Apple is most valuable company ever at $622 bn
Apple on Monday dethroned longtime rival Microsoft as the most valuable company in history based on the value of its stock, which climbed to around $622 billion.
22 August 2012
Shell paid Nigeria millions to guard oil facilities: group
An oil industry watchdog said Monday that Shell paid Nigeria's military and police $65 million over two years to secure company facilities, alleging the firm had bankrolled forces widely accused of rights abuses.
22 August 2012
S.Africa platinum mine reopens after deadly clashes: Lonmin
Embattled platinum giant Lonmin resumed operations Monday at the South African mine where 44 people were killed in a wildcat strike, and gave workers another day to come back to the job.
Manchester United shares fall below IPO price
Shares in legendary football club Manchester United closed below their IPO price for the first time Thursday, as apparent price support efforts gave out after five days of trade.
18 August 2012
Standard Chartered fined $340m over Iran deals
Standard Chartered on Tuesday settled allegations that it helped Iranian clients dodge US sanctions, announcing a fine of $340 million from a New York banking watchdog.
Manchester United slashes price for US IPO
Britain's world-renowned football club Manchester United slashed the price of its US share launch, cutting the amount it was raising in Friday's IPO to $233 million from a hoped-for $300 million or more.
10 August 2012
Toyota announces $495 mn investment in Brazil
Top Japanese automaker Toyota plans to invest $495 million dollars to build an engine plant in Brazil, the company's president said Wednesday after meeting Brazilian President Dilma Rousseff.
10 August 2012
S. Korea firms in talks to resume Iran oil imports
South Korean oil refiners are in talks with Iran to resume oil imports, officials said Thursday, potentially by using Iranian tankers as a way to circumvent EU sanctions.
09 August 2012
Samsung exec 'very offended' by Apple rip-off claim
A top Samsung executive testified Monday that he found "very offensive" the suggestion that the South Korean gadget giant ripped-off Apple's market-leading mobile iPhone and iPad devices.
07 August 2012
Qantas pilot tests positive for alcohol
A Qantas Airways pilot failed an alcohol test after being removed from the controls of a passenger flight just minutes before take-off over concerns she had been drinking.
06 August 2012
Heineken to buy maker of Tiger beer for $4.1 billion
Dutch brewer Heineken said Friday it has reached a deal to buy the Asian brewing group that makes Tiger beer for $4.1 billion, as it seeks to bolster its presence in the fast-growing region.
04 August 2012
Investigations of Shell's Nigeria spills a 'fiasco': Amnesty
Rights group Amnesty International said Friday investigations into Shell oil spills in Nigeria were a "fiasco," alleging the company repeatedly blamed sabotage in an effort to avoid responsibility.
04 August 2012
BHP chief forgoes bonus after $2.84 bln US gas writedown
BHP Billiton on Friday said chief executive Marius Kloppers will forgo his annual bonus after the world's biggest miner was forced to write down the value of its US shale gas assets by US$2.84 billion.
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