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US services sector activity accelerates in July

 

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Chinese regulators 'visit Microsoft offices'

Officials from China's corporate regulator paid visits Monday to software giant Microsoft's offices in four cities in the country, Dow Jones Newswires reported, citing people...

Virgin America files for IPO

NEW YORK (AP) — Virgin America's next destination is Wall Street. The California‑based airline filed on Monday for an initial public offering of shares. Virgin...

Spain's Bankia reports profits surge as bad loans fall

Spain's last big nationalised bank, Bankia, said on Monday its first‑half net profit rose by almost half as its losses from bad loans dropped amid...

Amazon to open five new warehouses in India

MUMBAI (Reuters) - Amazon.com Inc's Indian unit will open five new warehouses in the country, which will almost double its storage capacity to half a...

Ryanair raises annual profit forecast after strong first quarter

Irish low‑fare airline Ryanair, which hit a weak patch last year, reported a strong recovery but downward pressures on fares in a quarterly results statement...

Russia ordered to pay Yukos shareholders $50 billion

The arbitration court in The Hague has ordered Russia to pay shareholders of Yukos $50 billion in compensation over its seizure of the one‑time oil...

GM's Korean unit reaches tentative wage deal to avert strike

SEOUL (Reuters) - General Motors' South Korean unit reached a tentative wage deal with its labor union on Monday to stave off a potential strike...

BP second-quarter profit rises 34 percent

BP Plc reported a 34 percent rise in quarterly profit and said it would pay a dividend of 9.75 cents a share for the quarter...