Lawsuit after 6 million bottles of Aussie wine down drain
Global drinks giant Treasury Wine Estates was Monday facing a class-action lawsuit from Australian shareholders after oversupply issues forced six million bottles of wine to be poured down the drain.
S. Korea tobacco firm to pull chimp ad for 'Africa' brand
South Korea's top tobacco firm said Wednesday it would pull ads for its new "This Africa" brand of cigarettes after complaints the use of images of apes dressed as humans was racist.
Chinese oil firms, Europe's giants win Brazil auction
China's CNOOC and CNPC, Anglo-Dutch giant Royal Dutch Shell and France's Total joined Brazilian state operator Petrobras on Monday in winning production rights to the huge "Libra" Atlantic oilfield.
22 October 2013
JPMorgan to pay record $13 bln to settle US probes: reports
Banking giant JPMorgan Chase has reached a tentative agreement to pay a record $13 billion fine to the Justice Department to settle probes into its residential mortgage-backed securities.
21 October 2013
Google stock surges on profit, revenue gains
Google shares surged to a record high, close to $1,000, after quarterly earnings figures showed the Internet giant's profits are climbing despite a trend toward cheaper advertising on smartphones and tablets.
Yahoo holds onto more of Alibaba as profit slips
Yahoo on Tuesday took attention off a lackluster quarterly report with word that it plans to hold onto a larger chunk than originally planned of Chinese e-commerce powerhouse Alibaba.
More problems hit JAL Dreamliners: company
A fresh series of troubles has hit Japan Airlines 787 Dreamliners, with two Tokyo-bound flights forced to turn around and another plane experiencing a minor glitch.