Industrials Sector
Ellen DeGeneres happy to 'kiss the ground' Down Under
Mar 22, 2013 00:20 EDT
US talk show star Ellen DeGeneres arrived in Australia on Friday, declaring she was happy enough to "kiss the ground" as she began a six-day visit officials are hoping will help boost tourism.
US stocks drop on Cyprus, weak earnings
Mar 21, 2013 16:54 EDT
US stocks fell Thursday, hit by uncertainty over the Cyprus banking crisis and some surprisingly weak corporate earnings.
NYSE eyes Suntech listing after bankruptcy filing
Mar 21, 2013 12:35 EDT
The New York Stock Exchange said Thursday it was reviewing the listing of Suntech Power Holding Co.'s US-traded shares after the giant solar-panel maker's main China unit moved into bankruptcy reorganization.
EU puts airline carbon tax on hold for a year
Mar 21, 2013 12:26 EDT
The EU will put its controversial carbon tax on intercontinental airline flights on hold for a year to give time for international talks to reach a compromise on the issue, a European source said Thursday.
German railways says profits up in 2012
Mar 21, 2013 07:54 EDT
German rail operator Deutsche Bahn said Thursday that profits rose sharply last year as passenger numbers hit record levels in face of soaring petrol prices.
ThyssenKrupp to build cement plant in Indonesia
Mar 21, 2013 07:29 EDT
German heavy industry giant ThyssenKrupp said Thursday it has won a contract worth $250 million (194 million euros) to build a cement plant for Swiss group Holcim in Indonesia.
Lufthansa cancels 670 due to strikes
Mar 21, 2013 06:35 EDT
German airline Lufthansa said Thursday it has cancelled more than 670 European flights owing to warning strikes by ground staff and other divisions within the group.
Eurotunnel triples profits after Olympic boost
Mar 21, 2013 05:50 EDT
Eurotunnel said Thursday it tripled profits in 2012 on a boost in passenger numbers from the London Olympics and the Queen's Jubilee celebrations.
Lufthansa cancels 670 flights due to strikes
Mar 21, 2013 03:51 EDT
German airline Lufthansa said Thursday it has cancelled more than 670 European flights owing to warning strikes by ground staff and other divisions within the group.
US Congress hears calls for drone safeguards
Mar 20, 2013 17:46 EDT
Lawmakers and advocates on Wednesday called for safeguards to be placed on the domestic use of drones in order to protect the privacy of Americans.
Stocks rise as Fed keeps aggressive easing in place
Mar 20, 2013 16:40 EDT
US stocks recorded solid gains Wednesday as the Federal Reserve held steady on its policy of economic stimulus.
Dubai's DP World posts 21% profit surge in 2012
Mar 20, 2013 13:22 EDT
Dubai ports operator DP World said Wednesday it posted 21 percent surge in net profits in 2012 as the world's third-largest operator unloaded low-return assets and focused on profitable markets.
FedEx profits fall on weak international results
Mar 20, 2013 12:58 EDT
Global package delivery giant FedEx Wednesday reported lower quarterly earnings and slashed its profit guidance for fiscal 2013, citing weakness in the international freight market.
China solar giant Suntech falls back to Earth
Mar 20, 2013 10:18 EDT
China's Suntech reached its zenith as the world's largest solar panel producer, but has plunged to the nadir of financial distress in just a year, highlighting the woes of the industry it shaped.
China's Suntech declares bankruptcy: Xinhua
Mar 20, 2013 07:33 EDT
China's Suntech, one of the world's biggest producers of solar panels, declared itself bankrupt on Wednesday, the official Xinhua news agency said.
Harrison Ford and the Sequester of Doom
Mar 19, 2013 17:54 EDT
He has taken on Nazi tomb raiders, Soviet spies and even Darth Vader's Death Star, but Hollywood legend Harrison Ford was cracking the whip Tuesday against a more potent domestic enemy: budget cuts.
Ryanair makes massive order for 175 Boeing 737s
Mar 19, 2013 17:11 EDT
Irish low-cost airline Ryanair on Tuesday announced an order for 175 Boeing 737-800 airplanes in a major fleet expansion three weeks after the EU blocked its takeover of rival Aer Lingus.
Taiwan to privatise sole aircraft maker AIDC
Mar 19, 2013 12:12 EDT
Taiwan said Tuesday it would privatise its sole aircraft maker Aerospace Industrial Development Corporation (AIDC) as part of a government drive to offload large state-owned assets.
Airport security sector set to take off: analysts
Mar 19, 2013 10:48 EDT
The airport security sector is still expected to soar despite US budget cutbacks as air traffic grows and the threat of terrorism persists, analysts say.
Thailand to spend $68 bn on transport projects
Mar 19, 2013 10:45 EDT
Thailand's cabinet on Tuesday approved a plan to spend $68 billion on a high-speed railway and other transportation mega projects to drive the nation's economic development.