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).
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.
'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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
Apple still perched high, but seems vulnerable
Apple, the world's biggest and perhaps most admired company, seems to have lost some of its luster.
Abramovich eyes Australian gas investment - report
Chelsea football club owner Roman Abramovich jetted into Australia for talks with resource company Linc Energy, renowned for its underground coal gasification (UCG) technology.
Cosmetics giant L'Oreal opens huge Indonesia plant
Cosmetics giant L'Oreal on Wednesday opened its biggest factory in the world in Indonesia, as it seeks to profit from strong demand for beauty products in fast-growing Asia.
Japan's Suzuki shutters US car business
Japan's Suzuki said Tuesday it would shut down its money-losing car business in the United States and file for bankruptcy, citing a strong yen and weak demand for its small cars in the US market.
Foreign firms owe British taxman £5.5bn
Foreign companies in Britain owe around £5.5 billion in taxes, figures unearthed by The Times newspaper showed Saturday.
Duopoly fears after Virgin Australia takes Tiger stake
Australia's competition regulator plans to take a hard look at Virgin Australia's planned acquisition of low-cost rival Tiger Airways Australia over concerns about the market becoming a duopoly.
Nissan chief wary of China amid island row: report
Nissan would think twice before making new investments in China, the firm's chief told the Financial Times, as Japan-brand auto sales dive amid a territorial row between Tokyo and Beijing.
Virgin Australia sells stake to Singapore, pounces on Tiger
Virgin Australia on Tuesday sold 10 percent of its business to Singapore Airlines while agreeing to buy a 60 percent stake in Tiger Airways Australia as it upped the ante in its battle with Qantas.