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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

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.

11 November 2012

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.

08 November 2012

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.

07 November 2012

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.

06 November 2012

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.

04 November 2012

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.

31 October 2012

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.

31 October 2012

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.

30 October 2012

Citi fined $2 mn over Facebook IPO leak US banking giant Citigroup paid a $2 million fine to a state regulator and fired a junior analyst over a probe into leaks of confidential information on Facebook's public offering.

27 October 2012

BBC pulls plug on world's oldest teletext service BBC Ceefax, the world's first teletext service, ceased transmission on Tuesday after delivering 38 years of up-to-the-minute news and sports updates to the British public.

24 October 2012

US thinks Iran behind cyberattack in Saudi: ex-official The United States believes Iran was behind a major cyberattack on Saudi Arabia's state oil company and a Qatari gas firm.

14 October 2012

Japan auto giants to halve Chinese output: report Japan's top three carmakers will halve production in China following a sales slump there sparked by a backlash over a territorial row between Tokyo and Beijing.

08 October 2012

SpaceX set for first NASA-contracted supply mission US firm SpaceX aims for its next big launch into orbit Sunday -- the first of 12 flights in its $1.6 billion contract with NASA to bring supplies to and from the international space station.

06 October 2012

Assets of Kazakhstan Engineering reached 40 billion tenge In 2012 the company’s assets almost doubled and reached 40 billion tenge, while its profit grew almost 4-fold and made 75 billion tenge ($500 million): chairman.

04 October 2012

Xstrata, Glencore announce new deal for massive tie-up Swiss mining group Xstrata and commodities giant Glencore said on Monday they had agreed on new terms for their tie-up to create a massive company worth about 70 billion euros ($90 billion).

02 October 2012

World's 2nd largest steel firm born in Japan Japan's Nippon Steel and rival Sumitomo Metal Industries formally merged on Monday, creating the world's second largest steelmaker amid intensifying global competition.

02 October 2012

Heineken takeover of Tiger Beer maker approved Shareholders in the parent company of the Singapore-based brewer that makes Tiger Beer on Friday approved the firm's takeover by Dutch giant Heineken.

29 September 2012

G4S 'high-risk' after Olympic security fiasco: lawmakers British security giant G4S should be registered as a "high-risk" company after it failed to provide enough guards for the Olympics, lawmakers said Friday.

21 September 2012

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