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  • Volkswagen 2nd quarter profit up but revenue slips

    Thursday, Jul 31, 3:24 am
    BERLIN (AP) -- Germany's Volkswagen, Europe's biggest automaker, says its net income rose 14.1 percent in the second quarter although revenues slipped even as unit sales pushed higher.Volkswagen... Read more...
  • Russia ordered to pay another $2.5 bln for Yukos

    Thursday, Jul 31, 3:00 am
    PARIS (AP) -- The European Court of Human Rights has ordered Russia to pay out nearly 1.9 billion euros ($2.5 billion) to shareholders of Yukos, the oil producer that the government had dismantled over... Read more...
  • Samsung earns $6.1 billion, shares plunge

    Thursday, Jul 31, 2:55 am
    SEOUL, South Korea (AP) -- Samsung earned $6.1 billion last quarter but investors were dissatisfied, sending its share price down 4 percent. The panoply of numbers in its earnings report for the April-June... Read more...
  • Adidas issues profit warning on Russia risks

    Thursday, Jul 31, 2:06 am
    BERLIN (AP) -- Sports equipment maker Adidas lowered its full-year profit target on Thursday, citing among other things increasing risk in the Russian market amid mounting political tensions over Ukraine.Russia's... Read more...
  • Alcatel loss narrows in 2Q

    Thursday, Jul 31, 1:18 am
    PARIS (AP) -- Telcommunications equipment company Alcatel-Lucent SA says its net loss narrowed in the second quarter thanks to lower accounting charges, while revenue stagnated and restructuring charges... Read more...
  • Siemens earnings up 27 pct in April-June quarter

    Thursday, Jul 31, 1:06 am
    BERLIN (AP) -- Siemens says its net profit rose 27 percent in the April-June period after earnings a year earlier were weighed down by restructuring costs, though the strong euro hurt its revenue and... Read more...
  • AB InBev earnings rise, sees US improving

    Thursday, Jul 31, 1:06 am
    AMSTERDAM (AP) -- Budweiser brewer AB InBev SA, the world's largest beer maker, says sales and underlying earnings grew in the second quarter, with 7.2 percent growth in Brazil, thanks in part to the... Read more...
  • Sony surprises with first quarter profit

    Thursday, Jul 31, 1:06 am
    TOKYO (AP) -- Sony Corp. reported a surprise eightfold jump in quarterly profit Thursday as sales got a perk from a cheap yen and its bottom line was helped by gains from selling buildings and its stake... Read more...
  • Sanofi 2nd quarter profit surges

    Thursday, Jul 31, 12:18 am
    PARIS (AP) -- French drug maker Sanofi said Thursday its earnings soared in the second quarter thanks to lower accounting charges than a year earlier, and the company lifted it full-year profit forecast.Sanofi... Read more...
  • Shell profit up on higher oil prices

    Wednesday, Jul 30, 11:42 pm
    AMSTERDAM (AP) -- Royal Dutch Shell PLC, Europe's largest oil company, says second quarter earnings rose on higher production and higher selling prices for oil, and fewer one-time charges.Net... Read more...
  • Congress cooperates _ and fights _ as recess nears

    Wednesday, Jul 30, 7:37 pm
    WASHINGTON (AP) -- Eager to begin a monthlong break, Congress leavened its customary heavy partisanship on Wednesday with a pinch of compromise, advancing legislation to repair the deeply troubled Department... Read more...
  • Whole Foods plans major marketing push

    Wednesday, Jul 30, 4:06 pm
    NEW YORK (AP) -- Whole Foods is getting ready to launch its first national marketing campaign and expand home delivery as it looks to fend off bigger players muscling into the organic and natural foods... Read more...
  • Business Highlights

    Wednesday, Jul 30, 2:42 pm
    ___A more vigorous US economy appears to be emergingWASHINGTON (AP) -- The U.S. economy has rebounded with vigor from a grim start to 2014 and should show renewed strength into next year.That... Read more...
  • Boeing will handle final assembly of 787-10 in SC

    Wednesday, Jul 30, 2:37 pm
    NEW YORK (AP) -- Boeing said final assembly of its 787-10 plane, a planned larger version of its "Dreamliner" aircraft, will take place in South Carolina.The company says the work will be done... Read more...
  • Ratings agency: Argentina in 'selective default'

    Wednesday, Jul 30, 2:18 pm
    NEW YORK (AP) -- Standard & Poor's says some Argentine bonds are in 'selective default' in what could be the start of a wave of downgrades amid a standoff between the South American country and some... Read more...
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