Italy's ENI sells Africa gas stake to China
03/15/2013 1:49am
Italian oil producer ENI says it has sold a 20 percent stake in a gas field in Mozambique in southern Africa to China's biggest state-owned energy company for $4.2 billion.
Greek anarchists claim bombing, threaten attacks
03/15/2013 7:12am
A militant anarchist group has claimed responsibility for a bombing at a package shipping firm in Greece, and is threatening further attacks on judges, police and prosecution witnesses in a terrorism trial.
Europe eases the austerity whip _ a little
03/15/2013 7:13am
Three and a half years into its government-debt crisis, there are signs that Europe is adopting a gentler approach toward austerity.
IMF says Europe's banking sector still fragile
03/15/2013 10:17am
Europe's banks are still fragile and the European Union has a way to go to make them stable, the International Monetary Fund said Friday in its first assessment of the continent's financial sector.
Ford CEO's pay falls to $20.95 million in 2012
03/15/2013 10:24am
Ford Motor Co. CEO Alan Mulally's compensation fell 29 percent to $20.95 million in 2012 as the company's board weighed record North American profits and quality improvements against heavy losses in Europe and lower market share in the U.S. and elsewhere.
Citigroup pays new CEO Corbat $12.4M in 2012
03/15/2013 12:21pm
Citigroup awarded its new CEO, Michael Corbat, a total of $12.4 million last year.
Toyota recalls 209,000 FJ Cruisers
03/15/2013 12:27pm
Toyota Motor Corp. is recalling 209,000 FJ Cruiser SUVs because their front seatbelt retractors could fall off.
2 Va. execs plead guilty in $30M contract fraud
03/15/2013 12:59pm
Chief executives at two Arlington contracting firms have pleaded guilty to more than $30 million in contract fraud by falsely presenting a company as a minority-owned business.
LOT's grounded 787s set to fly this summer
03/15/2013 1:35pm
Poland's state-owned airline said Friday that its two grounded Boeing 787 Dreamliners may be among the first to resume flights, possibly in the summer.
Japan to join talks on Pacific trade pact
03/15/2013 1:39pm
Prime Minister Shinzo Abe announced Friday that Japan will join talks on a Pacific trade pact that would oblige the country to open up sheltered industries including farming, long a bastion of protectionism.
Ex-JPMorgan execs pressed about trading loss
03/15/2013 2:19pm
Two former high-ranking executives at JPMorgan Chase faced tough questions from senators Friday about why the bank played down risks and hid losses from regulators when it was losing billions of dollars.
Wells Fargo awards CEO Stumpf $19.3M last year
03/15/2013 3:00pm
Wells Fargo CEO John Stumpf got a pay package worth $19.3 million last year, 8 percent more than he received in 2011, when his compensation deal made him one of the highest paid CEOs in the U.S.
DuPont boosts compensation for CEO in 2012
03/15/2013 3:28pm
DuPont Co. chairwoman and CEO Ellen Kullman received compensation valued at more than $12.7 million last year, a 5 percent increase from the $12.3 million she received in 2011, according to an Associated Press review of a company filing with financial regulators.
Carnival returns to profit; travelers fear mishaps
03/15/2013 3:50pm
The world's largest cruise line has suffered through a number of high-profile mishaps. Yet passengers continue to book vacations thanks to discounts, albeit at a slower pace.
Nigeria summons US official over tweets on pardon
03/15/2013 4:07pm
Nigeria's foreign ministry summoned a top U.S. diplomat Friday night over an issue of national importance _ on Twitter.
SAC affiliate pays $600M to settle trading charges
03/15/2013 5:27pm
Two affiliates of SAC Capital Advisors, the hedge fund run by billionaire Steven Cohen, will pay more than $614 million in what federal regulators are calling the largest insider trading settlement ever.
Boeing boosted CEO's 2012 pay 15 percent
03/15/2013 5:59pm
Boeing CEO Jim McNerney's compensation rose 15 percent last year to $21.1 million, as the company rewarded him for better-than-expected profits and faster airplane production.
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