Icahn revamps Dell offer, calls buyout 'giveaway'
A battle for US computer giant Dell heated up Friday as corporate raider Carl Icahn and other investors made a new offer and called a planned buyout led by company founder Michael Dell a "giveaway."
11 May 2013 16:41
New Zealand's Mighty River in strong stock market debut
Shares in hydro-electric generator Mighty River Power debuted on the New Zealand stock exchange at NZ$2.73 ($2.29) Friday, a 9.2 percent premium on the NZ$2.50 initial public offer (IPO) price.
11 May 2013 11:21
Turkish Airlines reverses lipstick ban for stewardesses
Turkish Airlines has reversed a ban on air hostesses wearing brightly-coloured lipstick following accusations it was trying to Islamise the company under government influence.
10 May 2013 18:05
G7 nations meet as US pressures Europe over austerity
Finance ministers and central bank chiefs from the Group of Seven leading economies will meet in the English countryside on Friday for talks on spurring growth, amid US-Europe divisions over the scale of austerity.
10 May 2013 15:57
Sri Lanka cuts lending rates hoping for growth
Sri Lanka's central bank Friday cut benchmark lending rates by 50 basis points, saying the move was to designed to encourage growth amid sluggish economic activity this year.
Branson open to total sale of Virgin Australia
Virgin Group chief Richard Branson has aired the possibility of selling his entire stake in budget carrier Virgin Australia, saying the airline's branding is more important to him than ownership.
US billionaire Warren Buffett optimistic on stocks
Billionaire Warren Buffett is praising the policies of both President Barack Obama and his predecessor George W. Bush for moving the US economy in the right direction.
06 May 2013 11:00
Australia halts cattle exports to Egypt
Australian cattle exporters said they had suspended live shipments to Egypt Saturday after abattoir footage shot by animal rights activists showed "horrific" mistreatment of cows.
Penfolds pops cork on 'perfect' 2008 Grange
Nestled in Australia's Adelaide hills, Penfolds Magill Estate has opened its double cellar doors to launch global sales of one of the most hyped "new world" wines in recent history.
04 May 2013 13:20
KazMunaiGas closes $3 billion deals
KazMunaiGas National Company has successfully closed the deals on placement of 10-year and 30-year Eurobonds raising $3 billion.
03 May 2013 15:38
KazakhTelecom buys Digital TV
Kazakhstan national telecommunications company KazakhTelecom has purchased 100-percent of Digital TV.