LONDON (Reuters) - British retailer Marks & Spencer posted its lowest annual profit since 2009 on Tuesday as a struggling general merchandise division dragged on growth in food sales. The 129-year-old firm, which serves 21 million shoppers a week... [Full Article]
By Margaret Chadbourn WASHINGTON (Reuters) - Freddie Mac , the No. 2 provider of U.S. mortgage money, posted its second-largest quarterly profit in company history in the first quarter due to rising home prices, falling mortgage delinquencies and inc... [Full Article]
(Reuters) - Discovery Communications Inc posted higher revenue and profit in the first quarter as its cable television networks grabbed better U.S. and international ratings, and forecast annual revenue above estimates. The owner of the Discovery Cha... [Full Article]
TRIPOLI, Libya (AP) - Under pressure from armed militias, Libya's parliament passed a sweeping law Sunday that bans anyone who served as a senior official under Moammar Gadhafi during his 42 year-long rule from working in government. (Source: As... [Full Article]
DETROIT (Reuters) - General Motors Co posted a stronger-than-expected quarterly profit on Thursday as its North American business was better and its loss in Europe was smaller than Wall Street estimated. Net income attributable to common stockholders... [Full Article]
(Reuters) - Chesapeake Energy Corp reported a quarterly profit that topped Wall Street expectations on Wednesday, helped by lower production expenses and higher oil and natural gas prices. Chesapeake said its first-quarter profit was $15 million, or ... [Full Article]
By David Brett LONDON (Reuters) - The FTSE 100 index jumped 2 percent on Tuesday on strong earnings reports and after weak German data fuelled expectations for a rate cut in the euro zone, the UK's main export market. The FTSE 100 rose 125.50 po... [Full Article]
LONDON (Reuters) - The number of Britons claiming unemployment benefit fell unexpectedly in March, official data showed on Wednesday. The Office for National Statistics said the number of people claiming jobless benefit fell by 7,000 last month, conf... [Full Article]
TAIPEI (Reuters) - HTC Corp reported a record-low quarterly profit on Monday that missed analysts' estimates after the delayed launch of its 2013 flagship smartphone model further undermined sales amid tough competition from Samsung Electronics ... [Full Article]
By Caroline Valetkevitch NEW YORK (Reuters) - U.S. stocks ended their worst week this year with losses on Friday after a weaker-than-expected jobs report undermined confidence in the economy and first-quarter earnings growth. The jobs data, which sho... [Full Article]