BHP sells diamond assets for $500 million
The world's largest miner BHP Billiton on Wednesday said it was exiting the diamond industry, selling its Canadian assets to retailer Harry Winston Diamond Corp. for US$500 million.
Samsung plans no settlement with Apple: executive
Samsung has no plans to follow Taiwanese firm HTC in seeking a settlement over its patent disputes with Apple.
BBC showed 'basic' journalistic failings in abuse story
The BBC showed "basic" journalistic failures in a news report in which it wrongly accused a senior politician of child abuse, an internal investigation has found.
Calls for BBC overhaul after chief quits in abuse row
The chairman of the BBC's governing board called Sunday for radical change in the world's largest broadcaster after it was plunged into crisis following the resignation of its chief executive in a sex abuse row.
Falling aluminium prices hit Rusal earnings
Russian aluminium giant Rusal posted a third-quarter loss of $118 million on Monday, blaming Europe's economic turmoil and China's slowdown for sinking global demand for the metal.
Apple still perched high, but seems vulnerable
Apple, the world's biggest and perhaps most admired company, seems to have lost some of its luster.
Chevron assets frozen in Argentina over Ecuador case
An Argentine judge froze Chevron's local assets Wednesday at the request of a court in Ecuador where the US oil giant has been ordered to pay $19 billion in environmental damages.
Cosmetics giant L'Oreal opens huge Indonesia plant
Cosmetics giant L'Oreal on Wednesday opened its biggest factory in the world in Indonesia, as it seeks to profit from strong demand for beauty products in fast-growing Asia.
TEPCO says Fukushima clean up, compensation may hit $125 bn
The cost of cleaning up the mess left by meltdowns at Fukushima nuclear power station and compensating those affected may double to $125 billion.