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August 30, 2015

Apple Music Executive Ian Rogers Leaves After Debut of Service

Apple Inc. said music executive Ian Rogers is leaving the company, a surprise departure coming a couple of months after the debut of a new service he helped create.

August 29, 2015

Facebook has a billion users in a single day, says Mark Zuckerberg

For the first time over a billion people used Facebook on a single day, according to company founder Mark Zuckerberg.

August 28, 2015

Total sells $900m of its UK gas assets

Total, one of the biggest energy firms operating in the North Sea, has sold off $900m (£585m) of UK gas interests to cut costs, amid the continuing collapse of oil prices.

August 26, 2015

Tesco, Asda sales fall as discounters advance-Kantar

LONDON, Aug 25 (Reuters) - Britain's "big four" supermarkets have all lost market share in a barely growing grocery market, with Tesco and its main rivals failing to keep pace with discounters Aldi and Lidl, Kantar Worldpanel said on Tuesday.

August 25, 2015

Osborne: Lloyds Bank sell-off done 'within the year'

Chancellor George Osborne has said he hopes the sale of the UK government's shares in Lloyds Banking Group will soon be completed.

August 24, 2015

Apple's China business strong in July and Aug: Cook to CNBC

Apple Inc's China business experienced "strong growth" in July and August, Chief Executive Tim Cook told CNBC on Monday, seeking to assuage investor concerns over the company's prospects in a market considered critical for its growth.

August 23, 2015

Microsoft Files U.S. Antitrust Suit Against InterDigital

Microsoft Corp. is claiming InterDigital Inc. has been violating its pledge to offer fair and reasonable licenses on patents related to fundamental mobile-phone technology.

August 22, 2015

Apprenticeships plan outlined by government

David Cameron has shared plans to increase the number of apprenticeship programmes that big businesses offer. Companies bidding for government contracts worth more than £10m must show they have a "reasonable proportion" of apprentices.

August 16, 2015

Chinese companies face culture shock in countries that aren’t like China

PHNOM PENH, Cambodia — Faced with slower growth at home and rising labor costs, Chinese entrepreneurs are seeking foreign markets as never before.

August 15, 2015

Banks agree $2bn US foreign exchange settlement

Nine banks have agreed to pay $2bn (£1.3bn) in settlements to US investors over claims they rigged foreign exchange rates, according to lawyers.

August 14, 2015

Samsung Loses Bid for Rehearing in Patent Appeal

Samsung Electronics Co. was rebuffed in its request for reconsideration of whether it infringed Apple Inc.’s patented designs for smartphones.

August 13, 2015

Shell Arctic drilling 'risky' - ex-BP boss Lord Browne

Drilling for oil in the Arctic may harm Shell's reputation and cost it dear, the former BP boss Lord Browne has said. Shell has just started preliminary drilling in Alaska’s Chukchi Sea after several setbacks.

August 12, 2015

Google shares close 4.1% up on Alphabet restructuring

Google shares have risen by about 4.1% on Wall Street after investors welcomed news of its restructuring.

August 11, 2015

Why JPMorgan Sees September Liftoff But Cut Bond Yield Forecasts

JPMorgan Chase & Co. is cutting Treasury yield forecasts even as it stands by its call for a first Federal Reserve interest rate rise in September.

August 09, 2015

Coca-Cola Near Deal for Organic Juice Company Suja: Sources

Coca-Cola Co. is nearing a deal to buy a minority stake in U.S. organic juice company Suja Life LLC, people familiar with the matter said on Friday, as the soft drink giant tries to identify the next big hit with consumers.

August 07, 2015

Airbus patents plane that could fly from Paris to Tokyo in three hours

Airbus has won a patent for a hypersonic passenger plane, but Concorde’s hydrogen-powered successor is unlikely to leave the drawing board any time soon.

August 06, 2015

Toyota's first quarter profit rises 10%

Japanese carmaker Toyota has reported a 10% increase in profits for the first quarter of its fiscal year, helped by the weak yen and cost cuts.

August 04, 2015

HSBC's pre-tax profit up 10% in first half of the year

Profit at Europe's largest bank, HSBC, was up 10% in the first half of this year compared with a year ago on strong earnings in Hong Kong.

August 03, 2015

Google, Amazon Show Investors Cost Control Is Key for Tech

Investors have started to reward Internet companies that can show both financial discipline and a path to long-term growth, making Amazon.com Inc. and Google Inc. the clear winners of the technology earnings season.

August 01, 2015

With no sign of oil price rebound, Shell wields axe again

LONDON (Reuters) - Royal Dutch Shell is to axe 6,500 jobs this year and step up spending cuts as it seeks to reassure investors it can withstand an extended period of lower oil prices, even through its planned $70 billion acquisition of BG Group.