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  • AMSTERDAM _ Koninklijke Philips NV on Monday reported second-quarter earnings of $466.4 million. On a per-share basis, the Amsterdam- based company said it had net income of 51 cents. Keywords: Royal Philips, Earnings Report.

  • VIENTIANE, Laos— China scored an unequivocal diplomatic victory Monday, preventing Southeast Asia's main grouping from criticizing it for territorially expanding in the South China Sea, even though some of the bloc's members are victims of Beijing's actions. Most significantly, it failed to mention a recent ruling by an international arbitration panel in a...

  • The foreign ministers of the 10 countries that make up the Association of Southeast Asian Nations deliberated for several hours during the three sessions, including over lunch, but remained deadlocked because Cambodia didn't want China criticized, diplomats said. "It's really a loyalist of the big country C," a diplomat who attended closed-door meetings told...

  • *Apple targeted after South China Sea ruling. HONG KONG, July 24- Apple Inc found itself on the receiving end of a small, short-lived anti-U.S. protest this week in China, the tech firm's biggest overseas market and a country where foreign firms have suffered damaging boycotts following international spats. "There's not much Apple or any other foreign firm can do to...

  • While the agenda of the meetings is extensive, the focus behind the scenes is expected to be on the July 12 decision by a Hague- based tribunal in a dispute between China and the Philippines. The Permanent Court of Arbitration found that China had no basis for the expansive claims it has made on territorial waters around the Philippines. China has similar claims...

  • LONDON, July 22- Crude futures remained on track for weekly losses on Friday as investors reassessed U.S. data on oil stocks and excesses in oil products in Europe and Asia. "Supply might actually increase in the near term with the further return of disrupted production and higher Middle East production, while demand growth is set to slow in emerging Asia."

  • LONDON, July 22- The number of London Metal Exchange physical storage units continues to decline in tandem with falling registered stocks. As of July 8 there were 608 registered warehouses for the storage of base metals, down from 621 a year ago and from almost 700 in 2012 and 2013.. Total exchange-registered stocks have fallen to 3.6 million tonnes from over 7.5...

  • LONDON, July 22- Crude futures were on track for weekly losses on Friday as investors reassessed U.S. data on oil stocks and excesses in oil products in Europe and Asia. "Supply might actually increase in the near term with the further return of disrupted production and higher Middle East production, while demand growth is set to slow in emerging Asia."

  • LONDON, July 22- Crude futures were on track for weekly losses on Friday as investors reassessed U.S. data on oil stocks and excesses in oil products in Europe and Asia. "Supply might actually increase in the near term with the further return of disrupted production and higher Middle East production, while demand growth is set to slow in emerging Asia."

  • *Ruling affirms Philippines rights over energy-rich Reed Bank. MANILA, July 22- The Philippines, eager to resume development of vital oil and gas reserves off its coast, will likely need to reach an accord with a Chinese government infuriated by last week's ruling that granted Manila a big victory in the South China Sea. Beijing has refused to recognize the ruling...

  • *Ruling affirms Philippines rights over energy-rich Reed Bank. MANILA, July 22- The Philippines, eager to resume development of vital oil and gas reserves off its coast, will likely need to reach an accord with a Chinese government infuriated by last week's ruling that granted Manila a big victory in the South China Sea. Beijing has refused to recognize the ruling...

  • THE HAGUE, Netherlands _ Schlumberger NV on Thursday reported a second-quarter loss of $2.16 billion, after reporting a profit in the same period a year earlier. The average estimate of 20 analysts surveyed by Zacks Investment Research was for earnings of 22 cents per share. Fourteen analysts surveyed by Zacks expected $7.13 billion.

  • THE HAGUE, Netherlands— Anglo-Dutch consumer products giant Unilever, the owner of brands including Ben& Jerry's ice cream, Dove and Hellmann's, says its net profit in the first half of the year rose two percent to 2.7 billion euros despite sales declining 2.6 percent to 26.3 billion euros due to exchange rate fluctuations. Unilever said Thursday that its...

  • A 'To Let' letting sign is seen displayed outside a rental property in an area that is popular for buy-to-let properties

    Brexit exposed cracks in U.K. property investments, but there's still opportunity in the market, Pictet Alternative Advisors’ CEO Nicolas Campiche said.

  • AMSTERDAM _ Core Laboratories NV on Wednesday reported second-quarter profit of $16.6 million. The average estimate of four analysts surveyed by Zacks Investment Research was also for earnings of 35 cents per share. Core Laboratories shares have climbed 14 percent since the beginning of the year.

  • AMSTERDAM, July 20- A Dutch court has ordered the confiscation of 123 million euros in assets from a Dutch-based company that prosecutors alleged was used by two telecoms companies to bribe Gulnara Karimova, the elder daughter of Uzbekistan's president, to secure local operating licenses. The Amsterdam court said in a ruling it had found that the company,...

  • THE HAGUE, Netherlands— Consumer products giant Unilever says it has agreed to buy the fast-growing California- based men's grooming business Dollar Shave Club for an undisclosed sum. Unilever, which already owns personal care products including Axe, Dove and Pond's, said in a statement Wednesday that Dollar Shave Club has "transformed the shaving category...

  • BEIJING— In an apparent attempt to head off large-scale street demonstrations, Chinese state newspapers have criticized scattered protests against KFC restaurants and other U.S. targets sparked by an international tribunal's ruling that denied Beijing's claim to virtually the entire South China Sea. Meanwhile, in Taiwan— one of six sides with territorial...

  • *European hopes pinned on Rotterdam project. ROTTERDAM, Netherlands/ GHENT, Belgium, July 19- A scheme to collect millions of tonnes of greenhouse gases and bury them under the North Sea off the coast of Rotterdam is Europe's best hope of showing it can make carbon capture and storage technology work. Rotterdam, Europe's largest port, is the home to the sole survivor...

  • *European hopes pinned on Rotterdam project. ROTTERDAM, Netherlands/ GHENT, Belgium, July 19- A scheme to collect millions of tonnes of greenhouse gases and bury them under the North Sea off the coast of Rotterdam is Europe's best hope of showing it can make carbon capture and storage technology work. Rotterdam, Europe's largest port, is the home to the sole survivor...