Business

Business Luxury Rolls-Royce car sales soar worldwide Luxury Rolls-Royce car sales soar worldwide
Sales of luxury Rolls-Royce cars, which cost hundreds of thousands of dollars, soared all around the world during the first half of the year, even in Europe which is recovering slowly from recession.
Business Trade talks on $1 trillion in environmental goods Trade talks on $1 trillion in environmental goods
Diplomats from the United States, China and the European Union began talks Tuesday with 11 other countries toward a deal that would cut tariffs on almost $1 trillion of environmental goods.
Business Samsung earnings hit by slowing China sales Samsung earnings hit by slowing China sales
Samsung Electronics Co. said operating profit declined to a two-year low in the second quarter, hit by the strong local currency and slowing demand for smartphones in China.
Business IMF chief hints at reduction in growth forecasts IMF chief hints at reduction in growth forecasts
The chief of the International Monetary Fund predicts that the global economy will improve over the next 18 months but says that growth might not be as fast as previously expected.
Business Expedia agrees to buy Wotif for $658M
Expedia Inc. says it has agreed to pay 703 million Australian dollars ($658 million) for Wotif.com Holdings Ltd., an online travel company that covers the Asia-Pacific region.
Business China's premier says country's economy improving China's premier says country's economy improving
China's economy improved in the latest quarter but faces "downward pressure," and Beijing will increase the strength of targeted policy measures to shore up growth, the country's premier said Monday.
Business Head of the pack: US economy
Last month, employers added 288,000 jobs and helped reduce the unemployment rate to 6.1 percent, the lowest since September 2008. June capped a five-month stretch of 200,000-plus job gains - the first in nearly 15 years.
Business Markets lackluster on US Independence Day
Following earlier gains Friday in Asia when investors responded to a strong U.S. jobs report the previous day, markets in Europe were lackluster as Wall Street celebrated the Fourth of July holiday.
Business Oil slips below $104 as supplies set to increase
The price of crude oil slipped below $104 a barrel Friday, extending its drop to seven straight days, as expectations of increased supply offset strong U.S. employment growth.
Business Billionaire Richard Mellon Scaife dies at 82
Richard Mellon Scaife, the billionaire heir to the Mellon banking and oil fortune and a newspaper publisher who funded libertarian and conservative causes and various projects to discredit President Bill Clinton, has died. He was 82.