President Umaru Musa Yar'Adua of Nigeria has visited the town of Yenagoa in the Niger Delta...

In Italy, it has been announced that John Elkann will become the new head of Fiat, at the age of...

A new multi-billion dirham real estate development has been announced for Sowwah Island in Abu Dhabi....

Cairo based companies, Egypt Capital Trust and Misr International Securities have been taken over by leading international investment firm Global Investment...

British Airways has ignited fresh speculation over the continuing role of Willie Walsh, the airline's chief...

Venezuela and China have signed deals for a joint venture to produce oil in Venezuela's Orinoco area to supply a new 400,000-barrel-a-day refinery that will be built in China....

Gas-rich Qatar has signed deals to build a US$3.8 billion-dollar desalination and power...

Australia’s Federal Budget, which will be handed down on Tuesday, will include higher taxes for luxury...

By ALEX VEIGAAP BUSINESS WRITER LOS ANGELES -- IndyMac Bancorp Inc. swung to a loss in the first quarter as deteriorating credit markets forced the mortgage lender to lower the value of...

Fortune 500 ), Blimpie International Inc. and Subway. Recently, the company offered Camille's Sidewalk Cafe, a Tulsa, Okla.-based chain offering healthy fast food, to begin franchising its brand...

has hired a new general counsel. Jane Sherburne, currently general counsel for Citigroup's global consumer group, will assume the new role this summer. She will succeed Mark Treanor, who will...

Windows XP Service Pack 3 (SP3), according to a company support document.The document also showed that the "endless reboot" problem some users have reported after installing XP SP3 was neither...

LONDON – Oil prices retreated Monday from last week's record close near $126 a barrel as the dollar strengthened against the euro and yen. Light, sweet crude for June delivery dropped $1.32...

NEW YORK – Wall Street fluctuated in a narrow range Monday, giving up a modest early advance as oil prices ticked lower and the dollar rose. The market's concerns about rising inflation and...

landmark 899 million euro fine was the culmination of the European Commission's 2004 decision to require Microsoft to change its practices for the sake of fair competition in the EU. The Commission...

NEW YORK (Reuters) - The banks that had been trying to pull out of the funding for the $20 billion buyout of Clear Channel Communications...

NEW YORK (AP) -- Treasury prices rose Monday as fixed-income investors secured positions before a number of key economic reports to be released in the coming...

Bill & Melinda Gates Foundation , the organization announced Monday.Raikes will take the reigns from Patty Stonesifer, also a former Microsoft executive, who has served as CEO for the foundation...

Research ), one of the largest independent U.S. mortgage lenders, posted a first-quarter loss on Monday as it wrote down bad mortgages and grappled with the cost of cutting jobs and closing...

Research ) Chief Executive Kennedy Lewis on Monday told investors his hard-hit U.S. regional bank was cutting back corporate and investment bank jobs to reduce costs amid the ongoing market...

Filling basket is a pricier business A basket of 24 common supermarket items such as tea bags, potatoes and pasta sauce costs 19.1% more than it did 12 months ago, according to a survey.The...

All BusinessWire news Connecticut Water Service, Inc. (NASDAQ GS: CTWS) announced that net income in the first three months of 2008 totaled $1.7 million, or $0.20 per basic common share. During the...

Not for the first time, and probably not for the last, Wall Street is wondering just what the Dolans are thinking. Like many actions taken by the Dolans, the family that controls Cablevision...

, a computer produced by an American team, appeared in 1944 and is still occasionally cited as the first of its kind. Complicating Zuse's claim of priority, an air raid destroyed his computer, as...

TOKYO/SHANGHAI - Toyota Motor Corp. on Monday suspended production at a 13,000-units-a-year joint venture plant in Chengdu, southwestern China, after a powerful earthquake struck, killing more than...

The RMT said maintenance and signalling staff will vote over the next week in two separate disputes.The result of both ballots will be known on May 22 and strikes could start a week later, at the...

LONDON - British economic data published Monday has heightened inflation worries, reducing the prospect of a fresh interest-rate cut by the Bank of England in June, analysts...

All Associated Press news McLEAN, Va. (AP) - XM Satellite Radio Holdings Inc. said Monday that its first-quarter loss widened by nearly 6 percent while revenues jumped by 17 percent.XM, which is...

All Associated Press news WESTPORT, Conn. (AP) - Holding company Compass Diversified Holdings Inc. said Monday it swung to a loss on higher sales costs and other expenses.The company reported a loss...

By V. Phani Kumar Asian markets ended mostly higher Monday, reversing course after dropping earlier in the session, with Japanese shares lifted by exporters such as Nikon Corp. on a pullback in...

NEW YORK (Reuters) - Cablevision Systems Corp sealed a $650 million deal to buy 97 percent of Newsday Media Group from Tribune Co, the companies said on Monday, after Rupert Murdoch's News Corp...

All PR Newswire news SAO PAULO, Brazil, May 12 /PRNewswire-FirstCall/ -- Sul America S.A. (Bovespa: SULA11) announces its results for the first quarter of 2008 (1Q08). The Company's operating and...

Subscribe to Portfolio magazine Apple is close to announcing it has signed a deal to sell HBO programs and movies on the iTunes website, according to HBO employees involved in executing the...

All Associated Press news NEW YORK (AP) - Ivanhoe Energy Inc., a Canadian oil and gas company, said Monday its first-quarter loss widened, as a drop in production offset higher oil prices.For the...

All BusinessWire news Alliance Laundry Holdings LLC announced today results for the three months ended March 31, 2008. Net revenues for the quarter ended March 31, 2008 increased $13.4 million,...

All Associated Press news NEW YORK (AP) - Shares of Capstone Turbine Corp. gained sharply on Monday after a Merriman Curhan Ford analyst started the company with a "Buy" rating, predicting widespread...

All Associated Press news NEW YORK (AP) - Shares of Standard Pacific Corp. plummeted Monday after the homebuilder said its first-quarter loss widened on hefty impairment charges.The stock of the...

LITTLE ROCK, Ark. – Pollo Campero, a Latin American fried-chicken favorite that had been seen in the U.S. only in takeout boxes aboard arriving flights, has teamed up with Wal-Mart to expand...

LONDON: Microsoft Corp has launched a new online service in 20 countries which will allow users to watch video clips at the same time as a network of friends and chat via Windows Live...

All Associated Press news LINCOLN, Neb. (AP) - Student lender Nelnet Inc. said Monday it swung to a loss in the first quarter, hurt by restructuring-related charges, a loss on the sale of loans and a...

-- First quarter results were of Ps. 26.6 million. Adjusted for net losses of Ps. 24.2 million from swaps related to the market value of BH's shares, net income would have been of Ps. 50.8...

Tongxin International Ltd. (Successor Company of Asia Automotive Acquisition Corporation) Reports Financial Results for Its Fiscal 2008 First Quarter Ended March...

Manama, May 12 (bna) -- Prime Minister Shaikh Khalifa Bin Salman Al Khalifa Received Today Chief Executive Officer Of American Express Middle East And North Africa Strevor Stokes And His...

Skins: MSN's instant messenger TV service will feature clips from the Channel 4 show. Photograph: Channel 4 Microsoft has struck deals with EMI and Channel 4 to provide a range of content,...

Mike Sachoff - Mon, 05/12/2008 - 9:30am. Seeking clarity from court Microsoft said it is appealing a record $1.39 billion (899 million euro) fine from the European Commission for using high prices to...

NEW YORK (Reuters) - Stocks edged higher on Monday as the dollar rose toward a two-month peak, helping push the price of oil below record highs and as...

NEW YORK (AP) -- Cablevision Systems Corp. is buying the Long Island-based newspaper Newsday from Tribune Co. for $650 million, the companies announced...

A strong yen is taking a toll on Nikon's camera business, even as the company faces increasing competition on its home turf from Netherlands-based rival ASML...

All Associated Press news DALLAS (AP) - Regency Energy Partners LP swung to a first-quarter profit as higher gas sales and the inclusion of acquired properties drove revenue higher.The Dallas company...

LONDON (Reuters) - Stock index futures edged up early on Monday, suggesting a Wall Street open in line with robust global equities, as a stronger dollar depressed crude...