United Technologies sells power systems business
United Technologies Corp. is selling a former Goodrich Corp. electric power systems business for about $400 million to French aerospace manufacturer ...
Rosneft finalizes acquisition of TNK-BP
Russia's state-controlled Rosneft says it has sealed deals to gain control of TNK-BP and become the world's largest publicly traded oil producer.
Greek bailout program review hits snag
Inspectors from Greece's rescue lenders delayed a meeting with the prime minister which had been scheduled for Tuesday after talks stalled over tax ...
Cash-strapped Greece puts govt buildings on block
Greece's cash-strapped government detailed Monday its plans to sell 28 state-owned buildings on long-term lease, including tax offices, ministry ...
Key dates in Hugo Chavez's political life
Key events in Hugo Chavez's life: Feb. 4, 1992 — Army paratrooper Lt. Col. Chavez leads botched coup against President Carlos Andres Perez.
Germany's RWE to quit oil, gas production
German energy company RWE AG says it is has decided to abandon production of crude oil and natural gas and will consider options for selling its oil ...
Residents symbolically bury bankrupt Bosnian town
If a town is dying, doesn't it at least deserve a decent funeral? With candles, speeches and an obituary poster reading "Town of Drvar 1883 - 2013," ...
Nationalized ABN Amro sees 2012 profits rise
ABN Amro, the Dutch bank that was nationalized in 2008 to prevent a meltdown of the Netherlands' financial system, says profits rose 43 percent in ...
Argentine nationalization dents Repsol's profits
Spanish oil and gas company Repsol blamed the nationalization of YPF, its former Argentine unit, and a drop in the value of its oil inventories for ...
Ireland to end state guarantee to bank bondholders
The Irish government announced Tuesday it will no longer insure the bonds of its three surviving banks, ending an infamous chapter in the country's ...
Shell to buy Repsol LNG assets for $6.2 billion
Royal Dutch Shell says it has struck a deal with Spain's Repsol SA to buy Repsol's liquefied natural gas assets in Peru and Trinidad & Tobago in a ...
Conservative wins critical Cyprus presidency vote
Conservative candidate Nicos Anastasiades won Cyprus' presidency Sunday by one of the widest margins in 30 years, promising to do what it takes to ...
Ireland sells Irish Life to Canada's Lifeco
Ireland agreed Tuesday to sell the country's largest insurance company, Irish Life, to Great-West Lifeco of Canada for €1.3 billion ($1.75 billion) ...
Big protests in Spain against health care reforms
Thousands of demonstrators marched through the streets of 16 Spanish cities Sunday to protest plans to part-privatize the public health care system, ...
Shell, BASF offer millions in class action suit
Shell Brasil SA and BASF SA have offered more than $20 million to settle a class-action lawsuit with former workers allegedly contaminated at a ...
ING 4Q profits up, plans 2,400 job cuts
ING Groep NV, the bailed-out Dutch bank and insurance company, has announced plans to cut 2,400 jobs in Europe over the next two years as the company ...
Ahold selling stake in Scandinavian ICA stores
Dutch supermarket operator Royal Ahold NV says it has agreed to sell its 60-percent stake in Scandinavian retailer ICA for 21.2 billion krona ($3.
Albania consider lower bidder in oil-and-gas sale
Authorities in Albania say they are considering a €298 million ($402 million) bid from China-based Win Business Petroleum Group Ltd. for the sale of ...
Universal Music to sell Coldplay label to Warner
Universal Music Group is selling Parlophone — the label of acts like Coldplay, David Guetta and Radiohead — to Warner Music Group for 487 million ...
Liberty Global to buy Virgin Media for $16B
Liberty Global Inc., the cable TV operator controlled by media mogul John Malone, is buying U.K.-based Virgin Media Inc. in a $16 billion deal that ...
Volvo truck sales and profits plunge in Q4
Swedish truck maker AB Volvo saw profits tumble in the fourth quarter as sales slumped 17 percent on weakening demand in key markets, the company said ...
Fitch downgrades Dutch outlook to negative
Ratings agency Fitch has downgraded the Netherlands' outlook from stable to negative while reaffirming the country's AAA rating. The agency has cut ...
Icon to buy division of Cross Country Healthcare
Icon PLC plans to buy the clinical trial services division of Cross Country Healthcare Inc. in a deal potentially worth more than $55 million, as 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 ...
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 ...
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