Asiana passengers file lawsuit against Boeing
A group of 83 passengers aboard an Asiana Airlines flight which crash-landed in San Francisco has filed a lawsuit seeking millions from the aircraft's manufacturer Boeing.
Citi profits jump as investment revenues surge
US banking giant Citigroup Monday reported better-than-expected quarterly earnings as strong securities and investment banking revenues helped offset weaker mortgage business and continued US consumer caution.
AT&T to buy carrier Leap Wireless
AT&T announced plans Friday to buy mobile carrier Leap Wireless in a deal worth at least $4 billion, giving the telecom giant more spectrum and the Cricket prepaid phone franchise.
14 July 2013
Boeing stocks dive after 787 fire at Heathrow
Boeing stocks plunged nearly 5 percent on Friday after a fire and a "technical issue" on separate 787 Dreamliners in Britain stoked fresh safety concerns about the new high-tech jetliner.
13 July 2013
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Apple case cracks open e-books, digital goods pricing
A ruling by an American judge that Apple illegally conspired to fix e-book prices could boost competition in the market for all kinds of digital goods, including music and movies.
12 July 2013
Australia at crossroads as China boom ends: PM
Australian Prime Minister Kevin Rudd Thursday said the China resources boom was over, leaving the economy at a crossroads, as he called for a new productivity pact to boost competitiveness.
US proposes tougher requirements on largest banks
US regulators Tuesday unveiled tough new capital requirements for the nation's eight largest banks in the newest move to strengthen the financial system in the wake of the 2008 crisis.
Kazakhstan workers strike on Kashagan's D island
Around 200 employees of CAPE Industrial Services subcontractor were striking this weekend. The company works on D island of Kazakhstan’s oil field Kashagan.