SAN FRANCISCO - Hewlett-Packard Co's quarterly profit slid 32 percent but the world's largest personal computer maker raised the lower end of its full-year outlook after earnings per share beat forecasts, sending its stock 10 percent higher.
LONDON - From ketchup to hot drinks, family-run investment firms are shaking up the consumer deals market, squeezing out private equity players and forcing them to change strategy.
BEIJING/HONG KONG - China reiterated its opposition on Thursday to a European Union plan to limit airline carbon dioxide emissions and called for talks to resolve the issue a day after its major airlines refused to pay any carbon costs under the new law.
UK defense committee launches BAE-EADS merger inquiry
LONDON (Reuters) - Britain's cross-party parliamentary defense committee on Monday launched an inquiry into the possible merger of UK defense group BAE Systems and European aerospace company EADS.
The influential committee said it would take evidence during October and November, to establish the impact any merger would have on the protection of British sovereign capabilities, defense exports, relationships with the United States and European alies and the likely consequence on jobs and trade.
(Reporting by Rhys Jones; editing by Kate Holton)
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