French police raid IMF chief's Paris home
March 21, 2013 | 16:09
French police on Wednesday carried out a raid on the Paris home of IMF chief Christine Lagarde in connection with a probe into her handling of a high-profile scandal when she was a government minister.
Air France-KLM posts better-than-expected 3Q earnings
October 31, 2012 | 15:31
Air France-KLM reported on Wednesday that it had exceeded third-quarter expectations with a net profit of 308 million euros ($399 million) owing to higher passenger traffic and favourable exchange rates.
EU to offer a trade bonanza
June 23, 2012 | 15:05
Vietnamese firms are urged to export more processed products to the rich European Union market.
Philips completes spin-off of TV unit to TPV Technology
April 03, 2012 | 08:19
Dutch electronics and medical equipment giant Philips said Monday it had completed the spin-off of its television division to Hong Kong-based LCD screen and computer maker TPV Technology.
Prada 2011 net profit climbs 72.2 pct on Asia retail sales
March 30, 2012 | 09:41
Italian luxury design house Prada said Thursday its net profit soared 72.2 percent in the year ending January 2012, driven by strong retail sales especially in Asia.
EADS delays Airbus A350 delivery by six months
November 11, 2011 | 08:56
Airbus parent company EADS announced on Thursday a six-month delay in first deliveries of its A350 long-haul jetliner but raised its earnings outlook for the year after third-quarter profits surged.
Siemens surprises with heavy drop in Q3 profit
July 28, 2011 | 14:39
German industrial giant Siemens unveiled Thursday unexpected charges that pushed its third-quarter net profit 65 per cent lower than in the same period a year earlier to 501 million euros ($719 million).
New airline IAG unveils quarterly profit
May 06, 2011 | 16:53
International Airlines Group, recently formed from the merger of British Airways and Spanish carrier Iberia, announced a first-quarter net profit on Friday of 33 million euros ($48 million).
Whiter than white? EU fines washing powder cartel
April 13, 2011 | 21:51
They claim whiter than white results but housewives got proof of price-fixing Wednesday as the makers of Ariel and Persil agreed to pay 315 million euros ($456 million) in fines for running a washing-powder cartel.
EU slaps 649 million euro fine on Asian flat-screen cartel
December 08, 2010 | 22:12
The European Commission imposed on Wednesday 649 million euros ($860 million ) in fines against South Korean and Taiwanese makers of LCD flat screens for running a price-fixing cartel.
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