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Profits plunge in Q2 for Sweden's Ericsson

(AP) — Swedish wireless equipment maker LM Ericsson saw its second-quarter profits slashed to almost a third as sales of network infrastructure slowed in China and Russia and the company focused on the more stable — ...

'El Huffington Post' launches in Spain

El Huffington Post opened in Spain on Thursday, poking fun at the government's handling of the economic crisis in typically irreverent style for the growing news and blogging empire.

Embraer to team up with Brazil telecoms in space plan

Brazil's leading planemaker Embraer signed a shareholding agreement Tuesday with Telebras, the country's state-owned telecom provider, to set up a joint venture to launch a communications satellite.

Chile supreme court halts Patagonia dam project

Chile's supreme court has halted construction on the Rio Cuervo hydroelectric project in the country's remote and pristine Patagonia region, after accepting an appeal from environmental groups.

Shell says two new leaks on Nigerian pipeline

Oil giant Shell on Monday said two new leaks had occurred on one of its pipelines in southern Nigeria after similar incidents in recent days blamed on crude theft.

South Korean phone company bets on K-pop

(AP) -- South Korea's largest fixed-line telephone company is trying to capitalize on the worldwide popularity of Korean pop music, or K-pop, to increase revenue from overseas.

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