales Will See A Boost This Holiday Season: Deloitte


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Deloitte’s economists and retail analysts forecast that the steadily improving U.S. economy should boost holiday sales in stores and online this season.

US Postal Service Wants To Expand Amazon Grocery Deliveries


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The financially struggling U.S. Postal Service wants to expand a test to deliver groceries for Amazon.com Inc., and possibly other retailers, as it seeks to compete in the package delivery marketplace. The federal agency sought approval Tuesday for a two-year test beginning as soon as Oct. 24 to deliver prepackaged totes to doorsteps. The project would bring in more than $10 million a year in revenue to the cash poor agency, according to a filing with the Postal Regulatory Commission.

US Retail Sales Rose Broadly In August, Sign That Consumer Spending Will Pick Up In Second Half


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U.S. retail sales rose solidly in August -- with an upward revision to July’s growth -- suggesting that American consumer spending will continue to pick up this fall and into 2015.


International Business Times


Oil Prices Falling On High Dollar, Weak Global Manufacturing And Surging Production


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Oil prices tumbled by about 3 percent Tuesday after reports that OPEC production is surging higher than expected, slow manufacturing growth in China and Japan and the EU is dampening demand for oil, and traders are pulling out of contracts at the end of the quarter as the dollar reaches multiyear highs.


International Business Times


Record Global Soybean, Wheat Crops Expected As Rice, Corn Yields Stay Flat


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The 2014-2015 season’s soybean and wheat crops are on track to set records, while rice and corn look poised to be more in line with last season’s record crops. Soybean production is expected to hit 310 million tons, about 10 percent higher than last year’s output, according to the International Grains Council’s September Grain Market Report released Thursday. That increase is expected to continue as new soy plantings boost yields in parts of Brazil and Argentina.

Glut In Natural Rubber Seen Shrinking As Prices Drop And China Car Sales Rise


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Natural rubber supplies ballooned in recent years as Asian producers cranked up the tree taps and consumers curbed their demand. Now, the glut appears ready to pop. The global surplus is poised to shrink by nearly 50 percent in 2015 as the trends reverse, according to the International Rubber Study Group.


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