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Business

Bank of Japan changes stimulus policy, denies it's running out of options

The Bank of Japan is changing tack as it tries to get the economy growing again with an increased emphasis on the amount of interest paid to investors who buy government bonds.

The Bank of Japan is changing tack as it tries to get the economy growing again with an increased emphasis on the amount of interest paid to investors who buy government bonds.

Business

It's a Poke-nomenon

In this edition of Business Line we will tell you all you need to know about the phenomenon that is Pokemon GO.

In this edition of Business Line we will tell you all you need to know about the phenomenon that is Pokemon GO.

Business

No Pokemon profit boost for Nintendo - yet

Despite the popularity of Pokemon GO Nintendo has announced an operating loss for the period from April to June.

Despite the popularity of Pokemon GO Nintendo has announced an operating loss for the period from April to June.

Business

Unilever and Roche results better than expected

Consumer goods giant Unilever has reported better then expected Q2 sales. Swiss drugmaker Roche also beat market expectations.

Consumer goods giant Unilever has reported better then expected Q2 sales. Swiss drugmaker Roche also beat market expectations.

News

British, US and European bond yields tumble on the prospect of lower interest rates

British, US and European bond yields have fallen, in some cases to record lows, on the prospect of lower interest rates and other stimulus to counter the effects of the Brexit.

British, US and European bond yields have fallen, in some cases to record lows, on the prospect of lower interest rates and other stimulus to counter the effects of the Brexit.

Business

London Stock Exchange - Deutsche Boerse merger under threat from Brexit

Britain's vote to leave the European Union is threatening the planned merger between the London Stock Exchange and Germany's Deutsche Boerse though the LSE says it remains on track.

Britain's vote to leave the European Union is threatening the planned merger between the London Stock Exchange and Germany's Deutsche Boerse though the LSE says it remains on track.

Business

Fed due to call on interest rate hike

The Federal Reserve is deep in a policy meeting and it is extremely unlikely that an interest rate rise is on the cards.

The Federal Reserve is deep in a policy meeting and it is extremely unlikely that an interest rate rise is on the cards.

Business

Markets fear major turbulence if UK votes 'Leave'

The world's major financial institutions, including Citi and Goldman Sachs, are to call in senior traders to work through the night following the Brexit vote.

The world's major financial institutions, including Citi and Goldman Sachs, are to call in senior traders to work through the night following the Brexit vote.

Business

Bayer 'confident' Monsanto offer will be accepted

Germany's Bayer has offered to buy US seeds company Monsanto for $62 billion (55 billion euros) in cash trying to gain the top spot in the fast-consolidating farm supplies industry.

Germany's Bayer has offered to buy US seeds company Monsanto for $62 billion (55 billion euros) in cash trying to gain the top spot in the fast-consolidating farm supplies industry.

Business

UK April inflation slips

Inflation in British slipped in April for the first time since September last year. Consumer prices rose 0.3 percent from April 2015 as the cost of airfares and clothes fell.

Inflation in British slipped in April for the first time since September last year. Consumer prices rose 0.3 percent from April 2015 as the cost of airfares and clothes fell.

Business

Twitter 140 character tweet limit to end - report

Twitter won't comment on a Bloomberg report users will soon be able to write longer tweets as it plans to stop including photos and links as part of its 140 character limit.

Twitter won't comment on a Bloomberg report users will soon be able to write longer tweets as it plans to stop including photos and links as part of its 140 character limit.

Business

VW warns of big challenges ahead

Volkswagen says it's confident of solid growth this year despite 'Dieselgate' but admitted the scandal could cost much more than the amount set aside so far and assets might have to be sold.

Volkswagen says it's confident of solid growth this year despite 'Dieselgate' but admitted the scandal could cost much more than the amount set aside so far and assets might have to be sold.

Business

No interest rate change expected from Federal Reserve policy meeting

Federal Reserve policymakers are expected to leave the cost of borrowing unchanged in the face of disappointing word on durable goods orders and consumer confidence.

Federal Reserve policymakers are expected to leave the cost of borrowing unchanged in the face of disappointing word on durable goods orders and consumer confidence.

Business

BP considers more spending cuts after 80 percent profit drop

BP has said it could reduce its capital spending further after reporting an 80 percent drop in profits in the first three months of the year.

BP has said it could reduce its capital spending further after reporting an 80 percent drop in profits in the first three months of the year.

Business

Bonds are back for Argentina

Argentina is back selling government bonds for the first time in 15 years having settled a long-running legal battle with investors after it defaulted on its debts in 2001.

Argentina is back selling government bonds for the first time in 15 years having settled a long-running legal battle with investors after it defaulted on its debts in 2001.

Business

Oil prices hover around one-month lows

Oil hovered around one-month lows on Monday, as investors ditched some of their bullish bets on another price rise. This, also amid fading chances

Oil hovered around one-month lows on Monday, as investors ditched some of their bullish bets on another price rise. This, also amid fading chances

Business

Alaska Air to buy Virgin America in 2.3 billion euro deal

Alaska Air Group says it has agreed to buy Virgin America for almost 2.3 billion euros. It wants to expand its presence on the US West Coast

Alaska Air Group says it has agreed to buy Virgin America for almost 2.3 billion euros. It wants to expand its presence on the US West Coast

Business

Rosneft is 'coping' with low oil price, makes investment pledge

Despite low oil prices Russian energy giant Rosneft says it is coping and has pledged to invest more to ensure it can honour its long-term supply deals.

Despite low oil prices Russian energy giant Rosneft says it is coping and has pledged to invest more to ensure it can honour its long-term supply deals.