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(MENAFN - AFP) Archaeologists have identified the remains of four men who were among the leaders of an early English settlement in Virginia's Jamestown.

It took years for scientists to identify the poorly preserved bones belonging to an Anglican priest and three military officials.

They were found in what is believed to be the oldest Protestant church in the modern-day ...

 
(MENAFN - AFP) Japan has been grappling with a severe butter shortage that critics say highlights a bigger problem with the country's protected agricultural sector, a key sticking point in high-profile trade talks this week in Hawaii.

The United States, Japan, and 10 other Pacific Rim countries are looking to finalise the most ambitious trade deal in decades, a vast free-trade ...

 
(MENAFN - AFP) Shanghai stocks recovered Wednesday after plunging more than 11 percent in the past three sessions but there were mixed results for other Asian markets, with some unable to sustain a morning rally.

Buyers were given a healthy lead from Wall Street, which climbed Tuesday for the first time after five sessions of losses as dealers await a key US Federal Reserve ...

 
(MENAFN - AFP) Volkswagen, which recently pipped Toyota for the world's biggest automaker title, lowered its global sales forecast for 2015 Wednesday citing weaker demand from China and other key markets.

The group based in the northern German city of Wolfsburg with a stable of 12 brands said turnover would stagnate this year, revising an outlook for a "moderate" increase ...

 
(MENAFN - AFP) French oil giant Total on Wednesday announced a 4.0 percent slide in net profit in the second quarter while increased output, costs savings and improved refinery margins helped offset plunging oil prices.

The group said it would exceed its projected $1.2 billion (1.09 billion euros) in cost savings this year, adding that it sold off 20 percent of its Laggan-Tormore ...

 
(MENAFN - AFP) Japan's Hitachi said Wednesday its net profit surged 31.3 percent in the April-June quarter, aided by a sharp drop in the yen, cost cuts and strong results in its auto and railway divisions.

The vast conglomerate booked net income of 54.9 billion yen ($445 million) for the first quarter of the fiscal year, up from 41.8 billion yen a year earlier.

Sales ...

 
(MENAFN - AFP) Japanese electronics giant Panasonic said Wednesday that its net profit soared 57 percent from a year ago, mainly thanks to a tax accounting change as the electronics giant continues to reshape its business.

The Osaka-based firm's earnings for the three months to June surged to 59.52 billion yen ($482 million), while operating profit edged down seven percent ...

 
(MENAFN - AFP) Nissan on Wednesday said net profit for the three months to June soared 36.3 percent to $1.3 billion on strong sales in North America and key market China.

Japan's number-two automaker said its quarterly net profit reached 152.8 billion yen ($1.3 billion), while operating profit jumped 58.0 percent to 193.7 billion yen.

Sales jumped 17.6 percent to 2.90 ...

 
(MENAFN - AFP) Japanese video game giant Nintendo said Wednesday it swung to a $67 million net profit in the three months to June, owing to a jump in console sales and a weaker yen.

The company, whose chief executive Satoru Iwata died of cancer at the age of 55 this month, said its 8.28 billion yen net profit reversed a loss of 9.92 billion yen a year earlier.

It said ...

 
(MENAFN - AFP) Barclays increased net profits by 43 percent in the first half as cost-cutting and higher revenue offset provisions for settling a series of scandals, the troubled British bank announced Wednesday.

Barclays, which earlier this month sacked chief executive Antony Jenkins, said profit after tax increased to £1.611 billion ($2.512 billion, 2.275 billion euros) ...

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