Apple loses world's most valuable company crown
Apple shares extended their losses Friday, ending a miserable week for the California tech giant as it surrendered its position as the world's biggest company based on market value.
27 January 2013
Apple hails results but outlook knocks stock price
Apple shares slid about 10 percent Wednesday after the tech giant posted record profits and sales of its iPhones and iPads but offered a disappointing forecast for the coming months.
Cathay asks crew to volunteer for early retirement
Hong Kong flag carrier Cathay Pacific on Tuesday asked its cabin crew to volunteer for early retirement as part of its cost-cutting measures to boost profitability amid a global slowdown.
Boeing suspends 787 deliveries
The American aerospace giant Boeing halted deliveries of its 787 Dreamliner on Friday but said it would continue to build the aircraft while safety experts examine its battery and electrical systems.
Sony selling Madison Avenue HQ building for $1.1 bn
Sony said Friday it was selling its US headquarters in Manhattan for $1.1 billion as part of an overhaul aimed at rescuing the Japanese consumer electronics giant's tattered balance sheet.
19 January 2013
Boeing crisis deepens as US, Japan ground Dreamliner
Boeing suffered another huge blow on Wednesday as US and Japanese regulators grounded its 787 Dreamliner until a fire risk linked to the plane's lithium batteries can been resolved.
17 January 2013
Regulator grounds Air India Dreamliners
India's aviation regulator said Thursday it had instructed Air India to ground its fleet of Boeing Dreamliners following similar orders from authorities in the United States and Japan.
China bank's 'sexist' promotion sparks outrage
A Chinese bank's offer to automatically transfer most of a husband's income to his wife's account has provoked fury, with some calling it "the most atrocious banking service against men in history".
VW hits global sales record, still trails Toyota
Volkswagen posted record-breaking global sales in 2012, up 11 percent at 9.07 million, but the ambitious German automaker continues to trail Japanese rival Toyota.
KFC parent company sorry over China chicken scare
US fast food giant Yum! Brands has apologised to customers of its Chinese KFC restaurants after a scandal over tainted chicken that dented sales at the popular chain.
12 January 2013
Apple sees China becoming biggest market: report
Apple Chief Executive Tim Cook, on his second visit to China in a year, said he expects the country to surpass the United States as the technology giant's largest market.