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Samsung promises compensation over cancer claims
Samsung Electronics promised on Wednesday to pay compensation to a number of employees who claim they contracted cancer from working at the company's semiconductor plants.
14 May 2014
Petrobras probe on US refinery 'near end'
An internal investigation of Petrobras' controversial $1.1 billion purchase of a Texas refinery is nearing completion, the Brazilian state oil giant's chief said.
13 May 2014
Kenes Rakishev buys into Magnum Cash & Carry
Businessman Kenes Rakishev has bought a stake in Magnum Cash & Carry retailer network.
05 May 2014
Rolls-Royce says in talks to sell energy unit to Siemens
German engineering giant Siemens, which is seeking to buy French firm Alstom's energy division, is in talks to purchase Rolls-Royce's energy production arm, the British aircraft engine maker said.
01 May 2014
India to tap in Caspian oil in Kazakhstan
India might become the developer of Kazakhstan’s Abai oil block at the Caspian Sea.
27 April 2014
Apple splitting stock as iPhone sales soar
Apple on Wednesday courted investors with stock split plans as hot iPhone sales pushed up profits while underscoring pressure for the company to unveil "the next big thing."
24 April 2014
GSK, Novartis unveil major healthcare revamp
British pharmaceutical giant GlaxoSmithKline and Swiss peer Novartis announced a major shake-up of their healthcare divisions on Tuesday in deals worth billions of dollars.
23 April 2014
Mattel reports loss as Barbie sales plummet
Toymaker Mattel has a problem: Barbie's performance has not been very pretty of late.
19 April 2014
S. Korea state insurer sues three tobacco makers
South Korea's state health insurer said Monday it had filed a lawsuit against three domestic and foreign tobacco makers, seeking damages of 53.7 billion won ($51.6 million) for payouts over smoking-related illnesses.
15 April 2014
Citigroup cuts 200-300 jobs
US bank Citigroup has cut between 200 and 300 additional jobs, most in the global markets business, The Wall Street Journal reported Sunday.
15 April 2014
US launches probe into weight loss company Herbalife
US authorities have opened a criminal probe into the nutrition and weight loss company Herbalife Ltd., according to media reports Saturday.
13 April 2014
Samsung Galaxy S5 makes global debut
The latest version of Samsung's flagship Galaxy smartphone went on sale worldwide Friday, days after the electronics giant announced it was facing a second consecutive quarter of profit decline.
12 April 2014
Chevron, YPF ramp up Argentina shale investment
US oil giant Chevron and state-controlled YPF unveiled plans Thursday to spend another $1.6 billion to develop Argentina's Vaca Muerta shale formation for oil and gas projects.
12 April 2014
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