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The world’s largest brewer Anheuser-Busch InBev NV said Thursday that second-quarter profits rose by more than a quarter as higher sales in China made up for declining demand in the U.S. and Brazil.
The Asian-Pacific region, led my China, is now AB InBev’s third biggest market, cushioning the brewer from difficult economic conditions in its traditional […]
Google has bought about 1,000 issued and pending patents from IBM in its quest to shore up its defenses against suits by other technology companies, according to documents filed with the U.S. Patent and Trademark Office.
Google Inc. and IBM Corp. spokesmen wouldn’t reveal how much Google paid or why IBM was selling the patents.
The patents […]
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Stocks are falling after heavy-equipment maker Caterpillar Inc. reported weak results in the second quarter, sowing doubts about the pace of the global recovery.
The weaker results from Caterpillar and a continuing deadlock over raising the U.S. borrowing limit pushed stocks lower. Overseas markets rose after European leaders reached a deal aimed at containing the region’s […]
House Republicans are pulling out of negotiations being led by Vice President Joe Biden on the budget because Democrats insist on pairing spending cuts with at least some tax increases.
Majority Leader Eric Cantor of Virginia said it’s time for President Barack Obama to weigh in directly.
Cantor said the Republican-dominated House simply won’t support tax increases […]
Europe sought Monday to put a firewall between the dire financial situation of Greece and the destiny of Ireland and Portugal, the two other countries that have already received international aid.
The region’s finance ministers signed off on important changes to both its current and future bailout funds, which they hope will reinforce confidence in the […]
Protesters in Tokyo are preparing to hold mass demonstrations against the use of nuclear power.
The Saturday protests will take place on the three-month anniversary of the earthquake and tsunami that killed tens of thousands and caused one of the world’s worst nuclear disasters.
The March 11 earthquake triggered a large tsunami along Japan’s northeast coast that […]
– China’s lending and money supply grew by less than economists expected in February, aiding the government’s campaign to rein in prices in the fastest-growing major economy.
Banks extended 535.6 billion yuan ($81.5 billion) of new local-currency loans last month, compared with the 600 billion yuan median estimate in a Bloomberg News survey of 19 […]
AOL has completed its $315 million purchase of the online news hub The Huffington Post.
AOL Inc., a pioneer in dial-up Internet access, is trying to rebuild itself as a purveyor of online news and other content. It is the largest purchase the company has made under CEO Tim Armstrong, a former Google advertising executive hired […]
The New York Times Co. says print advertising revenue has stabilized since late January.
There’s still a decline, but not as much as the 7 percent drop recorded in the fourth quarter compared with a year earlier. The company says the print advertising decline was in the low single digits in February.
Digital advertising revenue grew in […]