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AP Business

Gulf carrier Etihad posts first profit of $14M
Etihad Airways, the fast-growing Gulf carrier, on Thursday posted its first annual profit since starting operations just over eight years ago.
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02/09/2012 2:15am
Greek unions call two-day strike, protests
Greek labor unions have called a two-day general strike starting Friday to protest new cutbacks decided to secure the country's vital rescue loan program.
  02/09/2012 1:57am
Tax changes send Diageo H1 profit down 20 pct
A one-time tax hit sent profits at drinks company Diageo PLC's down 20 percent in the last six months of 2011, despite rising income following a strong performance in emerging markets.
  02/09/2012 1:57am
World stocks inch higher amid Greek debt talks
World stocks moved cautiously higher Thursday as confidence rose that Greece will get its next bailout despite an 11th hour snag and investors took in stride data showing inflation in China is heating up again.
  02/09/2012 1:26am
European central banks to offer new stimulus
FRANKFURT, Germany - The European Central Bank and the Bank of England are preparing to offer more emergency support to the financial sector in the hope of softening the impact of a looming recession and the government debt crisis.
  02/09/2012 1:23am
Holiday hits China auto sales in January
The year of the dragon rolled in with a whimper instead of a roar for China's auto industry. Car sales in the world's biggest auto market fell 24 percent in January from a year earlier, industry figures show.
  02/09/2012 1:16am
Credit Suisse sinks to Q4 loss as it cuts costs
Credit Suisse Group posted its first fourth-quarter net loss since 2008 as Switzerland's second-biggest bank continued its drive to reduce its exposure to potentially-risky investment banking at a time when Europe's economy is facing problems related to...
  02/09/2012 1:01am
Hard economic times sharpen Spaniards' sneaky side
Leather seats are disappearing from cars. Precious jewels are vanishing from drawers. TVs are spirited out of homes in the dead of night.

These crimes are not what they seem. And the perpetrators are not the usual suspects.
  02/09/2012 12:52am
Mercedes helps Daimler to 57 pct Q4 profit rise
German automaker Daimler AG delivered forecast-busting fourth quarter earnings on Thursday as its flagship Mercedes business enjoyed buoyant sales in China and the United States.
  02/09/2012 12:03am
China's inflation rebounds in January to 4.5 pct
China's inflation rebounds in January to 4.5 pct
China's inflation rebounded in January as food prices soared, renewing pressure on Beijing to control living costs as it tries to boost slowing growth amid warnings of a looming global downturn.
  02/09/2012 1:10am
Lenovo 3Q profit up by half, warns of disk supply
Lenovo Group Ltd., the world's second biggest personal computer maker, said Thursday that quarterly profit grew by more than half but warned hard drive costs would remain high amid a global shortage.
  02/09/2012 1:25am
Greek PM, debt inspectors end talks with no deal
A crucial meeting between Greece's Prime Minister and debt inspectors on averting default and a possible exit from the euro ended early Thursday with no definite results.
  02/08/2012 8:47pm
Asia stocks fall as Chinese inflation heats up
Asian stock markets fell Thursday after data showed inflation in China was heating up again, complicating efforts by Beijing to stimulate the world's No. 2 economy.
  02/08/2012 7:46pm
China's inflation rebounds in January to 4.5 pct
China's inflation rebounded in January as food prices soared, renewing pressure on Beijing to control surging living costs as it tries to boost slowing growth in the world's second-largest economy amid warnings of a global downturn.
  02/08/2012 7:25pm
Ernst & Young paying $2M in audit settlement
The watchdog agency for the accounting industry said Wednesday that it has fined big firm Ernst & Young $2 million for alleged lapses in three audits of a pharmaceutical company.
  02/08/2012 4:59pm
News Corp 2Q beats Street despite hacking charges
Rupert Murdoch's News Corp. said Wednesday that net income grew by nearly two-thirds in the final quarter of 2011, despite expenses related to ongoing phone hacking investigations of its U.K. newspaper unit.
  02/08/2012 4:11pm
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