Agence France-Presse

Agence France-Presse

Copyright Agence France-Presse, 2002-2013. AFP text, photos, graphics and logos shall not be reproduced, published, broadcast, rewritten for broadcast or publication or redistributed directly or indirectly in any medium. AFP shall not be held liable for any delays, inaccuracies, errors or omissions in any AFP content, or for any actions taken in consequence.

Articles
US Durable Goods Orders Fall in May

WASHINGTON ---Following three months of gains and driven by a sharp monthly fall in defense goods,  U.S. orders for durable goods fell in May, Commerce Department data showed Wednesday,

New orders for durable goods fell by $2.4 billion, or 1%, last month from April, when new orders had risen 0.8%.

Nearly all of the fall was in defense goods, and secondly, civilian aircraft.

Orders for defense goods were down $4.0 billion, or 31.4%, and civilian aircraft orders fell by $620 million. Both are key but often very volatile components of the total.

OSI Group logo
OSI Group Sorry over Expired Meat Scandal in China
Shanghai authorities shut a plant owned by privately held OSI Group for mixing out-of-date meat with fresh product and on Wednesday detained five officials from the OSI subsidiary that operated it.
nokia
The Return of Nokia?
Long struggling Nokia jumped back into profit in the second quarter, boosted by major restructuring and its big phone division sale to Microsoft.
GM Profit Skids on Recall Costs
GM Profit Skids on Recall Costs
GM net profit dived 85% to $190 million.
Caterpillar Earnings Edge Higher
Caterpillar Earnings Edge Higher
Second-quarter profits were $999 million, up 4% from the year-ago period.
Small and big dog
Think Small: Google Offers Big Prize for Little Power Breakthrough
The challenge is to shrink power converters to about a tenth of their present size, described as on par with large picnic coolers.
General Motors Recalls 718,000 More Vehicles in US
General Motors Recalls 718,000 More Vehicles in US
General Motors Wednesday announces six recalls covering nearly 718,000 vehicles in the U.S., adding to its recall tally after an ignition-switch auto safety scandal.
Canada's Talisman Energy 'Approached' by Repsol
Canada's Talisman Energy 'Approached' by Repsol
Shares of Talisman Energy spike over reports that Spanish oil conglomerate Repsol is in talks to buy the Canadian oil and gas firm.
European Union flag
EU Sets New Energy Savings Target at 30%
The proposal aims to 'further investments in energy saving technologies to the benefit of businesses, consumers and the environment,' says the EU Energy Commissioner.
Boeing Boosts 2014 Profit Forecast after Solid Quarter
Boeing Boosts 2014 Profit Forecast after Solid Quarter
The company raised its 2014 full-year forecast to core earnings per share between $7.90 and $8.10, from $7.15 to $7.35, citing in part its "positive market outlook."
Apple Gets Smartwatch Patent
Apple Gets Smartwatch Patent 1
A U.S. patent made public on Tuesday bolstered rumors that Apple has designs on a smartwatch.
New Arctic Disappointment for Norway's Statoil
New Arctic Disappointment for Norway's Statoil
Norway's Statoil has not yet found a viable gas field in the world's northernmost drilling sites, the country's oil industry administrative body said Tuesday.
Coca-Cola Earnings Fizzle; North America Volume Flat
Coca-Cola Earnings Fizzle; North America Volume Flat
Net earnings at the U.S. beverage giant came in at $2.6 billion, down 3% from the year-ago period.
Ex-Qualcomm Exec Pleads Guilty to Insider Trading
Ex-Qualcomm Exec Pleads Guilty to Insider Trading
Authorities said that in December 2010, while he was in Hong Kong, Wang purchased Atheros stock hours after Qualcomm's board made an offer for Atheros that had not been made public.
Mexico Now Open to Foreign Investment in Oil and Gas
Mexico Now Open to Foreign Investment in Oil and Gas
New legislation ends the monopoly held by state oil company Pemex for 75 years in the exploration and exploitation of energy resources.
THE LATEST
More
IW US 500 Stock Index

Subscribe to IW Newsletters
IW Marketplace - Buy a Link Now