Shell continues liquefied natural gas push in US
Royal Dutch Shell PLC is continuing its push into liquefied natural gas with plans to build two plants that will serve LNG to ships and trucks around ...
Deutsche Post profit triples in 4th quarter
Fourth-quarter earnings at mail and express delivery company Deutsche Post DHL tripled compared with figures a year earlier that were hit by one-time ...
Toyota Europe seeks profits through efficiency
Toyota Europe will post for the first time in five years a profit from just its car business for the 2012 fiscal year thanks to cost-cutting and ...
Obama nominates 3 to Cabinet-level posts
President Barack Obama signaled his willingness to tackle climate change with his pick of Gina McCarthy to lead the Environmental Protection Agency, ...
Middle East is new global travel crossroads
It's 1 a.m. and the sprawling airport in this desert city is bustling. Enough languages fill the air to make a United Nations translator's head spin.
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," ...
Elan moves to deter takeover bid
Irish drug maker Elan Corp. announced Monday it will pay shareholders a recurring special dividend linked to the sales of the multiple sclerosis ...
HSBC profit drops after money-laundering fine
The HSBC banking group saw its net profits drop nearly 17 percent in 2012, as it counted the cost of a hefty U.S. fine it paid to settle ...
Elan to start dividend linked to Tysabri royalties
Irish drugmaker Elan Corp. says it will start offering a cash dividend linked to the performance of the multiple sclerosis treatment Tysabri.
European carmakers to get serious at Geneva show
The Geneva Motor Show has long had a reputation as one of the glitziest stops on the global auto show circuit — the place to unveil luxury models and ...
Chad's president: Al-Qaida chief killed in Mali
Chadian President Idriss Deby announced Friday that Chadian troops fighting to dislodge an al-Qaida affiliate in northern Mali killed one of the ...
New Mexico company: US may allow horse slaughter
U.S. officials have indicated they might soon grant an inspection needed to start processing horse meat at a southeastern New Mexico slaughterhouse.
Taco Bell, Icelandic pies drawn into meat scandal
Taco Bell is the latest restaurant chain to acknowledge that its food has been adulterated with horse meat, yanking a variety of ground beef products ...
Upbeat US survey helps stocks clamber off lows
Upbeat U.S. manufacturing figures Friday helped ease the selling in stock markets and gave the dollar a further boost despite nervousness over the ...
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 ...
IAG loses $1.2 billion amid Iberia problems
International Airlines Group, which owns British Airways and Iberia, lost €923 million ($1.2 billion) last year on restructuring costs and writedowns ...
French nuclear giant Areva loses $130M in 2012
France's state-controlled nuclear engineering giant Areva said Thursday that it lost €99 million ($130 million) last year but that it is making ...
Bailed-out RBS posts $9 billion annual loss
Part-nationalized Royal Bank of Scotland said Thursday it ended 2012 with massive losses after it set aside more cash to compensate customers who were ...
GM's Opel, employees seal deal on German plant
General Motors Co.'s Opel unit reached a deal with its employee council on Thursday to keep car production going at a troubled German plant until the ...
Caterpillar to cut 1,400 jobs at plant in Belgium
Construction equipment maker Caterpillar says it will cut more than one in three jobs at its Belgian plant because of high labor costs and sluggish ...
Deutsche Telekom Q4 net profit hits $1 billion
Deutsche Telekom saw net profit recover to €793 million ($1.04 billion) in the fourth quarter as the telecoms group declared it was "on the offensive" ...
Telefonica's profit falls to $5.14BN on write-offs
Spanish telephone company Telefonica said Thursday its net profit last year plunged 27.3 percent to €3.9 billion ($5.14 billion), driven lower by a ...
Bankia posts biggest loss in Spanish history
Bailed-out Bankia on Thursday posted a full-year net loss of €19.2 billion ($25.2 billion), the biggest ever suffered by a Spanish company, after the ...
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 ...
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