China Everbright to relaunch Hong Kong IPO plans
China Everbright Bank, a mid-sized lender, said Wednesday it would relaunch plans to list shares in Hong Kong, after earlier aborted attempts at an overseas stock offer.
Court dismisses Nokia patent claims against HTC
Taiwan's top smartphone maker HTC said Saturday a German court had dismissed two patent infringement complaints brought against the company by Finnish phone giant Nokia.
09 March 2013
Qantas defends itself after jumbo it sold went to Iran
Australia's Qantas Saturday said it took all reasonable precautions in selling aircraft after a report revealed that a jumbo jet once owned by the carrier had ended up in Iran despite sanctions.
09 March 2013
ArcelorMittal Temirtau to cut 3,000 jobs
ArcelorMittal Temirtau is lowering the production volumes mainly because of oversupply of steel at the global market, and axes jobs.
07 March 2013
Firm sorry for 'Keep Calm and Rape' shirts
A T-shirt company has issued an apology for advertising tops with slogans such as "Keep Calm and Rape A Lot" and "Keep Calm and Kill Her", with its founder saying Wednesday the firm may go under.
Judge slashes $1 bn Samsung-Apple penalty in half
A judge on Friday cut $450 million from a $1 billion award to be paid by Samsung in a landmark patent lawsuit from Apple, saying a jury had wrongly calculated the damages.
Facebook buys advertising firm from Microsoft
Facebook agreed Thursday to buy Atlas Advertiser Suite from Microsoft as part of an effort to boost ad revenues at the massive social network.
01 March 2013
Sony sells Tokyo office building for $1.2 bn
Sony said Thursday it has sold one of its main buildings in Tokyo for $1.2 billion as the embattled Japanese electronics giant offloads assets to help repair its tattered balance sheet.
28 February 2013
US drug firm Mylan to buy Indian firm for $1.6 bn
US generic drugs specialist Mylan said Thursday it would buy a unit of India's pharma firm Strides Arcolab for $1.6 billion, boosting its presence in the high-growth injectable drugs market.
US lawsuit claims 'King of Beers' is watered down
The makers of Budweiser faced accusations on Tuesday of watering down the popular American lager in search of higher profits, in a class action lawsuit flatly rejected by the brewery.
27 February 2013
Samsung defends working practices in China plants
Samsung Electronics defended its working practices Wednesday after a lawsuit was filed in France against the South Korean giant over conditions at its supplier plants in China.
Chinese oil giant CNOOC buys Canada's Nexen
The Chinese oil giant CNOOC completed its $15.1 billion purchase of Canada's Nexen energy group on Monday, in what analysts have said is China's largest foreign investment.