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Chevron, Transocean settle over Rio oil spill US energy giant Chevron and Swiss-based rig operator Transocean signed a deal with Brazilian prosecutors on Friday to settle lawsuits over an oil spill off the coast of Rio de Janeiro.

14 сентября 2013

Twitter announces IPO plans, on Twitter Twitter announced Thursday, in a tweet, that it has submitted papers for the most hotly anticipated stock offering in the tech sector since Facebook's last year.

13 сентября 2013

Japan mobile giant Docomo to sell iPhone: media Japan's biggest mobile carrier plans to sell Apple's iPhone, reports said Friday, days ahead of the expected launch of the US firm's addition to the popular smartphone.

06 сентября 2013

Delta, Virgin Atlantic near US antitrust immunity nod Delta Air Lines and Virgin Atlantic Airways on Friday won tentative US approval for antitrust immunity for their proposed transatlantic joint venture.

31 августа 2013

Australia's Billabong posts mammoth $771mn loss Embattled Australian surfwear brand Billabong reported a huge Aus$859.5 million (US$771.7 million) net annual loss Tuesday -- triple the firm's market value and far worse than analyst forecasts.

27 августа 2013

Nokia says India 'least favourite market': report Finnish telecom giant Nokia has told India's government that the country is now its "least favourable market" to operate in and it makes better sense to export its products from China.

23 августа 2013

Aluminium giant Rusal posts 1H net loss of $439 mn Rusal, the world's largest aluminium producer, on Monday reported a net loss of $439 million for the first half of 2013, citing falling prices, an excess global supply and economic uncertainty.

19 августа 2013

US investigating JPMorgan's China hiring The United States is investigating JPMorgan over its hiring practices in China.

19 августа 2013

AOL trims its Patch news operations AOL said Friday it was cutting an unspecified number of jobs at its Patch hyperlocal news operations, while consolidating or closing some Patch sites.

18 августа 2013

Airlines vow to fight US move to block merger Lawyers for US Airways and American Airlines voiced confidence Wednesday that they can defeat the US suit to prevent their merger, but allowed that a negotiated deal was also possible.

15 августа 2013

Cisco to cut 4,000 jobs Information technology giant Cisco announced Wednesday that it will cut 4,000 jobs, equal to five percent of its workforce.

15 августа 2013

Rio to lay off 1,700 at Mongolia project Mining giant Rio Tinto on Thursday said it will lay off up to 1,700 staff at its huge Oyu Tolgoi copper mine in Mongolia after a more than US$5 billion expansion was halted.

15 августа 2013

US sues to block US Airways-American Airlines merger The US Justice Department and several states sued Tuesday to block the $11 billion merger between American Airlines and US Airways, saying it would reduce competition and push up fares.

14 августа 2013

Facebook to buy firm specializing in voice translation Facebook has agreed to acquire Mobile Technologies, a firm specializing in voice translation software, the two companies said Monday, without providing financial details of the transaction.

13 августа 2013

Brazil energy giant paid bribes to parties: press Brazil's state-run energy giant Petrobras funneled kickbacks to officials from political parties.

12 августа 2013

Kazakhstan paper producer Kagazy freezes former managers' assets Assets of two former heads of Kazakhstan Kagazy have been frozen around the world under the company’s request.

09 августа 2013

Airbus complaint against Boeing ad dismissed Boeing did not mislead readers of a trade magazine when touting the advantages of its 747-8 jumbo jet over rival Airbus' A380 model.

08 августа 2013

China fines baby formula firms $108 million for price-fixing: Xinhua China has fined six mostly foreign baby formula companies a total of $108 million for price-fixing.

07 августа 2013

Amazon's Bezos buys Washington Post for $250 mn The Washington Post, the legendary newspaper that broke the Watergate scandal, is being sold to Amazon founder Jeff Bezos as it seeks to survive the onslaught of the Internet.

06 августа 2013

Virgin Australia expects loss of $98 mln for year Virgin Australia said Monday it was expecting a full-year loss of Aus$95-$110 million (US$84-98 million).

05 августа 2013

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