French bank Societe Generale beat forecasts with an almost fourfold leap in second-quarter net profit as lighter loan-loss provisions and toxic assets helped offset weaker investment banking revenue. But the bank, which
Former Italy treasury minister Tommaso Padoa-Schioppa will advise Greek Prime Minister George Papandreou, helping guide the country's austerity programme under a multi-billion euro EU/IMF bailout. "He will offer advice to the prime
Research In Motion unveiled a new BlackBerry smartphone with a touchscreen and slideout keyboard, hoping to raise its consumer appeal and fend off competition from Apple's iPhone. The BlackBerry Torch will go
Top U.S. automakers General Motors and Ford reported an increase of 5% in July sales from a year earlier, results they said pointed to a slow but steady turnaround for the battered
European shares ended flat on Tuesday as strong corporate results from the likes of Deutsche Post offset some worries about the economic recovery fuelled by disappointing U.S. data. The pan-European FTSEurofirst 300
BP fine-tuned its equipment on Tuesday to deliver the first of two planned killer punches to permanently plug its ruptured Gulf of Mexico oil well that caused the world's worst accidental oil
Mobile phone service providers scrambled on Tuesday to hold onto half a million users spooked by BlackBerry's showdown with UAE regulators, offering them a switch to Apple's iPhone and other rival smartphones.
Asian stocks rose to their highest levels in nearly three months on Tuesday, boosted by strong European bank results and a sign the U.S. economy was stronger than expected. European shares edged
Oil prices extended three-month highs towards $82 on Tuesday, tracking gains in Asian equities following strong bank earnings and upbeat manufacturing data for industrialised economies a day earlier. U.S. September crude rose
Greek drink refrigeration equipment maker Frigoglass said on Tuesday first-half net profit jumped 137% on a recovery in its eastern European and Asian markets. Athens-based Frigoglass, which supplies bottler Coca-Cola Hellenic and
