Malaysia Airlines Apologizes for Tweet, Posts Loss

Malaysia Airlines on Friday said its loss widened last quarter and apologized for a promotional tweet slammed as insensitive after two deadly passenger jet disasters this year.

GM profits hit by recall problems

Earnings at the carmaker General Motors (GM) have slumped because of costs related to its vehicle recalls. Second-quarter net profits fell 85% from a year ago, to $190m (£112m), the company said.

BP chief says firm's Russia business unaffected by sanctions on Rosneft CEO

ST PETERSBURG Russia (Reuters) - Sanctions imposed on the chief executive of Rosneft over the Ukraine crisis have not impacted BP's business with the Russian oil producer, Interfax news agency quoted BP chief executive Bob Dudley as saying on Saturday.

Russia 'closes Ukrainian Roshen chocolate factory'

Russian authorities have taken over a Ukrainian-owned sweet factory in the southern Russian city of Lipetsk, Ukraine's government says.

Glencore Xstrata directors share $500m of dividends in one year

The commodities, mining and trading behemoth Glencore Xstrata has shown what the vast merger that created it does for the bank balances of its billionaire bosses – create ever bigger dividends.