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Recall costs slam brakes on GM profit
(MENAFN - AFP) General Motors Thursday reported slumping first quarter profits, dragged down by hefty recall charges that eclipsed a strong core operating performance.The largest US ....
European stocks close after upbeat earnings
(MENAFN - AFP) European stock markets closed on an upbeat note on Thursday as traders reacted to a string of earnings updates, data pointing to further easing of eurozone economic strains, and ....
French retailer faces legal action in wake of Bangladesh disaster
(MENAFN - AFP) Three organisations said Thursday they had filed a judicial complaint against French supermarket giant Auchan in the first such case in Europe in the wake of the deadly ....
Trade and travel ties grow for Cubans, Cuban Americans
(MENAFN - AFP) A rise in trade and travel is helping bridge a gulf that has divided Cubans from expats in Florida for more than half a century, experts said.Some experts say relations are better ....
E-cigarettes to be regulated under new US plan
(MENAFN - AFP) US regulators proposed new restrictions Thursday on the soaring $2 billion market in e-cigarettes, which until now have been free from federal oversight.The changes would also apply ....
American Airlines profitable in 1st quarter since deal
(MENAFN - AFP) American Airlines Thursday reported a profit in its first full quarter since acquiring US Airways, benefitting from lower fuel costs and a gain from the sale of some ....
Argentine congress OKs payoff to Repsol for YPF seizure
(MENAFN - AFP) Argentina's lower house of Congress approved a deal Thursday to compensate Spanish oil giant Repsol with $5 billion in bonds for the 2012 seizure of its subsidiary YPF.After 16 ....
Barclays says expects small fall in quarterly profit
(MENAFN - AFP) Barclays, struggling to restore its damaged image, said on Thursday it expected to announce a small drop in quarterly pre-tax profits when it formally updates the market next month. ....
Chinese clampdown on extravagant feasts hits Pernod Ricard sales
Caterpillar reports higher profits, warns of China, Ukraine risks
Turkey holds rates steady despite government pressure
GM profit plunges after recall costs
Iran, S. Korea to deepen trade ties
Pharma giant Novartis sees net profit jump 24
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