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In Australia, NAB Business Confidence rose for the second consecutive month to print at -13 in March from -22 in the previous period. NAB chief economist...

TOKYO, April 14 (Reuters) - Japan&os;s Sumitomo Metal Industries Ltd ( 5405.T ) is in talks with India&os;s Bhushan Steel ( BSSL.BO ) on building an integrated steel plant together in the Indian state of West Bengal, the Nikkei business daily reported on ...

Popular brands have called for stricter policing of the internet, as they fear fraud will soar during the first "digital recession". Marks & Clerk, an intellectual property group, will today reveal t...

We suggest an iterated GMM approach to estimate and test the consumption based habit persistence model of Campbell and Cochrane, and we apply the approach on annual and quarterly Danish stock and bond returns. For comparative purposes we also estimate and test the standard constant relative risk-aversion (CRRA) model. In addition, we compare the pricing errors of the different models using Hansen and Jagannathan's specification error measure. The main result is that for Denmark the Campbell-Cochrane model does not seem to perform markedly better than the CRRA model. For the long annual sample period covering more than 80 years there is absolutely no evidence of superior performance of the Campbell-Cochrane model. For the shorter and more recent quarterly data over a 20-30 year period, there is some evidence of counter-cyclical time-variation in the degree of risk-aversion, in accordance with the Campbell-Cochrane model, but the model does not produce lower pricing errors or more plausi

Business News: Co. to funnel funds to studio -- Ryan Kavanaugh's Relativity Media is close to reaching a three-year output deal with Lionsgate covering four to five movies a year.

Tower Automotive, a Livonia, Michigan-based automotive supplier, mailed more than 600 notices two weeks ago to employees who have been permanently laid off since September 1 to let them know they can purchase discounted COBRA health insurance coverage through the company.

Four private equity groups have joined forces to back the founders of Skype, the revolutionary internet calls group, in an attempt to buy back the business from eBay. KKR, Warburg Pincus, Provide...

In spite of dramatic signs of political instability and violent terrorist attacks in Pakistan, Mexico rated higher on the risk agenda of a sample of companies that comprises more than two thirds of ...

Shanghai wants to become a leading business and tourist centre. If it is to achieve its ambitions, companies need to know contracts will be enforced and rights protected, writes Michael Skapinker

European ad agencies are more likely to get compensated for the ideas they present during new business pitches than shops based in the U.S., a new survey has found. The poll was conducted late last...