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(MENAFN - AFP) French oil group Total reported Wednesday it suffered a profit and production setback in the second quarter, but said it expected output to rebound despite uncertainty over the impact of sanctions on Russia.

The key quarterly net profit on a current cost basis, excluding the effects of changes in inventory values, fell by 12.0 percent to $3.15 billion (2.3 ...

 
(MENAFN - AFP) Britain's scandal-hit Barclays bank posted a 68-percent jump in first-half net profits on Wednesday, as it pushed ahead with a major restructuring that will shrink its investment bank division.

Earnings after taxation surged to £1.13 billion ($1.9 billion, 1.4 billion euros) in the six months to June, from £671 million a year earlier, Barclays said in a results ...

 
(MENAFN - AFP) German chemicals and pharmaceuticals giant Bayer, maker of Aspirin painkiller, said on Wednesday its net profit surged 13 percent in the second quarter but disappointed expectations due to the strength of the euro.

Net profit for the period from April to June jumped to 953 million euros ($1.28 billion), boosted by demand for new drug lines and fertilisers.

Analysts ...

 
(MENAFN - AFP) Asia's markets mostly rose Wednesday, extending a recent rally, with a weaker yen boosting Tokyo while investors await the release this week of key US data and the Federal Reserve's policy meeting.

The US and Europe's imposition of fresh sanctions on Russia left Wall Street in negative territory, while the euro struggled at eight-month lows against the dollar ...

 
(MENAFN - AFP) Eyes fixed on a screen, joystick in hand, the operator of a remote-controlled saw painstakingly dismantles metal rods at one of Germany's mothballed nuclear reactors.

Time-consuming and costly, the operation to methodically carve up the core of EnBW's Obrigheim reactor in the country's southwest is now more than half way through.

In total, 275,000 tonnes ...

 
(MENAFN - AFP) McDonald's restaurants in Japan are turning to time-honoured Asian soul food - tofu - as the chain scrambles to minimise the damage from an embarrassing tainted meat scandal in China.

The fast-food giant's more than 3,000 restaurants in Japan on Wednesday started selling "Tofu Shinjo" nuggets modelled on a traditional side dish that meshes tofu, vegetables ...

 
(MENAFN - AFP) British lender Barclays said Wednesday that first-half net profits surged 68 percent, despite a poor performance at its investment banking division.

Earnings after taxation hit £1.13 billion ($1.91 billion, 1.43 billion euros) in the six months to June, compared with £671 million a year earlier, Barclays said in a results statement, but added that the investment ...

 
(MENAFN - AFP) Microsoft said Wednesday it seeks to comply with Chinese law, after Beijing announced an anti-monopoly investigation of the US technology giant over its business practices.

"Microsoft complies with the laws and regulations of every market in which we operate around the world and we have industry leading monitoring and enforcement mechanisms in place to ensure ...

 
(MENAFN - AFP) Malagasy mother Solange left the island in 2013 eager to work as a domestic servant in Saudi Arabia and earn a better living for her family. Less than a year later she was dead, her body flown home to a husband asking questions about her slave-like work conditions in the Middle East.

"During our last phone call she said 'I don't know where I am, nor the address. ...

 
(MENAFN - AFP) Lebanon's civil war ended a quarter of a century ago but its filmmakers remain fixated on this dark period, seeing their movies as a kind of catharsis to help heal collective trauma.

The industry's focus contrasts sharply with a society that has yet to come to terms with its devastating past, where war has marked the last five generations - and each community, ...

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