Japan Grows 2.4% in First Quarter

TODAY: Aug. 1, 2015 PUB DATE: May 20, 2015

TOKYO—Japan's economy is recovering more strongly than expected fueled by household and business spending and a pickup in inventories, an indication that the engines could be starting to fire once again in the world's third-largest economy. Japan's real gross domestic ...

Japan Stocks Near Fresh 15-Year High

TODAY: Aug. 1, 2015 PUB DATE: May 20, 2015

Tokyo stocks edged higher toward a fresh 15-year high in early Wednesday trading after data that showed that Japan's economy grew at its fastest pace in a year during the first quarter. The Nikkei Stock Average was up 0.7% at ...

Total: Gas Output Starts at Russia's Termokarstovoye Field

TODAY: Aug. 1, 2015 PUB DATE: May 20, 2015

By Inti Landauro PARIS--Total SA (TOT) and its Russian partner Novatek (NVTK.MZ) have started pumping natural gas at the Termokarstovoye field in northern Russia, the French company said Wednesday. Production at the field is due to reach 6 million cubic ...

Pandora to Acquire Next Big Sound

TODAY: Aug. 1, 2015 PUB DATE: May 20, 2015

Pandora Media Inc. said it has agreed to acquire Next Big Sound Inc., a startup whose online music analytics service will bolster the Internet radio company's suite of tools for musicians. Pandora said the startup's analytics tool will expand its ...

Number of unemployed young persons decreased by 30 000

TODAY: Aug. 1, 2015 PUB DATE: May 20, 2015

Statistical news from Statistics Sweden 2015-05-20 9:30 AM Nr 2015:606 Labour Force Survey (LFS), April 2015: Number of unemployed young persons decreased by 30 000 In April 2015, 4 762 000 persons aged 15-74 were employed, not seasonally adjusted. This ...

Quality, Not Just Quantity, of Infrastructure Needs Attention

TODAY: Aug. 1, 2015 PUB DATE: May 20, 2015

By Greg Ip Amtrak's deadly derailment last week has again re-awakened concerns that the U.S. spends too little on highways, railroads and other public infrastructure. Lost in the debate over the quantity of federal investment, however, is an equally pressing ...

Banks to Pay $5.6 Billion in Penalties in FX, Libor Probe

TODAY: Aug. 1, 2015 PUB DATE: May 20, 2015

WASHINGTON—Five global banks have agreed to pay more than $5 billion in combined penalties and will plead guilty to criminal charges to resolve a long running U.S. investigation into whether traders at the banks colluded to move foreign currency rates ...

GE Certain Alstom Deal Will Go Through

TODAY: Aug. 1, 2015 PUB DATE: May 20, 2015

General Electric Co. Chief Executive Jeff Immelt said Wednesday he is confident regulators will approve his deal to buy French conglomerate Alstom SA's power business. GE has chafed at the slow pace of review by regulators in the European Union, ...

Whirlpool to Cut 480 Jobs in Italy

TODAY: Aug. 1, 2015 PUB DATE: May 20, 2015

Whirlpool Corp. said it expects to cut roughly 480 full-time positions at four administrative facilities in Italy as part of the integration of Indesit Co., which the appliance maker acquired last year. Whirlpool said in a regulatory filing Wednesday that ...

Southwest's Upgraded Growth Plans Stir Airline Stocks

TODAY: Aug. 1, 2015 PUB DATE: May 20, 2015

By Jack Nicas A slight increase in Southwest Airlines Co.'s growth plans fueled a broad selloff in U.S. airline stocks, highlighting investor jitters that cheap fuel could cause carriers to oversupply the market, undoing recent competitive discipline that has helped ...

Dear Poland: The Czech Land Is in the Mail

TODAY: Aug. 1, 2015 PUB DATE: May 20, 2015

By Leos Rousek DOLNI OLDRIS, Czech Republic--Jan Chytil can see the Polish border from the barn where he keeps his cattle. Soon that border may shift and, he fears, cows will have to use a different door to avoid setting ...