AP - The Scandinavian airline group SAS recorded a loss of 1.7 billion kronor ($250 million) in 2011 after taking a big writedown following the bankruptcy of Spanish budget carrier Spanair.
Reuters - European air safety officials are preparing to extend checks for Airbus A380 wing cracks to the entire superjumbo fleet, sources close to the matter told Reuters on Wednesday.
Reuters - Nissan Motor Co (7201.T) is on track to be the most profitable of Japan's three big automakers this year, after record car sales last year and improved market share in every major region pushed up quarterly operating profit.
AP - Norwegian oil company Statoil ASA on Wednesday said its profits soared in the fourth quarter on higher oil and gas prices and a one-time gain from the sale of a stake in a gas transportation company.
Reuters - Italian Prime Minister Mario Monti is confident reforms undertaken by his country over the last few months will help soften any blow from an unruly default by euro zone partner Greece.
AP - Greek coalition leaders are studying a draft deal on further austerity measures demanded to secure a new bailout that will determine whether the country avoids a looming bankruptcy next month.
Reuters - Stock index futures pointed to a slightly higher open for equities on Wall Street on Wednesday, with futures for the S&P 500, the Dow Jones and the Nasdaq 100 rising 0.2 to 0.3 percent.
Reuters - Japan aims to cut domestic consumption of a heavy rare earth used widely in hybrid cars and electronics by 30 percent over the next two years as China keeps a tight grip on exports of the material, known as dysprosium.
REUTERS FORECAST Indian industrial production (IIP) likely grew at a weaker annual rate of 3.4 percent in December, down from November's 5.9 percent, on slowing infrastructure output and domestic demand, ...
Reuters - Greek parties will try again on Wednesday to agree a reform deal in return for a new international rescue to avoid a chaotic default, after delays prompted some EU leaders to warn that the euro zone can live without Athens.
More bodies have been pulled from the wreckage of a collapsed factory in Pakistan, raising the death toll to 21, including 16 women and four children, an official said Wednesday.
AP - Pennsylvania, the only major gas-producing state that does not tax the taking of natural gas from its soil, moved closer Tuesday to imposing a fee on the drilling in the vast Marcellus Shale reserves that have transformed the state in recent years.
The mutual-fund industry rejected plans for new rules governing money market funds, escalating a three-year confrontation with regulators over how to make the investments safer. Two proposals being worked on by the Security and Exchange Commission’s staff “are neither constructive nor likely to make financial markets more resilient,” Paul Schott Stevens, president and chief executive of the ...
Reuters - Yahoo Inc Chairman Roy Bostock and three other directors will step down as the struggling company ploughs ahead with an internal overhaul, including discussions on dealing with its stakes in China's Alibaba Group and Yahoo Japan.
Reuters - A broad settlement with major banks over mortgage servicing abuses that would bring relief to distressed U.S. homeowners could be announced as early Thursday, two people familiar with the matter said.
AP - Gov. Jerry Brown's appointee to head the department that oversees banking, financial and consumer regulations in California led a trade association that fought against tighter lending restrictions before the subprime mortgage crisis exploded and was an executive with Washington Mutual when the now-failed bank was among the most aggressive marketers of loans to high-risk borrowers.
Reuters - Former Astronaut Janice E. Voss, one of the few women launched into space, has died of breast cancer in Arizona, her alma mater said on Tuesday.
ContributorNetwork - According to the Hill, the League of Conservation Voters has announced its yearly rankings of lawmakers with the best and worst voting records in terms of energy and environmental measures. The league analyzed 11 votes in the Senate and 35 in the House of Representatives.
LiveScience.com - Most saltwater fish may have evolved from a freshwater ancestor, according to a new study that traces the family tree of both marine and freshwater fish.
Earlier, the state industry department had held a couple of seminars and invited suggestions/recommendations from stakeholders for the new industry policy which is being framed under the chairmanship of a committee headed by state development commissioner Debashish Gupta.
SPACE.com - WASHINGTON — NASA should contribute $20 million worth of hardware to Europe’s planned Euclid dark-matter observatory, but only "in the context of a strong U.S. commitment" to the proposed Wide-field Infrared Survey Telescope (WFIRST), a panel of astrophysicists said.
AP - BP PLC has raised its quarterly dividend by 14 percent after posting double-digit gains in profit and revenue in the last three months of 2011 despite further big payments to compensate for the disastrous oil spill in the Gulf of Mexico.
CHICAGO, Feb. 7, 2012 /PRNewswire/ -- First Industrial Realty Trust, Inc. (NYSE: FR - News), a leading owner and operator of industrial real estate and provider of supply chain solutions, today reported a revision ...
Reuters - The number of jobs waiting to be filled rose in December as employers tried to ramp up hiring in factories, retail and business services, the government said on Tuesday.
A split widened within the aviation industry Tuesday over EU charges for carbon emissions, as Europe's low-cost carriers accused Chinese and US rivals of "gunboat" diplomacy against the system.
South Africa on Tuesday ruled out nationalising its key mining industry in a reassurance to jittery investors and a blow to those in the ruling ANC calling for a state takeover.
AP - President Barack Obama called on Tuesday for millions of dollars in new funding to improve math and science education, an effort he said would be crucial to the nation's long-term success.
Industrial production in Germany posted its biggest drop in three years in December, as a result of a slowdown of growth in the eurozone. But analysts say the sector is only taking a "breather" before a rebound.
The Industry Consortium for Advancement of Security on the Internet , the foremost trade association for coordinated response to multi-product, information technology s
The Christian Science Monitor - Nicaragua may be rich in resources, with abundant rivers, lakes, volcanoes, and wind-swept plains, but it built its economy on being a gas-guzzler. Now, the government is reevaluating its approach, trying to wean Nicaragua off its dependence on foreign oil and becoming a leader in sustainable development along the way.
German industrial production fell 2.9 percent in December from the month before, according to official data released Tuesday, suggesting the country's economic slowdown could be worse than expected.
Reuters - Wal-Mart Stores Inc has named an industry veteran, but a relative newcomer to China, to run what is a strategically crucial business for the world's biggest retailer as it faces tougher competition in the fastest growing major economy.
BERLIN (Reuters) - German industrial output posted its biggest fall in December since the depth of the financial crisis at the start of 2009, the Economy Ministry said on Tuesday, underperforming forecasts by a wide margin. However, the ministry said improving industry orders, which rose more than forecast in December, and brighter sentiment indicators signaled that a phase of weakness in Europe ...
LAHORE, Pakistan (Reuters) - The death toll from the collapse of a three-storey factory in the Pakistani city of Lahore rose to 17 Tuesday as rescue workers continued to search for survivors amidst the rubble, an emergency official said. A gas explosion Monday caused the building to collapse, trapping dozens of laborers, mostly boys aged 14-23, inside. "We just recovered another body. The total ...
Industry slams federal plan to list fracturing chemicals Houston Chronicle Copyright 2012 Houston Chronicle. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Published 10:21 p.m., Monday, February 6, 2012 WASHINGTON - The oil and gas industry is attacking a leaked draft of government rules that would require companies to disclose the chemicals ...
A Massey University professor who uses mathematics to model the drift of ash from volcanic eruptions as well as solving industrial problems has just been awarded the highest Australasian accolade for maths in industry.
Ten women and three children were killed with dozens of others trapped under rubble when a factory collapsed in the Pakistani city of Lahore on Monday, officials said.
AP - A dam in southern Bulgaria burst Monday after days of heavy rain, sending an eight-foot-high (2.5-meter) torrent surging through a village along the Greek border. The disaster brought the region's toll from flooding to eight dead, 10 missing.
Rescue workers struggled to reach dozens of people trapped in the rubble of a factory that collapsed in an eastern Pakistani city Monday, killing at least nine, officials said.
Proxibid , the world’s largest real auction marketplace, today announced that Larry Latham, an auction industry pioneer, has joined its team to add focus to its b