BP says oil spill compensation fund running out
British energy giant BP admitted on Tuesday that its $20 billion (15 billion euro) fund to compensate victims of the 2010 US oil spill disaster has almost run out of cash.
British energy giant BP admitted on Tuesday that its $20 billion (15 billion euro) fund to compensate victims of the 2010 US oil spill disaster has almost run out of cash.
Environment
Jul 30, 2013
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Samsung Electronics Co. reported record quarterly profit Friday but its shares tumbled on doubts its mainstay smartphone business can maintain rapid growth.
Business
Jul 5, 2013
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Google on Thursday reported a surge in quarterly profit to $2.79 billion on the back of rising online advertising revenue, beating Wall Street expectations.
Business
Jul 19, 2012
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(AP) -- Online retailer Amazon.com reached an agreement with Texas officials Friday to settle a sales tax dispute by expanding operations in the state and starting to collect sales taxes.
Business
Apr 27, 2012
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German semi-conductors giant Infineon said on Tuesday a strong fourth quarter had enabled it to meet its goals for the year just ended, but warned of falling sales in the current quarter.
Business
Nov 12, 2013
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Japan's electronics giants Sony and Sharp on Thursday indicated better times ahead after announcing improved quarterly results thanks to an overhaul of their businesses and a weaker yen.
Business
Aug 1, 2013
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(AP) -- Intel's fourth-quarter earnings breezed past Wall Street's expectations, and its rosy profit outlook for 2010 was another sign that a lasting recovery for the recession-battered personal computer market is under way.
Business
Jan 14, 2010
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Sharp shares jumped nearly 13 percent in Tokyo trading on Friday after a Japanese media report said the embattled electronics giant logged an operating profit in the last quarter of 2012.
Business
Jan 11, 2013
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MasterCard says its third quarter profit rose 14 percent as it processed more payments.
Business
Oct 31, 2013
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Finnish mobile phone maker Nokia said Wednesday it had finalised the purchase of German engineering giant Siemens' 50 percent stake in Nokia Siemens Networks, and changed the company's name.
Business
Aug 7, 2013
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