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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.

15 November 2012

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.

14 November 2012

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.

13 November 2012

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.

12 November 2012

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.

11 November 2012

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.

09 November 2012

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.

07 November 2012

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.

07 November 2012

Kazakhstan tycoon family is buying Hambledon Mining Assaubayevs family company African Resources intends to buy 60 percent of Hambledon Mining.

07 November 2012

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.

07 November 2012

Subscription for KazTransOil shares on the first day totals $1.2 million The subscription will be open until December 5, 2012.

06 November 2012

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.

02 November 2012

British judges order Apple to re-write Samsung statement US tech giant Apple has until Saturday to re-write an "inaccurate" statement relating to its patent dispute with South Korean rival Samsung, British judges have ruled.

02 November 2012

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.

01 November 2012

Panasonic shares plunge after loss forecast Shares in Panasonic dived nearly 20 percent Thursday after the Japanese firm warned of a mammoth $9.6 billion annual loss in the latest sign of trouble for the nation's hard-hit electronics giants.

01 November 2012

Duopoly fears after Virgin Australia takes Tiger stake Australia's competition regulator plans to take a hard look at Virgin Australia's planned acquisition of low-cost rival Tiger Airways Australia over concerns about the market becoming a duopoly.

31 October 2012

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