Airline Booker Draws Complaints of Irregularities

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Spain’s EDreams Odigeo has grown to rival Expedia as a global leader in airline bookings, but it has also become a magnet for customer complaints about irregularities in booking practices, a Wall Street Journal review found.

Amazon Starts Email Service for Companies

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Amazon announced an email service called WorkMail that is aimed at grabbing a slice of the corporate-email market largely controlled by Microsoft, and to a lesser extent Google.

Facebook Earnings Rise on Mobile Growth

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Facebook’s earnings jumped 34% in the holiday quarter on gains in mobile advertising, but its shares fell more than 2% in after-hours trading as expenses rose faster than revenue.

Monarch Airline Upbeat on Earnings

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Monarch Group, the British airline acquired last year by Greybull Capital, said sweeping changes to its strategy should yield a profit this year after prolonged losses.

Samsung Pegs Rebound on Mobile Chips

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Samsung offered signs that the worst was likely over for its mobile division, as the company turns to mobile chips and cheaper handsets to spur a recovery in profit.

Fed Flags Midyear Rate Hike---Or Later

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The Federal Reserve signaled it would keep short-term interest rates near zero at least until midyear, while also setting the stage for tough decisions in the coming weeks about whether it should wait even longer.

Gazprom Profit Falls on Ruble, Ukraine

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Russian state-controlled gas group Gazprom said net profit plunged 62% in the third quarter of 2014 compared with same period the previous year, hit by the slide in the ruble and a lack of deliveries to key customer Ukraine.

China Raps Alibaba for Fakes

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The Chinese government accused e-commerce giant Alibaba of failing to crack down on the sale of fake goods, bribery and other illegal activity on its sites in a rare public dispute with one of the country’s most prominent companies.

Shell Posts Rise in Profit

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Royal Dutch Shell reported a rise in fourth-quarter profit, showing how it is resisting slumping oil prices, which have fallen more than 50% since the middle of last year.

Diageo Profit Drops

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Diageo has turned in an 18% decline in first-half profit with a drop in revenue in North America weighing on the U.K. drinks group’s performance.

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