U.S. home builders spending in July highest since 2009

Note: This section contains information in English only.
Source: WBPonline
Construcion spending in July has bounced back, soaring to highest level since 2009 summer. Contractors spent 0.6% more in July up to $900,824 million, exceeding expected 0.4% increase. Contractors focus was mostly on private dwellings, which in total mounted to $334,578 million, while public construction slid 0.3% in July, dragged down by reduction in local and state investment.
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Tue, 03 Sep 2013 15:09:32 GMT

U.S. Stocks trade higher on better-than-expected manufacturing data

U.S. equities traded higher on positive manufacturing data and better construction spending. However, the Fed tapering worries still persist and also concerns over U.S. attacking Syria. The S&P's 500 Index added 0.92% to 1,648.04  at 10:33 a.m. EDT, while the Dow Jones Industrial Average gained 0.62% to 14,902.26  and the Nasdaq technology index climbed 1.05% to 3,627.55.

Tue, 03 Sep 2013 11:57:04 GMT

Microsoft to acquire Nokia devices business

Nokia, the Finnish smartphone manufacturer and one of the largest mobile devices producers in the world is going to sell its "Devices and services" business to its main partner Microsoft, which plans to buy some of Nokia patients as well. The cost of the deal will be 5.44 billion euros and it is planned to make it till the March,

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