News

30/05/2013

SINGAPORE/PARIS, May 30 (Reuters) - Singapore Airlines Ltd agreed to spend $17 billion to buy 30 Airbus  and 30 Boeing Co. aircraft, underscoring the airline's bet on a pick-up in the struggling premium class market. The significant o... Read More

28/05/2013

OSLO, May 28 (Reuters) - Statoil and partners may invest some 65 billion crowns ($11.13 billion) in the development of gas reserves on the Bjarmeland platform in the Barents Sea. The estimate is an early evaluation, the firm said in a pre... Read More

24/05/2013

MUMBAI (Reuters) - Tata Steel Ltd(TISC.NS) shares rose as much as 6.65 percent on Friday after its January-March quarterly operating profit beat analyst estimates. Brokerage IDFC estimated Tata Steel posted an adjusted standalone operating pro... Read More

22/05/2013

LONDON, May 22 (Reuters) - Britain's Rolls-Royce has won a contract to supply engines to power 23 Airbus aircraft ordered by U.S. leasing company CIT Aerospace, it said on Wednesday. Rolls, the world's second-largest maker of aircraft ... Read More

15/05/2013

LONDON (Reuters) - British energy services company John Wood Group said delays in its gas turbines division should subside by the end of the year, allowing the group to meet forecast core profit growth of 15 percent for 2013. The company, whic... Read More

14/05/2013

European aerospace giant EADS  reported a near doubling of first-quarter net profit on Tuesday, boosted by a strong performance by its main subsidiary Airbus which makes airliners. Quarterly profits soared by 91 percent from the level 12 ... Read More

08/05/2013

Toyota on Wednesday said its full-year net profit more than tripled to $9.7 billion, with a weak yen and cost-cutting helping inflate the bottom line for the world's biggest automaker. The Japanese giant also said it was on track for anoth... Read More

03/05/2013

Royal Dutch Shell has crushed any hopes it might kickstart a British shale gas boom, saying nobody knows whether shale will succeed in the UK and it has no desire to be the company that tries to find out. In a blow to Government attempts to at... Read More

02/05/2013

Hopes for a rebound in UK construction output were given a boost on Thursday, as a closely-watched economic indicator showed that the sector almost returned to growth in April. The Markit/CIPS Construction Purchasing Managers' Index (PMI) ... Read More