BP to pay record $4.5 bn fine over US oil spill
BP agreed Thursday to pay a record $4.5 billion in US fines for the 2010 Gulf of Mexico oil spill and pleaded guilty to 14 counts including felony manslaughter in the deaths of 11 workers.
16 November 2012
BP says in 'advanced discussions' to settle Gulf spill case
British energy giant BP said on Thursday it was in advanced discussions to settle open criminal and regulatory cases with US authorities over the 2010 Gulf of Mexico oil spill disaster.
16 November 2012
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.
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.
12 November 2012
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.
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.
US judge tosses Apple suit against Motorola
A federal judge on Monday tossed out an Apple lawsuit accusing Google-owned Motorola Mobility of trying to charge the iPhone maker too much for licenses to essential technology for mobile devices.
Japan's Suzuki shutters US car business
Japan's Suzuki said Tuesday it would shut down its money-losing car business in the United States and file for bankruptcy, citing a strong yen and weak demand for its small cars in the US market.
06 November 2012
Toyota ups full-year profit target to $9.7 billion
Toyota Monday hiked its full-year profit forecast to 780 billion yen ($9.7 billion) despite saying it expected to sell fewer cars due to weakness in Europe and China and a Sino-Japanese territorial row.
05 November 2012
Alstom suspends work on Slovenia coal plant over financing
French energy giant Alstom has begun suspending work on a 1.3-billion-euro ($1.67-billion) coal-fired electricity plant in Slovenia after failing to receive financing guarantees from the government.
04 November 2012
Samsung sells 3 mn Galaxy Note II smartphones since debut
Samsung Electronics said Friday that global sales of its large Galaxy Note II smartphone had topped three million since its debut in late September, as archrival Apple's iPad mini hit stores.
KazAtomProm announces Jan-Sep uranium production figure
KazAtomProm is Kazakhstan's major exporter of uranium and its compounds, rare metals, nuclear fuel for nuclear power stations, special equipment, technologies and dual-usage materials.