Business

Qatar Airways has announced its decision to buy 60 Airbus A350 long-range jets, a number that Noël Forgeard, chief executive of Airbus, said was enough to ensure that the plane would be built.

Aber Diamond Corp. closed its first quarter of 2005 fiscal with sales of $ 110 million, more than double its sales from first quarter 2004.

Siemens has announced its decision to sell its loss-making mobile phones unit to Taiwanese technology group BenQ at a cost of $ 429 million.

General Motors Corp. is recalling 291,652 Saturn L-Series sedans and wagons in the United States because of defective tail lights, U.S. safety regulators said on Friday.

Online auctioneer eBay Inc. said on Wednesday it agreed to buy Shopping.com, which provides online comparison shopping and consumer reviews, for about $ 620 million in cash.

Japanese automaker Mitsubishi Motors is reporting that fiscal year 2004 net losses have more than doubled over last year’s record deficit, amid struggles to regain customer trust and build global sales.

Travelers across New England can hope for better days ahead with America West and US Airways about to be merged to form ’US Airways’

Mentor Corp., a maker of health care products ranging from breast implants to disposable catheters, said Wednesday that profit dropped 44 percent in a fiscal fourth quarter weighed down by special charges. However, sales rose and adjusted results beat Wall Street estimates.