European equities closed lower on Friday with investors reacting to earnings and euro zone inflation and unemployment reports.» Read More
KARLSKRONA, Sweden, April 30- Sweden's Saab expects to receive a firm production contract from the government for a new generation of submarines within months and is finalising negotiations for the mid-life upgrade of the Gotland class, executives said on Thursday. Sweden agreed last month to order two new A26 subs from Saab, which last year bought the marine...
WASHINGTON, March 30- The U.S. Supreme Court on Monday agreed to consider whether a man injured by a drunken driver in Florida is required to pay more than $120,000 in medical costs back to his health plan administrator. The nine justices will hear an appeal filed by Robert Montanile, who required back surgery after the accident that took place in West Palm Beach in...
TOKYO, March 23- Two Japanese firms that until recently were the frontrunners to win a multi-billion dollar contract to build Australia's new submarines have rebuffed an invitation to attend a gathering of top Australian naval officials and politicians this week. The no-show by Mitsubishi Heavy Industries and Kawasaki Heavy Industries at an event called...
NEW YORK, March 22- As the dollar surged in the last 12 months, David Marcus, head of the Evermore Global Value fund, steadily increased his stake in Europe. Demand for a way to hedge currency exposure while investing in Europe helped the WisdomTree Europe Hedged Equity Fund bring in $5.3 billion in new assets over the first two months of the year, the most of any equity...
ESSEN, Germany, Nov 20- Germany's biggest steelmaker ThyssenKrupp is resuming dividend payments a year earlier than expected, signalling confidence in a turnaround with the promise of a modest payout for shareholders after it beat profit forecasts. ThyssenKrupp said on Thursday it would pay 0.11 euros a share for the year to end-September.
*FTSEurofirst 300 down 0.4 pct, Euro STOXX 50 0.7 pct lower. *Technip weighs on France's CAC after CGG bid. France's CAC fell 0.7 percent, with Germany's DAX down 0.5 percent.
Nov 17- American Specialty Alloys said it plans to build a $1.2 billion aluminum mill in southeastern United States to tap into rising demand from the automotive industry. Boggs is making the switch to aluminum after almost a quarter of a century working in engineering and technology development for major steel producers including AK Steel, Severstal's...
European shares pared losses and closed higher on Thursday, with the easing of tensions in Ukraine helping investor sentiment.
Southeast Asian nations are channeling military budgets to develop local expertise and lower their dependence on big U.S. and European arms suppliers.
European bourses closed higher on Tuesday, after fluctuating near the flat line and posting modest gains.
European stocks closed higher on Monday, with a rally in mining stocks helping the U.K.'s FTSE 100 to post healthy gains of over 1 percent.
European equities closed lower as Spanish shares sunk on disappointing data, while retailers struggled on the first day of December trade.
ThyssenKrupp is selling its U.S. plant to two rivals in a long-awaited deal to help extricate the German steelmaker from an ill-fated boom-year expansion plan.
European equities closed higher as investors remained cautious ahead of the release of the minutes from the Federal Open Market Committee's October meeting.
Structural issues in the European steel making industry need to be addressed, according to Jeff Largey, mining analyst at Macquarie Group, as steel prices look set to decline.
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European shares closed lower on Wednesday with investor sentiment still subdued as concerns weighed about U.S. borrowing.
European shares were higher in early afternoon trade on Wednesday despite preliminary growth data from the euro zone missing estimates.
European shares slipped on Friday as disappointing economic data in the UK and U.S. dampened sentiment.
European shares closed higher on Tuesday after a survey showed a sharp improvement in German investor and analyst sentiment.