European court rules Russia must pay Yukos shareholders 1.9 billion euros
MOSCOW/STRASBOURG (Reuters) – Europe’s top human rights court awarded shareholders in Yukos 1.9 billion euros ($2.6 billion) in damages on Thursday, a new blow to Russia days after some of the former oil company’s shareholders won $50 billion in The Ha…
MasterCard profit rises 10 percent as card usage grows
(Reuters) – MasterCard Inc, the world’s second-largest debit and credit card company, posted a better-than-expected 10 percent rise in quarterly profit, as more customers used its cards to make purchases.
Weak demand for video services weighs on Time Warner Cable
(Reuters) – Time Warner Cable Inc, the second-largest U.S. cable operator, lost more video subscribers in the second quarter compared with the previous quarter.
ConocoPhillips second-quarter profit slightly higher; output rises
(Reuters) – ConocoPhillips, the largest U.S. independent oil and gas company, on Thursday reported a quarterly profit that just beat Wall Street expectations, helped by an increase in oil and gas production.
Rolls-Royce says 2014 on track, to return to growth next year
LONDON (Reuters) – Aero-engine maker Rolls-Royce said it was on track to return to growth next year, after profits fell as expected in the first half due to shrinking defense spending, a strong pound and a struggling marine business.
European shares sink again, dollar holds strong
LONDON (Reuters) – Doubts about the health of Europe’s economy dominated trade on its major stock markets on Thursday after a cautious message from the U.S. Federal Reserve did little to stem the dollar’s charge to 10-month highs.
Falling prices on radar as euro inflation drops again
BRUSSELS (Reuters) – Annual inflation in the euro zone fell in July to its lowest since the height of the financial crisis in 2009, keeping the risk of deflation on policymakers’ radar but unlikely to spur the European Central Bank into further policy …
Samsung Electronics downbeat on third quarter prospects as profits slide
SEOUL (Reuters) – Samsung Electronics Co Ltd. on Thursday reported its worst quarterly profit in two years and flagged uncertain earnings prospects for its key handset business, fuelling worries about its ability to return to growth.
German jobless, retail data point to strong domestic economy
BERLIN (Reuters) – German unemployment dropped more than expected in July and retail sales climbed in June, data showed on Thursday, spelling good news for private consumption which is expected to drive growth in Europe’s largest economy this year.
Continental raises profit guidance as car demand recovers
BERLIN (Reuters) – German car parts and tyre maker Continental raised its full-year profit forecast for the second time in five months after second-quarter underlying earnings rose on improving auto demand and a strong performance by its rubber divisio…
