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Volvo hit by parts glitches as truck demand soars

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World number two truckmaker Volvo said production problems and a shortage of skilled staff thwarted its efforts to react quickly enough to a strong rise in demand, hitting its quarterly earnings.

Volvo profit lags as output hike hits snag

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World number two truck maker Volvo posted a smaller-than-expected rise in fourth-quarter earnings on Friday, hit by problems as output was ramped up to meet a strong rise in demand.
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Volvo profit lags forecast, raises outlook

World number two truck maker Volvo posted a smaller-than-expected rise in fourth-quarter earnings on Friday, hit by problems as output was ramped up, but raised its market outlook for its main markets.
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Tourists walk along the snow covered shore of the Baltic Sea island of Fehmarn

Denmark plans tunnel link to Germany

The Danish Parliament has approved a plan to construct an underwater tunnel to Germany, thereby reducing the time and cost of transportation between Western Europe and Scandinavia.
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BP dividend row looms as TNK shareholders meet

A row over BP's dividend looks likely to overshadow the British company's full-year results as Russian shareholders in its TNK joint venture convene on Monday to consider withholding the $1.8 billion payment.
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BP seeks fast track arbitration with TNK-BP

BP wants to enter fast track arbitration to settle a dispute with Russian shareholders in its TNK-BP joint venture over the British company's shares and exploration deal with Rosneft.

Egypt protests curb travel to Cairo

With the exception of popular tourist resorts by the Red Sea, Pyramids of Giza and the Great Sphinx, nations issue travel alerts to avoid visiting Cairo and other Egyptian cities.
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Wikileaks spin-off group launches new site

A group led by the former deputy to WikiLeaks founder Julian Assange launched a new site to aid whistleblowers on the sidelines of the Davos meeting of the global business elite Friday.
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Companies pull hard in pricing tug-of-war

Fretful central bankers and hard-pressed consumers hoping companies will swallow rising input costs look set to be disappointed as evidence grows that prices will increase in coming months.
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UK police arrest WikiLeaks backers for Web attacks

British police arrested five young men on Thursday as they and U.S. authorities conducted searches as part of a probe into Internet activists who carried out cyber attacks against groups they viewed as enemies of the WikiLeaks website.
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WikiLeaks founder Assange slams Swiss banker arrest

The founder of whistleblower site WikiLeaks attacked Switzerland on Sunday for arresting a Swiss banker on suspicion of breaching banking secrecy instead of investigating the tax evasion he said he had uncovered.
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Ericsson faces margin squeeze as sales improve

Is Ericsson's glass half full or half empty? The Sweden-based telecom gear maker is at last enjoying the benefits of an upturn in demand, but much of the growth could come from less profitable areas.

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