Primark drives AB Foods first half profits

Associated British Foods forecast first half results ahead of its expectations at the start of the year, driven by the performance of its Primark discount fashion chain. The firm said on Monday

German Q4 GDP contraction as exports fall

A plunge in exports drove a contraction in German gross domestic product (GDP) in the fourth quarter, offsetting support from domestic demand, and highlighting the vulnerability of Europe's largest economy to weakness

Elan plans $1 bln buyback and acquisitions

Irish drugmaker Elan will return $1 billion to shareholders and seek acquisitions with the proceeds of selling its stake in blockbuster multiple sclerosis (MS) treatment Tysabri to partner Biogen Idec. The sale