Business

Business

• 

  Shot Armenia presidential hopeful seeks vote delay

  The shooting of a presidential candidate threw Armenia's election into disarray Friday, with the wounded victim saying he will call for a delay of the ... 

• 

  33 die in Mexico oil company office building blast

  A blast that collapsed the lower floors of a building in the headquarters of Mexico's state-owned oil company, crushing at least 33 people beneath ... 

• Google to set up $82M fund for French publishers

  Google will help French news organizations increase their online advertising revenue and also set up a €60 million ($82 million) fund to finance ... 

• US firm raises stake in Itay's UniCredit

  U.S. investment firm Blackrock has increased its stake in Italian bank UniCredit to become its second-largest shareholder. The Italian stock market ... 

• 

  Germany warns euro crisis not over

  Europe's efforts to solve its debt troubles won a vote of confidence Friday from the chairman of China's sovereign wealth fund, but Germany's finance ... 

• Blatter: FIFA reforms must apply worldwide

  Cleaning up world football depends on all 209 member countries and six continental confederations following FIFA's example, Sepp Blatter said Friday. 

• 

  APNewsBreak: Emirates agrees to 5-year PSG deal

  Emirates airlines has agreed to a new five-year shirt sponsorship deal in principle with Paris Saint-Germain, the big-spending French team which just ... 

• 

  Signs of firm US recovery trigger market gains

  Evidence that the U.S. economic recovery is firmly on track drove markets higher on Friday, adding to the cheer from good economic indicators out of ... 

• 

  Report: US job market looks surprisingly strong

  The U.S. job market is proving surprisingly strong and raising hopes that the economy will be resilient enough this year to withstand a budget ... 

• Premier: Polish image intact despite price fixing

  Poland's prime minister says he believes the discovery of corruption in the country's road construction sector should not hurt its standing in the ... 

• 

  Dutch state nationalizes SNS Reaal bank

  The Netherlands nationalized its fourth-largest bank on Friday, injecting €2.2 billion ($3 billion) to recapitalize SNS Reaal NV and head off any ... 

• Teenage hacker sentenced in UK for cyber-attacks

  A British court has sentenced a teenage hacker to youth rehabilitation after he and other members of the Anonymous movement carried out cyber-attacks ... 

• Germany aims to acquire armed drones

  Germany plans to join the ranks of countries that deploy armed drones on the battlefield — a move critics say would lower the threshold for foreign ... 

• 

  Spanish economy minister to testify in bank probe

  Spain's Economy Minister Luis de Guindos has been called by the National Court to testify in a probe into alleged fraud at one of the country's major ... 

• Maradona's lawyers warned over claims of tax win

  Italy's tax collection agency has threatened to sue lawyers for Diego Maradona who claimed he won his 20-year battle over tax debts. Maradona lawyer ... 

• Electrolux earnings up a third on strong sales

  Sweden-based Electrolux's fourth-quarter earnings rose by a third compared to a year earlier and full-year income in 2012 was up by 25 percent despite ... 

• Rare good news for eurozone economy

  Mention it quietly, but there were rare hopeful signs for Europe's struggling economy on Friday. Three pieces of economic news for the 17 European ... 

• Croatia credit rating cut to junk by Moody's

  Moody's Investor Service has cut Croatia's credit rating to junk status, citing a stalled economic recovery and low budget discipline, just months ... 

• 

  Greek dock workers extend strike

  Greek dock workers extended a 48-hour strike for a further two days on Friday, leaving ferries tied up in port over the weekend, while Athens doctors ... 

• Denmark school sentenced for fatal boat accident

  A Danish boarding school has been fined 250,000 kroner ($45,500) and its principal given a suspended 60-day prison sentence for a tragic rowing trip ... 

• 

  China poised to control strategic Pakistani port

  China is poised to take over operational control of a strategic deep-water Pakistani seaport that could serve as a vital economic hub for Beijing and ... 

• Oil slips closer to $97 ahead of US jobs report

  The price of oil slipped to near $97 a barrel on Friday after figures showed weak growth in China's manufacturing sector and as investors awaited a ... 

• TeliaSonera boss quits over Uzbekistan allegations

  The chief executive of TeliaSonera resigned Friday after an independent review on alleged bribery by the telecoms company found it had failed to ... 

• Daimler buys stake in Chinese automaker BAIC Motor

  German luxury automaker Daimler AG said Friday it is buying a stake in the passenger car unit of its main Chinese partner to expand its presence in ... 

• HSBC gets OK to sell $9.4B stake in Ping An

  HSBC says it has received approval from Chinese regulators for the sale of its $9.4 billion stake in Ping An Insurance to a Thai conglomerate.