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  • Core Laboratories beats 4Q profit forecasts Wednesday, 28 Jan 2015 | 7:18 PM ET

    AMSTERDAM _ Core Laboratories NV on Wednesday reported fourth-quarter net income of $66.2 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of $1.53 per share. Core Laboratories shares have decreased 17 percent since the beginning of the year.

  • The ruling at The Hague District Court clears the way for Vladimir Drinkman to be sent to New Jersey, where he is one of four Russians and a Ukrainian charged in a sophisticated data breach that netted at least 160 million credit and debit card numbers and resulted in losses of hundreds of millions of dollars over seven years. Drinkman's lawyer, Bart Stapert,...

  • AMSTERDAM— Royal Philips NV, the world's biggest lighting maker, said Tuesday that its net profit slumped in 2014' s fourth quarter to 134 million euros from 412 million euros a year due to declining sales and restructuring costs. Shares plunged 5 percent on the Amsterdam stock exchange before rallying slightly to be down 4.3 percent at 25.64 euros early Tuesday.

  • DUBLIN/ FRANKFURT, Jan 22- Business leaders in Europe gave a mixed welcome to the European Central Bank's moves to bolster growth and inflation in the euro area on Thursday, with many- especially in Germany- concerned the programme could delay unpopular economic reforms. "This is a step in the right direction and we'll have to watch and see how it plays out," Swiss...

  • Gunvor: no rebound to $100 oil, contango to deepen Thursday, 22 Jan 2015 | 10:18 AM ET

    AMSTERDAM, Jan 22- Oil trader Gunvor's head of analysis said on Thursday crude was unlikely to return to $100 a barrel in the foreseeable future, but prices were expected to be volatile as traders sought to move oil into storage during the current glut. David Fyfe, formerly research chief at the International Energy Agency, said OPEC would not want to see a return to...

  • Sanctions sap allure of Russia's Arctic shipping route Thursday, 22 Jan 2015 | 6:58 AM ET

    OSLO/ STOCKHOLM, Jan 22- Western sanctions on Russia are restricting the Arctic shipping route along its north coast to domestic cargoes and energy exports with many foreign firms staying away after test voyages on a fabled short-cut between Europe and Asia. Now it seems that reality is kicking in, "said Bjorn Gunnarsson, managing director of the Centre for High...

  • WASHINGTON— Macau, the Chinese territory known for casino gambling, outperformed the rest of the world's major cities economically last year, according to a report out Thursday. Cities in the developing world, especially China, dominated the top of the annual economic rankings of 300 cities worldwide by the Brookings Institution and JPMorgan Chase.

  • The Brookings Institution and JPMorgan Chase ranked 300 major cities worldwide for economic performance last year.

  • AMSTERDAM, Jan 21- ASML Holding NV, the world's largest maker of semiconductor production equipment, has reported forecast-beating results on the back of stronger-than-expected demand from memory chip makers, sending its shares to a record high. ASML, whose rivals include Applied Materials, which it outranks by stock market value, and Nikon, reported...

  • AMSTERDAM, Jan 21- ASML Holding NV, the world's largest maker of semiconductor production equipment, reported forecast-beating results on the back of stronger-than-expected demand from memory chip makers, sending its shares to a record high. ASML makes lithography machines, which use highly focused beams of light to trace out the circuitry of computer chips.

  • Schlumberger will spend about $1.7 billion for a minority stake in a big Russian energy company at a time when that country's relations with the West are under strain and as energy prices hit multiyear lows. Schlumberger said last week that it would cut 9,000 jobs in response to falling oil prices, which have forced other energy companies to lower their...

  • THE HAGUE, Netherlands— Net profit at consumer goods giant Unilever, maker of Ben& Jerry's ice cream, rose 5 percent in 2014 from the year earlier to 5.5 billion euros despite tough conditions in its markets, the company announced Tuesday. Unilever said sales slid 2.7 percent to 48.4 billion euros, but underlying sales, which strip out currency fluctuations and the...

  • Jan 2- A federal judge rejected Uber Technologies Inc's bid not to disclose emails from Chief Executive Travis Kalanick in a California lawsuit accusing the popular ride-booking service of deceiving customers about how it shares tips with drivers. District Judge Edward Chen's order in San Francisco was the latest setback for Uber, which has drawn criticism...

  • Jan 2- A federal judge rejected Uber Technologies Inc's bid not to disclose emails from Chief Executive Travis Kalanick in a California lawsuit accusing the popular ride-booking service of deceiving customers about how it shares tips with drivers. District Judge Edward Chen's ruling in San Francisco was the latest setback for Uber, which has drawn...

  • *Stimulus measures from Japan, China lend some support. LONDON, Dec 29- Brent crude oil rose to $60 per barrel on Monday, supported by concern about disruption to exports from Libya, but a global supply glut kept prices nearly 50 percent off their peak for the year. "There's tension in Libya, but liquidity is very thin so not much is needed to move oil prices," said Hans van...

  • LONDON, Dec 24- Brent oil fell on Wednesday, trading around $60 per barrel weighed down by strong supply in the United States and a rising dollar. Brent for February delivery was down $1.50 to $60.19 at 1327 GMT after gaining $1.58 on Tuesday. In Europe, gasoline stocks reached their highest in five months in the Amsterdam- Rotterdam- Antwerp oil hub, data from PJK...

  • The backlog to remove aluminium from Detroit, the most acutely impacted location, shrank by 30 days to 641 days, while the wait to remove other metals stuck behind the wall of aluminium fell from 111 to 93 days. A "flash" queue to load out zinc at New Orleans, meanwhile, almost disappeared in November, dwindling to just 10 days from 71 days at the end of September.

  • BRUSSELS, Dec 13- Hacking of computers at Belgian telecoms firm Belgacom, alleged to have been carried out by a British spy agency, was more far-reaching than previously thought and went undetected for more than two years, according to reports published on Saturday. News of the intrusion into Belgacom's networks first broke late last year when Belgium asked...

  • UPDATE 11-Oil tumbles towards $62 on supply glut Friday, 12 Dec 2014 | 10:09 AM ET

    LONDON, Dec 12- Oil fell to fresh lows not seen since July 2009 on Friday with Brent crude slipping towards $62 a barrel on concerns over a global supply glut and weak demand. The International Energy Agency said oil prices would likely come under further pressure, cutting its outlook for demand growth in 2015 and predicting that non- OPEC output gains would...

  • *China monthly crude output, refinery data eyed. LONDON, Dec 12- Oil's rout extended on Friday, with Brent crude slipping towards $62 a barrel, its lowest since July 2009, on persistent concerns over a global supply glut and weak demand outlook. Oil prices will likely come under further downward pressure, the International Energy Agency said as it cut its outlook for...