12345...
BMW sees net profit slip amid higher launch costs for new vehicles

BMW sees net profit slip amid higher launch costs for new vehicles

August 4, 2015 - 17:22 AMT  13:22 GMT
BMW AG also said it sold a less profitable product mix containing more compact cars, which typically earn less per vehicle.
Greece expects to conclude deal with int’l lenders within two weeks

Greece expects to conclude deal with int’l lenders within two weeks

August 4, 2015 - 17:18 AMT  13:18 GMT
"We are determined to pursue a deal, and be tough in negotiations until the last minute," the Greek official said.
Franck Muller CEO to invest $10mln in business projects in Gyumri

Franck Muller CEO to invest $10mln in business projects in Gyumri

August 4, 2015 - 16:56 AMT  12:56 GMT
“I have suggested that the government provided $2 million more, making the sum $12 million,” RA PM Hovik Abrahamyan said.
HSBC reports 3.8% net profit drop

HSBC reports 3.8% net profit drop

August 3, 2015 - 10:34 AMT  06:34 GMT
Europe's biggest bank announced in June that it would cut its global workforce by up to 50,000 as it exits Brazil and Turkey.
WB approves $40mln loan for rural road improvement in Armenia

WB approves $40mln loan for rural road improvement in Armenia

August 1, 2015 - 15:06 AMT  11:06 GMT
The proposed additional financing will raise the total length of roads to 360 km, 73 km of which have already been rehabilitated.
EU removes two Iranian oil companies from its sanctions list

EU removes two Iranian oil companies from its sanctions list

August 1, 2015 - 14:23 AMT  10:23 GMT
The court, however, declined to remove two other companies, Petropars Iran Co and Petropars Oilfields Services Co, from the list.
Farm Service Center established in Ararat province

Farm Service Center established in Ararat province

July 31, 2015 - 15:32 AMT  11:32 GMT
The new center in Poqr Vedi will provide a package of services to local farmers and link them with international companies.
German minister wants to rebalance of European Commission's role

German minister wants to rebalance of European Commission's role

July 30, 2015 - 15:54 AMT  11:54 GMT
Among issues raised were the Commission's ability to enforce EU budget discipline rules neutrally, a persistent concern of Germany.
Armenian government to reduce inspections by 98%

Armenian government to reduce inspections by 98%

July 30, 2015 - 15:16 AMT  11:16 GMT
Minister-Chief of Government Staff said that checklists will be filled in, limiting the activities of inspection authorities.
Oil giant Royal Dutch Shell to cut 6,500 jobs

Oil giant Royal Dutch Shell to cut 6,500 jobs

July 30, 2015 - 12:26 AMT  08:26 GMT
The firm announced profits of $3.4bn in the three months to 30 June, a 35% decrease compared with last year.
U.S. economy, job market continue to strengthen, Fed says

U.S. economy, job market continue to strengthen, Fed says

July 30, 2015 - 08:41 AMT  04:41 GMT
Although the Fed may have ramped up expectations of a rate hike in September, it didn't give a clear signal of its plans.
China recovers $6.2bn in losses from graft

China recovers $6.2bn in losses from graft

July 29, 2015 - 14:38 AMT  10:38 GMT
The body said the funds were recovered between a high-profile meeting of Party leaders in Nov 2012 and June this year.
BP reports sharp fall in profits

BP reports sharp fall in profits

July 29, 2015 - 12:41 AMT  08:41 GMT
The results come at a time of continuing uncertainty for oil companies, with oil prices more than 50% lower than last year.
Etihad boasts $32,000 3-room suite on flights to New York

Etihad boasts $32,000 3-room suite on flights to New York

July 28, 2015 - 12:49 AMT  08:49 GMT
The living room, private bathroom and 2-person bedroom are situated in the nose of the doubledecker jet’s upper level.
Volkswagen overtakes Toyota in global vehicle sales

Volkswagen overtakes Toyota in global vehicle sales

July 28, 2015 - 10:44 AMT  06:44 GMT
GM retook the sales crown in 2011, when Toyota's production was hurt by the quake and tsunami in northeastern Japan.
Swiss bank UBS reports 53% increase in net profits

Swiss bank UBS reports 53% increase in net profits

July 27, 2015 - 15:40 AMT  11:40 GMT
The bank's main rival in Switzerland, Credit Suisse, announced a second quarter net profit of 1.1bn francs, beating expectations.
12345...