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Gatorade pulls 'fire retardant' additive PepsiCo subsidiary Gatorade said Friday it was removing an ingredient from its popular citrus-flavored sports drink that has a second life as a fire retardant.

26 January 2013

Apple hails results but outlook knocks stock price Apple shares slid about 10 percent Wednesday after the tech giant posted record profits and sales of its iPhones and iPads but offered a disappointing forecast for the coming months.

25 January 2013

KFC parent company sorry over China chicken scare US fast food giant Yum! Brands has apologised to customers of its Chinese KFC restaurants after a scandal over tainted chicken that dented sales at the popular chain.

12 January 2013

AIG refuses to join lawsuit against US government The board of giant insurer AIG decided Wednesday not to join a private shareholder lawsuit against the US government over the $182 billion rescue of the insurer in 2008.

11 January 2013

India set to clear IKEA retail plan: minister India is on track to approve a bid by Swedish furniture giant IKEA to open its trademark blue-and-yellow stores in the country as it seeks big new markets for its flat-pack products.

28 December 2012

STX France lands major luxury liner order An ailing French shipyard landed a multi-million-dollar contract Thursday as a US cruise company announced it was ordering a massive luxury liner from STX France at Saint Nazaire.

28 December 2012

S. Korea's KT bids for Vivendi stake in Maroc South Korean mobile operator KT said Wednesday it has submitted a preliminary bid for French group Vivendi's stake in Moroccan carrier Maroc in a deal estimated to be worth more than $7 billion.

27 December 2012

US-Japan joint venture picked for Mozambique gas project A joint venture consisting of US company CB&I and Japan's Chiyoda Corporation has been picked to participate in a liquefied natural gas project in Mozambique.

26 December 2012

ConocoPhillips sells off Nigerian operation US energy giant ConocoPhillips has agreed to sell its Nigerian operations to growing African group Oando for 1.79 billion dollars (1.35 billion euros).

21 December 2012

AU Optronics executive guilty in LCD price-fixing case A US jury on Tuesday found a former senior manager at Taiwan-based AU Optronics Corp. guilty of taking part in a global scheme to rig prices of liquid crystal display screens.

19 December 2012

'Gulf princesses' hold key to lingerie firm revival Gulf princesses. The key to success holds in two simple words for Maison Lejaby, a historic lingerie maker rescued from collapse 10 months ago, and newly revived as a purveyor of "Made in France" luxury.

12 December 2012

PPR joins luxury sector rivals on China gold rush trail PPR, the French retailer that has snapped up Hong Kong jeweller Qeelin, intends to leverage the brand to build its presence in China and across Asia in a path already trodden by up-market rivals such as Richemont and Hermes.

12 December 2012

HSBC to sell stake in China insurer Ping An for $9.4 bn Britain's HSBC said Wednesday it would sell its stake in China's second largest life insurer Ping An for $9.4 billion, as it looks to shift its focus back towards its traditional banking business.

05 December 2012

India warns Maldives over airport deal row India warned its neighbour the Maldives on Monday that it might freeze annual aid worth $25 million amid anger over an attempt to kick out the Indian firm managing the main airport in the country.

05 December 2012

Murdoch's British newspaper chief to leave company Rupert Murdoch's top newspaper lieutenant in Britain is to leave his post at the end of the year, it was announced Sunday, heralding the start of a major shake-up at parent company News Corporation.

03 December 2012

SIA in talks to sell off Virgin Atlantic stake Singapore Airlines said Monday it was in talks with "interested parties" on a possible sale of its 49 percent stake in Virgin Atlantic as media reports listed US carrier Delta Air Lines as a possible buyer.

03 December 2012

ArcelorMittal warns France over pressure on Florange Steel giant ArcelorMittal warned the French government Friday that efforts to force it to sell all of its Florange plant, rather than just the parts it wants to close, threaten the company's presence in France.

25 November 2012

Japan, India to cooperate on rare earth production Japan has signed a memorandum of understanding with India to promote joint production of rare earth minerals, a move which will help reduce its reliance on China which controls most of the world's supply.

18 November 2012

BP says in 'advanced discussions' to settle Gulf spill case British energy giant BP said on Thursday it was in advanced discussions to settle open criminal and regulatory cases with US authorities over the 2010 Gulf of Mexico oil spill disaster.

16 November 2012

Anti-virus legend McAfee wanted for murder in Belize John McAfee, founder of the eponymous anti-virus company, is on the run for killing another US citizen in a resort town.

13 November 2012

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