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Intel lays off of 1,500 employees in Costa Rica US microchip giant Intel announced Tuesday it was reducing its assembly and testing operations in Costa Rica and will lay off 1,500 employees.

09 April 2014

Romanians protest against Chevron fracking plans Thousands took to the streets of Romania on Sunday to protest against plans by US energy giant Chevron to drill for shale gas.

07 April 2014

Indian drug maker Sun to buy troubled peer Ranbaxy for $4.0 bln Top Indian drug giant Sun Pharmaceutical Industries said Monday it had agreed to buy its troubled peer Ranbaxy for $4.0 billion in stock, ending its ill-fated six-year control by Japan's Daiichi Sankyo.

07 April 2014

Samsung 'selfie' flap now in hands of lawyers: White House The controversy over a "selfie" photo of President Barack Obama and baseball star David Ortiz now is in the hands of attorneys, a White House official said on Sunday.

07 April 2014

US allows Boeing to sell plane parts to Iran The United States has issued a license allowing Boeing to do business with Iran for the first time since the US embargo of 1979, a company spokesman told AFP Friday.

05 April 2014

Chinese man, Iranian indicted in US over Iran exports A Chinese man, an Iranian and two Iranian firms were charged in the United States with conspiring to export devices to Iran that can serve to enrich uranium, an indictment unsealed Friday said.

05 April 2014

Russia seeks over $11 bn in 'debt' from Ukraine: Gazprom Chairman of Russia's Gazprom Alexei Miller on Saturday said that Ukraine must pay back the full discount it has been granted on Russian gas over the past four years, worth $11.4 billion.

05 April 2014

Novartis replaces top Japan executives over drug trial scandal Swiss pharmaceutical giant Novartis said Thursday it was replacing the top executives at its Japanese unit over allegations the division hid serious potential side effects of leukaemia treatments from regulators.

03 April 2014

Pilots' strike grounds Lufthansa Lufthansa, Germany's biggest airline, said Monday it will be forced to cancel most of its flights later this week, grounding as many as 425,000 passengers, due to a pilots' strike.

01 April 2014

S.Korea's Samsung SDI absorbs materials unit Samsung SDI, the world's largest smartphone battery maker, said Monday it would absorb an affiliate producing electronic chemical materials, in the latest restructuring of the giant Samsung Group.

31 March 2014

Italian firm wins $1.2 bn Lima metro contract Italian industrial giant Finmeccanica on Friday said it had won a $1.2 billion (873 million euro) contract for building and operating unmanned metro lines in Lima.

30 March 2014

BlackBerry posts fresh losses, but sees upside BlackBerry reported fresh losses Friday but offered some reasons for optimism as the smartphone maker struggles to escape from a death spiral.

30 March 2014

Taiwan's Hon Hai profit up 12.7% in 2013 on iPhone demand Taiwan tech giant Hon Hai Precision, the world's largest contract manufacturer for electronics, saw its net profit rise 12.7 percent on-year in 2013, bolstered by demand for Apple's new products.

29 March 2014

Prodigal son returns as Murdoch sets succession plan Rupert Murdoch's prodigal son is back, with key roles in the family's media entertainment empire in what appears to be a succession plan for the 83-year-old tycoon.

27 March 2014

China firm aims for the sky with Russia plane project: reports A little-known Chinese firm hopes to set up a facility to assemble regional jets made by Russia's Sukhoi in a multi-billion-dollar deal, state media reported.

27 March 2014

Intel buys fitness-tracking band maker Basis Intel on Tuesday announced it has bought fitness-tracking band maker Basis Science as part of a move into the hot wearable computing market.

26 March 2014

Kashagan operator fined $737 million for flaring Kazakhstan ecologists are demanding that the Kashagan field operator pays a fine of $737 million to compensate the environmental damage.

21 March 2014

Kenes Rakishev joins Kazakhstan Engineering board Kazakhstan businessman Kenes Rakishev has became a member of the Board of Directors of Kazakhstan Engineering National Company.

17 March 2014

Rompetrol Group renamed to KazMunaiGas International The Rompetrol Group is being renamed to KazMunaiGas International.

17 March 2014

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

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