William S Leighty

Using a credit card when you travel is easy and secure, and you can see everything you spent in one place when you get your monthly statement.

Korean Air Lines Co. (003490.SE) said Friday it accepted a 5.5 million Canadian dollar (US$5.4 million) fine imposed by Canada's Competition Bureau after the carrier admitted participating in an air-cargo price-fixing cartel between 2002 and 2006.

Siam Commercial Bank PCL (SCB.TH) said Friday its second-quarter net profit rose 23.9% from a year earlier due to higher net interest and fee income.

Austrian oil and gas company OMV AG (OMV.VI) Friday said its second-quarter hydrocarbon output rose on the quarter and the year, as production in Libya returned to almost pre-crisis levels and production in New Zealand also increased.

Weak consumer demand for mobile products and services in Europe continued to weigh on Vodafone Group PLC's (VOD.LN) financial performance Friday as the mobile giant reported worse-than-expected revenue in the first quarter of its financial year.

U.K.-listed BG Group PLC (BG.LN) said Friday that it and its partners have approved the signature of contracts worth $4.5 billion for the completion of six floating production, storage and offtake vessels that will be used to bring onstream major oil discoveries offshore Brazil.

A probe to investigate whether banks or brokerage firms in South Korea rigged the interest rates of certificates of deposit to gain inappropriate profit is still at an early stage, the country's antitrust agency said Friday.

Former People's Bank of China Assistant Gov. Li Dongrong was promoted to a vice governor earlier this month, according to the central bank's website.

Chief Executive of Australia & New Zealand Banking Group Ltd. (ANZ.AU), Mike Smith, said he will stay the course in his current role as he strives to turn the country's third-largest lender by market value into a super-regional bank.

Globally diversified miner Anglo American PLC (AAL.LN) Friday reported higher iron ore, export coal and copper output, but lower refined platinum and diamond output in the second quarter.