28 Apr 2005 05:49 AM

Hitachi Ltd.,Japan's largest electronics conglomerate, reported today its annual results. Profit rose to 279.06 billion yen from 184.86 billion yen last year. The company expects its 2005 profit to rise to 300 billion yen ($2.83 billion). Analysts were expecting 256.3 billion yen.

27 Apr 2005 09:24 AM

ConocoPhillips, the third-largest oil company in the U.S., reported today that its first-quarter profit rose 80% due to high oil and gas prices.

27 Apr 2005 09:05 AM

Khodorkovsky case hearing was delayed one more time after a Moscow court said the hearing was postponed till May 16 amid the worries that Russia’s President Vladimir Putin may face criticism from the world leaders that are expected to come to Russia for the May 9 anniversary.

27 Apr 2005 08:58 AM

Microsoft Corp. and SAP will join their efforts in designing a new product in the framework of their 15-year partnership, the tycoons announced on Tuesday. The new product, code-named "Mendocino," will link together Microsoft’s Office applications and SAP’s business planning software, allowing customers to avoid spending time on duplicated data entries.

27 Apr 2005 08:16 AM

The Chicago-based Boeing yesterday said Air India agreed to buy 20 of its new 787 Dreamliner airplanes. The statement follows Monday’s victory when Air Canada announced an order for 32 wide-body airplanes in a deal that can give the aerospace giant more chances to regain the leadership in the industry.

27 Apr 2005 08:08 AM

Boeing Co., the world’s largest aircraft maker, reported on Wednesday its first-quarter results. Income fell to $535 million, or 66 cents a share, from $623 million, or 77 cents, last year. Analysts were expecting

27 Apr 2005 07:54 AM

The world’s largest passenger plane, the Airbus A380, took off successfully on its initial flight Wednesday. The four engines giant was carrying a crew of six and 22 tons of test instruments. The continuation of its first flight was planned to take between two and four hours.

27 Apr 2005 07:13 AM

Sony Corp. reported on Wednesday a net loss in the last quarter, ended in March. Net loss rose to 56.45 billion yen ($532.6 million) from a loss of 38.16 billion yen in the previous year.

27 Apr 2005 07:11 AM

Amazon.com reported yesterday its first-quarter profit fell 30%

27 Apr 2005 07:10 AM

ABN Amro NV reported that its first-quarter profit rose 8.5%. Profit increased to 895 million euro ($1.16 billion), or 54 euro cents a share, from 825 million euro, or 50 euro cents a share, last year. Operating profit rose to 2.2% 1.35 billion euro, from 1.32 billion euro.

27 Apr 2005 06:48 AM

Siemens AG reported today its fiscal second-quarter profit fell 35%. Profit fell

26 Apr 2005 05:55 PM

Chinese-Indonesian relations are expected to be improved after the agreement signed by the leaders of the two countries on Monday.

26 Apr 2005 10:56 AM

Deloitte & Touche LLP will probably settle with the Securities and Exchange Commission today, paying a $50 million fine on civil charges connected to the auditor’s failure to prevent massive fraud at Adelphia Communications Corp.

26 Apr 2005 09:29 AM

BP Plc, the world’s second-largest oil company, reported today that its first-quarter profit rose 29% to a new record because of higher oil prices.

26 Apr 2005 09:12 AM

Schlumberger reported on Tuesday that its first-quarter profit more than doubled due to high energy prices. Profit rose to $523 million, or 86 cents a share, from $220 million, or 37 cents a share, in the previous year. Excluding charges and credits, the company earned 65 cents a share. Analysts were forecasting 61 cents a share