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BP's profits edge lower but beat forecasts

Oil giant BP saw profits edge lower in the first three months of the year.

 

S. Korea's current account surplus doubles in March

South Korea's current account surplus almost doubled in March from the prior month thanks to robust exports of IT products such as smartphones and semiconductors, central bank data showed Mo [ … ]

   

Rare Liberty Head nickel sells for $3.1m

A century-old US five-cent coin, once branded a fake, has been sold for $3.1m (£2m) at auction.

   

Dreamliner: Japan lifts Boeing 787 ban

Japan's airline authority has followed the US regulator in clearing Boeing's troubled 787 Dreamliner to fly again once batteries are replaced.

   

US economy grows 2.5% on buoyant consumer spending

The US economy grew at an annual rate of 2.5% in the first three months of the year, helped by the strongest consumer spending figures in two years.

   

Boeing 787 Dreamliner returns to service in Ethiopia flight

An Ethiopian Airlines 787 Dreamliner has taken off from Addis Ababa, the first commercial flight by the Boeing aircraft since all 787s were grounded in January.

   

IMF advises advanced economies to balance fiscal adjustment risks

The International Monetary Fund (IMF) warned policymakers in advanced economies Thursday to be wary of tighter fiscal policy stifling growth.

   

French unemployment at new high

The number of unemployed people in France rose to a fresh high last month, official data shows.

   

Spain in new move to revive economy

Spain is set to unveil new measures later aimed at reviving the economy, a day after unemployment in the country hit another record.

   

China agrees $8bn Airbus plane deal

China has agreed to buy 60 planes from European firm Airbus, in a deal worth $8bn (£5.2bn) at list prices.

   

Spain unemployment hits record high

Spain's unemployment rate soared to a new record of 27.2% of the workforce in the first quarter of 2013, according to official figures.

   

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