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Updated: 24 min 59 sec ago
General Electric Co. (GE) on Friday reported earnings that rose by 13 percent in its second quarter.
General Electric Co. on Friday said second-quarter operating earnings were $3.9 billion, or 39 cents a share, compared with $3.7 billion, or 36 cents a share, a year ago.
U.S. drugmaker AbbVie has finally reached an agreement valued at around $55 billion to combine with Shire after its British counterpart rebuffed several takeover attempts.
U.S. drug maker AbbVie Inc. said on Friday it will buy Irish pharmaceutical firm Shire PLC in a deal valued at $54 billion, a move that could release it from U.S. corporate taxes.
Swedish truck maker AB Volvo says profit in the second quarter jumped 21 percent on the back of cost savings, efficiency schemes and streamlined production.
Emergency workers at the crash site of the downed Malaysia Airlines jet on Friday recovered a second black box from the plane, according to media reports.
Here are the closing levels for Asia's major stock markets: Tokyo (Nikkei Average) down 1% ; Hong Kong (Hang Seng Index) down 0.3% ; Shanghai (Shanghai Composite Index) up 0.2% ; Sydney (S&P/ASX 200) up 0.2% ; Seoul (Kospi) down 0.1% ; Taipei (Taiex) down 0.1% Copyright © 2014 MarketWatch, Inc.
Wireless equipment maker Ericsson says second-quarter profit rose 76 percent to 2.7 billion kronor ($394 million) mainly due to higher margins on its premium products, lower restructuring charges and improved overall efficiency.
Russian stocks were headed for the worst weekly losses since March as equities continue to move south on Friday in the wake of the crash of a civilian jetliner in Ukraine.
The possibility that the civilian jetliner downed over war-torn eastern Ukraine with nearly 300 people onboard was hit by a missile could have profound consequences for the world's airlines.
The price of oil continued to climb on Friday, reaching nearly $104 a barrel on concerns that the tensions over Ukraine and new sanctions against Russia could disrupt global supplies.
China's newly installed Housing and Urban-Rural Development Minister Chen Zhenggao told local regulators to "try all means to deplete the real-estate inventory" in the second half of this year, according a 21st Century Business Herald report Friday.
Asian stock markets fell Friday, unnerved by a ratcheting up of global political tensions after a Malaysian jetliner was shot down over Ukraine and Israel launched a ground offensive in the Gaza Strip.
Shares in Malaysia Airlines System Bhd ended Friday morning trading 11% lower, at one point falling as much as 18%, after the apparent shooting down of one of its passenger jets over Ukraine.
Move over, pot brownies.
Foreign luxury-car makers -- including Daimler AG's Mercedes-Benz, fellow German auto producer BMW AG , and Jaguar Land Rover, owned by India's Tata Motors Ltd. -- may become the targets of China's ongoing antitrust campaign, a Chinese state-media report said Friday.
Hit by two astonishing tragedies in quick succession, the Malaysia Airlines brand may become the airline industry's equivalent of asbestos or News of the World: toxic to the public and, experts say, impossible to redeem.
The Nokia X phones that Microsoft discontinued this week blend two rival operating systems, but leave out the best of each.
Here are the latest trading levels for Asia's major stock markets: Tokyo (Nikkei Average) down 1.1% (at break) ; Hong Kong (Hang Seng Index) down 0.3% ; Shanghai (Shanghai Composite Index) up 0.4% ; Sydney (S&P/ASX 200) up 0.1% ; Seoul (Kospi) down 0.4% Taipei (Taiex) up 0.1% Copyright © 2014 MarketWatch, Inc.
As a broad sell-off spread from U.S. and European markets to Asia, triggered by the Malaysia Airlines crash near the Ukraine-Russia border, Hong Kong stocks felt the pain on Friday morning, with the Hang Seng Index falling 0.9%, marking the biggest decline in more than a week.