Amazon surprises with quarterly profit, stock rallies

Last Updated: Friday, July 24, 2015, 09:06

Amazon.com Inc swung to an unexpected quarterly profit on higher sales in North America, its popular Prime subscription service and growing demand for its Web services, sending the online retailer`s shares up more than 17 percent.

Airbus expects commercial planes demand to touch $4.9 tn

Last Updated: Tuesday, June 16, 2015, 18:58

Airbus confirmed the sale of 60 modernised versions of the A320neo family to the aircraft financing and leasing company, GECAS.

Amazon revenue beats forecast, cloud computing more profitable than expected

Last Updated: Friday, April 24, 2015, 06:08

Amazon.com Inc`s first-quarter revenue grew more than expected as rising sales in North America and its burgeoning cloud-computing services unit offset new business investments, boosting its shares nearly 7 percent.

Arris to buy British set-top box maker Pace in $2.1 billion deal

Last Updated: Thursday, April 23, 2015, 09:36

Network gear maker Arris Group Inc said it would buy British set-top box maker Pace Plc in a $2.1 billion cash-and-stock deal to expand its operations outside North America.

Japan logs first monthly trade surplus in almost three years

Last Updated: Wednesday, April 22, 2015, 06:46

Japan posted its first trade surplus in nearly three years in March as import bills fell owing to tumbling oil prices while the value of exports to North America soared, data showed Wednesday.

Ford recalls over 220,000 vehicles in North America for 3 issues

Last Updated: Wednesday, March 25, 2015, 18:46

Ford Motor Co said on Wednesday it is recalling more than 220,000 vehicles in North America for potential issues with door handles, vacuum pump relays and sensors.

JLR planning a plant in North America: Ratan Tata

Last Updated: Wednesday, February 25, 2015, 23:34

Tata Motors-owned Jaguar Land Rover is mulling setting up a plant in North America to meet the growing global demand of its vehicles, according to Tata Group's Chairman Emeritus Ratan Tata.

Nokia's network unit beats on N. America growth

Last Updated: Thursday, January 29, 2015, 16:33

The unit`s fourth-quarter operating profit rose to 470 million euros ($530 million) or 14 percent of sales, from 397 million euros in the previous quarter.

Canada reports first H5N1 bird flu death in North America

Last Updated: Thursday, January 9, 2014, 05:36

Canadian health authorities have announced the first avian flu death in North America, in the western plains province of Alberta, of a patient who had just returned from China.

North America`s deep freeze loosening its icy grip, leaves 21 dead

Last Updated: Wednesday, January 8, 2014, 13:44

The deep freeze that has paralysed life in North America and left hundreds of residents here shivering for days is fast loosening its icy grip.

`Polar vortex` freezes US like never before

Last Updated: Tuesday, January 7, 2014, 09:12

The bitter chill gripping North America is a result of Arctic air that has spilled southwards, and global warming may be a cause, an expert said on Monday.

New study suggests cockroaches may have originated in the New World

Last Updated: Monday, January 6, 2014, 18:21

Researchers recently discovered four ancient Ectobius species in the 49-million-year-old Green River Formation near Rifle, Colorado in deposits that are about five million years older than the Baltic amber.