Crude prices up after Crimea referendum
Oil prices rose in Asia Monday on increased geopolitical tensions as the United States hinted at fresh sanctions against Moscow after Crimea voted in a referendum to break away from Ukraine and join Russia.
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 18:48
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 14:54
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 01:31
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 18:43
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.
Australia's first banknote going under hammer
The only known specimen of the first official banknote issued in Australia, uncovered in Scotland, is expected to fetch at least Aus$250,000 (US$224,000) at an auction in Sydney this month.
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 09:44
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.
