(MENAFN - AFP) Japan's factory output contracted a worse-than-expected 0.6 percent on-month in July, official data showed on Monday, owing to lacklustre demand at home and as a slowdown in China weighs on exports.
The reading published by the industry ministry was weaker than the median forecast for a modest 0.1 percent rise in a survey of economists by Bloomberg News.
(MENAFN - AFP) Britain's Rolls-Royce is cooperating with investigators in a massive corruption scandal at Brazilian state oil giant Petrobras, a spokesman said on Sunday.
The engineering company confirmed it had been contacted by investigators involved in the probe, which has engulfed Brazil's political and business establishment amid allegations of a massive kickbacks scheme.
(MENAFN - AFP) "Straight Outta Compton" grabbed another top spot on weekend ticket sales charts, according to estimates Sunday, extending the rap film's rule over the North American Box office for its third week running.
The film about pioneering rap group N.W.A. took in some $13.2 million in sales, box office tracker Exhibitor Relations said. It was half the haul "Straight ...
(MENAFN - AFP) Italian energy giant Eni on Sunday announced the discovery of the "largest ever" offshore natural gas field in the Mediterranean, in Egypt's territorial waters.
The discovery, confirmed by Egypt's oil ministry, could hold a potential 30 trillion cubic feet (850 billion cubic metres) of gas in an area of about 100 square kilometres (40 square miles), Eni said ...
(MENAFN - AFP) France's government and unions Sunday called on the head of telecoms equipment maker Alcatel-Lucent to renounce reported bonuses of some 14 million euros he could receive after the firm was swallowed up by its rival Nokia.
Michel Combes, who has headed the French-American company since 2013, is due to step down as part of a 15.6-billion-euro ($17.4billion) ...