Heineken to buy maker of Tiger beer for $4.1 billion Dutch brewer Heineken said Friday it has reached a deal to buy the Asian brewing group that makes Tiger beer for $4.1 billion, as it seeks to bolster its presence in the fast-growing region.
04 August 2012
Commodity prices mostly fall on lack of stimulus measures Global commodity markets mainly fell in subdued trade this week as investors expressed disappointment at the lack of central bank action to kick-start the struggling global economy.
04 August 2012
US economy creates 163,000 jobs, helping Obama The US economy created a solid 163,000 jobs in July, helping President Barack Obama dull Republican attacks despite a slight uptick in the jobless rate.
Blame game after Annan quits as Syria envoy World powers traded blame on Friday after Kofi Annan quit as international peace envoy to Syria, complaining that his initiative to end the bloodshed there never received the support it deserved.
Judge scolds Samsung, lets patent trial proceedThe judge in a massive smartphone patent dispute reprimanded Samsung Friday for releasing excluded evidence but denied a bid by Apple to order a verdict in the case.
04 August 2012
Gays target US fast-food chain with 'kiss-in' Gays and lesbians puckered up at "kiss-ins" outside Chick-fil-A outlets across the United States in protest over the fast-food chain's opposition to same-sex marriage.
04 August 2012
Investigations of Shell's Nigeria spills a 'fiasco': Amnesty Rights group Amnesty International said Friday investigations into Shell oil spills in Nigeria were a "fiasco," alleging the company repeatedly blamed sabotage in an effort to avoid responsibility.
04 August 2012
World's oldest hippo dies at 62 Donna, believed to be the world's oldest hippo, has died at the age of 62 after living more than two decades beyond the massive mammal's usual life expectancy, zoo officials said.
China 'regrets' Syria envoy Annan's resignation China expressed regret Friday over former UN chief Kofi Annan's resignation as international envoy for Syria and said it would continue to "work for a political resolution" to the conflict.
04 August 2012
Iran unfazed by Israeli, US threats of force: Netanyahu US and Israeli threats of a military strike have done nothing to stop Iran's pursuit of a nuclear capability, Israeli PM Benjamin Netanyahu said in talks with US Defence Secretary Leon Panetta.
04 August 2012
Olympics: Heady mantle of world's fastest man Following in the footsteps of the likes of Jesse Owens and Carl Lewis cannot be easy, but Usain Bolt has carried the heady mantle of the world's fastest man with a fun-loving dignity.
BHP chief forgoes bonus after $2.84 bln US gas writedown BHP Billiton on Friday said chief executive Marius Kloppers will forgo his annual bonus after the world's biggest miner was forced to write down the value of its US shale gas assets by US$2.84 billion.
03 August 2012
Euro stays weak in Asia after ECB disappointment The euro stayed bearish against other currencies in Asia trade Friday after taking a hit from the European Central Bank's announcement of no immediate measures to fight the debt crisis.