Rio sells Australian coal mine stake for $1.02 bn
Resources 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.
Dolphin killings rise in Peru due to Asia shark fin sales
Peru has dramatically increased its sales of shark fins to Asia, triggering the slaughter of about 15,000 dolphins a year used as bait.
Rio Tinto pink diamonds fetch record prices
The 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.
Traditional computer sales eroded by love of tablets
Industry trackers on Wednesday reported that sales of traditional personal computers continued to wither in the recently ended quarter as tastes shifted to tablets.
Retail titan Amazon expands sales to Android apps
Online retail titan Amazon on Tuesday began letting developers sell wares in games or other applications tailored for Android-powered gadgets.
Tablet sales slow in absence of new iPad model: IDC
Sizzling hot tablet sales have cooled a bit but should re-ignite with the release of a new iPad model later this year.
US poised to sell Iraq $2 bn in military equipment
The Pentagon has informed the US Congress of a possible sale of $2 billion worth of military equipment to Iraq.
Sales of new cars grew 72 percent in Kazakhstan
Sales of new cars grew 72 percent in Kazakhstan in the first half of 2013 compared to the same period last year.
Volvo trucks reports profit drop but sees sales pick up
Swedish heavy truck and construction equipment maker Volvo reported that profits plunged in the second quarter.
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.
BlackBerry shares plunge on weak results, sales
BlackBerry on Friday posted an unexpected first quarter loss and disappointing sales figures for its new smartphones.
Kazakhstan residents bought new cars worth $2 billion in 2012
Kazakhstan residents spent $2 billion onnew cars in 2012.
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.
Citigroup settles US suit over mortgage securities
Citigroup has settled a lawsuit by the US Federal Housing Finance Agency over the sale of home mortgage-backed securities to government-backed lenders.
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.
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.
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.
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.
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.
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.
