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Airbus to sign mega A320 order from Asian carrier Lion Air European aerospace giant Airbus will sign Monday what would mark one of its biggest orders ever from Indonesia's Lion Air for more than 200 A320 medium-haul jets.
18 March 2013
©REUTERS/Steve Marcus Panasonic to shrink TV business, exit plasma: report Embattled Japanese electronics giant Panasonic plans to scale down its television business and withdraw from manufacturing plasma displays.
18 March 2013
China Everbright to relaunch Hong Kong IPO plans China Everbright Bank, a mid-sized lender, said Wednesday it would relaunch plans to list shares in Hong Kong, after earlier aborted attempts at an overseas stock offer.
14 March 2013
Photo by tengrinews.kz KazTransOil announces 2012 earnings KazTransOil earned over 33 billion tenge ($220 million) in 2012.
11 March 2013
US companies keep more money offshore: report US companies are keeping more of their profits offshore, choosing overseas tax havens amid talk in Washington about closing corporate tax loopholes.
11 March 2013
Court dismisses Nokia patent claims against HTC Taiwan's top smartphone maker HTC said Saturday a German court had dismissed two patent infringement complaints brought against the company by Finnish phone giant Nokia.
09 March 2013
Qantas defends itself after jumbo it sold went to Iran Australia's Qantas Saturday said it took all reasonable precautions in selling aircraft after a report revealed that a jumbo jet once owned by the carrier had ended up in Iran despite sanctions.
09 March 2013
Photo courtesy of theage.com.au Firm sorry for 'Keep Calm and Rape' shirts A T-shirt company has issued an apology for advertising tops with slogans such as "Keep Calm and Rape A Lot" and "Keep Calm and Kill Her", with its founder saying Wednesday the firm may go under.
06 March 2013
©REUTERS/Vivek Prakash Jaguar Land Rover mulls manufacturing in India: report Jaguar Land Rover, the British luxury car unit owned by Tata Motors, is considering manufacturing vehicles from scratch in India.
04 March 2013
Arianespace wins Australian broadband satellite contract European satellite launch company Arianespace was Monday selected by Australia to send rockets into orbit to help bring broadband to the country's remote Outback.
04 March 2013
Air China to buy 31 Boeing planes Air China signed an agreement Friday to buy 31 Boeing passenger and cargo planes from Boeing, subject to government approval.
02 March 2013
Photo courtesy of wn.com US drug firm Mylan to buy Indian firm for $1.6 bn US generic drugs specialist Mylan said Thursday it would buy a unit of India's pharma firm Strides Arcolab for $1.6 billion, boosting its presence in the high-growth injectable drugs market.
28 February 2013
©REUTERS/Claro Cortes IV/Files Chinese oil giant CNOOC buys Canada's Nexen The Chinese oil giant CNOOC completed its $15.1 billion purchase of Canada's Nexen energy group on Monday, in what analysts have said is China's largest foreign investment.
26 February 2013
©REUTERS Judge blocks Apple shareholder vote in lawsuit A US federal judge blocked Friday an Apple shareholder vote in response to a hedge fund lawsuit that claimed the tech giant was improperly bundling questions on a ballot.
24 February 2013
New York Times revives effort to sell Boston Globe The New York Times, facing a difficult environment for newspapers in the digital age, announced Wednesday that it was reviving its efforts to sell The Boston Globe.
21 February 2013
World's biggest food firms embroiled in Europe horsemeat scandal The world's biggest food company, Swiss-based Nestle, and the world's top beef producer, JBS of Brazil, were Tuesday the latest in a long list of firms to be caught up in Europe's spiralling horsemeat scandal.
20 February 2013
FBI examining possible Heinz insider trades The FBI is examining possible insider trading in Heinz shares ahead of last week's buyout announcement, after US regulators identified suspicious trades from a Swiss account.
20 February 2013
US airline merger latest in global consolidation Thursday's merger between American Airlines and US Airways marks the latest in a series of recent deals that has consolidated the airline industry.
15 February 2013
Berkshire, 3G buy ketchup maker Heinz in $28bn deal Billionaire Warren Buffett's investment powerhouse Berkshire Hathaway and Brazilian-led 3G Capital announced Thursday they would take over venerable US ketchup maker Heinz in a deal worth $28 billion.
15 February 2013
Russian firm to pay Venezuela $1.1 bn in joint oil venture Russian oil giant Rosneft will pay Venezuela $1.1 billion to take part in a joint oil-extraction venture in the crude-rich southeast.
14 February 2013
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