News about company

BMW says 'on course' after good Q3

German luxury car maker BMW said Tuesday it is confident of meeting its full-year forecasts after business developed favourably in the third quarter.
05 November 2013 18:01

McDonald's Japan 'sorry' over homeless ban

McDonald'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.
02 November 2013 10:05

Uzbek first daughter confirms media empire shutdown

The eldest daughter of Uzbekistan President Islam Karimov Wednesday confirmed the closure of television channels she is believed to control, as rumours build of a rift in the ruling family.
31 October 2013 12:00

McDonald's drops Heinz Ketchup

McDonald's said Friday it was dropping ketchup king Heinz as a supplier of the key hamburger condiment, citing management changes at Heinz that put the company closer to rival Burger King.
26 October 2013 14:10

Chinese oil firms, Europe's giants win Brazil auction

China's CNOOC and CNPC, Anglo-Dutch giant Royal Dutch Shell and France's Total joined Brazilian state operator Petrobras on Monday in winning production rights to the huge "Libra" Atlantic oilfield.
22 October 2013 13:24

Yahoo holds onto more of Alibaba as profit slips

Yahoo on Tuesday took attention off a lackluster quarterly report with word that it plans to hold onto a larger chunk than originally planned of Chinese e-commerce powerhouse Alibaba.
16 October 2013 12:04

More problems hit JAL Dreamliners: company

A fresh series of troubles has hit Japan Airlines 787 Dreamliners, with two Tokyo-bound flights forced to turn around and another plane experiencing a minor glitch.
11 October 2013 10:52

Struggling Alitalia in last-gasp bid for survival

Five years after a botched rescue, Italy's troubled carrier Alitalia gasped for survival on Tuesday buried by a mountain of debt, unpaid gas bills and only the slimmest of options.
09 October 2013 18:08

GSK to seek green light for malaria vaccine

British drug maker GlaxoSmithKline (GSK) said on Tuesday it hoped to get the green light for a prototype vaccine against malaria after trials showed it offered children a partial shield against the disease.
08 October 2013 12:12

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