iPhone maker Foxconn invests $40 million in USTaiwan's Foxconn, the maker of iPhones, iPads and other electronics in China, said Thursday it would invest $40 million in the United States to ramp up manufacturing of high-end products.
22 November 2013
BHP sees China driving resources demand for 15 yearsAnglo-Australian mining giant BHP Billiton on Thursday said China's economic growth was resilient enough to drive strong demand for commodities for the next 15 years.
US opens Tesla safety review, company orders changesA US government agency said Tuesday it was investigating fires in Tesla electric vehicles, as the company ordered modifications aimed at reducing what it called a negligible risk.
20 November 2013
Drugs scandal rocks Britain's troubled 'ethical' bankBritain's Co-operative Bank, which prides itself on ethical investments, has been plunged deeper into crisis after its former chairman was filmed allegedly seeking to buy drugs.
19 November 2013
Forbes magazine publisher seeks buyerForbes Media, the family-owned group known for its business magazine which chronicles great wealth, said Friday it is up for sale.
16 November 2013
JPMorgan to pay investors $4.5bn over mortgage bondsJPMorgan Chase said Friday it had reached a deal with 21 institutional investors to pay $4.5 billion for losses on mortgage securities it and Bear Stearns sold before the financial crisis.
Chevron ordered to pay Ecuador $9.51 bn on appeal: courtAn Ecuadoran court Tuesday upheld a ruling that US oil giant Chevron was liable for environmental damage in its Amazon basin region by sister company Texaco, but ordered it to pay a reduced $9.51 billion.
13 November 2013
China to allow more private investment in state firms: reportChina will open its state-owned firms to greater investment by private companies, a state-run newspaper reported Monday, as media raise expectations over a top Communist Party meeting on economic reforms.
12 November 2013
Major Sudan airline grounded, blames US sanctionsA major Sudanese airline serving South Sudan and the Middle East suspended operations Sunday, blaming American sanctions, as a document confirmed German carrier Lufthansa will also end flights to Sudan.
11 November 2013
As Twitter flies, fears mount on bubbleTwitter's high-flying Wall Street debut drew attention to the growing power of social media, but also raised concerns about a potential bubble in the sector.
Google ends mystery: barge to be 'interactive space'Google ended nearly two weeks of speculation about an enormous floating barge in San Francisco Bay, saying it would be "an interactive space" for learning about technology.
07 November 2013
BMW says 'on course' after good Q3German luxury car maker BMW said Tuesday it is confident of meeting its full-year forecasts after business developed favourably in the third quarter.
McDonald's Japan 'sorry' over homeless banMcDonald's Japan issued an apology Friday after it was revealed one of its outlets had posted a notice banning homeless people for more than a year.
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