Strong overseas sales put fizz in Coca-Cola's 4Q

By MICHELLE CHAPMAN

Coca-Cola's strong overseas growth more than made up for a weak North American market in the fourth quarter, sending profit up 55 percent for the world's largest beverage maker.

New Feb 09, 2010 | 8:25 am

Online ad improvement seen in IAC's 4Q loss

By RACHEL METZ

Internet company IAC/InterActiveCorp lost $1 billion in the fourth quarter because it wrote down the value of its search business, but the results beat expectations and offered the latest indication that the online advertising market is improving.

New Feb 09, 2010 | 8:00 am

Pulte Homes posts loss for Q4

Pulte Homes Inc. said Tuesday its loss narrowed in its fourth quarter, as the homebuilder reported heavy charges that were partly offset by a tax gain.

Feb 09, 2010 | 7:45 am

McDonald's sales figure rises 2.6 percent in Jan.

By ASHLEY M. HEHER

McDonald's Inc., the world's largest fast-food chain, said Tuesday a key sales comparison rose 2.6 percent in January, as strong overseas sales more than offset a decline in the U.S.

Feb 09, 2010 | 7:45 am

Opel asks for billions in restructuring plan

By MATT MOORE

General Motors Co.'s Opel unit asked European governments for billions of euros (dollars) in aid on Tuesday as it formally presented a restructuring plan that will result in some 8,300 job cuts.

Feb 09, 2010 | 7:25 am

EU searches for way out of debt crisis

By AOIFE WHITE

Markets somehow expect the European Union to backstop Greece's sagging finances. But with officials denying a bailout is needed, the precise path out of the crisis for the EU's incoming new leadership remains fogged with uncertainty.

Feb 09, 2010 | 7:05 am

Nissan returns to profit in Oct-Dec quarter

By JAY ALABASTER

Japanese carmaker Nissan Motor Co. said Tuesday it booked a profit in the October-December quarter after a deep loss a year earlier, and now expects to be in the black for the full fiscal year.

Feb 09, 2010 | 5:35 am

SAS to raise cash, cut 700 jobs after Q4 loss

By KARL RITTER

Scandinavian airline group SAS on Tuesday asked shareholders for a 5 billion kronor ($670 million) cash injection, saying it needs more liquidity to emerge from the economic downturn after reporting a loss in the fourth quarter.

Feb 09, 2010 | 5:25 am

Japan Airlines rejects Delta, stays with American

By TOMOKO A. HOSAKA and HARRY R. WEBER

Japan Airlines, wooed for months by Delta Air Lines with promises of cash and a broad global network, spurned the world's biggest carrier and opted to keep its alliance with American Airlines.

Feb 09, 2010 | 4:45 am

Greece seeks pension, wage reform as strike looms

By NICHOLAS PAPHITIS

Greece's government on Tuesday tackled the thorny issue of pension and wage reform, part of its plan to fight a debt crisis that has alarmed global markets, even as strikes were being planned nationwide.

Feb 09, 2010 | 4:30 am

UK retail sales rise 1.2 pct in January

By JANE WARDELL

Britain's struggling economy showed more lackluster indicators Tursday, with imports rising faster than exports in December despite the falling value of its currency and retailers reporting a slow start to the year.

Feb 09, 2010 | 4:25 am

Caterpillar buys into the FutureGen Alliance

By HERB MEEKER - H&R Staff Writer

MATTOON - Caterpillar Inc., the world's largest maker of mining and construction equipment, plans to join a coalition of companies planning to build an experimental clean-coal power plant known as FutureGen near Mattoon.

Feb 09, 2010 | 4:00 am | Loading…

German exports down most in 60 years in 2009

By GEIR MOULSON

German exports tumbled by nearly one-fifth last year, the biggest fall for 60 years and one that officially knocked the country off its perch as the world's top exporter, government data showed Tuesday.

Feb 09, 2010 | 4:00 am

UBS makes Q4 profit, but withdrawals continue

By FRANK JORDANS

Swiss bank UBS AG posted a fourth-quarter profit of 1.205 billion Swiss francs ($1.12 billion) Tuesday, beating analysts' expectations partly thanks to a tax credit, but said rich clients' withdrawals had continued.

Feb 09, 2010 | 3:35 am

Oil above $72 in Asia amid weakening dollar

By CHUN HAN WONG

Oil prices rose above $72 a barrel Tuesday in Asia as a weakening U.S. dollar offset concerns about the strength of the global economic recovery.

Feb 09, 2010 | 3:30 am

NYSE Euronext returns to profit in 4th quarter

NYSE Euronext, the trans-Atlantic stock exchange operator, said Tuesday it returned to profit in the fourth quarter as cost-cutting helped offset a drop in revenue from falling global share trading volumes.

Feb 09, 2010 | 3:20 am

Toyota to recall over 50,000 Prius in Europe

Toyota Motor Corp. said Tuesday it is recalling some 50,000 Prius cars in Europe to modify the software for the anti-lock brake system, part of a wider global recall and the latest in a string of embarrassing safety lapses at the world's largest automaker.

Feb 09, 2010 | 2:05 am

Google cuts fee to break Nexus One contract

By JOELLE TESSLER

Google Inc. has lowered by $200 the fee it charges customers who break a standard two-year contract for its new Nexus One phone on the T-Mobile USA Inc. network.

Feb 08, 2010 | 8:20 pm

Super Bowl is most watched TV show ever

By DAVID BAUDER

The New Orleans Saints' victory over Indianapolis in the Super Bowl was watched by more than 106 million people, surpassing the 1983 finale of "M-A-S-H" to become the most-watched program in U.S. television history, the Nielsen Co. said Monday.

Feb 08, 2010 | 8:05 pm