LONDON - The trade-in-goods deficit in recession-hit Britain expanded to 7.1 billion pounds in October, the highest level in nine months, official data showed on Wednesday. The figure, equivalent to 7.8 billion euros or 11.6 billion dollars, compar
LONDON - Engine manufacturer Rolls-Royce announced on Tuesday that it had clinched a deal worth two billion dollars to supply engines to United Airlines for its new Airbus fleet. Rolls-Royce has been selected by United Airlines to power its new fl
Australia has welcomed a 90 billion dollar (82 billion US) deal to supply liquefied natural gas (LNG) to a Japanese power company in what is believed to be the country's biggest export sales contract. Western Australia state Premier Colin Barnett sa
LONDON - Britain's support for its banks has hit 850 billion pounds in the wake of the global financial crisis, a watchdog report said Friday, amid tensions over performance pay for senior bankers. The National Audit Office said Prime Minister Gord
LONDON - Bailouts for banks have hit 850 billion pounds in the wake of the global financial crisis, a watchdog report said Friday, amid tensions over performance pay for senior bankers. The National Audit Office said Prime Minister Gordon Brown's g
FRANKFURT - German industrial giant Siemens said Thursday it suffered a net loss of one billion euros in the last quarter of its 2008/09 fiscal year, and expected the current year to be worse. Earnings from the year ended on September 30 were slam
BERLIN - General Motors wants 2.7 billion euros from European governments to restructure its Opel/Vauxhall unit, but important questions are unanswered, Germany said on Wednesday. GM sees the financing need for its plans at 3.3 billion euros. G
LONDON - The three shareholders of South African diamond mining giant De Beers have agreed to inject up to one billion dollars into the company through a share placing, a report said Tuesday. The shareholders made the in principle agreement after a
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