International Business News - FIN http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Today is Tuesday, May 13, the 134th day of 2008. There are 232 days left in the year. Today's Highlight in History: http://www.ibtimes.com/articles/20080513/today-in-history-may-13.htm Tue, 13 May 2008 00:01:39 EDT Prime Minister Vladimir Putin unveiled an exhibit from the art collection of a renowned Russian cellist Monday, a ceremony that reflected his continuing political influence even after stepping down as president. http://www.ibtimes.com/data/articleimgs/45677-aptopix-russia-putin-art.jpg http://www.ibtimes.com/articles/20080512/putin-art-should-help-strengthen-state.htm http://www.ibtimes.com/articles/20080512/putin-art-should-help-strengthen-state.htm Mon, 12 May 2008 18:16:02 EDT Today is Sunday, May 11, the 132nd day of 2008. There are 234 days left in the year. This is Mother's Day. Today's Highlight in History: http://www.ibtimes.com/articles/20080511/today-in-history-may-11.htm Sun, 11 May 2008 00:01:51 EDT Swedish Trade Minister Ewa Bjorling urged Moscow Wednesday to stop increasing tariffs on wood exports to avoid delays to Russia joining the World Trade Organization. http://www.ibtimes.com/articles/20080507/swedish-official-urges-russia-to-stop-hiking-wood-tariffs.htm Wed, 07 May 2008 17:56:13 EDT Europe's largest shipbuilder, Aker Yards ASA, said Wednesday its net profit for continuing operations in the first quarter declined 83 percent from a year earlier due to an increase in operating expenses in a heated shipbuilding market. http://www.ibtimes.com/articles/20080507/aker-yards-1q-net-profit-plunges.htm Wed, 07 May 2008 06:01:24 EDT Swedish security company Securitas AB on Wednesday posted a 5 percent drop in first-quarter earnings, citing a one-time gain in the same period last year and a weaker U.S. dollar. http://www.ibtimes.com/articles/20080507/securitas-sees-5-pct-drop-in-1q-profits.htm Wed, 07 May 2008 05:09:36 EDT Athletes from 10 European countries will take part in an allergy and asthma study at the Beijing Olympics. The study announced Tuesday on World Asthma Day is likely to involve hundreds of athletes. It's sponsored by the Global Allergy and Asthma European Network, an EU-funded research network. http://www.ibtimes.com/articles/20080506/european-athletes-in-asthma-study-at-beijing-olympics.htm Tue, 06 May 2008 13:13:09 EDT AstraZeneca PLC said Tuesday that a European patent has been revoked covering the use of its Symbicort medicine as a treatment for a condition commonly known as "smoker's cough." http://www.ibtimes.com/articles/20080506/astras-symbicort-patent-revoked.htm Tue, 06 May 2008 11:06:18 EDT European Union regulators on Monday cleared South Korea's STX Corp. to buy a 39 percent stake in Europe's largest shipbuilder, Aker Yards ASA. The EU dismissed initial worries that the deal might cause antitrust problems for cruise ships and a complaint that South Korean government subsidies for the new company might allow it to unfairly damage rivals by undercutting prices and monopolizing the market. http://www.ibtimes.com/articles/20080505/european-union-clears-korean-bid-for-shipbuilder-aker.htm Mon, 05 May 2008 07:31:55 EDT Navteq Corp., which creates mapping software for digital navigation devices, on Wednesday said its first-quarter profit rose 9 percent on a 40 percent jump in sales. http://www.ibtimes.com/articles/20080430/navteq-posts-9-percent-rise-in-1q-profit-on-big-sales-gains.htm Wed, 30 Apr 2008 18:01:44 EDT Finnair PLC's first-quarter net profit plunged 41 percent, in part because of high fuel costs, and the airline warned it could raise ticket prices as a result of "difficult" conditions for the industry. http://www.ibtimes.com/articles/20080429/finnair-profit-plunges-41-percent.htm Tue, 29 Apr 2008 04:26:37 EDT Animal rights groups called Friday for the European Union to ban imports of seal products, saying the latest videos of animals being hunted off Canada's Atlantic coast show it's inhumane. http://www.ibtimes.com/articles/20080425/animal-rights-groups-urge-eu-to-impose-ban-on-seal-products.htm Fri, 25 Apr 2008 18:26:17 EDT Global mobile phone sales continued to surge in the first quarter, when shipments reached 282 million despite an economic downturn, research firm Strategy Analytics said Friday. http://www.ibtimes.com/articles/20080425/report-global-cell-phone-sales-up-14-pct-in-1q.htm Fri, 25 Apr 2008 13:11:50 EDT Samsung Electronics said Friday that net profit jumped 37 percent in the first quarter amid strong demand for mobile phones in emerging markets. Samsung earned 2.19 trillion won ($2.2 billion) in the three months ended March 31, compared with 1.6 trillion won in the same period last year, the company said in a statement to South Korea's financial regulator. http://www.ibtimes.com/articles/20080425/samsung-electronics-1q-profit-up-37-pct-sales-up-19-pct.htm Fri, 25 Apr 2008 10:12:05 EDT Samsung Electronics said Friday that net profit jumped 37 percent in the first quarter amid strong demand for mobile phones in emerging markets. Samsung earned 2.19 trillion won ($2.2 billion) in the three months ended March 31, compared with 1.6 trillion won in the same period last year, the company said in a statement to South Korea's financial regulator. http://www.ibtimes.com/articles/20080424/samsung-electronics-1q-profit-sales-rise-37-percent.htm Thu, 24 Apr 2008 21:57:14 EDT Among the earnings stories for Thursday, April 24, from AP Financial News: NEW YORK (AP) _ Shares of Vasco Data Security International Inc. plummeted Thursday after the company reported first-quarter revenue below Wall Street estimates, leading at least one analyst to downgrade the stock. http://www.ibtimes.com/articles/20080424/earnings-roundup-vasco-data-security-sybase.htm Thu, 24 Apr 2008 19:03:05 EDT Forest products group Stora Enso Oyj reported a 66-percent drop in first-quarter profit, caused by high wood costs and a strong euro. Net profit in January to March plunged to 66.5 million euros ($106 million), from euro210 million a year earlier, the company said Thursday. Revenue fell to euro2.8 billion ($4.5 billion) from euro3 billion. http://www.ibtimes.com/articles/20080424/nordic-paper-maker-stora-profit-plunges-66-percent.htm Thu, 24 Apr 2008 05:25:33 EDT Nordic power group Fortum Corp. on Thursday reported a 14 percent fall in first-quarter profit, partly because of falling energy demand during a warm winter. http://www.ibtimes.com/articles/20080424/finnish-utility-fortums-1q-profit-falls-14-percent.htm Thu, 24 Apr 2008 05:12:28 EDT Movie rental chain Blockbuster Inc. offered more than $1 billion for Circuit City Stores Inc. on Monday, sending shares of the electronics retailer up sharply and kicking off a week that produced a n... http://www.ibtimes.com/articles/20080418/hot-stocks-of-the-week-circuit-city-affymetrix-intel.htm Fri, 18 Apr 2008 18:39:17 EDT Nokia shares are edging up in Friday premarket trading as Wall Street takes a second look at the mobile phone maker. Nokia Corp. posted a disappointing first quarter on Thursday and reduced its full... http://www.ibtimes.com/articles/20080418/ahead-of-the-bell-nokia-stock-edges-up-in-premarket-trading.htm Fri, 18 Apr 2008 08:10:56 EDT