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Former Woodside advisor Australia's new resources minister Australia's new Resources and Energy Minister Gary Gray on Monday denied there would be any conflict of interest stemming from his previous job as an advisor to oil and gas giant Woodside.

25 March 2013

TNT Express to shed 4,000 jobs after UPS takeover fails Dutch post and courier company TNT Express said Monday it would shed around 4,000 jobs over the next three years as it restructures after US rival UPS' takeover bid failed in January.

25 March 2013

Petrobras aims to triple Brazil's offshore oil output Brazil's state-run energy giant Petrobras said Tuesday it aims to triple oil production from its huge deep-water fields by 2017.

20 March 2013

China solar giant Suntech falls back to Earth China's Suntech has made a painful journey from being the world's largest solar panel producer to flirting with bankruptcy in just a year, highlighting the woes of the industry it shaped.

20 March 2013

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

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

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

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

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

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

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

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

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