Business News

AP News - 36 mins ago

PARIS (AP) — Christine Lagarde, the chief of the International Monetary Fund, was placed Wednesday under official investigation for negligence in a French corruption probe that dates back to her days as France's finance minister.In a statement a ...more

AP News - 1 hour ago

DUBLIN (AP) — Ryanair has launched a flexible business-class ticket in its latest U-turn from its no-frills tradition.The Dublin-based airline says more than a quarter of its passengers already are business travelers, and hopes the new product w ...more

AP News - 1 hour ago

PARIS (AP) — IMF chief Christine Lagarde under official investigation for 'negligence' in corruption probe. ...more

AP News - 1 hour ago

TOKYO (AP) — Global shares were mixed Wednesday after the latest record close for the Standard & Poor's 500, with Europe off to a shaky start despite a strong day in Asia.KEEPING SCORE: In Europe, Germany's DAX fell 0.2 percent to 9,573.65 a ...more

AP News - 1 hour ago

HONG KONG (AP) — Malaysia is preparing to unveil the latest overhaul of its beleaguered state-owned airline, which is reeling from twin disasters months apart that killed hundreds of passengers.Khazanah Nasional, the state investment company tha ...more

AP News - 3 hours ago

NEW YORK (AP) — Video games have been a spectator sport since teenagers crowded around arcade machines to watch friends play "Pac-Man." And for decades, kids have gathered in living rooms to marvel at how others master games like "Street Fighter II" an ...more

AP News - 3 hours ago

BERLIN (AP) — A closely-watched survey shows economic expectations among German consumers have "completely collapsed" over concerns about the conflicts in Iraq, Israel and Ukraine.The GfK institute said Wednesday its latest index of economic exp ...more

AP News - 3 hours ago

BEIJING (AP) — China Telecom Ltd., one of the country's three main state-owned carriers, said Wednesday its profit rose 11.8 percent in the first half of the year as its Internet and mobile data businesses grew.The Beijing-based company earned 1 ...more

AP News - 7 hours ago

WELLINGTON, New Zealand (AP) — New Zealand dairy giant Fonterra said Wednesday it's forming a partnership with China's Beingmate to help meet growing demand for infant formula in the world's most populous nation.Fonterra, the world's largest dai ...more

AP News - 10 hours ago

WELLINGTON, New Zealand (AP) — New Zealand's national airline on Wednesday posted a 45 percent increase in profit on slightly higher revenues.Air New Zealand announced an after-tax profit of 262 million New Zealand dollars ($218 million) for the ...more