BOLOGNA, Italy -(Dow Jones)- Credit growth in Italy has slowed by more than half, hit by Europe's sovereign debt crisis and as banks focus on meeting tougher capital requirements set by the European Banking Authority, an industry official said Friday.
NEW DELHI (Dow Jones)--Essar Oil Ltd. (500134.BY) Friday slipped into a net loss for the third quarter after accounting for sales tax that it hadn't been paying since 2008 under a tax deferral program that the Supreme Court recently said the company isn't entitled to benefit from.
MUMBAI -(Dow Jones)- India's tax authorities have filed a petition with the Supreme Court seeking a review of its ruling which concluded that British telecom major Vodafone Group PLC (VOD.LN) isn't liable to pay taxes on a deal it struck to enter the country in 2007.
SINGAPORE (Dow Jones)--The Singapore government on Friday pledged decisive action to head off any economic shocks in the face of global uncertainties and deepen efforts to restructure the city-state's economy by further cutting its dependence on foreign labor and tackling widening income inequality.
LONDON -- U.K. retail sales volume rose more than expected in January, official data showed Friday, as weaker inflation alleviated the squeeze on shoppers' disposable incomes.
SAN FRANCISCO -(Dow Jones)- What's in a name like iPad? Apple Inc. (AAPL) agreed to pay Proview International Holdings Ltd. (0334.HK) 35,000 British pounds for the iPad trademark, according to a cache of documents that include emails and a contract detailing an agreement between the two companies.
HANOI -(Dow Jones)- ConocoPhillips (COP) said Thursday that it has agreed to sell its assets in Vietnam to a unit of French oil and natural-gas company Perenco SA for roughly $1.29 billion, part of Conoco's ongoing efforts to slim down its business.
TAIPEI (Dow Jones)--Baidu Inc. (BIDU) said Friday its fourth-quarter net profit surged 77% from a year earlier as the Chinese Internet search giant brought in more revenue from its growing base of advertisers.
PARIS -(Dow Jones)- French power giant Electricite de France SA (EDF.FR) Thursday said its net profit rose by nearly threefold in 2011, though this was boosted significantly by the fall away of EUR2.9 billion in exceptional provisions a year earlier.
NEW DELHI -(Dow Jones)- NTPC Ltd. (532555.BY) is readying to place orders for power generation equipment worth as much as INR220 billion ($4.45 billion) over the next six weeks after the state-run company Thursday won a court order against a lawsuit challenging its tendering process.
Von Knut Engelmann, Chefredakteur, The Wall Street Journal Deutschland
