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HuaweiJapan’s biggest steelmakers likely suffered a plunge in recurring profit of up to 80 percent in the April-June quarter as competition with Chinese rivals drove prices down, a report said Sunday.
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Former US president Bill Clinton on Sunday met new Greek Prime Minister Antonis Samaras during a brief visit to Athens to support an investment drive by Greek-American businessmen in the crisis-hit economy.
A cacophony of blaring horns and revving engines drown every other sound as frustrated motorists battle to negotiate a downtown intersection where the rush-hour traffic converges into gridlock.
A scandal erupting at Europe’s biggest bank HSBC has added to concerns over the state of Britain’s financial sector amid the Barclays rate-rigging affair and as the industry faces a major shake-up.
LONDON, July 21, 2012 (AFP) — Rupert Murdoch has stepped down as director of a number of companies behind British newspapers The Sun, The Times and The Sunday Times, a News International spokesman said on Saturday .
Syrian rebels said on Sunday they had captured a border crossing with Turkey at Bab AlSalam, north of the city of Aleppo - the third frontier point with Turkey they have seized in four days from President Bashar AlAssad’s forces.
Eurozone finance ministers approved an agreement on Friday to lend up to €100 billion ($123 billion) to Spain so it can recapitalise its banks, but the exact size of the loan will probably only be determined in September.
Microsoft posted its first quarterly loss in its 26 years as a public company on Thursday as it declared a struggling online ad business a bust and prepared for one of the biggest product updates in its history.
New Yahoo chief executive Marissa Mayer’s compensation package could total more than $70 million in salary, bonuses, restricted stock and stock options over five years, according to a regulatory filing made by the company on Thursday.
LONDON - A group of Qatari investors have snapped up a stake in London luxury property developer Native Land, the latest in a string of deals in which the oil-rich Gulf state has extended its ownership of Britain’s capital in recent years.
