Industrials

EU asks for WTO panel into Boeing subsidy dispute

The European Commission said on Thursday it has asked the World Trade Organization to set up a panel to look into what Brussels sees as the United States' refusal to stop subsidies to planemaker Boeing in the world's largest trade dispute.

UK says EADS-BAE decision in companies' hands

British Defense Minister Philip Hammond said on Wednesday a decision on a proposed merger between EADS and BAE was in the companies hands and that the government was awaiting their verdict.

Wall Street slips on Spain, earnings worries

Wall Street ended little changed in a volatile session on Tuesday as uncertainty over when Spain might apply for a bailout shackled a market struggling to build on gains that took the S&P 500 to its highest in nearly five years.

Budget cuts continue to hit global arms makers' revenues: report

Tighter military budgets in the United States and Europe reduced the revenues of top weapons makers by one percent in the first half of the year and are likely to continue to depress sales in the full year, a new study by Deloitte LLC showed.

Wall St slips on Spain, earnings worries

Wall Street ended little changed in a volatile session on Tuesday as uncertainty over when Spain might apply for a bailout shackled a market struggling to build on gains that took the S&P 500 to its highest in nearly five years.

Glencore files EU anti-trust notice for Xstrata deal

Glencore has formally notified the European Commission of its $33 billion plan to take over Xstrata , sources familiar with the matter told Reuters on Tuesday, setting the European regulatory clock ticking on the deal.

'Go-Shop' Window Closes on Dollar Thrifty

Car rental company Dollar Thrifty reached the conclusion of its “go-shop” period late Wednesday night without finding another suitor, paving the way for shareholders to vote on the $2.6 billion buyout bid from larger rival Hertz.

Toshiba Sees Rebound as Apple Leads Demand for NAND

Unlike many beleaguered constituents of Japan Inc, Toshiba Corp, has reason to cheer ballooning sales at Apple - millions of the iPhones it sells are loaded with NAND flash memory made by Japan's last big chip maker.

The Brave New World of Tomorrow's Tablets

Tablets with paper-thin screens that can be folded and tucked into your back pocket, artificial intelligence and augmented reality -- the stuff of science fiction may be coming to a store near you.

3M 2Q Earnings Pregame Scorecard

Last quarter 3M (NYSE:MMM) topped estimates by 11 cents per share, and it is scheduled to report again on Thursday.