UK camera chain Jessops shuts, shedding 1,370 jobs
Bankruptcy administrators for Jessops, the struggling British camera retail chain, said Friday the company is shutting down because it is no longer ...
Honda announces plans to cut 800 jobs
Japanese automaker Honda says it will cut about one in four jobs at its UK factory as it struggles with low demand in Europe. Honda Motor Europe says ...
French taxi drivers' strike clogs roadways
Taxi drivers across France clogged traffic, slowed access to airports and forced would-be passengers to find alternate transport as they held a strike ...
Virgin Stores in France filing for bankruptcy
The Virgin Stores chain in France, which includes the flagship Megastore on Paris' famed Champs-Elysees, plans to file for bankruptcy. Virgin Stores, ...
IOC speeds off with Audi as new car supplier
The IOC is switching gears from Mercedes to Audi. The International Olympic Committee says it has signed a four-year deal with Audi as its new ...
Budvar beer exports reach record high in 2012
State-owned Czech brewery Budejovicky Budvar, which has been fighting a long legal battle with U.S. beer giant Anheuser-Busch over the use of the ...
Survey shows underwhelming UK Christmas sales
The U.K's struggling retailers fail to get a boost from the crucial Christmas shopping season, latest figures show, although consumers embraced online ...
Indian court to rule on generic drug industry
From Africa's crowded AIDS clinics to the malarial jungles of Southeast Asia, the lives of millions of ill people in the developing world are hanging ...
Only 1 Spanish Parador hotel to close instead of 7
Only one of Spain's luxury Parador hotels will close, instead of seven, as earlier planned, following negotiations between the parent company and ...
Lunch meat maker Hormel orders up Skippy sandwich
Hormel Foods apparently has a hankering for a peanut butter and bacon sandwich. The company primarily known for Spam and other cured, smoked and deli ...
New dilemma in Russia: Where to buy beer?
A big question in Russia in 2013 may be "How do I get a beer around here?" Under a law that took effect on New Year's Day, selling beer at the ...
Champagne loses fizz in Europe after tough year
Europeans are finding fewer reasons to pop open a bottle of Champagne as another year of economic troubles and high unemployment saps the region's ...
Unilever to phase out 'microplastics' by 2015
Unilever, the maker of Vaseline, Axe deodorants and Dove soaps, among other cosmetic and hygiene products, says it will phase out the use of ...
UN envoy worried after talks with Syria's Assad
The international envoy to Syria said after talks with the country's leader Monday that the situation was "worrying" and gave no indication of ...
Hundreds of Syrians flee bakery attack to Turkey
Hundreds of Syrians crossed into Turkey on Monday, a day after an airstrike reportedly targeted a bakery and killed scores of people in a rebel-held ...
Syria jets kill tens as international envoy visits
A government airstrike Sunday on a bakery in a rebel-held town in central Syria killed more than 60 people, activists said, casting a pall over a ...
Christmas comes slowly to austerity-hit Europe
Across Europe, holiday "shoppers" this season are doing more browsing than buying. Retailers remain hopeful for a last-minute burst of Christmas ...
Larry Probst re-elected as USOC chair
Once considered a reluctant conscript to the U.S. Olympic Committee, Larry Probst now embraces his role. So much, in fact, that he's staying on for ...
Fiat announces $1.3 BN investment for new SUVs
Fiat CEO Sergio Marchionne will invest €1 billion ($1.32 billion) in the auto company's southern Italian factory to produce two SUV new models for ...
Final goodbye: Roll call of some who died in 2012
Neil Armstrong would always be taking that first step onto the moon, and Dick Clark was forever "the world's oldest teenager." Some of the notables ...
China is top dam builder, going where others won't
Up a sweeping jungle valley in a remote corner of Cambodia, Chinese engineers and workers are raising a 100-meter- (330-foot-) high dam over the ...
Head of luxury bag-maker Louis Vuitton steps down
The head of famed luggage and handbag-maker Louis Vuitton is stepping down because of health reasons. Luxury goods purveyor LVMH, which owns the ...
UK retailer Comet shutting down, 6,900 jobs lost
British electrical retailer Comet is about to close its doors for the final time after nearly 80 years. The last 49 stores of what was a 235-strong ...
Century-old fight for Budweiser name hits new snag
They've been arguing about a name for 106 years. A small brewer in the Czech Republic and the world's biggest beer maker have been suing each other ...
Spanish botched fresco artist sells work on eBay
A painting by the 80-year-old Spanish artist who became famous for her botched restoration of a Christ fresco in a small-town church has fetched ...
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