Eurozone Unemployment Rate Stable After Recession Exit
Eurozone's unemployment rate remains at 12.1%, though state-by-state disparities exist.
Birkin Bag Maker Hermès Sees Profit Soar on Booming Global Sales
Hermes' net profit rose by 13.9% in the first-half after solid sales rises across all its business regions.
China's Sinopec Buys 33% Stake in Apache Corporation's Egyptian Oil and Gas Unit
Sinopec to buy a third of Apache's Egypt business in deal worth $3.1bn.
Zurich Insurance Chairman Josef Ackermann Resigns Over CFO Pierre Wauthier's Suicide
Ackermann said Wauthier's family believe he is partly responsible for suicide "as unfounded as any allegations might be".
Carrefour Profit Lifted by Strong French Market Despite Falling European Sales
Carrefour's sales rose in France and Asia but declined in other parts of Europe.
Emirates Partnership Helps Boost Qantas Airways to Full-Year Profit
Australia's largest airline returns to profit with A$6m posting.
New Zealand Gives Fonterra Milk Products All Clear in Botulism Contamination Tests
Ministry for Primary Industry said Fonterra's milk products do not contain botulism-causing bacteria.
Australia's Woolworths Posts Sharp Profit Rise Despite Gloomy Retail Market
Woolworths' profits leapt 24.4% in the year to 30 June as it opened 73 new stores.
Daimler Targets China's Fast-Growing Luxury Car Market with €2bn Mercedes-Benz Plant
Daimler plans to set up its biggest factory in China to boost Mercedes Benz sales in country
Billabong's Tripled Loss Pushes Shares to All Time Low
Australian company estimates net loss of about $777m at the end of fiscal year.
VisitScotland's Marketing Campaigns Add £310m to Scottish Economy
VisitScotland attracted both domestic and international tourists, targeting emerging markets such as China and India.
Amgen Acquiring US Cancer Drug Firm Onyx Pharmaceuticals
Amgen buying Onyx which was earlier targeted by Pfizer and Novartis as well.
China's Jiangxi Copper Eyes Glencore Xstrata's Peru Copper Mine Unit
Jiangxi Copper is likely to form a consortium with other potential bidders from China
Barrick Gold Agrees $300m Sale of Yilgarn South Mines to Gold Fields
Barrick Gold makes sale of western Australia mining assets as industry mired in commodity price crisis
Bloomberg Restricts Journalists' Access to Client Data After Snooping Scandal Reviews
External review says Bloomberg journalists had access to its clients' log-in and personal information details
SuperGroup Partners with Demsa to Bring Superdry Fashion to Turkey
SupergGroup, popular with its trendy Superdry fashion brand, will open three new stores with Demsa by 2014
Heineken and Carlsberg Blame Sluggish European Market for Disappointing Results
Beer consumption in the European region has fallen due amid tax hikes, bad weather and economic woes
Detroit's Ally Financial to Repay $6bn US Bailout
Ally Financial plans to repay part of the rescue amount by selling $1bn common stock.
German Property Group Deutsche Wohnen Plans to Buy Rival GSW Immobilien
Deutsche Wohnen will offer 51 shares for every 20 GSW shares in merger deal
UK's Kentz Rejects 'Undervalued' Amec and Germany's M+W Group's $1.1bn Takeover Approach
British engineering firm Kentz rejected Amec and M+W's takeover bid, saying both undervalued the company
Greece's Finance Ministry Axes Privatisation Agency's Chairman Stelios Stavridis
Stavridis is dismissed due to "ethical reasons" after using plane of businessman who bought state assets
Energy Consumption in England and Wales Drops by 24.7%
Rising costs and efficient usage by households cut energy consumption.
China's Alibaba Acquires Stake in US's ShopRunner
Acquisition to boost Alibaba's e-commerce as ShopRunner offers Amazon-like services.
Blackstone in Talks to Acquire Stake in Goldman Sachs's UK Unit, Rothesay Life
Blackstone to reportedly pick up minority stake in Rothesay.
Deutsche Bank, Goldman Sachs and Morgan Stanley to Buy Stake in China's Huarong
Huarong Asset Management $1.5bn share offer before Hong Kong listing.
Britain’s Asda Posts Slow Sales Growth as Family Budget Remains Tight
Asda posts 0.7% like-for-like sales growth in the second quarter.
Iowa Gives Greenlight to Athene Holding’s $1.55bn Aviva USA Acquisition
Retirement savings provider to acquire Aviva's US annuity operations while adhering to newly imposed strict risk management controls
Telekom Austria and KPN International to Form a 'Backbone' Network
The joint venture will combine their infrastructure to expand their presence across Europe.
Deutsche Bank and HSBC Oppose Saudi Telecom’s $1.2bn Loan Restructuring Call
The tussle of $1.2bn loan will leave the banks with about $600m losses.
Average Flat Price in England and Wales Hits £250,000
Land Registry data analysed by property investment firm London Central Portfolio.
