Rio sells Australian coal mine stake for $1.02 bnResources giant Rio Tinto announced the US$1.02 billion sale of its stake in Australia's Clermont thermal coal mine Monday as it seeks to shore up its ailing bottom line.
Rio Tinto pink diamonds fetch record pricesThe annual sale of Rio Tinto's rare pink-hued diamonds attracted unprecedented interest with at least two of the stones fetching record prices of over $2 million.
14 October 2013
Traditional computer sales eroded by love of tabletsIndustry trackers on Wednesday reported that sales of traditional personal computers continued to wither in the recently ended quarter as tastes shifted to tablets.
Ford sees turnaround in Europe The steep contraction of Europe's auto industry -- which has trimmed sales, forcing carmakers to absorb punishing losses and slash production -- appears to be reaching bottom.
Tod's shoes turns from Italy to beat crisis Custom-made shoe moulds hanging in a sun-filled workshop are the secret behind the success of luxury Italian shoemaker Tod's, which is flourishing despite a recession-hit economy.
Samsung sells more than 10 mn Galaxy S4 smartphones South Korea's Samsung Electronics said Thursday that global sales of its latest flagship Galaxy smartphone had topped 10 million units less than a month after its debut.
23 May 2013
Egypt faces social pressure to end alcohol sales Egypt's liquor stores are under growing pressure to stop selling alcohol, they say, not from the country's Islamist government, but from society itself.
20 May 2013
Branson open to total sale of Virgin Australia Virgin Group chief Richard Branson has aired the possibility of selling his entire stake in budget carrier Virgin Australia, saying the airline's branding is more important to him than ownership.
08 May 2013
Penfolds pops cork on 'perfect' 2008 Grange Nestled in Australia's Adelaide hills, Penfolds Magill Estate has opened its double cellar doors to launch global sales of one of the most hyped "new world" wines in recent history.
04 May 2013
Instant noodle sales top 100 billion units a year Global sales of instant noodles have topped 100 billion units annually, an industry group said Friday -- more than one monthly serving of the portable meal for every person on the planet.
26 April 2013
Apple profit falls for first time in nearly a decade Apple reported Tuesday that its quarterly profit dipped for the first time in nearly a decade as it squeezed less money from its champions in the competitive smartphone and tablet markets.