Dubai-based construction giant Emaar Properties said on Thursday its net profits for the fourth quarter and the whole of last year increased despite falling real estate prices.

European aerospace giant Airbus said Thursday it would end production of the A380 superjumbo, the double-decker jet which earned plaudits from passengers but failed to win over enough airlines to justify its massive costs.

The European Union pushed ahead Wednesday with an agreement that will allow Russia to continue to build a new gas pipeline to Europe, despite U.S. warnings it posed a security risk.

Renault said Wednesday that its board has decided not to pay out the equivalent of two years of salary to ex-CEO Carlos Ghosn which would have been due to him under a non-compete clause in his contract. 

OPEC production fell to a four-year low in January as the cartel applied a new pact to boost global oil prices, the International Energy Agency said Wednesday, but Russia and other ex-Soviet states failed to cut back output as much as promised.

Belgium slowed to a standstill on Wednesday as a national strike closed airports, shuttered businesses and caused major disruption to railways.

British annual inflation hit a two-year low point in January, undershooting the Bank of England's 2.0 percent target on falling oil and other energy costs, official data showed on Wednesday.

Detained former Nissan boss Carlos Ghosn said on Wednesday that shaking up his legal team was the beginning of the process of "establishing my innocence" as his trial nears.

Belgian airspace was to be closed to all flights below 8,000 meters on Wednesday as a national strike threatened to bring the European country to a standstill. 

Samsung Electronics has reached a settlement in a class-action lawsuit over 2.8 million "exploding" washing machines recalled in the U.S., the South Korean company said Tuesday.