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Rogers Communications' profit boosted by smartphones

Retention spending jumps to C$247 million as competition for top-end mobile users heats up.

LVMH has reported a lift in sales from its wine and spirits division, Moet Hennessy, in the first quarter of 2013.

U.S. shares of Japanese automakers are soaring Thursday as investors expect them to benefit from Japan's aggressive actions to stimulate its economy.

The UK's public finances are boosted in February by proceeds from the 4G mobile licences auction and another payment from the central bank.

The government says it will spend an extra 3bn a year to fund infrastructure projects in hope of boosting economic growth.

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