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Corporate news

  • Extremists claim responsibility for Niger attacks

    Suicide bombers in Niger detonated two car bombs simultaneously, one inside a military camp in the city of Agadez and another in the remote town of ... 

  • 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 ... 

  • 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 ... 

  • 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 ... 

  • Glaxo, US partnering to develop new antibiotics

    GlaxoSmithKline PLC says it's starting an unusual collaboration with the U.S. government to develop several antibiotics for both bioterrorism threats ... 

  • Italy seizes 1.2 billion euros from steel family

    Milan prosecutors have ordered the seizure of 1.2 billion euros ($1.5 billion) in assets belonging to the family that runs a troubled steel plant in ... 

  • Burberry's profit hit by perfume deal's demise

    British luxury brand Burberry said Tuesday that rapidly improving business in developing markets was offset by the end of a perfume licensing deal, ... 

  • Does France have right plan to revive its economy?

    The man charged with reviving France's shrinking economy and attracting businesses to invest here is gaining a reputation for doing the opposite. 

  • Vodafone annual profits up 1.9 percent

    U.K.-based mobile telecoms company Vodafone has reported a 1.9 increase in annual profits despite a slowdown in much of its European operations. 

  • Head of embattled G4S security force retires

    The chief executive of security firm G4S is to retire after a tumultuous year that saw the company fail to fulfill its Olympic contract. The company ... 

  • Brits buy lease to Broadway's biggest theater

    Britain's biggest theater group has reached across the Atlantic Ocean and bought the lease to Broadway's largest theater from Live Nation ... 

  • Ryanair keeps growing, reports record profits

    Ryanair reported record profits Monday as Europe's largest budget airline expanded its route network across the continent and into North Africa. 

  • Ex-Saab executives arrested on accounting charges

    A Swedish prosecutor says three former executives of automaker Saab Automobile AB have been arrested on accounting fraud charges. Prosecutor Olof ... 

  • NBC hires news division chief from Britain

    NBC has gone out of the company and out of the U.S. to find a president for its news division, naming the first woman to hold the top job at its news ... 

  • Actavis buying Warner Chilcott in $8.5B deal

    Actavis is buying Warner Chilcott in an all-stock transaction valued at about $8.5 billion which would create the third-biggest specialty ... 

  • Russian TV: American accused of spying flies out

    The U.S. Embassy employee accused of spying in Moscow flew out of Russia on Sunday, five days after he was ordered to leave the country, NTV ... 

  • AP Moller-Maersk posts Q1 profit

    Denmark's shipping and oil group A.P. Moller-Maersk says its first quarter earnings ticked up 13 percent to 9.5 billion kroner ($1.6 billion), partly ... 

  • UK court jails 4 Lulzsec hackers for cyberattacks

    Four young computer hackers who masterminded cyberattacks on targets from the CIA to Sony Pictures and Rupert Murdoch's News International were ... 

  • Vladimir Putin

    Ratings firm warns of economic slowdown in Russia

    Russia faces harsh times ahead for its economy unless the government improves the country's poor investment climate and implements long-delayed ... 

  • Trade group slams safety pact for Bangladesh

    The largest U.S. retail-industry group on Wednesday criticized an international pact aimed at improving factory conditions in Bangladesh's garment ... 

  • Daimler unveils new flagship Mercedes model

    Daimler AG has unveiled the newest version of its S-Class model from luxury brand Mercedes-Benz, a car that will play a key role in the company's ... 

  • A look at EU investigation of oil price fixing

    The European Union's executive arm, the Commission, on Tuesday said it had raided the offices of a number of oil industry companies for possible ... 

  • US approves radiation-based prostate cancer drug

    The U.S. Food and Drug Administration has approved a new injectable drug that uses radiation to treat advanced prostate cancer that has spread to the ... 

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