LONDON (Reuters) - The euro clawed off a one-year low against the dollar on Friday on news that Greece will ask for financial aid while European stocks snapped a two-day fall, also helped by upbeat corporate earnings.

United Airlines parent UAL and Continental Airlines are considering a stock-for-stock merger with no premium, creating a company valued at roughly $6.6 billion, a person familiar with the matter said on Thursday.

FRANKFURT—German business confidence rose much more than expected in April, the monthly industry survey by economic think-tank Ifo showed Friday, lifting stocks and the euro.

April 23 (Bloomberg) -- Goldman Sachs Group Inc. may be better off cutting its losses instead of fighting what it terms “unfounded” fraud claims, say professors of securities law who have examined the US Securities and ...

(Adds Rolls-Royce figures in eighth paragraph. For more on the 2010 Beijing Auto Show, see {SHOW }) By Andreas Cremer and Chris Reiter April 23 (Bloomberg) -- Bayerische Motoren Werke AG, the world's largest luxury-car maker, plans to sell 20 percent ...

WASHINGTON - Republicans are stepping up their criticism of the Securities and Exchange Commission following reports that senior agency staffers spent hours surfing pornographic websites on government-issued computers while they were supposed to be ...

The UK economy continued to recover from recession in the first three months of the year, according to official estimates. GDP grew by 0.2% between January and March, the Office for National Statistics (ONS) said.

CenturyTel Inc.'s $10.6 billion deal for Qwest Communications International Inc. is a big bet by the Louisiana telecommunications company that it can fight off the relentless decline in the US local-phone business by ...

SINGAPORE (Reuters) - Oil was steady near $84 on Friday as expectations of rising demand buffered the negative effect on commodities of risk aversion tied to a potential debt default by Greece.

April 23 (Bloomberg) -- Apple Inc.'s London store is buzzing as blue-shirted sales assistants scuttle between two floors. On the opposite side of Regent Street, black plastic obscures Nokia Oyj's ...

Amazon's strong sales gains in part reflect its acquisition of Zappos. Above, employees working at a Leipzig, Germany, warehouse last November.

(Reuters) - Goldman Sachs (GS.N) director Rajat Gupta told hedge fund billionaire Raj Rajaratnam about a $5 billion investment in Goldman by Berkshire Hathaway (BRKa.

The behaviour of two credit rating agencies in the run-up to the financial crisis has been criticised by US senators following an investigation.

LONDON (MarketWatch) -- Ericsson AB, the world's largest maker of wireless networks, on Friday posted a 26% drop in first-quarter profit as some emerging-market continued to hold back investment, but its margins improved ...

SEATTLE - An improvement in corporate spending on computers helped Microsoft increase its net income 35 percent in the most recent quarter, but investors wanted even stronger signals of a recovery and sent Microsoft shares down sharply in after-hours ...

A program aimed at convincing Massachusetts residents to trade in energy-sucking appliances for more miserly ones -- with the incentive of tidy federal stimulus rebates -- proved too popular for its own good Thursday.

By AP BOSTON (AP) -- Sales of existing homes in the Northeast surged nearly 27 percent in March compared to the previous year, continuing to outpace other regions in what promises to be at least a temporary rebound in the housing market.

PERTH, April 23 (Reuters) - Australian takeover target Macarthur Coal Ltd (MCC.AX) on Friday let Peabody Energy (BTU.N) inspect its books till May 3, paving the way for the US coal major to formalise a A$4.07 billion ($3.78 billion) bid.

Miners ready for the ride into a mine in Hazard, Ky., where employees say safety is emphasized. More Photos » This audio has been altered to protect the foreman's anonymity.

Verizon Communications Inc.'s first-quarter earnings plunged, hurt by a health-care-related charge, as more wireless customers shunned the practice of signing a long-term contract.