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Archive: News / Biz / Business & Finance (23 Stories)

Finnair turns a profit in Q4 after cost cuts

02/08/2013 1:24am
Higher revenues and lower operational costs have helped Finnair PLC return to profit in the last three months of 2012.

Malaysia hopes for stronger exports growth in 2013

02/08/2013 1:32am
Malaysia's exports are expected to pick up this year after growing marginally last year amid global economic uncertainties, the trade ministry said Friday.

Norwegian Air's Dreamliners delayed

02/08/2013 2:16am
Norwegian Air Shuttle says Boeing has warned it of possible delays in the deliveries of its first 787 Dreamliner aircraft scheduled for April and June.

Singapore to expand airport with 4th terminal

02/08/2013 4:39am
Singapore plans to add a fourth terminal to its international airport, boosting the number of passengers it can handle to 82 million a year as low cost airlines burgeon in the region.

NYC, New England brace for up to 3 feet of snow

02/08/2013 5:07am
A storm poised to dump up to 3 feet of snow from New York City to Boston and beyond beginning Friday could be one for the record books, forecasters warned, as residents scurried to stock up on food and water and road crews readied salt and sand.

Madrid suburb chosen for Spain's EuroVegas resort

02/08/2013 6:23am
A multibillion-dollar "EuroVegas" casino resort will be built in the outskirts of Madrid, hopefully bringing much-needed jobs and investment, officials from Spain and Las Vegas Sands casinos said Friday.

Corruption scandal new worry for hard-hit Spain

02/08/2013 6:59am
It's not as though Spain doesn't have enough to worry about_ two years of recession, harsh austerity programs, sky-high unemployment and an unstable footing on the world's markets. Now comes a corruption scandal that has shaken the top levels of government.

Albania consider lower bidder in oil-and-gas sale

02/08/2013 9:13am
Authorities in Albania say they are considering a (EURO)298 million ($402 million) bid from China-based Win Business Petroleum Group Ltd. for the sale of the state-owned Albpetrol oil company.

Health Insurance Innovations stock climbs in debut

02/08/2013 9:21am
Shares of Health Insurance Innovations are rising on their first trading day after an initial public offering raised more than $65 million for the Web-based coverage provider.

Feds may expand Pontiac brake light recall

02/08/2013 9:45am
U.S. safety regulators are looking at expanding a small recall of Pontiac G6 midsize cars so it includes up to 550,000 vehicles.

News Summary: China Jan. trade soars

02/08/2013 10:29am
HAPPY NEW YEAR: China's trade growth surged in January. Exports soared 25 percent over a year earlier, as companies rushed to fill orders before shutting down for up to two weeks for Lunar New Year holiday. Import growth rocketed to 28 percent.

News Summary: China trade picks up, prices ease

02/08/2013 11:24am
ECONOMY IMPROVES: China's trade picked up and inflation eased in January as a shaky economic recovery gained traction.

Nissan quarterly profit dives on China sales slump

02/08/2013 2:21pm
Nissan Motor Co. reported a 35 percent plunge in October-December profit to 54.1 billion yen ($579 million) as global sales languished, especially in China, where anti-Japanese sentiment flared over a territorial dispute.

Constellation and Crown file motion in DOJ case

02/08/2013 2:56pm
Constellation Brands Inc. and Crown Imports filed a motion Friday to ensure that their interests are represented in the government's case against beer maker Anheuser-Busch InBev's proposed acquisition of Grupo Modelo.

Horsemeat scandal reaches Sweden

02/08/2013 3:03pm
Sweden on Friday became the newest European country to be hit by a widening meat products scandal, as frozen-food company Findus said it was recalling beef lasagna meals there after tests confirmed the products contained horsemeat.

Lay's test-crunches 3 fan-nominated chip flavors

02/08/2013 3:09pm
The next Lay's potato chip will taste like chicken and waffles. Or cheesy garlic bread. Or Sriracha, a hot sauce often used in Thai dishes.

News Summary: Lay's tests 3 chip flavors

02/08/2013 3:12pm
CHIPS OFF THE OLD BLOCK: The latest Lay's potato chip hitting stores next week will taste like chicken and waffles. Or cheesy garlic bread. Or Sriracha, a hot sauce often used in Thai dishes.

News Summary: US growth higher on more exports

02/08/2013 3:34pm
TRADE GAP SHRINKS: The U.S. trade deficit narrowed 21 percent in December from November to $38.6 billion because energy exports rose and oil imports plummeted. It was the lowest trade gap in nearly three years.

Google chairman to sell up to 3.2 million shares

02/08/2013 3:38pm
Google Executive Chairman Eric Schmidt plans to sell more than 40 percent of his stock in the Internet search leader this year.

News Summary: US wholesale stockpiles dip 0.1 pct.

02/08/2013 3:40pm
STOCKPILES DIP: U.S. wholesalers cut their stockpiles 0.1 percent in December after a 0.4 percent gain in November. The decline suggests businesses were cautious at the end of a weak quarter.

US airlines to halt Northeast flights

02/08/2013 3:41pm
Most airlines were giving up on flying in and out of New York, Boston and other cities in the Northeast Friday as a massive storm threatened to dump snow by the foot on the region.

Boeing warns that 787 deliveries could slip

02/08/2013 4:40pm
Boeing acknowledged Friday that it may not be able to deliver 787s as fast as hoped.

SEC nominee discloses A-list of former clients

02/08/2013 5:55pm
Mary Jo White, President Barack Obama's nominee to lead the Securities and Exchange Commission, has represented an A-list of banks and corporations that could raise conflict-of-interest questions during her confirmation hearing.
 
   
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