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TOKYO - Mitsubishi Motors Corp., struggling to overcome a spate of defect scandals, said Thursday... Mitsubishi Posts $543M Los

TOKYO - Mitsubishi Motors Corp., struggling to overcome a spate of defect scandals, said Thursday it lost 63.8 billion yen ($543 million) in the half-year through September, although that was an improvement over the heftier 178.8 billion yen loss racked up the same period a year ago.

The Japanese automaker's fiscal first-half sales fell 7 percent to 991.3 billion yen ($8.4 billion) from...

Mitsubishi Motors Corp., struggling to overcome a spate of defect scandals, said Thursday it lost... Mitsubishi posts $543M los

Mitsubishi Motors Corp., struggling to overcome a spate of defect scandals, said Thursday it lost 63.8 billion yen ($543 million) in the half-year through September, although that was an improvement over the heftier 178.8 billion yen loss racked up the same period a year ago.

The Japanese automaker's fiscal first-half sales fell 7 percent to 991.3 billion yen ($8.4 billion) from 1.07 tri...

German Stocks Rise as E.ON and HVB Group Earnings Top Estimates Nov. 10 (Bloomberg) -- Ge... German Stocks Rise as E.ON and H

German Stocks Rise as E.ON and HVB Group Earnings Top Estimates

Nov. 10 (Bloomberg) -- German stocks advanced, paced by E.ON AG and HVB Group after both companies reported earnings that exceeded analysts' estimates.

The DAX Index added 0.3 percent to 5027.27 as of 12:15 p.m. in Frankfurt, advancing for a second day. The HDAX Index increased 0.2 percent.

E.ON climbed 1.7 ...

WASHINGTON - A solid phalanx of Republican moderates drove House GOP leaders to drop a hotly cont... House Drops Arctic Drillin

WASHINGTON - A solid phalanx of Republican moderates drove House GOP leaders to drop a hotly contested plan to open an Alaskan wilderness area to oil drilling as a sweeping budget bill headed toward a vote Thursday.

A plan to allow states to lift a moratorium on oil drilling off the Atlantic and Pacific coasts was also axed.

Still, passage of the broader plan cutting $54 billion fro...

European Stocks Climb, Paced by ING, HVB and Aegon on Earnings Nov. 10 (Bloomberg) -- Eur... European Stocks Climb, Paced by

European Stocks Climb, Paced by ING, HVB and Aegon on Earnings

Nov. 10 (Bloomberg) -- European stocks rose, paced by banks and insurers as earnings from ING Groep NV, HVB Group and Aegon NV beat analysts' estimates. ING's chief executive said he was ``positive'' about the rest of this year.

``The overall earnings picture is good,'' said Manu Koskiniemi, who...

Payday loans will soon be limited here in Michigan. The State House has overwhelmingly passed a b... House Passes Bill on Preda

Payday loans will soon be limited here in Michigan. The State House has overwhelmingly passed a bill that regulates the payday lending industry. It calls for putting a cap on loan amounts and finance charges.

Payday loans are short-term, high-interest loans that provide cash advances to people who use their next paycheck as security. Several states already have similar legislation in the ...

China PBOC report offers little new on yuan policy but warns on investment BEIJING (MNI) - ... China PBOC report offers little

China PBOC report offers little new on yuan policy but warns on investment

BEIJING (MNI) - The Chinese central bank had little new to offer those looking for signs in its latest monetary policy report that more flexibility will be introduced into the yuan exchange rate mechanism in the near-term.

The People's Bank of China said in the report, published on its website following the ...

Chester Devenow: Retired industrialist and bank executive was also a civic leader Chester D... Chester Devenow: Retired industr

Chester Devenow: Retired industrialist and bank executive was also a civic leader

Chester Devenow, a titan of local industry who almost single-handedly created a Fortune 500 company and who later was called upon to mediate many high-profile management-labor disputes, died of lymphoma yesterday at the Hospice of Northwest Ohio's Toledo Center. He was 86.

Mr. Devenow had the confiden...

South African Rail Link May Cost Up to 24 Bln Rand (Update1) Nov. 8 (Bloomberg) -- South ... South African Rail Link May Cost

South African Rail Link May Cost Up to 24 Bln Rand (Update1)

Nov. 8 (Bloomberg) -- South Africa's planned high-speed rail link between the capital Pretoria and the largest city Johannesburg may cost as much as 24 billion rand ($3.55 billion), a government official said.

The government will spend about 20 billion rand on the so- called Gautrain, while construction companies bui...

Rambert School of Ballet and Contemporary Dance will be able to offer degree courses for the firs... Rambert will offer degrees

Rambert School of Ballet and Contemporary Dance will be able to offer degree courses for the first time this year, after becoming an affiliate of the Conservatoire for Dance and Drama.

Students at the training centre, which is the eighth to join the conservatoire, will now be able to study for a foundation degree and a BA (Hons) in Ballet and Contemporary Dance, validated by the Universit...