An Illinois estate-planning firm raised more than $20 million for Turkish Eurobond investments, then diverted money to a stamp collection, Internet pornography and cryogenically frozen umbilical cords, U.S. regulators said. USA Retirement Management Services, which also has offices in

A manufacturing index for the 16-nation euro region increased to 54.2 from 52.4 in January, London-based Markit Economics said today. That's above an initial estimate of 54.1 published on Feb. 19 and the highest since August 2007. A reading above 50 indicates expansion. European manufacturers

March 3 (Bloomberg) -- Europe’s service and manufacturing industries expanded for a seventh month in February as companies stepped up output to meet reviving global demand. European manufacturers are supporting an economic recovery as rising unemployment and surging energy costs ero

March 1 (Bloomberg) -- European manufacturing , which accounts for about a quarter of the economy, grew for a fifth month in February as reviving global demand boosted orders. European manufacturers are seeking ways to expand in faster-growing economies as rising unemployment and surging

The British carmaker made a profit of 4.17 billion rupees ($90 million) in the quarter ended December compared with a loss a year earlier, Tata Motors said in a statement today. The Mumbai-based parent posted a consolidated net income of 6.5 billion rupees for the period, also reversing from

AP Global sales of Audi AG's luxury cars were up 39 per cent on the year in January, helped by a surge in China and healthy growth in the United States, the company said. Audi, a unit of Volkswagen AG based in Ingolstadt, said it delivered 77,800 cars last month, up from 56,138 a year

Feb. 1 (Bloomberg) -- Expansion in Europe’s manufacturing industry accelerated to the fastest pace in two years in January as reviving global demand prompted companies to step up output. European companies are increasing production as a global economic recovery spurs export

Feb. 1 (Bloomberg) -- Expansion in Europe’s manufacturing industry accelerated more than estimated in January as reviving global demand prompted companies to step up output. European companies are increasing production as a global economic recovery spurs exports. China, the world’s th

AP Audi reported that sales of its luxury cars were down 4.2 per cent on the year in December, but said full-year sales still beat its most recent forecast. The Volkswagen AG unit said it sold 79,300 cars last month. Over the whole of 2009, it sold 949,700 cars - down from just above 1