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7/29/2016 1:11:59 PM Mercedes to create 2,500 jobs at new 1bn euro Hungary plant AFP
(MENAFN - AFP) German luxury car maker Mercedes-Benz said on Friday it would spend one billion euros ($1.1 billion) on a large new factory in Hungary, creating around 2,500 jobs. The "convertible ...
7/29/2016 1:00:59 PM Eurozone slows amid Brexit worries AFP
(MENAFN - AFP) Growth in the eurozone slowed in the second quarter to 0.3 percent, official data showed on Friday, with analysts warning that the consequences of Brexit could harm the economy further ...
7/29/2016 1:00:32 PM ArcelorMittal Q2 profits sharply up AFP
(MENAFN - AFP) Global steel giant ArcelorMittal on Friday posted a sharp $1.1-billion (1.0-billion-euro) increase in second quarter profits, driven by rising steel prices and a one-off gain from a ...
7/29/2016 1:00:05 PM Turkey detains three top businessmen in probe after coup AFP
(MENAFN - AFP) Turkish authorities on Friday widened their post-coup crackdown to the business sector, detaining three top tycoons as part of investigations into the activities of US-based preacher ...
7/29/2016 11:04:30 AM Japan Airlines three-month profit more than halves AFP
(MENAFN - AFP) Japan Airlines said Friday its three-month net profit more than halved as savings from a decline in fuel costs could not make up for weak travel demand at home and abroad. Falling oil ...
7/29/2016 11:03:53 AM World's top brewer AB InBev stalls in Brazil AFP
(MENAFN - AFP) The world's top brewer AB InBev on Friday said its earnings took a hit in the second quarter on tough results in Latin America ahead of the Olympics in Rio. The Belgian-based ...
7/29/2016 11:03:19 AM Sanofi sticks to targets after profit drop AFP
(MENAFN - AFP) French pharmaceutical giant Sanofi on Friday posted a sharp drop in net profit in the second quarter, but said it was confident it would still meet its full-year target of stable ...
7/29/2016 11:02:32 AM Barclays posts sliding first-half profits AFP
(MENAFN - AFP) British bank Barclays saw first-half net profits tumble by almost a third, hit by non-core losses and an impairment at its French retail division, it said Friday. Turning to Britain's ...
7/29/2016 11:00:47 AM France reports 'disappointing' zero growth AFP
(MENAFN - AFP) French growth stagnated in the second quarter of the year, statistics bureau Insee reported Friday, a "disappointing" result that dashed hopes of a small economic expansion. France's ...
7/29/2016 11:00:27 AM Sony warns over falling sales, clings to profit AFP
(MENAFN - AFP) Sony on Friday cut its sales forecast for the current fiscal year, citing the impact of a surging yen and slower smartphone sales, as net profit also took a hit. But it managed to ...
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