Ford to halt car production in Australia in 2016
Ford announced Thursday it would cease making vehicles at its unprofitable Australian plants in 2016 and axe 1,200 jobs, ending an era that began in 1925 with the firm's first local car.
Nazarbayev meets with ConocoPhillips chairman
Nursultan Nazarbayev met with Chairman and CEO of ConocoPhillips Ryan Lance who arrived for the 26th meeting of the Foreign Investors Council.
Rio Tinto puts largest 'red' diamond on market
Rio Tinto said Friday it was putting up for sale the biggest "red" diamond ever produced by its Australian mine amid an "explosion" in demand from Asia for the rare pink-hued stones.
17 May 2013
Toyota becomes Asia's biggest firm by market value
Toyota has accelerated past South Korea's Samsung Electronics to become Asia's biggest company by market value, after the Japanese automaker's shares doubled in the past year.
16 May 2013
BHP to scale back capital spending by a fifth
Global mining giant BHP Billiton has outlined plans to slash capital spending by almost a fifth, with new chief executive Andrew Mackenzie warning the brakes could be applied even further.
15 May 2013
Romania, Kazakh oil firm settle debt dispute
Romania and the Kazakh oil company KazMunayGaz have settled their dispute over a 500-million-euro ($658-million) debt and pledged to invest together in energy projects.
13 May 2013
Icahn revamps Dell offer, calls buyout 'giveaway'
A battle for US computer giant Dell heated up Friday as corporate raider Carl Icahn and other investors made a new offer and called a planned buyout led by company founder Michael Dell a "giveaway."
11 May 2013
Turkish Airlines reverses lipstick ban for stewardesses
Turkish Airlines has reversed a ban on air hostesses wearing brightly-coloured lipstick following accusations it was trying to Islamise the company under government influence.
Branson open to total sale of Virgin Australia
Virgin Group chief Richard Branson has aired the possibility of selling his entire stake in budget carrier Virgin Australia, saying the airline's branding is more important to him than ownership.