NEW YORK (AFP) - Wal-Mart Stores, the world's biggest retailer, reported Tuesday modestly better than expected quarterly earnings but expressed caution amid a struggling US economy. More »
SAN FRANCISCO (AFP) - Hewlett-Packard Co. announced plans Tuesday to buy Electronic Data Systems in a tie-up that creates a global powerhouse in computer services to compete against IBM. More »
NEW YORK (Reuters) - Hewlett-Packard has struck a deal to buy Electronic Data Systems for $12.6 billion (6.5 billion pounds), seeking to boost its technology services business to better compete against market leader IBM . More »
WASHINGTON (AFP) - Federal Reserve chairman Ben Bernanke said Tuesday financial markets are still "far from normal" but have improved as a result of the extraordinary liquidity measures of the US and other central banks. More »
PARIS (AFP) - European aviation giant Airbus admitted Tuesday it would fall short of planned deliveries this year and next of its troubled A380 superjumbo in a fresh setback for the world's biggest passenger jet. More »
WASHINGTON (AFP) - US retail sales declined 0.2 percent in April, as consumers put a brake on purchases of fuel-guzzling sport utility vehicles, a government report showed Tuesday. More »
LONDON (Reuters) - Oil rose towards $125 a barrel on Tuesday, shrugging off a forecast for slower growth in world demand from the International Energy Agency that earlier sparked profit taking. More »
PARIS (AFP) - Record oil prices and a slowdown in advanced economies are set to curb global oil demand despite growth in China and the Middle East, the IEA forecast on Tuesday, saying stockpiling was a key factor. More »
LONDON (Reuters) - Food equipment maker Enodis , which has agreed Illinois Tool Works's 1.03 billion pounds bid, posted a 6 percent rise in first-half underlying profit on Tuesday. More »
PARIS (AFP) - French banking giant Credit Agricole said Tuesday it is seeking 5.9 billion euros (9.2 billion dollar) in fresh cash from shareholders after reporting another 1.2 billion euros write-down due to the US subprime home loan crisis. More »
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