Business news and stories by mail.com

Business

Manufacturer Pirelli has doubts over F1 future
Tire manufacturer Pirelli fears for its future in Formula One as time runs out to agree a new contract with teams for next season. Pirelli is ...
Turkey debates alcohol sales and ad restrictions
Turkish lawmakers on Thursday began debating a bill that bans all alcohol advertising and tightens restrictions on sales of such beverages — a ...
86 sentenced in Macedonia highway toll scam case
A criminal court in Macedonia's capital has sentenced 86 employees of a road management company to prison terms ranging from eight months to more than ...
La Scala scales back on productions due to crisis
La Scala has reduced the number of operas it will stage during the 2013-14 season due to Italy's economic crisis, the theater's general manager said ...
Portugal adds growth plan to austerity measures
Portugal's government says it will offer tax breaks to investors as the bailed-out country looks for ways to spur growth while continuing to cut the ...
Russian official reassures TNK-BP shareholders
Russia's deputy prime minister said Thursday that Rosneft's CEO has assured him the interests of disgruntled minority shareholders in oil firm TNK-BP ...
Court orders Atletico Madrid pay $13 million debt
A Spanish court has ordered Atletico Madrid to pay a media company 10 million euros ($13 million) after finding the club had breached a television ...
EU performs abrupt U-turn on olive oil regulation
The EU has something important to say about its proposal to regulate olive oil on restaurant tables: Uh, never mind. Last week, the European ...
Dutch arrest meat works owner in horse meat probe
Dutch authorities on Thursday arrested the director of a meat-processing and wholesale company whose business is at the center of an investigation ...
Hostages, gunfire in Kiev counterterrorism drill
Gunshots, smoke and helicopters have all been part of a counterterrorism drill in the center of the Ukrainian capital aimed at training the security ...
Oil down to near $93 on Chinese recovery concerns
The price of oil fell to near $93 a barrel on Thursday after a survey showed manufacturing activity in China falling to its lowest level in seven ...
Spanish region to seize first house from banks
Spain's southern Andalucia region has begun its first proceedings to seize confiscated houses from banks under a new anti-eviction law aimed at ...
Spain pays higher interest rates in bond auction
Spain has had to pay higher interest rates to auction off 4 billion euros ($5.2 billion) in governments bonds as financial markets were unnerved by ...
Polish man gets quick face transplant after injury
A 33-year-old Polish man received a face transplant just three weeks after being disfigured in a workplace accident, in what his doctors said ...
Asia stocks down as China factory output slips
Asian stock markets fell Thursday, weighed down by a contraction in China's manufacturing that adds to signs a shaky recovery in the world's No.
4 Americans killed since 2009 in US drone strikes
The Obama administration acknowledged for the first time Wednesday that four American citizens have been killed in drone strikes in Pakistan and Yemen ...
Ousted premier seeks return to power in Cayman
A former Cayman Islands premier who faces 11 criminal charges and was ousted from leadership last year went into Wednesday's general elections with ...
Brutal attack in London heightens terror fears
Two men with butcher knives hacked another to death Wednesday near a London military barracks and one then went on video to explain the crime — ...
Report: Crisis stoking anti-migrant bias in Europe
A top human rights group warned Wednesday that the plight of refugees and migrants fleeing wars and economic hardship is worsening in Europe as ...
IAEA report: Iran expands nuclear technology
The U.N. atomic agency on Wednesday detailed rapid Iranian progress in two programs that the West fears are geared toward making nuclear weapons, ...
Vatican releases 1st report of financial watchdog
The Vatican took another step Wednesday to show greater financial transparency by publishing the first annual report from its financial watchdog ...
Amid signs of turmoil, S Sudan says oil will flow
Following a lengthy Cabinet meeting, South Sudan's government spokesman said Wednesday that the country will continue to export oil through Sudan and ...
Trial for captain in deadly shipwreck in Italy
An Italian judge has ordered the captain of the Costa Concordia cruise ship to stand trial for manslaughter in the vessel's shipwreck off the coast ...