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Western Union profit falls on buyout

Western Union Co, the world's largest payment transfer company, posted a 16 percent decline in third-quarter earnings on Tuesday, hurt by expenses linked to the buyout of its former parent.

Sharp Estimates First Half Profits Decline

Sharp Corp announced on Monday that itâ€™s April-September period operating profit would fall 12.4 percent to 79 billion yen because of higher business costs and accounting changes.

Wealthy investing more in environment

Green -- not greed -- is good these days, especially if you're rich and want to be seen to care. Some clients are increasingly seeking environmentally friendly investments and ways to minimize their impact on the environment, their private bankers said at the Reuters Wealth Management Summit in Geneva.

Mexican President critiques U.S. border fence

Mexican President Felipe Calderon criticized the planned U.S. border fence designed to stem illegal immigration, saying countries should be "building bridges, not fences" in an interview broadcast on Monday.

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Hitachi mulls comeback for struggling hard-disk unit

Japan's Hitachi Ltd is mulling options for its ailing hard disk drive business including bringing in a strategic investor to turn the business around, sources close to the matter said.

GM-UAW talks continue as strike enters second day

Negotiators for the United Auto Workers union and General Motors Corp have resumed bargaining on Tuesday while more than 73,000 factory workers participated in the second day of the first national strike against the automaker in more than 30 years.

India kicks off Incredible India@60 campaign in the Big Apple

Incredible India@60, a four-day celebration commemorating the 60th anniversary of Independence of the world's largest democracy, kicked off in New York, US, Sunday, September 23.

GM faces tough choice on jobs to get UAW deal

With General Motors Corp facing the prospect of its first strike in almost a decade, the $50 billion question for the struggling automaker is how badly it wants to buy peace with its major union.

Oil hovers around $82

Oil hovered around $82 a barrel on Thursday as sinking U.S. crude inventories and the threat of a storm gathering near Florida increased worries of a winter supply crunch in the world's top consumer.

Oil hovers above $82, supply worries linger

Oil hovered above $82 a barrel on Thursday as sinking U.S. crude inventories and the threat of a storm gathering near Florida increased worries of a winter supply crunch in the world's top consumer.

Mexico oil bombers say acting in self-defense

Leftist rebels behind this week's crippling bomb attacks on Mexican gas and oil pipelines said they are acting in self-defense against government aggression.

Mexican Congress gives final approval to tax reform

Mexico's Congress approved a landmark tax overhaul on Friday, handing President Felipe Calderon a major legislative victory and Mexico its biggest economic reform in a decade.

Safety "myths" said to block Mexico trucks from U.S.

A U.S. Senate decision to block funding for a test program to let Mexico's long-haul trucks operate in the United States uses outdated safety fears to mask protectionism, Mexican truckers and the U.S. government say.

Mexico pipeline bombers threaten new attacks

A leftist rebel group claimed responsibility on Tuesday for bomb attacks on Mexican oil and gas pipelines earlier this week, and threatened more assaults against the state-owned oil company.

Mexico pipeline attacks raise fear of new Nigeria

A series of attacks on Mexico's fuel pipelines this summer has raised fears the key energy supplier could slide into a Nigeria-style struggle to keep its oil and gas flowing, experts said on Tuesday.

Dozens dead in Mexico truck crash and blast

A tractor-trailer loaded with explosives blew up in Mexico on Monday after a traffic accident, creating a huge fireball that killed dozens, including rescue workers and photographers.

Oil nears record ahead of OPEC meet

Oil surged to near an all-time record over $78 a barrel on Monday as OPEC prepared to meet on output policy and after attacks on crude and natural gas pipelines in U.S. supplier Mexico.

Mexican trucks granted authority to operate in U.S.

The Bush administration granted authority late on Thursday for long haul Mexican trucks to operate anywhere in the United States, launching a one-year pilot program that some members of Congress, labor and consumer groups assert shortchanges safety.

Munich Re says Dean damage limited, confirms target

Hurricane Dean is expected to cost Munich Re less than 100 million euros ($136 million), the reinsurer said on Wednesday, adding that it was sticking to its 2007 earnings forecast.

Huge Hurricane Felix hits Central America

Hurricane Felix slammed into Nicaragua and Honduras on Tuesday as a potentially catastrophic Category 5 storm, lashing remote coastal villages with violent winds and torrential rains.

Oil holds above $74, investors on hurricane watch

Oil held above $74 on Tuesday, as investors tracked a potentially catastrophic hurricane threatening Central America and OPEC stuck to supply curbs ahead of its meeting next week.

U.S. oil companies monitor Felix, output unharmed

U.S. Gulf of Mexico oil and natural gas producers were monitoring powerful Hurricane Felix as it churned through the Caribbean Sea on Sunday, but none had reported reduced offshore production or evacuated workers to onshore locations.

L'Oreal CEO confident on 2007 despite U.S. slowdown

L'Oreal said on Friday it was confident on the outlook for 2007, despite signs of a slowdown in the United States, thanks to booming demand in new markets and the launch of new brands like Sanoflore and Diesel.

Mexico's economy expanded 2.5 pct in June

Mexico's economy, hobbled in recent months by a U.S. slowdown and less demand for exports, expanded 2.5 percent in June from the same month last year, modestly less than analysts had forecast in a Reuters poll.

Oil easier as Mexico resumes output

Oil drifted below $70 a barrel on Friday after Mexico's Gulf oil rigs suffered only minor damage from Hurricane Dean and in response to fears of a U.S. economic slowdown.