AIG refuses to join lawsuit against US government
The board of giant insurer AIG decided Wednesday not to join a private shareholder lawsuit against the US government over the $182 billion rescue of the insurer in 2008.
11 January 2013
Giant Chinese complex raises eyebrows in Mexico
Construction of the second biggest retail complex for Chinese products outside China will begin in Mexico next month despite environmental and business concerns.
11 January 2013
Second Boeing incident raises questions about 787
A Japan Airlines Boeing 787 that was to fly to Tokyo was grounded in Boston Tuesday following a fuel spill, one day after another plane of the same type suffered a fire.
McDonald's to become 'Macca's' in Australia
Global fast food chain McDonald's is embracing its Australian nickname Down Under, with selected stores around the country changing their signage on Tuesday to "Macca's".
Agip to return 2 land lots in Atyrau into state property
Agip Kazakhstan North Caspian Operating Company N.V. will return two land lots into the state ownership in line with the ruling of specialized interregional economic court of Atyray oblast.
04 January 2013
US fines Transocean $1.4 bn over Gulf oil disaster
The United States hit drilling rig operator Transocean with $1.4 billion in criminal and civil fines Thursday for its role in the 2010 Deepwater Horizon disaster in the Gulf of Mexico.
Amazon fends off Apple claim to "Appstore" name
A federal judge on Wednesday rejected Apple's claim of false advertising for Amazon.com to refer to its online shop for mobile gadget applications as an "app store."
Apple to drop patent claims against Samsung phone
Apple has agreed to drop its patent claims against Samsung's Galaxy S III Mini after the South Korean rival said it would not sell the gadget in the United States.
30 December 2012
India set to clear IKEA retail plan: minister
India is on track to approve a bid by Swedish furniture giant IKEA to open its trademark blue-and-yellow stores in the country as it seeks big new markets for its flat-pack products.
Samsung hits back at Ericsson in patent battle
South Korea's Samsung Electronics said Wednesday it had filed a complaint to seek a US import ban on some Ericsson products in an escalating patent battle with the Swedish mobile giant.
27 December 2012
S. Korea's KT bids for Vivendi stake in Maroc
South Korean mobile operator KT said Wednesday it has submitted a preliminary bid for French group Vivendi's stake in Moroccan carrier Maroc in a deal estimated to be worth more than $7 billion.
Instagram sued over contract changes
A lawsuit is seeking to stop Instagram from changing its terms of service, saying the Facebook-owned smartphone photo-sharing service is breaching its contract with users.