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Strikes and ash cloud take their toll on BA
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Honda Raises Profit Forecast on Global Sales Recovery
By Makiko Kitamura and Yuki Hagiwara (Adds first-quarter results in sixth paragraph.) July 30 (Bloomberg) -- Honda Motor Co., Japans second- largest automaker, raised its full-year profit forecast as vehicle demand in the U.S. and Asia recovered from a

Pakistan search for black box into third day
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Honda Posts Record Quarterly Profit on Sales Rise
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EDF gets offer for UK assets as profit drops 47%
FRANKFURT (MarketWatch) -- French power firm Electricite de France SA /quotes/comstock/24s!e:edf (FR:EDF 32.47, +0.01, +0.02%) said Friday its first-half net profit dropped 47% to 1.66 billion euros ($2.17 billion) from €3.12 billion, with the result

EDF gets offer for UK assets as profit drops 47%
FRANKFURT (MarketWatch) -- French power firm Electricite de France SA said Friday its first-half net profit dropped 47% to 1.66 billion euros ($2.17 billion) from €3.12 billion, with the result hurt by a provision of €1.1 billion for the firm's

Chip sales boost Samsung profits
Share this page Samsung reports record profits on strong chip sales Samsung is less optimistic about profits in the coming months Samsung Electronics has reported record quarterly profits thanks to increased sales of smartphones and components such as

M'bishi Estate Profit Falls 29.8% On Weak Condo Sales
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Eisai Profit Rises 14.9% On Brisk Sales Of Aricept, Other Products
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Murray, Falla advance to quarters in LA
AFP Colombia's Alejandro Falla and Scot Andy Murray both advanced to the quarter-finals of the ATP Farmers Classic on Thursday. Falla, who is enjoying the best season of his career, rallied to upset fifth-seeded Ernests Gulbis 4-6 6-3 7-6 (10-8) in a

Sinopec Says BP Declined Its Offer to Buy Some Assets
By Bloomberg News (Updates with comments from analyst in fourth paragraph.) July 30 (Bloomberg) -- China Petroleum &Chemical Corp., Asias biggest refiner, said BP Plc has declined an offer by the Chinese company to buy some of its assets. Weve talked to

Santander to create 600 new UK jobs
The Spanish bank, which owns Abbey, Alliance &Leicester and the savings business of Bradford &Bingley said it will create the new roles amid reports that it is close to completing a deal for 318 branches from the Royal Bank of Scotland, valued at about

IMF backs more stimulus to help slow US recovery
The International Monetary Fund on Friday said more stimulus spending might be needed to aid a slow US economic recovery, wading into a toughly-fought political debate in Washington. Warning that the "economic recovery has been slow by historical

More Japan Workers Lose Jobs, Factory Output Falls
Japan's jobless rate up in June for 4th straight month as prices and factory output fall Japan - Unemployment - Asia - Business and Economy - Organizations

Obama Making Sales Pitch for Auto Bailouts to Skeptical Voters
July 30 (Bloomberg) -- President Barack Obama flies to the heart of the U.S. auto industry today on a mission to convince taxpayers that their investment in the bailouts of General Motors Co. and Chrysler Group LLC will bring a return. Heading into a

Sinopec Says BP Declined Its Offer to Buy Some ‘Good’ Assets
By Bloomberg News July 30 (Bloomberg) -- China Petroleum &Chemical Corp., Asias biggest refiner, said BP Plc has declined an offer by the Chinese company to buy some of its assets. We have talked to BP on some good assets, but they wont sell, Zhang

Sharapova through, Peer out at Stanford WTA event
Former world No. 1 Maria Sharapova reached the quarter-finals while Shahar Peer became the first seeded player to fall at the WTA Bank of the West Classic Thursday. Fifth seeded Sharapova defeated Belarus' Olga Govortsova 6-3, 6-3 and the eighth-seeded

Wyly Brothers’ $550 Million Stock Sales Prompt SEC Fraud Claim
By Bloomberg July 30 (Bloomberg) -- Samuel Wyly and Charles Wyly, the Texan brothers and entrepreneurs who funded ads helping George W. Bushs presidential campaigns, were sued by U.S. regulators who accused them of misleading investors while selling

Americans are not moving to find jobs in slow economy
Labor mobility has nearly ground to a halt in the past two years, and policymakers are increasingly worried that the slowdown is not just a symptom of the nation's economic struggles but also a barrier to overcoming them. With many people locked in homes

Feds OK deal to tap gas under untouched Utah land with directional drilling to reduce impact
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China steel firm profits down 37.8 pct in June -assn - Reuters
Profits at China's large-scale steel enterprises in June fell 37.8 percent from a year ago due to higher raw material costs and declining product prices, the country's steel association said on Friday. At an internal meeting, China Iron and Steel

Wyly brothers charged over 'undisclosed $550m'
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Sanyo Elec Dives On Disappointing Tender Offer Price
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Samsung Net Profit At Record High On Chip, Panel Sales
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Sky's HBO deal is sign of a new direction
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Charles River, Wuxi end deal after opposition
This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to colleagues, clients or customers, use the Reprints tool at the top of any article or visit: www.reutersreprints.com. NEW YORK (Reuters) -

Wyly Brothers’ $550 Million Stock Sales Draw SEC Suit
By Bloomberg (Adds attorneys response starting in fourth paragraph.) July 29 (Bloomberg) -- Samuel Wyly and Charles Wyly, Texas- based entrepreneurs who financed ads supporting George W. Bushs presidential campaigns, were sued by U.S. regulators for

Charles River Withdraws $1.6 Billion Offer for WuXi
By Jason Gale (Adds break fee, buyback in second paragraph.) July 30 (Bloomberg) -- Charles River Laboratories International Inc. withdrew a $1.6 billion bid for WuXi PharmaTech (Cayman) Inc., citing investor opposition to what would have been the

Sweeping Proposal to Cut Spending
Weighing in on how the government can cut federal spending, with Sen. John Thune (R-SD).

Hyundai sales and profits keep rolling
Hyundai Motor reported today that global net income jumped 71% to $1.2 billion in the second quarter. The automaker also said it expects to beat its annual revenue prediction because of strong sales worldwide, including is the U.S. U.S. sales were up 33%