BHP Billiton Cautious on Prices for Iron Ore, Coal

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Panasonic, Tesla to build big US battery plantComments Off

American electric car maker Tesla Motors Inc. is teaming up with Japanese electronics company Panasonic Corp. to build a battery manufacturing plant in the U.S. expected to create 6,500 jobs.

World Cup adds froth to German beer salesComments Off

German beer sales rose by 4.4 percent in the year’s first half, gaining froth from the beginning of the country’s run to the soccer World Cup title.

Alcatel loss narrows in 2QComments Off

Telcommunications equipment company Alcatel-Lucent SA says its net loss narrowed in the second quarter thanks to lower accounting charges, while revenue stagnated and restructuring charges mounted.

Adidas issues profit warning on Russia, golf risksComments Off

Sports equipment maker Adidas has lowered its full-year profit target, citing risks in the Russian market and weakness at its golf business.

Siemens earnings up 27 pct in April-June quarterComments Off

Siemens says its net profit rose 27 percent in the April-June period after earnings a year earlier were weighed down by restructuring costs, though the strong euro hurt its revenue and new orders figures.

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