Bloomberg Reporter

Bloomberg Reporter

European markets drop after morning rally

European markets drop after morning rally

European shares have fallen, ending a rally that followed an agreement to boost Europe’s rescue fund.

Vince Cable fined for non-payment of VAT

Vince Cable fined for non-payment of VAT

Britain’s business secretary Vince Cable was fined £500 for failing to pay as much as £25,000 in VAT, said a report.

NCB cuts economic growth forecast

NCB cuts economic growth forecast

NCB Stockbrokers said it is cutting its growth forecast for Ireland for next year as Euro area manufacturing looks “desperately weak.”

US consumer confidence slumps

US consumer confidence slumps

Consumer confidence unexpectedly slumped in October to the lowest level since March 2009, when the US economy was in a recession.

Barbie gets together with Bob the Builder

Barbie gets together with Bob the Builder

Mattel, the world’s biggest toymaker, acquired Hit Entertainment Ltd. for $680 million from a group led by private equity firm Apax Partner Funds.

TomTom on the right road as profits rise

TomTom on the right road as profits rise

TomTom, Europe’s biggest maker of portable navigation devices, climbed as much as 24 per cent in Amsterdam after profit beat expectations.

Ferrari adds personal touches to rev up profits

Ferrari adds personal touches to rev up profits

Ferrari has begun offering personal touches like cashmere-covered seats and gold-colored exteriors for customers whose new cars aren’t quite special enough.

Disney doll rush crashes website

Disney doll rush crashes website

A new range of limited edition princess dolls proved such a hit, the Disney company's retail website crashed

Analysts clash on Apple outlook

Analysts clash on Apple outlook

Could iPad orders be slowing? An Asian analyst's report causes trouble for Apple

Will new Kindle challenge iPad?

Will new Kindle challenge iPad?

Bloomberg's Danielle Kucera says the next Kindle device, expected in the coming months, might be the biggest threat to the iPad this Christmas.

Feature-Musical plans for Facebook

Feature-Musical plans for Facebook

(Bloomberg news)