Time Warner Cable profit up residential data services growth

- Time Warner Cable Inc , the second-largest U.S. cable TV operator, reported a 3.7 percent rise in quarterly profit as it signed up more residential subscribers to its high-speed data services.

Recent Business News

European court rules Russia must pay Yukos shareholders 1.9 billion euros

MOSCOW/STRASBOURG - Europe's top human rights court awarded shareholders in Yukos 1.9 billion euros ($2.6 billion) in damages on Thursday, a new blow to Russia days after some of the former oil company's shareholders won $50 billion in The Hague.

6:45am EDT

Samsung Electronics downbeat on third quarter prospects as profits slide

SEOUL - Samsung Electronics Co Ltd. on Thursday reported its worst quarterly profit in two years and flagged uncertain earnings prospects for its key handset business, fuelling worries about its ability to return to growth.

Tech, Media 5:30am EDT

U.S. raises stalled WTO talks with India, no sign of breakthrough

NEW DELHI/SYDNEY - The United States raised the issue of a stalled trade agreement during talks with India's finance minister on Thursday, a source at the meeting said, hours before a deadline passes for New Delhi to sign a deal backers say would boost the global economy.

6:37am EDT

Falling prices on radar as euro inflation drops again

BRUSSELS - Annual inflation in the euro zone fell in July to its lowest since the height of the financial crisis in 2009, keeping the risk of deflation on policymakers' radar but unlikely to spur the European Central Bank into further policy action.

6:47am EDT

China should set less ambitious 2015 growth target, refrain from stimulus: IMF

BEIJING - China should set an economic growth target of 6.5-7 percent for 2015 and refrain from stimulus measures unless the economy threatens to slow sharply from that level, the International Monetary Fund said on Thursday.

China, IMF 12:42am EDT


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