US: 18 charged in $200M global credit card fraud
Eighteen people have been charged in what may be one of the largest U.S. credit card fraud rings, a sprawling international scam that duped credit ...
Gun background checks drop 10 percent in January
The number of federal background checks for firearms sales declined in the U.S. last month, as retailers continue to run out of guns to sell during ...
'Horseburger' firm blames 170 tons of Polish meat
The Irish meat company at the center of Europe's "horseburger" scandal on Tuesday blamed the contamination of its hamburger patties on the purchase ...
Lawsuits contribute to big UBS loss in Q4
Switzerland's biggest bank, UBS AG, posted Tuesday a 1.9 billion francs ($2.1 billion) loss for the fourth quarter in the wake of a series of ...
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 ...
BP profit drops 79 percent in Q4 due to settlement
Oil and gas giant BP's profit fell nearly 80 percent in the fourth quarter in results released Tuesday, dragged down by payouts related to the Gulf ...
Takeover costs dent NYSE Euronext's Q4 profit
Costs related to its upcoming takeover and debt refinancing pushed net income at exchange operator NYSE Euronext down 75 percent in the fourth quarter ...
Stora Enso to slash 600 jobs despite Q4 profit
Nordic paper maker Stora Enso Oyj says that despite strong fourth quarter earnings it will slash 600 jobs due to the weak European economy.
KPN stock plummets as company to issue new shares
Investors in Royal KPN NV, the Netherlands' largest telecommunications company, saw the value of their shares drop by more than a fifth Tuesday after ...
Kerry warns of punishment for NKorea nuclear test
New U.S. Secretary of State John Kerry and his South Korean counterpart have agreed to make sure North Korea is punished if it carries out its threat ...
Asian markets fall after US, Europe declines
Asian markets fell Tuesday following declines on Wall Street and in Europe amid concern about the political outlook for Spain and Italy. Oil prices ...
Ireland: Test shows Polish 'beef' 75 pct horsemeat
Ireland's government announced Monday that DNA testing has confirmed that Polish meat offcuts imported into Ireland and labeled as beef actually ...
Commerzbank reports massive Q4 loss
Germany's Commerzbank says it expects bigger than expected losses for the final quarter of 2012 as large one-off charges wiped out earnings.
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 ...
Centrica ends plan to build UK nuclear plants
Centrica PLC, the owner of British Gas, is pulling out of plans to build four new nuclear power reactors in Britain, citing uncertainty over the ...
Iraq stock sale sign of investor confidence
An Iraqi telecom company raised nearly $1.3 billion Sunday on Baghdad's small stock exchange in one of the region's biggest share offers in years — ...
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 ...
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 ...
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 ...
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 ...
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 ...
Chinese automaker Geely buys maker of London cabs
The Chinese automaker that owns Sweden's Volvo Cars said Friday it has acquired the British manufacturer of the distinctive London cab. Geely Holding ...
BT profit down 1.6 percent as call revenue falls
U.K. telecommunications company BT said Friday that its net profit fell 1.6 percent to 484 million pounds ($767.7 million) in the third quarter amid ...
Attacked Algeria gas plant to partly resume work
The Algerian gas plant that was the scene of a hostage crisis that left dozens of foreigners and militants dead will soon be partially operational, ...
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