Betty J Flanigan

Colgate-Palmolive India Ltd. (500830.BY) Monday said strong sales growth at its flagship brands helped it post a 17% rise in its fiscal first-quarter net profit.

The European Commission said the next tranche of aid for Greece is unlikely to be paid before September as international lenders first have to finish an assessment of Greek reforms.

Pfizer Inc. (PFE) said its nerve-pain drug Lyrica didn't affect reproductive function in healthy males compared with a placebo in a post-approval study required by the U.S. Food and Drug Administration.

Trade Balance: June May Apr Mar June/11 FY/2011 Forecast: +995M +$1.65B +$1.44B +$1.60B +$1.1B - Actual: - +$1.52B +$1.83B +$1.08B +$1.0B +$10.0B By Taos Turner BUENOS AIRES--Argentina's trade surplus likely fell notably last month as lower export volumes crimped the benefits of higher commodities

Italy-based API Anonima Petroli Italiana SpA (T7M.BE), the refiner and service-station operator also known as Api, will shut its Falconara Marittima refinery from January 2013 for a year to revamp its power engine, the company said Monday.

Coca-Cola (NYSE:CCE) saw its profit fall in the most recent quarter. Earnings and Revenue Both EPS and revenues failed to meet Wall Street expectations as The company posted EPS of 67 cents a share and revenues of $2.21 billion. Analysts were expecting EPS of 73 cents a share and revenues of $2.27

U.S. prosecutors and European regulators are reportedly gearing up to arrest individual traders on charges that they colluded to manipulate global benchmark interest rates.

Halliburton Co.'s (HAL) second-quarter earnings slipped 0.3% as rising costs and pricing pressures masked the oil-field-services provider's revenue growth.

China's Cnooc Ltd. (0883.HK) said Monday it has reached an agreement to acquire oil and gas producer Nexen Inc. (NXY) for $15.1 billion, in what will be China's biggest overseas energy acquisition to-date.