Toyota pays $16 million to settle US acceleration suit
Toyota has agreed to a $16 million deal with a southern Californian county over charges the Japanese auto giant hid safety issues linked to unintended acceleration of cars.
Shell puts last Australian refinery on market
Global energy giant Shell announced Thursday it was selling its last remaining Australian refinery to focus on more sizeable assets abroad, a move that threatens 470 jobs.
Arkansas opens probe into ExxonMobil spill
Arkansas opened an investigation into an ExxonMobil pipeline that unleashed thousands of barrels of crude and forced the evacuation of 22 homes.
Cypriot solidarity concert as financial crisis bites
Tens of thousands of people on Monday attended a charity concert in the Cypriot capital Nicosia to raise funds and collect food for people suffering the fallout of a severe financial crisis.
02 April 2013 14:04
Apple apologises after China outrage
Apple chief executive Tim Cook has apologised to Chinese consumers after the US technology giant was subjected to a barrage of criticism in state-run media over alleged "arrogance" and double standards.