Berkshire, 3G buy ketchup maker Heinz in $28bn deal
Billionaire Warren Buffett's investment powerhouse Berkshire Hathaway and Brazilian-led 3G Capital announced Thursday they would take over venerable US ketchup maker Heinz in a deal worth $28 billion.
American and US Airways near mega-merger
American Airlines and US Airways are close to striking a merger deal that would create the largest airline in the United States in the latest bout of consolidation in the US aviation industry.
US with new line of inquiry in Boeing probe
The National Transportation Safety Board said Monday it is examining whether the Boeing 787's lithium-ion battery problems were due to formation of microscopic structures called dendrites.
12 February 2013
Neutral in a harsh world: the history of the ICRC
Founded to care for victims of war, the International Committee of the Red Cross has faced a tough task, sometimes been found wanting, but has always known how to adapt to shifting challenges.
11 February 2013
BlackBerry to withdraw from Japan: reports
Troubled smartphone maker BlackBerry will not launch its new models in Japan, reports said Friday, effectively heralding a pull-out from a booming smartphone market where it is being beaten by Apple.
08 February 2013
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NY Times making more from readers than advertising
The New York Times Company said Thursday that its revenue from readers and subscribers overtook that of advertising for the first time in 2012, as the media group reported a boost in profits.
08 February 2013
US safety board finds clue to Boeing fire, faults FAA
The National Transportation Safety Board on Thursday criticized the government's certification process for the Boeing 787 and said it had pinpointed how a battery fire occurred on one of the planes.
Eni's CEO Paolo Scaroni investigated over Algeria bribes
Italian energy major Eni's CEO Paolo Scaroni has been placed under investigation over alleged bribes paid to win contracts in Algeria, the company said on Thursday, denying any involvement in the scandal.
Boeing 787 probe results 'weeks away': NTSB
The results of a probe into the Boeing 787 Dreamliner will likely not be known for weeks, investigators said Wednesday, meaning the fleet will remain grounded for at least that long.
07 February 2013
RBS bank says to pay 'significant penalties' over Libor
Royal Bank of Scotland on Wednesday said it expected to pay "significant penalties" and face other sanctions from British and US financial regulators over its role in the Libor rate-rigging scandal.
Samsung to pump $1 bn into research, venture fund
Samsung announced Monday it was pumping more than $1 billion into research and venture capital funding efforts that will be led by a new hub for the South Korean giant in Silicon Valley.