Strong sales at Airbus owner EADS

29 July 2011 Last updated at 06:46 GMT Airbus said there had been strong demand in the commercial aviation sector European aerospace giant EADS has reported first-half sales ahead of expectations, amid strong demand for its Airbus aircraft.Sales rose 8% to 21.9bn euros ($31.3bn; £19.2bn), while it took orders worth 58.1bn euros in the period.EADS said orders at the recent Paris Air Show had been...

Read More

Global oil demand 'set to rise'

13 July 2011 Last updated at 09:59 GMT Continue reading the main story Global oil demand will increase further next year, the International Energy Agency (IEA) has predicted.The IEA, which represents the main oil consuming nations, said the increase in crude usage would continue to be driven by emerging economies.It estimates that demand will grow by an average of 1.47 million barrels a day in 2012, up from the current 2011 average daily growth of 1.2 million.Last month, IEA members released oil...

Read More

AUDIO: Europe 'living in fantasy' over crisis

Was the deal put together by eurozone heads of state last week more sticking plaster than lasting solution? Terry Smith, chief executive of Tullett Prebon, explains that although Europe's deal has "bought a bit of time", it has only "kicked the can down the road". Get in touch with Today via email , Twitter or Facebook or text us on 84844. View the original article h...

Read More

Budget long-haul?

27 July 2011 Last updated at 16:54 GMT By Saira Syed Business reporter, BBC News, Singapore While it's common to pay a cheap fare for a short flight to a holiday destination, the thought of forgoing leg room, hot meals and other "frills" for more than a few hours may not sound as appealing.Yet some airlines are trying to bring the successful short-haul budget model to longer flights, with the latest...

Read More

Apple holding more cash than US

29 July 2011 Last updated at 12:55 GMT US President Barack Obama is known to be an iPad owner, along with 28 million other people Apple now has more cash to spend than the United States government.Latest figures from the US Treasury Department show that the country has an operating cash balance of $73.7bn (£45.3bn).Apple's most recent financial results put its reserves at $76.4bn.The US House of...

Read More

HMRC service standards lambasted

29 July 2011 Last updated at 23:00 GMT The tax authorities are not as welcoming as they should be, the MPs found The way taxpayers are treated by HM Revenue & Customs has been lambasted by MPs on the Treasury select committee.Their latest report says public dissatisfaction risks undermining public confidence in the tax system.The worst problems were in getting tax offices to answer phone calls...

Read More

Post may be left with neighbours

View the original article h...

Read More

Moody's warns over Spanish rating

29 July 2011 Last updated at 14:48 GMT Spain is continuing to see a number of protests about spending cuts and high unemployment Moody's has warned it may downgrade the credit rating of Spanish government bonds, saying last week's second rescue package for Greece had done little to ease debt concerns in the eurozone.The rating agency said it was reviewing Spain's current Aa2 grade, adding that if...

Read More

Oil price rise lifts Exxon profit

28 July 2011 Last updated at 13:11 GMT Rex Tillerson says that his firm is investing at record levels to meet oil demand US oil giant Exxon Mobil has reported a rise in quarterly profits on the back of higher oil prices.The company said that net profit rose to $10.7bn (£6.6bn) for the three months to June, up 41% from the same period last year. The profit was its largest since the third quarter...

Read More

Rising costs hit Centrica profits

28 July 2011 Last updated at 12:25 GMT British Gas says it has been selling at a loss British Gas owner Centrica has reported operating profits of £1.3bn in the six months to 30 June, down 19% on the same period last year.The results include a 54% fall in operating profits at its residential energy division, British Gas, to £270m.British Gas says higher wholesale gas prices and lower energy use...

Read More

Premium travellers boost BA group

29 July 2011 Last updated at 08:46 GMT International Airlines Group CEO Willie Walsh: "It's good to be back in the black"International Airlines Group (IAG), formed by the merger of BA and Iberia, has swung to a first-half profit of 39m euros (£34m), boosted by a rise in premium travellers.That compared with a 419m-euro loss made in the same period a year earlier.But it said fuel costs had risen 34.8% to 2.4bn euros in the six-month period and said that fuel was still a "significant issue".The company...

Read More

Italy pays much more to sell debt

28 July 2011 Last updated at 14:51 GMT The recent bailout deal for Greece agreed by the eurozone has not calmed all of investors' fears Italy has had to pay much more to borrow than a month ago as investors continue to worry about its huge debts. Italy had to pay an interest rate of 4.8% to sell 3.5bn euros ($5bn; £3.1bn) of three-year bonds - up 1.1 percentage points from June.Despite multiple...

Read More

BSkyB gives £1bn to shareholders

29 July 2011 Last updated at 12:52 GMT BSkyB chief executive Jeremy Darroch: "We've invested a lot in terms of what we put on screen and people like that"Satellite broadcaster BSkyB is returning £1bn to shareholders angered by the recent fall in share prices.Its shares have fallen sharply in the past month after News Corporation abandoned its bid for BSkyB amid the phone-hacking scandal.The company...

Read More

Data dilemma

27 July 2011 Last updated at 23:02 GMT Each week we ask high-profile technology decision-makers three questions. Big data is posing a huge analytics problem, says Stephen Brobst This week it is Stephen Brobst, chief technology officer (CTO) of Teradata.Teradata is a technology company that specialises in data warehousing and analytic applications. The Ohio-based company has over 900 customers worldwide,...

Read More

Samsung profit dips on low demand

29 July 2011 Last updated at 05:27 GMT Falling demand for LCD televisions has hit profits of electronics manufacturers in Asia Samsung has become the latest electronics maker to report a drop in profits due to a weak demand for TVs. Samsung said net profit was 3.5tn won ($3.3bn; £2bn) in the second quarter, an 18% drop from a year earlier.The company said its TV unit made a loss for the second successive...

Read More

VIDEO: Retracing Grapes of Wrath route

In The Grapes of Wrath, John Steinbeck describes the harrowing journey of the Joad family - migrant workers forced to leave their farm during the Great Depression - a story still relevant to those facing the realities of America's current economic crisis, as Paul Mason found when he retraced their route. Broadcast on Thursday 28 July 2011. View the original article h...

Read More

Virtual people to get ID checks

29 July 2011 Last updated at 00:12 GMT Is that cyclops the same one you saw yesterday? The faces and behaviour of online avatars could help identify the people controlling them, scientists believe.Using both characteristics, researchers hope to develop techniques for checking whether the digital characters are who they claim to be.Such information could be used in situations where login details...

Read More

Starbucks profits rise by a third

28 July 2011 Last updated at 21:46 GMT Starbucks wants to earn half its revenues from outside the US US coffee giant Starbucks has reported a sharp rise in profits and increased its full-year forecasts as global sales continued to grow.Net income for the three months to 3 July was $279.1m (£170.5m), up 34% on the $207.9m the company made a year earlier. Revenue was up 12% at $2.93bn.Like-for-like...

Read More

Bashir plans austerity for Sudan

12 July 2011 Last updated at 15:09 GMT There has been a sharp increase in the cost of living in Khartoum Sudan's President Omar al-Bashir has announced that he will introduce economic austerity measures following South Sudan's secession.Most of Sudan's oil lay in the south and the two countries have not agreed how to divide future oil revenues.The president told MPs that a three-year "emergency...

Read More

VIDEO: International Airlines: 'Back in the black'

Sorry, I could not read the content fromt this page.View the original article h...

Read More

VIDEO: Business concerns over US debt delay

Sorry, I could not read the content fromt this page.View the original article h...

Read More

VIDEO: Swiss tourism hit by strong franc

Sorry, I could not read the content fromt this page.View the original article h...

Read More

Inside China's secretive tech giant

25 July 2011 Last updated at 23:18 GMT By Nick Mackie Shenzhen, China WATCH: Nick Mackie gets a rare look inside Huawei Technologies in Shenzhen, ChinaIt's one of the world's leading - and somewhat inscrutable - technology companies. Its telecom systems connect a third of the world's mobile phones. And globally, it employs 110,000 staff - more than Cisco or Microsoft. The company is Huawei - born...

Read More

Vodafone to get Verizon dividend

29 July 2011 Last updated at 00:28 GMT This is the first dividend Vodafone shareholders will have received from Verizon. Vodafone shareholders will finally receive a return on the company's investment in Verizon Wireless after the US telecoms firm approved the payment of a $10bn (£6.1bn) dividend.Vodafone owns a 45% stake in Verizon, and so will receive $4.5bn, due to be paid on 12 January next...

Read More

FA urgently needs reform say MPs

Whittingdale MP wants FA overhaulThe Football Association has been urged by MPs to make big changes in the way the game is run in England.A report by MPs stresses the need to address the financial instability and the levels of debt in football.John Whittingdale MP said: "Significant changes need to be made to the way the game is run to secure the future of England's football heritage."Portsmouth...

Read More

Nintendo shares slump after loss

29 July 2011 Last updated at 07:17 GMT Nintendo's latest gadget the 3DS has not made a big impact on the market Shares in Nintendo have tumbled on the Tokyo stock exchange a day after the company announced a loss in the first quarter.The shares closed down 13%, having fallen as much as 20%, on news of the worse-than-expected profits figures.On Thursday, Nintendo reported a net loss of 25.5bn yen...

Read More

Moving IT beyond the firewall

20 July 2011 Last updated at 21:12 GMT Beyond the firewall: Aruba Networks chief technology officer Keerti Melkote says companies are struggling to secure corporate data on employees' personal devices Each week we ask high-profile technology decision-makers three questions. Aruba Networks CTO Keerti Melkote founded the company with partner Pankaj Manglik in 2002 This week it is Keerti Melkote, founder...

Read More

VIDEO: Life in Sparta amid economic gloom

Sorry, I could not read the content fromt this page.View the original article h...

Read More

Spending cuts hurt BAE Systems

28 July 2011 Last updated at 19:20 GMT The new RAF Nimrod is one of the BAE projects scrapped as a result of spending cuts Military spending cuts have led to a drop in profits at UK defence company BAE Systems.Profits before tax for the first six months of the year were £691m, down from £781m a year ago, with global sales down 13% to £9.2bn.Despite this, BAE announced a dividend rise of 7% and a...

Read More

Drama or crisis?

28 July 2011 Last updated at 10:44 GMT By Damian Kahya Business reporter, BBC News Some Republicans are firmly against raising the debt ceiling As worries over debts move from Europe to the US, the markets have reacted with only mild panic.Economic problems in the US could be far more serious for the world economy than anything that could happen in Greece.But some economists have suggested that...

Read More

VW unveils an ultra-efficient car

25 January 2011 Last updated at 18:23 GMT By Jorn Madslien Business reporter, BBC News Improved aerodynamics and weight reductions enable the car to use a smaller engine Volkswagen has made a car it says can travel 313 miles on a gallon of diesel, and that emits just 24 grammes of carbon dioxide per kilometre travelled.The XL1, which seats two adults, combines a 0.8 litre two cylinder diesel engine...

Read More

Apple overtakes Nokia and Samsung

29 July 2011 Last updated at 11:55 GMT Handsets from Apple (left) and Samsung (right) saw the biggest growth Apple has become the world's biggest seller of smartphones, according to industry analysts. The US firm overtook both previous leader Nokia and Samsung in the second quarter of the year, when total smartphone sales hit a record 110m. The figures from Strategy Analytics also showed that 361m...

Read More

Japan data shows further recovery

29 July 2011 Last updated at 02:15 GMT Japanese manufacturers have been working at reduced capacity after the earthquake and tsunami Japan's economy has continued to recover from the aftermath of the earthquake and tsunami, latest government data showed.Factory output rose 3.9% in June from the previous month as supply chain concerns eased, while household spending increased by 0.8%.Analysts said...

Read More

EU to investigate Royal Mail plan

29 July 2011 Last updated at 10:53 GMT The UK government said it was confident that its plan was in line with EU guidelines The European Commission has begun an investigation into whether the UK government's plan to overhaul the Royal Mail contravenes EU rules on state aid.The government plans to take on Royal Mail's £8bn pension deficit and restructure its £1.7bn debts.The Commission said it doubted...

Read More

Rail crash

28 July 2011 Last updated at 11:41 GMT By Saira Syed Business reporter, BBC News Protesters carry a banner that reads 'return dignity to the victims who died on July 23' As China mourns lives lost in last week's high-speed rail crash near Wenzhou, there is also a tone of anger in the air."The people don't need this world number one or that world title. All we want is safety!," commented one reader...

Read More