Business News

AP News - 18 minutes ago

AMSTERDAM (AP) — Royal KPN NV, the Dutch telecommunications company partly owned by Mexican billionaire Carlos Slim, nearly slumped to a first-quarter loss following a slide in its mobile services business and a shrinking market for business customers ...more

AP News - 21 minutes ago

VILNIUS, Lithuania (AP) — Later this year, a ship the size of an aircraft carrier will arrive at Lithuania's port of Klaipeda on the Baltic Sea. The 300-meter (984-foot) vessel is not a warship, but a floating natural gas import terminal — aptly named ...more

AP News - 32 minutes ago

STOCKHOLM (AP) — Swedish home appliance-maker Electrolux says the economic recovery in Europe helped the company's first-quarter net profit rise 19 percent to 431 million kronor ($66 million) from 361 million kronor.The world's second largest ap ...more

AP News - 38 minutes ago

TOKYO (AP) — Honda said Friday that its profit for the fiscal fourth quarter zoomed to more than double the previous year's as the benefits of a weak yen added to strong sales, but momentum was forecast to ebb as the currency perk wears off.Janu ...more

AP News - 53 minutes ago

LISBON, Portugal (AP) — Euphoria gripped Portugal during the 1974 Carnation Revolution, when junior army officers swept away a four-decade dictatorship. The almost bloodless coup brought what for the Portuguese were novelties — the right to vote, unive ...more

AP News - 1 hour ago

CAIRO (AP) — Egypt will try to save half the money it spends on wheat subsidies by issuing a new smart card system to ensure that the cheap bread goes to only the neediest.Egypt is the world's largest importer of wheat and the country's supply i ...more

AP News - 1 hour ago

BEIJING (AP) — Baidu Inc., operator of China's most popular Internet search engine, said Friday its quarterly profit jumped 24.1 percent over a year earlier as its mobile business grew.Profit rose to 2.5 billion yuan ($407.8 million) in the thre ...more

AP News - 2 hours ago

JINDO, South Korea (AP) — Frustrated relatives of the scores of people still missing from the sinking of the ferry Sewol held the fisheries minister and the coast guard chief overnight, angry about the pace of divers who have recovered 183 bodies so fa ...more

AP News - 3 hours ago

SEOUL, South Korea (AP) — President Barack Obama stepped into the familiar role of chief consoler Friday as he arrived for meetings in South Korea, a key U.S. ally that is reeling from a deadly ferry disaster.More than 300 people are dead or mis ...more

AP News - 4 hours ago

BEIJING (AP) — Asian stocks were mixed Friday after solid earnings for Apple and Caterpillar and better U.S. durable goods orders.Oil gained to stay above $101 after Ukraine launched an operation to drive pro-Russian insurgents out of occupied b ...more