Germany's retail sales declined more-than-expected in October, reflecting a weak start to the fourth quarter spending ahead of Christmas. Retail sales dropped by real 0.4 percent in October from September, when it remained flat, figures from Destatis showed Monday. In August, sales had declined 0.7 percent.
Early indications suggest that Wall Street stocks may open Monday's session higher, as traders adopt a cautious stance ahead of several market moving economic data and events due for the week. Global cues are not very inspiring, with Asian stocks closed mostly lower, although China ended modestly higher after a volatile session. The European markets are also mixed.
American professional basketball player and two-time Olympic medal winner Kobe Bryant announced his retirement on Sunday. The 37-year old player, who was part of five National Basketball Association (NBA) championship and ranked third in the career scoring list, said he will play only up to the end of this season. Following the announcement, ticket resale prices skyrocketed. The normal ticket pric
Ascena Retail Group Inc. (ASNA) remains focused on strong merchandising execution, and disciplined inventory and expense management. With the addition of the Ann Taylor, LOFT, and Lou & Grey brands, Ascena is now one of North America's largest and most diversified specialty apparel retailers, with $7.4 billion in trailing twelve month sales, a combined fleet of over 4,900 stores...
As the Black Friday din settles down, it is time to look back at how various players and products fared and Adobe has offered some insight into just that. Mobiles and smartphones sold like hot cakes, according to online shopping data released by Adobe.
European stocks are seen opening lower on Monday as investors brace for a busy week of economic data from the U.S., Europe and China.
The all-important U.S. jobs report, due out Friday, will play a large role in determining whether the Federal Reserve raises interest rates at its December 15-16 meeting....
After nearly a 2-year hiatus following its announcement that it is testing unmanned drones, Amazon finally offered a glimpse into the prototype and its functioning. It remains to be see if the company can work around regulatory hurdles to make it a reality.
Serious symptoms of premenstrual syndrome may have a link to high blood pressure among women, a study published in the American Journal of Epidemiology this week revealed.
Symptoms of premenstrual syndrome or PMS include mood swings, abdominal pain, breast tenderness, headaches and bloating. High...
Microsoft's (MSFT) office assistant Cortana for iOS beta has arrived, but only 2000 people will be able to test the virtual assistant.
With many traders enjoying an extended Thanksgiving holiday, stocks turned in a lackluster performance during trading on Friday. The Nasdaq moved modestly higher, while the Dow and the S&P 500 spent much of the day lingering near the unchanged line.
Facing increasing scrutiny over his depth of foreign policy knowledge, Republican presidential candidate Ben Carson is reportedly traveling to Jordan to meet with Syrian refugees on Friday.
Amid the ongoing debate about the U.S. accepting Syrian refugees, President Barack Obama argued providing refuge to some of the world's most vulnerable people is an American tradition.
Stocks are turning in a lackluster performance in early trading on Friday, as many traders remain away from their desks. The major averages have been bouncing back and forth across the unchanged line, showing only modest moves.
Republican presidential candidate Donald Trump is once again under fire after allegedly mocking a reporter with a physical disability, although the real estate tycoon has denied the accusations.
The world's first experience of day-night Test cricket unfurled at the Adelaide Oval Friday, when the third Test between Australia and New Zealand started at 2 pm local time, with players using a pink ball, replacing the traditional white. Except for pink ball, which has been designed to be visible in natural light and under floodlights, all other playing conditions remained unchanged.