Air Arabia launches Sharjah-Shymkent flight
Airline company Air Arabia, the Middle East and North Africa’s largest low-cost carrier, has launched the flight Sharjah-Shymkent on March 16.
17 March 2014
DBS buys Societe Generale's Asian private banking business
Singapore's DBS Bank said Monday it had agreed to buy the Asian private banking business of French lender Societe Generale in a deal worth $220 million, boosting its access to the region's super rich.
17 March 2014
Coca-Cola hoping to score big at World Cup
The world's football stars will not be the only ones competing for glory at this year's World Cup in Rio de Janeiro. Coca-Cola will also be running hard.
17 March 2014
Huge price hikes for Brazil World Cup hotels
Football fans heading to Rio for the World Cup will have to pay at least double the going rate for hotel accommodation despite government attempts to limit price-gouging during the tournament.
14 March 2014
Workers sue McDonald's for stealing wages
US workers accused fast-food giant McDonald's of systematically stealing wages through illicit practices like forcing them to work off-the-clock and failing to pay overtime.
14 March 2014
US ends BP contract ban
The United States announced Thursday an end to its ban on BP obtaining government contracts following the 2010 Deepwater Horizon disaster in the Gulf of Mexico.
Japan's Sprint owner eyes US telecom price war
The Japanese owner of US mobile carrier Sprint said he wanted to launch a "price war" with the two major carriers as he seeks to acquire T-Mobile's US unit.
12 March 2014
Warning bells as Portugal urged to exit bailout without buffer
With Portugal's 78-billion-euro IMF-EU aid programme about to come to an end, its creditors are not only expecting the country to exit its massive bailout on May 17, but urging it to do so without a safety net.
Japan says Bitcoin not a currency, but taxable
Bitcoin is not a currency but transactions involving it should be "subject to taxation", Japan's government said Friday, in a move that could pave the way for formal regulations on the troubled virtual unit.
Judge rejects Apple bid to ban Samsung devices
A federal judge Thursday rejected Apple's request to ban an array of Samsung smartphones and tablets found to have infringed on patents held by the US tech giant.