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(AP Photo/Toby Talbot, file)
Caterpillar says February was another strong month for sales of its mining and construction equipment, and global sales grew 59 percent over last year.
The Peoria-based company reported sales figures Friday in documents filed with the Securities and Exchange Commission. Get the full story »
Oil rose to settle at its highest level since August 2008 Wednesday after an airstrike near Libya’s oil infrastructure raised more fears the OPEC nation’s oil sector could become a target in embattled leader Muammar Gaddafi’s efforts to hold power. Get the full story »
Oil prices surged more than 4 percent early Monday as anti-government protests in the Middle East and Africa intensified, raising worries about possible supply disruptions.
Crude oil for April delivery gained $3.40, or 3.8 percent, to $93.11 a barrel after earlier jumping as high as $93.75. Oil prices have been trading in a range between $88 and $94 a barrel since the start of the year. Get the full story »
Residents of the United Arab Emirates can now access traffic information from their GPS device or phone using Chicago-based NAVTEQ’s Traffic program. Get the full story »
Caterpillar Inc. said retail sales of its heavy machinery rose 48 percent in the three months ended Oct. 10, a slightly slower rate of growth than the 53 percent increase reported in the three months ended in September.
The world’s largest maker of heavy equipment said retail sales were up most sharply in Latin America, where they rose 59 percent. The U.S. company saw the slowest growth in Europe, Africa and the Middle East, where sales were up 40 percent.
Huron Consulting Group expanded its legal consulting unit in Europe and the Middle East with the acquisition of London-based Trilantic International Ltd. Terms of the transaction were not disclosed. Get the full story »
