Coca-Cola FEMSA to acquire Philippine bottler Coca-Cola FEMSA of Mexico is to take control of the US soft drink firm's bottling operations in the Philippines in a $688.5 million cash deal.
15 December 2012
IMF warns Hong Kong property faces price correction The International Monetary Fund on Wednesday warned that Hong Kong could see an abrupt fall in property prices after years of dramatic increases in one of the world's most expensive housing markets.
12 December 2012
Pressure mounts on fiscal cliff, Obama urges fix US President Barack Obama on Wednesday called for a pre-Christmas deal with Republicans to avert a year-end tax and deficit crunch, as pressure mounted from the business world and stock markets fluttered.
30 November 2012
Sony mulls battery business sale: report Sony is in talks with suitors including Taiwan's Hon Hai Precision over the sale of its battery business, a report said Thursday, as the Japanese firm tries to repair its dented balance sheet.
30 November 2012
Indian govt and opposition face off as parliament opens India's shaky government and the opposition locked horns on Thursday as parliament re-opened for a crucial session that will see a recent string of pro-market reforms being hotly contested.
23 November 2012
Falling aluminium prices hit Rusal earnings Russian aluminium giant Rusal posted a third-quarter loss of $118 million on Monday, blaming Europe's economic turmoil and China's slowdown for sinking global demand for the metal.
12 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
Android smartphone shipments boom: industry tracker Android software powered three out of four smartphones shipped worldwide in the recently ended third quarter as the Google-backed mobile platform dominated the market.
03 November 2012
Brazil fashion industry struggles to take flight Sao Paulo's Fashion Week is in full swing, giving Brazil the chance to celebrate its status as the world's fifth largest producer of textiles and the fourth biggest producer of finished garments.
02 November 2012
Dollar, euro gain in Asian trade after China data The dollar and euro climbed against the yen in Asia on Thursday as positive Chinese manufacturing data boosted risk sentiment, while traders were also looking ahead to a crucial US jobs report.
01 November 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.
Microsoft woos mobile users, aims at Apple Microsoft kicked off sales of its revamped Windows 8 system and Surface tablet Friday amid mixed reviews as the tech giant ramped up efforts to compete in a market shifting rapidly from PCs to mobile devices.
27 October 2012
Facebook touts mobile gains as earnings beat forecast Facebook said it was making strong gains in tapping the mobile advertising market as the world's leading social network turned in better-than-expected third quarter earnings Tuesday.
25 October 2012
Earnings reality sinks US investor hopes A reality blast of disappointing earnings from a clutch of US business heavyweights wiped out midweek gains Friday as US markets suffered another poor week.
Apple smartphones gaining on Samsung in US Apple narrowed the gap with Samsung smartphones in the precious US market in the months before the release of the hot-selling iPhone 5 model.
04 October 2012
S&P warns of little iron ore respite for miners Global credit agency Standard & Poor's said Tuesday that it saw little improvement in iron ore prices in the near-term and warned that smaller single-commodity miners could see their ratings slip.
03 October 2012
Facebook tailoring ad services for businesses Facebook's chief operating officer was in New York on Monday working to bolster investor confidence with assurances that the social network was intent on making money.
02 October 2012
China manufacturing in second month of contraction China's manufacturing activity contracted for a second straight month in September, according to official data released Monday, falling short of expectations for expansion.
+7 (777) 001 44 99
Қазақша
Русский
English
587.93
