British retail sales climbed more than expected in April, boosted by the extra holiday for the Royal Wedding and record temperatures, official data showed on Thursday.
Commodity trader Glencore (GLEN.L) prepared the ground for a solid performance in its market debut, pricing its record-breaking offering of up to $11 billion in the middle of its initial range.
Japanese automakers are going to be producing cars over the weekend and taking Thursday and Friday off to avoid blackouts from a power crunch caused by problem nuclear reactors.
Yahoo Inc. has bought an unprofitable online advertising service called 5to1 Holding Corp. for $28 million as part of an effort to revive its revenue growth.
Japan's economy contracted sharply in the first quarter, taking a big blow from the massive earthquake and tsunami that devastated the northeast coast in March, the government said Thursday.
European aircraft maker Airbus received state subsidies that hurt US rival Boeing Inc., but not all of them were illegal under international rules.
Australian tourism industry must grab the opportunity to finds new ways to attract the fast-growing Chinese market, tourism operators said on Wednesday.
Wal-Mart Stores Inc posted a bigger-than-expected jump in quarterly profit on Tuesday, as strength overseas mitigated the continued pressure it felt in the United States.
Dell Inc posted profits that blew past Wall Street forecasts on improved profitability and the No. 2 PC maker raised its fiscal 2012 outlook for operating income.
Britain could give a boost to the luxury goods industry by relaxing visa restrictions for Chinese travellers, the bosses of high-end department stores Harrods and Harvey Nichols told Reuters.
CAIRO - China's investment in, and exports to, Egypt will probably decline sharply this year.
The world's emerging economies as a group will grow 4.7 percent annually between 2011 and 2025 on average, the World Bank projected Tuesday.
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