Barclays announces departure of senior bank staff
Barclays on Monday said that its finance director and top legal expert had decided to leave the bank, as the British lender undergoes a shake-up in the wake of the Libor rate-rigging scandal.
Pfizer unit Zoetis makes strong market debut
Zoetis, pharmaceutical giant Pfizer's animal-health division, made a dramatic debut on Wall Street Friday as the biggest initial public offering since Facebook.
02 February 2013
BlackBerry faces tough battle for business users
BlackBerry's new smartphone platform launched this week faces an uphill battle winning back corporate and government users who helped spawn the "crackberry" culture.
02 February 2013
Samsung chairman wins $4 bn family court case
Samsung Electronics chairman Lee Kun-Hee won a court ruling Friday against demands from his siblings to hand over billions of dollars in shares in various Samsung Group companies.
02 February 2013
Hostess selects lead bidders after $410 mn offer
Twinkie manufacturer Hostess said Wednesday it had chosen a joint offer from investment firms C. Dean Metropoulos & Co. and Apollo Global Management LLC as the lead bid to buy the popular snack maker.
Dutch court rules in Nigerian farmers' suit against Shell
A Dutch court will decide on Wednesday whether Shell should clean up oil damage that destroyed a group of Nigerian farmers' land, a case that could set a precedent for global environmental responsibility.
31 January 2013
Philips returns to profit, sells entertainment business
Electronics giant Philips on Tuesday reported 2012 net profits of 231 million euros (311 million dollars), after losses of 1.29 billion euros in 2011, and announced the sale of its entertainment business to focus further on health products.
31 January 2013
Tech entrepreneur Musk offers to help Boeing
Tech entrepreneur Elon Musk, founder of the electric carmaker Tesla and aeronautics firm SpaceX, has offered to help Boeing fix apparent problems with the batteries in its grounded 787 Dreamliner.
30 January 2013
Yahoo! shares bounce as profit tops expectations
Yahoo! shares bounced in after-hours trading Monday as the struggling Internet pioneer topped Wall Street expectations despite a slip in quarterly profit.