Factory, wholesale price data flag economy's woes
By Lucia Mutikani WASHINGTON (Reuters) - Factory output dropped in April and manufacturing activity in New York state contracted thi...
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Macy's profit, sales rise even as some shoppers pull back
By Phil Wahba (Reuters) - Macy's Inc reported higher first-quarter profit and sales on Wednesday as it won market share from rival ...
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Airbus picked by Kuwait Airways as best bid: minister
KUWAIT (Reuters) - Kuwait's state-owned Kuwait Airways has picked Airbus to provide new jets because its proposal was the best val...
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M&S's make-or-break clothing strategy gets early thumbs-up
By James Davey LONDON (Reuters) - Fashion media and analysts broadly welcomed Marks & Spencer's new clothing strategy and a preview...
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HSBC sees no change to UK bank levy policy before 2015
LONDON (Reuters) - HSBC said it does not expect Britain to change its bank levy policy before the next general election due in 201...
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UK banks avoid investigation by competition authority
By Matt Scuffham LONDON (Reuters) - Britain's biggest banks were spared a full-blown inquiry into the personal current account marke...
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Amazon UK pays $3.7 million tax on $6.5 billion sales
By Tom Bergin LONDON (Reuters) - Amazon.com's main UK unit paid $3.7 million of taxes on its 2012 income, it said on Wednesday, desp...
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EU regulators to investigate Spanish aid for Ford
BRUSSELS (Reuters) - EU antitrust regulators will investigate whether a 25.2 million euros ($32.71 million) grant given by Spanish a...
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CEO of SocGen's Russia unit detained over suspected kickbacks
MOSCOW (Reuters) - The chief executive of Societe Generale's Russian unit was held in Moscow on Wednesday on suspicion of receiving...
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Air India may sell eight of its Boeing 777 aircraft: chairman
NEW DELHI (Reuters) - State-run Air India is open to selling all eight of its Boeing 777 200-LR passenger aircraft, Chairman Rohit ...
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