Beeline fined $1 million
KaR-Tel cellular operator has been fined $1 million for setting a threshold for connection to international roaming service.
27 August 2012
BHP offloads Australian uranium project to Cameco
BHP Billiton on Monday said it was selling one of Australia's largest underdeveloped uranium mines to Cameco for US$430 million, just days after delaying its Olympic Dam copper and uranium project.
27 August 2012
Nike stands by Armstrong after he loses titles
US sporting goods giant Nike was one of several sponsors sticking by Lance Armstrong on Friday after the US Anti-Doping Agency stripped the cycling legend of his record seven Tour de France titles.
26 August 2012
Apple scores huge win over Samsung in patent case
Apple won more than $1 billion in a massive US court victory over Samsung on Friday, in one of the biggest patent cases in decades -- a verdict that could have huge market repercussions.
25 August 2012
Faded US stimulus hopes weigh on oil prices
Oil prices were mixed Thursday amid fresh doubts about hoped-for US Federal Reserve stimulus and a bleaker energy demand outlook in China and Europe.
25 August 2012
Elisabeth Murdoch calls for morality in media
Elisabeth Murdoch, daughter of Australian-born tycoon Rupert, urged the media to concentrate on morals as well as profit during a speech to television executives in Scotland on Thursday.
24 August 2012
TENGRI LIFE
TENGRI TRAVEL
Greek PM in crisis talks with Merkel
Greece's prime minister was expected to press for more time to make key reforms and spending cuts to keep his debt-wracked country in the eurozone at crisis talks Friday with Chancellor Angela Merkel.
24 August 2012
Australian mining minister warns boom is 'over'
Australia's Resources Minister declared the mining boom "over" following BHP Billiton's decision to delay the massive Olympic Dam project as commodities prices sag.
23 August 2012
Facebook at half-price: which way now?
If you bought Facebook shares in the May IPO and held onto them, by Monday morning you would have lost more than half your investment -- and not see any encouraging signs of making your money back.
23 August 2012
Billionaire George Soros invests in Man United
US billionaire George Soros has bought a stake in Manchester United, the British football club that made its Wall Street debut earlier this month, according to a filing with US regulators on Monday.
23 August 2012
Australia sees China chance in Chevron gas exit
Australian officials on Tuesday welcomed Chevron's decision to bow out of Woodside Petroleum's massive Browse liquefied natural gas project as a chance for Chinese investors to buy in.
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.
22 August 2012
Berlin douses hopes of quick euro crisis fix
Germany on Monday dampened hopes for powerful action from the European Central Bank to fix the euro crisis and slapped down speculation of an immediate breakthrough on debt-wracked Greece.