Profits at Indian drugmaker Dr Reddy’s fell 93% as research costs rose and sales flagged. The firm said its profits…
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Dollar gains on Greenspan speech
The dollar has hit its highest level against the euro in almost three months after the Federal Reserve head said…
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Wall Street cool to eBay’s profit
Shares in online auction house eBay fell 9.8% in after-hours trade on Wednesday, after its quarterly profits failed to meet…
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Worldcom director ends evidence
The former chief financial officer at US telecoms firm WorldCom has finished giving evidence at the trial of his ex-boss…
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Brewers’ profits lose their fizz
Heineken and Carlsberg, two of the world’s largest brewers, have reported falling profits after beer sales in western Europe fell…
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Huge rush for Jet Airways shares
Indian airline Jet Airways’ initial public offering was oversubscribed 16.2 times, bankers said on Friday. Over 85% of the bids…
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Weak data buffets French economy
A batch of downbeat government data has cast doubt over the French economy’s future prospects. Official figures showed on Friday…
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Crude oil prices back above $50
Cold weather across parts of the United States and much of Europe has pushed US crude oil prices above $50…
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Mixed reaction to Man Utd offer
Shares in Manchester United were up over 5% by noon on Monday following a new offer from Malcolm Glazer. The…
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Parmalat founder offers apology
The founder and former boss of Parmalat has apologised to investors who lost money as a result of the Italian…
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