International Business News

Caterpillar 1Q profit jumps 29 pct; outlook up

Caterpillar says strong demand for mining equipment boosts 1Q profit 29 pct; 2012 outlook up

Delta Air Lines posts 1Q profit on fuel hedges

Fuel hedge gains give Delta Air Lines a 1Q profit; revenue rises 9 percent

SKorea retailers halt US beef sales over mad cow

Major South Korean retailers halt sales of US beef on mad cow disease fears

Strong US earnings boost markets

Strong US earnings reports boost world markets ahead of Fed policy statement

World stock markets rise after strong US earnings

World stocks rise after strong US corporate earnings lifts the investment mood

Discovery of mad cow in US was stroke of luck

Discovery of mad cow at US rendering plant was due to luck and random USDA testing

Discovery of mad cow in Calif. was stroke of luck

Discovery of mad cow at Calif. rendering plant was due to luck and random USDA testing

S&P revises India rating outlook to negative

S&P revises India credit rating outlook to negative on rising deficits, weak growth

Few expect major shifts as Fed ends policy meeting

Few expect any major shifts from Fed after a 2-day policy meeting

Vietnam detains 20 following mass land eviction

20 villagers detained in Vietnam following land eviction by thousands of police

LG Electronics returns to profit on mobiles

South Korea's LG Electronics swings back to profit on mobile revival, TV demand

Asia stock markets rise after strong US earnings

Asian stocks rise after strong US corporate earnings lifts the investment mood

Wipro profit up 8 percent

Wipro's quarterly profit up 8 percent, but muted growth outlook sends stock down

SKorean retailers halt sales of US beef

Major South Korean retailers halt sales of US beef on mad cow disease fears

Oil rises to near $104 after US supplies drop

Oil rises slightly to nearly $104 in Asia after surprise US crude supply drop