Pfizer unit Zoetis makes strong market debut
Zoetis, pharmaceutical giant Pfizer's animal-health division, made a dramatic debut on Wall Street Friday as the biggest initial public offering since Facebook.
02 February 2013
BlackBerry faces tough battle for business users
BlackBerry's new smartphone platform launched this week faces an uphill battle winning back corporate and government users who helped spawn the "crackberry" culture.
02 February 2013
Samsung chairman wins $4 bn family court case
Samsung Electronics chairman Lee Kun-Hee won a court ruling Friday against demands from his siblings to hand over billions of dollars in shares in various Samsung Group companies.
Europe will get its money back says Bank of Greece
Greece will pay back the billions of euros of European aid it has received to fight its debt crisis, the head of the country's central bank told Germany's Sueddeutsche Zeitung.
01 February 2013
Hostess selects lead bidders after $410 mn offer
Twinkie manufacturer Hostess said Wednesday it had chosen a joint offer from investment firms C. Dean Metropoulos & Co. and Apollo Global Management LLC as the lead bid to buy the popular snack maker.
01 February 2013
Singapore airport handles record 51 mn passengers
Singapore's Changi Airport said Thursday it had enjoyed its busiest year in 2012, handling a record 51.2 million passengers, underscoring its position as a regional aviation hub.
01 February 2013
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Facebook mobile use surges, but stock falls
Facebook is increasing its revenue from mobile with more users now accessing the social network via smartphones and tablets than from personal computers, but Wall Street remains unimpressed.
31 January 2013
Dutch court rules in Nigerian farmers' suit against Shell
A Dutch court will decide on Wednesday whether Shell should clean up oil damage that destroyed a group of Nigerian farmers' land, a case that could set a precedent for global environmental responsibility.
31 January 2013
Philips returns to profit, sells entertainment business
Electronics giant Philips on Tuesday reported 2012 net profits of 231 million euros (311 million dollars), after losses of 1.29 billion euros in 2011, and announced the sale of its entertainment business to focus further on health products.
Tech entrepreneur Musk offers to help Boeing
Tech entrepreneur Elon Musk, founder of the electric carmaker Tesla and aeronautics firm SpaceX, has offered to help Boeing fix apparent problems with the batteries in its grounded 787 Dreamliner.
Japan cabinet to approve $1.02 trillion annual budget
Japan's cabinet was Tuesday set to approve a $1.02 trillion annual budget with boosts in defence and public works spending amid a festering territorial row with China and a renewed assault on deflation.