http://www.mail.com/int/subjects/1328-corporate-news.html Mail.com - the best personalized free web-based Email en en http://sec-s.uicdn.com/mail.com/2.28/img/mailcom_logo_rss.png http://www.mail.com/int/subjects/1328-corporate-news.html http://www.mail.com/int/business/economy/2092522-ap-moller-maersk-posts-q1-profit.html COPENHAGEN, Denmark (AP) — 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 due to lower freight costs. The Copenhagen-based group says revenue for the first three months dropped 2 percent to 79.3 billion kroner ($13.7 billion) from 81.3 billion kroner. Ma... Fri, 17 May 2013 06:52:50 GMT http://www.mail.com/int/business/economy/2092522-ap-moller-maersk-posts-q1-profit.html 2013-05-17T06:52:50Z http://www.mail.com/int/news/europe/2090622-uk-court-jails-4-lulzsec-hackers-cyberattacks.html LONDON (AP) — Four young computer hackers who masterminded cyberattacks on targets from the CIA to Sony Pictures and Rupert Murdoch's News International were sentenced to up to 32 months in prison on Thursday. The hackers, who were affiliated with the group Lulz Security, had all pleaded guilty to hacking charges. Prosecutors say they also targeted the we... Thu, 16 May 2013 16:34:31 GMT http://www.mail.com/int/news/europe/2090622-uk-court-jails-4-lulzsec-hackers-cyberattacks.html 2013-05-16T16:34:31Z http://www.mail.com/int/business/economy/2090040-ratings-firm-warns-economic-slowdown-russia.html MOSCOW (AP) — Russia faces harsh times ahead for its economy unless the government improves the country's poor investment climate and implements long-delayed privatizations and reforms, U.S ratings agency Standard & Poor's has warned. Russia has seen more than a decade of largely uninterrupted economic growth, thanks to its lucrative oil and gas industrie... Thu, 16 May 2013 15:16:03 GMT http://www.mail.com/int/business/economy/2090040-ratings-firm-warns-economic-slowdown-russia.html 2013-05-16T15:16:03Z http://www.mail.com/int/business/markets/2088528-trade-group-slams-safety-pact-bangladesh.html NEW YORK (AP) — The largest U.S. retail-industry group on Wednesday criticized an international pact aimed at improving factory conditions in Bangladesh's garment industry, saying it was a "one-size-fits-all" approach promoted by special interests. The National Retail Federation's statement came as more global retailers signed on to the pact backed by abo... Thu, 16 May 2013 01:11:28 GMT http://www.mail.com/int/business/markets/2088528-trade-group-slams-safety-pact-bangladesh.html 2013-05-16T01:11:28Z http://www.mail.com/int/business/economy/2088450-daimler-unveils-flagship-mercedes-model.html FRANKFURT, Germany (AP) — 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 effort to restore its earnings performance. The new S-class sedan was shown off Wednesday in Hamburg, Germany. It has a taller grille that changes its exterior appearance, but the major... Wed, 15 May 2013 22:33:27 GMT http://www.mail.com/int/business/economy/2088450-daimler-unveils-flagship-mercedes-model.html 2013-05-15T22:33:27Z http://www.mail.com/int/business/economy/2087734-eu-investigation-oil-price-fixing.html 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 price-fixing. Here are some questions and answers on the investigation. — Which companies were raided and why? The EU Commission did not say which companies it is investigating. However, some firms have confirmed... Wed, 15 May 2013 17:07:14 GMT http://www.mail.com/int/business/economy/2087734-eu-investigation-oil-price-fixing.html 2013-05-15T17:07:14Z http://www.mail.com/int/scitech/health/2087664-us-approves-radiation-based-prostate-cancer-drug.html WASHINGTON (AP) — 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 bones. The FDA said Wednesday it approved the drug, Xofigo from Bayer Pharmaceuticals, for men whose cancer has grown into bone tumors even after receiving medication or surgery to lower te... Wed, 15 May 2013 16:31:21 GMT http://www.mail.com/int/scitech/health/2087664-us-approves-radiation-based-prostate-cancer-drug.html 2013-05-15T16:31:21Z http://www.mail.com/int/business/economy/2086838-greece-to-break-up-power-company-money.html ATHENS, Greece (AP) — Greece's conservative-led government on Wednesday announced plans to break up the state-run Public Power Corporation by 2016, as part of a privatization program demanded by the crisis-hit country's creditors. Government spokesman Simos Kedikoglou said that about 30 percent of PPC's resources would be spun off to create a rival compan... Wed, 15 May 2013 16:23:32 GMT http://www.mail.com/int/business/economy/2086838-greece-to-break-up-power-company-money.html 2013-05-15T16:23:32Z http://www.mail.com/int/sports/soccer/2086914-swiss-to-crack-business-sports-bribery.html GENEVA (AP) — The Swiss government wants to broaden its anti-corruption laws to make bribery a criminal offense in almost all cases. The move follows criticism from anti-graft advocates who claim Switzerland doesn't do enough to prevent bribery by businesses and international sports organizations based in the Alpine country. The Cabinet on Wednesday propo... Wed, 15 May 2013 11:15:20 GMT http://www.mail.com/int/sports/soccer/2086914-swiss-to-crack-business-sports-bribery.html 2013-05-15T11:15:20Z http://www.mail.com/int/business/economy/2086464-allianz-low-rates-to-earnings-under-pressure.html FRANKFURT, Germany (AP) — Low losses from natural disasters and higher prices in the key markets of Germany, Turkey and Latin America lifted profits at German insurance company Allianz SE during the first quarter. But Allianz did not increase its profit outlook for the rest of the year, saying Wednesday that record low interest rates will hold back profit... Wed, 15 May 2013 08:14:51 GMT http://www.mail.com/int/business/economy/2086464-allianz-low-rates-to-earnings-under-pressure.html 2013-05-15T08:14:51Z http://www.mail.com/int/business/economy/2083510-asia-stocks-up-us-small-business-mood-improves.html BANGKOK (AP) — Enthusiasm on Wall Street sparked by another positive report on the U.S. economy helped push most Asian stock markets higher Wednesday. The National Federation of Independent Business reported a slight improvement in confidence among small business owners in the U.S. in April. That helped boost the Dow Jones industrial average to close at a... Wed, 15 May 2013 05:22:40 GMT http://www.mail.com/int/business/economy/2083510-asia-stocks-up-us-small-business-mood-improves.html 2013-05-15T05:22:40Z http://www.mail.com/int/business/economy/2085986-chains-grapple-with-to-improve-safety.html NEW YORK (AP) — While several more global clothing chains on Tuesday were announcing that they agreed to a historic pact to improve factory conditions in Bangladesh, U.S. retailers were scrambling to come up with their own safety plans. A total of more than a dozen brands this week announced plans to sign a five-year, legally binding contract that require... Tue, 14 May 2013 23:04:39 GMT http://www.mail.com/int/business/economy/2085986-chains-grapple-with-to-improve-safety.html 2013-05-14T23:04:39Z http://www.mail.com/int/business/economy/2084648-eu-probes-oil-companies-price-fixing.html LONDON (AP) — European anti-trust authorities have launched investigations into at least three oil companies on suspicion of price-fixing. Britain's BP, Royal Dutch Shell and Norway's Statoil confirmed they are subject to the inquiry announced Tuesday by the European Union's executive arm, the Commission. Statoil said a raid at its headquarters in Stavang... Tue, 14 May 2013 18:11:53 GMT http://www.mail.com/int/business/economy/2084648-eu-probes-oil-companies-price-fixing.html 2013-05-14T18:11:53Z http://www.mail.com/int/business/economy/2084184-intesa-bank-q1-profits-62-percent.html MILAN (AP) — Italian bank Intesa SanPaolo says first-quarter earnings fell 62 percent due to lower interest income and higher loan losses. The bank reported Tuesday a net income of 306 million euros ($397 million) in the first quarter, down from 804 million euros last year. Still, the bank's shares rose 2.2 percent to 1.42 euros as the bank's performance ... Tue, 14 May 2013 15:14:58 GMT http://www.mail.com/int/business/economy/2084184-intesa-bank-q1-profits-62-percent.html 2013-05-14T15:14:58Z http://www.mail.com/int/business/markets/2083550-croatia-airlines-strike-pay-cuts.html ZAGREB, Croatia (AP) — Croatia Airlines pilots and flight attendants went on strike Tuesday over planned salary cuts and layoffs that are part of efforts to restructure the loss-making state carrier ahead of the country's European Union entry. The indefinite strike canceled some 25 international and domestic flights scheduled for Tuesday. Most of the pass... Tue, 14 May 2013 13:04:27 GMT http://www.mail.com/int/business/markets/2083550-croatia-airlines-strike-pay-cuts.html 2013-05-14T13:04:27Z http://www.mail.com/int/business/economy/2083534-economy-hurts-deutsche-post-dhl-freight-business.html FRANKFURT, Germany (AP) — Mail, express delivery and freight company Deutsche Post DHL saw its profits dip in the first quarter as the weak global economy saw companies ship fewer goods by air and after a large one-time gain in the year-ago quarter. Deutsche Post DHL made a net profit of 498 million euros ($647 million) in the first three months of the ye... Tue, 14 May 2013 11:06:55 GMT http://www.mail.com/int/business/economy/2083534-economy-hurts-deutsche-post-dhl-freight-business.html 2013-05-14T11:06:55Z http://www.mail.com/int/business/markets/2083978-visa-to-lower-card-fees-eu-antitrust-probe.html BRUSSELS (AP) — The European Union says Visa has agreed to reduce some credit card payment fees significantly to address concerns raised by the bloc's antitrust authority. The European Commission, which acts as the 27-nation bloc's competition watchdog, says Visa proposes to reduce its inter-bank fees for credit card payments to 0.3 percent of a transacti... Tue, 14 May 2013 11:04:01 GMT http://www.mail.com/int/business/markets/2083978-visa-to-lower-card-fees-eu-antitrust-probe.html 2013-05-14T11:04:01Z http://www.mail.com/int/business/economy/2083538-airbus-sales-drive-q1-profits-parent-company.html PARIS (AP) — European aerospace company EADS said strong deliveries by airplane maker Airbus helped drive higher earnings in the first quarter and laid out the hope that the new A350 long-range aircraft should make its first flight this summer. The Airbus parent company also reaffirmed Tuesday its forecast of lifting commercial aircraft deliveries this ye... Tue, 14 May 2013 11:00:18 GMT http://www.mail.com/int/business/economy/2083538-airbus-sales-drive-q1-profits-parent-company.html 2013-05-14T11:00:18Z http://www.mail.com/int/news/world/2083944-dutch-wont-charge-company-israeli-barrier-case.html THE HAGUE, Netherlands (AP) — In a blow to pro-Palestinian activists, Dutch authorities said Tuesday they will not prosecute a company on war crimes charges for renting out equipment to construct Israel's West Bank separation barrier. Dutch human rights lawyer Liesbeth Zegveld, who filed in 2010 on behalf of the Palestinian group al-Haq, said she was disa... Tue, 14 May 2013 10:26:25 GMT http://www.mail.com/int/news/world/2083944-dutch-wont-charge-company-israeli-barrier-case.html 2013-05-14T10:26:25Z http://www.mail.com/int/scitech/health/2083806-higher-prices-ms-drug-help-drug-firm-merck.html FRANKFURT, Germany (AP) — Higher prices for its multiple sclerosis drug Rebif helped German pharmaceutical and high-tech materials company Merck KGaA post a 54 percent rise in first-quarter profit. Merck also saw stronger sales of materials for liquid-crystal displays and raised its profit forecast, saying it would achieve its 2014 goals this year. Its op... Tue, 14 May 2013 09:47:51 GMT http://www.mail.com/int/scitech/health/2083806-higher-prices-ms-drug-help-drug-firm-merck.html 2013-05-14T09:47:51Z http://www.mail.com/int/business/economy/2081774-big-retailers-safety-accord-bangladesh.html NEW YORK (AP) — Some of the world's largest retailers have agreed to a first-of-its-kind pact to improve safety at some of Bangladesh's garment factories following a building collapse that killed more than 1,100 workers in the country last month. The move comes just days shy of a deadline imposed by workers' rights groups that said they would hold street ... Mon, 13 May 2013 23:34:46 GMT http://www.mail.com/int/business/economy/2081774-big-retailers-safety-accord-bangladesh.html 2013-05-13T23:34:46Z http://www.mail.com/int/news/world/2081262-search-ends-bangladesh-death-toll-1127.html SAVAR, Bangladesh (AP) — Several of the biggest Western retailers embraced a plan that would require them to pay for factory improvements in Bangladesh as the three-week search for victims of the worst garment-industry disaster in history ended Monday with the death toll at a staggering 1,127. Bangladesh's government also agreed to allow garment workers t... Mon, 13 May 2013 23:27:42 GMT http://www.mail.com/int/news/world/2081262-search-ends-bangladesh-death-toll-1127.html 2013-05-13T23:27:42Z http://www.mail.com/int/business/economy/2082154-hospital-to-probe-east-german-medical-trials.html BERLIN (AP) — Berlin's renowned Charite hospital said Monday it plans to investigate allegations that patients in communist East Germany were used as unwitting guinea pigs in medical trials for Western drug companies. Claims that the dictatorship allowed tests that would have been considered unethical or even illegal in the West were first made shortly af... Mon, 13 May 2013 19:18:06 GMT http://www.mail.com/int/business/economy/2082154-hospital-to-probe-east-german-medical-trials.html 2013-05-13T19:18:06Z http://www.mail.com/int/business/economy/2081424-virgin-america-posts-2012-loss-eyes-ipo.html Virgin America said it's close to turning around its financial losses and could be ready for an initial public offering as early as next year. The airline reported another annual loss on Monday, but it's aiming for a profit in the second half of the year after reworking debt it owes to Sir Richard Branson's Virgin Group and others. The improved finances s... Mon, 13 May 2013 11:21:20 GMT http://www.mail.com/int/business/economy/2081424-virgin-america-posts-2012-loss-eyes-ipo.html 2013-05-13T11:21:20Z http://www.mail.com/int/business/markets/2076456-nations-agree-to-chemical-ban-export-controls.html GENEVA (AP) — A summit on chemicals and hazardous wastes ended Friday with an agreement to globally phase out a widely used flame retardant and to accept stricter requirements for disclosing information about exports of four other chemicals. But participants fell short in their efforts to require more information and consent among nations trading in a con... Fri, 10 May 2013 19:51:27 GMT http://www.mail.com/int/business/markets/2076456-nations-agree-to-chemical-ban-export-controls.html 2013-05-10T19:51:27Z http://www.mail.com/int/business/economy/2077086-telecom-italia-fined-italys-antitrust-agency.html ROME (AP) — Italy's antitrust agency has fined Telecom Italia €103.79 million euros ($134.8 million), alleging that the Italian telecommunications company abused its dominant market position. The agency said Friday that a two-year investigation found that Telecom Italia abused its dominant position in the supply of local network and broadband access servi... Fri, 10 May 2013 17:03:10 GMT http://www.mail.com/int/business/economy/2077086-telecom-italia-fined-italys-antitrust-agency.html 2013-05-10T17:03:10Z http://www.mail.com/int/business/economy/2076230-iag-parent-ba-loses-630-euros-1q.html LONDON (AP) — International Airlines Group, which owns British Airways and Iberia, says it is still struggling to integrate the Spanish airline into its operations as it reported a deepening first-quarter net loss of 630 million euros ($827 million) compared to a 129 million euros loss last year. CEO Willie Walsh says that despite 10 days of industrial ac... Fri, 10 May 2013 16:41:07 GMT http://www.mail.com/int/business/economy/2076230-iag-parent-ba-loses-630-euros-1q.html 2013-05-10T16:41:07Z http://www.mail.com/int/business/economy/2075970-arcelormittal-affirms-2013-targets-despite-q1-loss.html AMSTERDAM (AP) — ArcelorMittal SA, the world's largest steelmaker, slumped to a first-quarter loss, even as the company's chief executive said restructuring efforts are starting to pay off and the steel market is stabilizing after a big reverse in the middle of last year. The Luxembourg-based company's business was hit by Europe's ongoing economic problem... Fri, 10 May 2013 13:30:21 GMT http://www.mail.com/int/business/economy/2075970-arcelormittal-affirms-2013-targets-despite-q1-loss.html 2013-05-10T13:30:21Z http://www.mail.com/int/business/economy/2076550-unicredit-1q-earns-drop-half.html MILAN (AP) — Italy's largest bank, Unicredit, reports net profit dropped by half in the first quarter of 2013 due to lower interest and trading income. The bank on Friday reported net profit for the first three months of the year was 449 million euros ($583 million), compared with 914 million euros last year. Still, the bank's shares rose 2.36 percent to ... Fri, 10 May 2013 13:18:31 GMT http://www.mail.com/int/business/economy/2076550-unicredit-1q-earns-drop-half.html 2013-05-10T13:18:31Z