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Time Warner quarterly profit beats forecasts

a shared story    6 hours 46 minutes ago
(Reuters) - Time Warner Inc posted better-than-expected quarterly profit helped by its cable networks and the last installment of its Harry Potter movie franchise.  



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McDonald's January sales beat expectations

a shared story    7 hours 46 minutes ago
(Reuters) - McDonald's Corp reported a better-than-expected rise in January sales at established restaurants across the globe, as strength in the United States helped offset the impact of economic weakness in Europe.  



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Greece stays in play as futures edge higher

a shared story    7 hours 46 minutes ago
NEW YORK (Reuters) - Stock index futures edged higher on Wednesday as leaders in Greece again attempted to reach a deal on reforms in exchange for a new bailout.  



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Murdoch's firm settles 9 phone hacking lawsuits

a shared story    8 hours 46 minutes ago
LONDON (AP) -- Nine more phone hacking lawsuits against Rupert Murdoch's News International have been settled, including a case brought by comedian Steve Coogan, the victims' lawyer told Britain's High Court on Wednesday.... 



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BBC warned over News Channel cuts

a shared story    8 hours 46 minutes ago
The BBC Trust says that the BBC's 24 hour news channel is reaching record audiences, but warns that budget cuts must not affect its distinctiveness. 



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Spanish writedown costs Scandinavia's SAS dear

a shared story    9 hours 46 minutes ago
STOCKHOLM (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.... 



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RBS chief considered resigning over bonus row

a shared story    9 hours 46 minutes ago
LONDON (AP) -- The chief executive of Royal Bank of Scotland said Wednesday that he had considered resigning over the political controversy surrounding his nearly 1 million pound ($1.6 billion) bonus.... 



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Telenor reports 4Q loss of India writedown

a shared story    10 hours 46 minutes ago
OLSO, Norway (AP) -- Norway's Telenor said Wednesday that a court decision in India to cancel all operating licenses of its Uninor subsidiary led to a 1.9 billion kroner ($330 million) fourth-quarter loss.... 



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Statoil earnings surge on higher oil, gas prices

a shared story    10 hours 46 minutes ago
OSLO, Norway (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.... 




Wireless crunch faces political 'solutions'

a shared story    11 hours 46 minutes ago
The flipside to the mobile revolution is that we're rapidly approaching a wireless spectrum crunch. As spiraling numbers of consumers watch video, stream music and send pictures on their smart phones, various carriers...  



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Nissan quarterly profit rises despite floods, yen

a shared story    11 hours 46 minutes ago
TOKYO (AP) -- Nissan's quarterly profit rose 3.2 percent on healthier sales that offset production damage from flooding in Thailand and a battering from the strong yen.... 



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Nissan Q3 up on brisk sales, keeps forecasts

a shared story    12 hours 46 minutes ago
YOKOHAMA, Japan (Reuters) - Nissan Motor Co pushed up quarterly operating profit by 3.6 percent as record car sales last year boosted its market share in every major region, and it kept its full-year forecast unchanged at the highest level among Japan's top automakers.  




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