China Resources' 2012 Profit Surges 31% at $508 Million
China Resources looks to team up with market leaders in the future as the retail sector remains challenging.
Cyprus Extends Bank Closure until Tuesday as it Prepares "Plan B" for Bailout
The new plan is expected to include a levy on bank deposits over €100,000 and nationalising pension funds.
China Manufacturing Picks up in March after New Year Holiday Slowdown
China's manufacturing activity accelerates in March due to an increase in output and new export orders.
Asos Shares Surge 7% on Robust First-Half Sales
Asos bucks the dismal trend in retail sector with 34% rise in first-half sales.
Greggs Full-Year Profit Down 2.2% on Wet Weather and Sector Weakness
Greggs' full-year profit falls to £51.9m despite sales rise as consumer spending remained under pressure.
Osborne's Budget 2013: Almost 50% Believe Chancellor Should be Sacked [VIDEO]
Pre-Budget opinion poll reveals that 44 percent of Britons believe George Osborne should be replaced as Chancellor.
ANA Seeks Cash Compensation from Boeing for Dreamliner Grounding
ANA says it will take a month to fit the new battery systems to its fleet after Boeing gets all regulatory approvals.
Ryanair Places $15.6bn Order for 175 Boeing Aircraft
Ryanair order comes as Boeing suffers battery problems with Dreamliner jets.
European Car Sales Down 10.2% in February
Car sales continued to decline in Europe, despite price cuts by major carmakers.
India Cuts Key Interest Rate to 7.5%, Second Time in 2013 to Revive Growth
India's central bank has lowered the interest rates as expected by economists and the finance ministry.
HSBC Accused of Facilitating Money Laundering and Tax Evasion in Argentina
HSBC is facing criminal charges in Argentina that could lead to substantial fines for the troubled bank.
China Overtakes UK as Fifth-Largest Arms Exporter
China's arms exports surge 162 percent between 2008 and 2012 from previous five-year period, says SIPRI.
High Street Footfall Rises as Consumers Shun Shopping Centres - BRC
The UK high streets enjoy strongest growth since December 2011 while shopping centres suffer decline in footfall.
London Home Prices Surge as Sterling Weakness Drive Demand from Foreign Buyers - Rightmove
Property asking prices rise 1.7% nationally, indicating revival of the UK housing market.
China's Consumer Watchdog Goes After Volkswagen and Apple
China is getting tougher on manufacturers that deliver poor after sales service, and VW and Apple are in the spotlight.
Sony Finalises Sale of US Headquarters for $1.1 Billion
Sony looks to recover from four straight yearly losses with the sale of its New York City headquarters.
Eurozone and IMF Agree on €10 Billion Bailout for Cyprus
The deal requires Cyprus to trim deficit, shrink banking sector and increase taxes.
UK Home Rental Costs Down 0.1% in February
Increased availability of mortgages have triggered more home purchases recently.
EU Summit: Italy and France Seek Flexible Budget Rules
The European Union Summit have debated the issues of jobs, growth and spending cuts in the region.
Boeing Expects Dreamliners to Resume Commercial Operation within "Weeks"
Boeing incorporates additional safety features in the battery system to make it reliable.
US Government Bars Shell from Arctic Drilling
Shell not permitted to drill until its operations are overhauled to meet harsh Arctic conditions.
Trinity Mirror 2012 Profit Down 75% on Lower Revenues and Goodwill Impairment
Trinity Mirror posts decline in 2012 profits and revenue partly due to competition from rival Sun on Sunday.
Home Retail Raises Yearly Profit Outlook on Strong Sales at Argos
Home Retail's Argos division benefits from increased sales of consumer electronics, white goods and core electricals.
India's Wholesale Price Inflation Rises to 6.84% in February
India's wholesale price index beats analysts' expectations and rises to 6.84% in February. .
Japan's Revised Industrial Output up 0.3% in January
Japan's industrial output rises 0.3% in January as against initial reading of 1% gain, shows revised data.
New Zealand Keeps Benchmark Rate Unchanged at 2.5%
New Zealand's labour market remains weak despite expansion in demand and output, leading to uneven economic economy.
Inditex Yearly Profit Rise 22% on Global Expansion
Zara owner Inditex's net profit rises to €2.4bn in fiscal year 2012 as it added 482 more stores in 64 markets.
BHP Billiton Denies Allegations of Corrupt Practices During Beijing Olympics
BHP Billiton maintains that it has complied with all applicable laws during its Beijing Olympics sponsorship.
Cathay Pacific Profit Plummets 83% on High Fuel Prices and Weak Cargo Demand
Cathay Pacific operations suffer from eurozone crisis and increased competition in the sector.
UK to Back Retail Sector's Expansion into Overseas Markets for Exports Growth
Britain will promote its retailers' overseas expansion under a two-year action plan.
