Turkish economic miracle woos German businesses
As Europe battles its never-ending debt crisis, Turkey, with its flourishing economy, is increasingly attracting the attention of German companies, as well as German-born Turks in search of a job.
Qantas pilot tests positive for alcohol
A Qantas Airways pilot failed an alcohol test after being removed from the controls of a passenger flight just minutes before take-off over concerns she had been drinking.
06 August 2012 14:04
Heineken to buy maker of Tiger beer for $4.1 billion
Dutch brewer Heineken said Friday it has reached a deal to buy the Asian brewing group that makes Tiger beer for $4.1 billion, as it seeks to bolster its presence in the fast-growing region.
04 August 2012 18:48
Commodity prices mostly fall on lack of stimulus measures
Global commodity markets mainly fell in subdued trade this week as investors expressed disappointment at the lack of central bank action to kick-start the struggling global economy.
04 August 2012 18:48
Investigations of Shell's Nigeria spills a 'fiasco': Amnesty
Rights group Amnesty International said Friday investigations into Shell oil spills in Nigeria were a "fiasco," alleging the company repeatedly blamed sabotage in an effort to avoid responsibility.
04 August 2012 12:11
BHP chief forgoes bonus after $2.84 bln US gas writedown
BHP Billiton on Friday said chief executive Marius Kloppers will forgo his annual bonus after the world's biggest miner was forced to write down the value of its US shale gas assets by US$2.84 billion.
03 August 2012 18:54
Euro stays weak in Asia after ECB disappointment
The euro stayed bearish against other currencies in Asia trade Friday after taking a hit from the European Central Bank's announcement of no immediate measures to fight the debt crisis.
Asian markets rise again on stimulus hopes
Asian markets were generally higher Tuesday, their third consecutive positive session, amid continued hopes for new stimulus measures by European and US central banks.
31 July 2012 14:04
US jury to decide Apple, Samsung patent case
Jury selection was set to open Monday in a US federal court in the blockbuster patent case pitting Apple against Samsung, which accuse each other of copying patents for smartphones and tablets.
31 July 2012 10:03
Taiwan university sues Apple over iPhone patents
Taiwan's National Cheng Kung University has filed a suit against US tech giant Apple, claiming the company's Siri intelligent assistant has infringed on two of its patents.
30 July 2012 17:43
Boeing launches probe after 'engine issue'
Boeing said Sunday it had launched an investigation after an "engine issue" hit a test flight of the 787 Dreamliner a day earlier in South Carolina.
30 July 2012 17:19
Japan firm says China waste claims 'groundless'
A Japanese paper firm whose factory was at the centre of deadly weekend protests in China said Monday it was concerned about the demonstration, but rejected pollution claims as "groundless".
30 July 2012 11:35
CNN chief quits, says 'new thinking' needed
CNN Worldwide president Jim Walton announced Friday he is quitting the job at the end of the year, saying the struggling cable network needs "new thinking."
