Svanberg’s replacement, current Chief Financial Officer Hans Vestberg, knows that Carl-Henric “has done a fantastic job.” But he told Forbes on Thursday that Ericsson ( ERIC – …

Crude prices have fallen from an eight-month high near $73 earlier this month on investor doubts that demand in a weak U.S. economy may not justify the stock and commodity rally since March.The Federal Reserve …

The complaint, filed with the World Trade Organization by the European Union as well as the U.S., accused China of restricting exports of various materials including zinc and coke, a key component for making steel, …

Qatar wants to buy at least 25 percent of Porsche, the people said. A transaction would help Porsche alleviate its 9 billion euros in debt amassed with the purchase of a controlling stake in Volkswagen. …

After the inflation news sterling hit a session high against the dollar
and moved close to its highest level for the year against the euro.The Office for National Statistics said consumer price inflation in the
year to …

In the currency markets, the U.S. dollar has started the week on a firm note as the weekend’s meeting of the Group of Eight leading industrialized nations passed without incident, noted Geoffrey Yu at UBS.In …

Morse, who is currently finance chief at chipmaker Altera Corp., will begin work at Yahoo on June 17 and take the CFO role on July 1, the Sunnyvale, California-based company said today in a statement. …

Saab said on its website on Friday that new ownership would be finalised in the early summer and Swedish television reported that a preliminary deal was now with the U.S. Treasury Department with further information …

Asian share markets were mixed Thursday after Wall Street’s slip, as a continued oil price rally raised concerns over inflation.Commodity prices have been on a tear lately – for base and precious metals alike, and …

China, the world’s number three economy, is the top greenhouse gas
polluter, scientists say, and its emissions of the main greenhouse gas,
carbon dioxide, are set to keep rising.Chinese thinktanks have been seeking to map a path …