Struggling Alitalia in last-gasp bid for survival
Five years after a botched rescue, Italy's troubled carrier Alitalia gasped for survival on Tuesday buried by a mountain of debt, unpaid gas bills and only the slimmest of options.
09 October 2013
Panasonic to exit plasma TV display business: report
Panasonic will stop making plasma television screens by early next year, a report said Wednesday, as the struggling electronics giant undergoes a huge corporate overhaul.
Niger to 'review' Areva uranium contracts
Niger, one of the world's top sources of uranium, will review its dealings with French firm Areva, which has been mining there for nearly 50 years.
07 October 2013
Crude production resumed at Kashagan oilfield
“October 6, upon completion of all the repairs, the wells at the oilfield have been restarted (…) production was resumed with no complications”, according to the country’s Oil and Gas Ministry.
Ailing BlackBerry agrees to $4.7 billion buyout
Tech pioneer BlackBerry made a last roll of the dice Monday and agreed to a probable $4.7 billion buyout by a consortium planning to take the struggling smartphone maker private.
Microsoft announces $40b share buyback
Microsoft announced a new $40 billion share buyback on Tuesday as part of an effort by the transitioning US tech giant to return more cash to stockholders.
18 September 2013
Nissan to begin production in Myanmar: report
Japanese automaker Nissan plans to begin producing small cars and trucks in Myanmar with its Malaysian partner as early as this year, the Nikkei business daily.
16 September 2013
Chevron, Transocean settle over Rio oil spill
US energy giant Chevron and Swiss-based rig operator Transocean signed a deal with Brazilian prosecutors on Friday to settle lawsuits over an oil spill off the coast of Rio de Janeiro.
14 September 2013
Twitter announces IPO plans, on Twitter
Twitter announced Thursday, in a tweet, that it has submitted papers for the most hotly anticipated stock offering in the tech sector since Facebook's last year.